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via finance.yahoo.comMarkets

Garmin beats Q3 2026 estimates with EPS of $2.76 and sales up 12% year over year

FROM THE WIRE · FINANCE.YAHOO.COM

Garmin Ltd. GRMN reported pro forma earnings of $2.76 per share for the third quarter of 2026, beating the Zacks Consensus Estimate of $2.38 by 15.97%. The bottom line increased 39% year over year from $1.99 reported in the year-ago quarter. Net sales rose 12% to $1.99 billion…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishEarnings beat consensus with margins expanding, relevant for the stock in the near term.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Garmin reported pro forma EPS of $2.76, versus a consensus estimate of $2.38.
  2. 02Net sales rose 12% to $1.99 billion.
  3. 03Gross margin expanded 420 basis points to 63.3%.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Garmin Ltd.GRMNStock274.60 USD+0.10%today -5.09%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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