For the quarter ended March 2025, Garmin (GRMN) reported revenue of $1.54 billion, up 11.1% over the same period last year. EPS came in at $1.61, compared to $1.42 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.57 billion, representing a surprise of -2.00%. The company delivered an EPS surprise of -2.42%, with the consensus EPS estimate being $1.65.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Garmin performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales- Fitness: $384.72 million versus the three-analyst average estimate of $404.99 million. The reported number represents a year-over-year change of +12.2%.
- Net Sales- Outdoor: $438.50 million versus the three-analyst average estimate of $442.87 million. The reported number represents a year-over-year change of +19.7%.
- Net Sales- Auto OEM: $169.33 million compared to the $153.36 million average estimate based on three analysts. The reported number represents a change of +31.3% year over year.
- Net Sales- Marine: $319.44 million versus $337.51 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -2.2% change.
- Net Sales- Aviation: $223.11 million compared to the $227.61 million average estimate based on three analysts. The reported number represents a change of +2.9% year over year.
- Operating income (loss)- Fitness: $77.71 million compared to the $100.47 million average estimate based on three analysts.
- Operating income (loss)- Outdoor: $128.79 million versus $155.68 million estimated by three analysts on average.
- Operating income (loss)- Aviation: $48.36 million compared to the $46.66 million average estimate based on three analysts.
- Operating income (loss)- Marine: $86.87 million versus the three-analyst average estimate of $64.67 million.
- Gross profit- Auto OEM: $30.03 million compared to the $22.57 million average estimate based on three analysts.
- Gross profit- Fitness: $220.14 million compared to the $237.45 million average estimate based on three analysts.
- Gross profit- Outdoor: $282.54 million compared to the $291.48 million average estimate based on three analysts.
View all Key Company Metrics for Garmin here>>>
Shares of Garmin have returned -6.2% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Garmin Ltd. (GRMN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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