Benzinga | Oct 28, 2020 07:05AM EDT

Garmin Q3 EPS $1.58 Beats $0.99 Estimate, Sales $1.10B Beat $893.58M Estimate

Garmin (NASDAQ:GRMN) reported quarterly earnings of $1.58 per share which beat the analyst consensus estimate of $0.99 by 59.6 percent. This is a 24.41 percent increase over earnings of $1.27 per share from the same period last year. The company reported quarterly sales of $1.10 billion which beat the analyst consensus estimate of $893.58 million by 23.10 percent. This is a 17.72 percent increase over sales of $934.38 million the same period last year.