Stock Track | Garmin Soars 13.70% Intraday on Q2 Earnings Beat and Raised Full-Year Guidance

Stock Track

07/29

Garmin (NYSE: GRMN) stock surged 13.70% during intraday trading on Wednesday, extending earlier gains after the company reported second-quarter financial results that handily exceeded Wall Street expectations and raised its full-year outlook.

The strong move was driven by Garmin's Q2 earnings, which saw adjusted earnings per share of $2.81, significantly beating the $2.25 analyst consensus estimate. Quarterly revenue climbed 11.4% to $2.02 billion, also topping the $1.90 billion forecast. Robust demand for advanced fitness wearables and marine products fueled the outperformance, with the fitness segment revenue jumping 25% and marine segment sales increasing 14%.

Adding to the bullish sentiment, Garmin lifted its full-year 2026 revenue guidance to approximately $8.05 billion and raised its pro forma earnings per share outlook to $10.00, both above market estimates. The dual boost from an earnings beat and an upgraded forecast underpinned the sharp intraday rally.

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The dual boost from an earnings beat and an upgraded forecast underpinned the sharp intraday rally.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GRMN","symbol_name":"佳明","start_time":0,"source_url":"","article_id":"1139656958","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1139656958","pubTimestamp":1785332705,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Garmin (NYSE: GRMN) stock surged 13.70% during intraday trading on Wednesday, extending earlier gains after the company reported second-quarter financial results that handily exceeded Wall Street...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GRMN":"佳明"},"translate_title":"股票跟踪 | Garmin 第二季度盈利超出预期，盘中飙升 13.70%，并上调全年指引","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GRMN":1},"content_text":"Garmin (NYSE: GRMN) stock surged 13.70% during intraday trading on Wednesday, extending earlier gains after the company reported second-quarter financial results that handily exceeded Wall Street expectations and raised its full-year outlook.The strong move was driven by Garmin's Q2 earnings, which saw adjusted earnings per share of $2.81, significantly beating the $2.25 analyst consensus estimate. 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