From Financial Modeling Prep: 2024-10-30 14:02:00

Garmin (NYSE:GRMN) stock surged 23% after reporting Q3 earnings. Adjusted EPS of $1.99 beat estimates by $0.55, revenue hit $1.59 billion – a 24% YoY increase.

Garmin saw growth in fitness and outdoor segments, with margins expanding. The company raised full-year revenue outlook to $6.12 billion and adjusted EPS forecast to $6.85, above Wall Street predictions.



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