Garmin (NYSE:GRMN) reported its Q1 earnings results on Wednesday, April 27, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Garmin reported in-line EPS of $1.11 versus an estimate of $1.11.
Revenue was up $101.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.18 which was followed by a 5.24% drop in the share price the next day.
Here's a look at Garmin's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.37 | 1.26 | 1.26 | 0.89 |
| EPS Actual | 1.55 | 1.41 | 1.68 | 1.18 |
| Revenue Estimate | 1.36B | 1.15B | 1.11B | 937.68M |
| Revenue Actual | 1.39B | 1.19B | 1.33B | 1.07B |
To track all earnings releases for Garmin visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
