Benzinga | Oct 27, 2021 07:13AM EDT

Garmin Q3 Adj. EPS $1.41 Beats $1.26 Estimate, Sales $1.19B Beat $1.15B Estimate; Raises Guidance

Garmin (NASDAQ:GRMN) reported quarterly earnings of $1.41 per share which beat the analyst consensus estimate of $1.26 by 11.9 percent. This is a 10.76 percent decrease over earnings of $1.58 per share from the same period last year. The company reported quarterly sales of $1.19 billion which beat the analyst consensus estimate of $1.15 billion by 3.65 percent. This is a 7.48 percent increase over sales of $1.11 billion the same period last year.