Categories AlphaGraphs, Earnings, Technology

Garmin (GRMN) stock surges on upbeat Q2 results

Garmin (NASDAQ: GRMN) reported Q2 2020 earnings and sales that surpassed the market’s estimates sending its shares up 7% in the pre-market trading session. The company reported an adjusted EPS of $0.91 on sales of $870 million.

Sales dropped 9% in the quarter due to the declining sales in Aviation and Auto segments. On a GAAP basis, earnings declined 18% to $0.96 per share.

Garmin (GRMN) Q2 2020 Earnings Infograph

Garmin stock could surpass its previous 52 week high ($105.58) if the momentum continues in the today’s regular trading session.

Also read Garmin Q2 2020 earnings call transcript

Most Popular

Infographic: How Starbucks (SBUX) performed in Q1 2023

Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections.   Global comparable store sales increased

Earnings: Google parent Alphabet (GOOG, GOOGL) reports lower Q4 profit

Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search

HOG Earnings: Key quarterly highlights from Harley-Davidson’s Q4 2022 financial results

Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,

Add Comment
Viewing Highlight