Stock Track | Garmin Soars 9.29% in Pre-market After Q2 Earnings and Revenue Beat Estimates

Stock Track

Jul 29

Shares of Garmin (NYSE: GRMN) surged 9.29% in pre-market trading on Wednesday, following the release of the company's second-quarter financial results that surpassed Wall Street expectations.

The company reported adjusted earnings per share of $2.81, significantly exceeding the analyst consensus estimate of $2.25. Revenue for the quarter came in at $2.022 billion, also beating the $1.899 billion estimate. Both figures represented double-digit growth compared to the same period last year, with earnings rising 29.49% and sales increasing 11.40%.

The strong quarterly performance underscores robust demand across Garmin's product segments, driving investor confidence and the sharp upward movement in the stock price ahead of the regular trading session.

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Both figures represented double-digit growth compared to the same period last year, with earnings rising 29.49% and sales increasing 11.40%.</p><p>The strong quarterly performance underscores robust demand across Garmin's product segments, driving investor confidence and the sharp upward movement in the stock price ahead of the regular trading session.</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":"1122908541","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1122908541","pubTimestamp":1785323310,"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":"Shares of Garmin (NYSE: GRMN) surged 9.29% in pre-market trading on Wednesday, following the release of the company's second-quarter financial results that surpassed Wall Street expectations.The...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GRMN":"佳明"},"translate_title":"股票跟踪 | Garmin 第二季度盈利和收入超出预期后盘前飙升 9.29%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GRMN":1},"content_text":"Shares of Garmin (NYSE: GRMN) surged 9.29% in pre-market trading on Wednesday, following the release of the company's second-quarter financial results that surpassed Wall Street expectations.The company reported adjusted earnings per share of $2.81, significantly exceeding the analyst consensus estimate of $2.25. 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