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Schaffhausen, Switzerland-based Garmin Ltd. (GRMN) designs, develops, manufactures, markets, and distributes a range of wireless devices. Valued at $46.3 billion by market cap, the company designs, develops, manufactures, and markets hand-held, portable, and fixed mount GPS-enabled products serving automotive, aviation, marine, outdoor, and fitness markets. The leading provider of navigation and communication devices is expected to announce its fiscal second-quarter earnings for 2026 before the market opens on Wednesday, Jul. 29.
Ahead of the event, analysts expect GRMN to report a profit of $2.27 per share on a diluted basis, up 4.6% from $2.17 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
