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Top Wall Street Forecasters Revamp Garmin Expectations Ahead Of Q4 Earnings
Garmin Ltd. (NASDAQ: GRMN) is set to release its fourth-quarter earnings, with analysts expecting $2.39 per share, a slight decline from the previous year, and a revenue estimate of $2.01 billion. Several top Wall Street analysts have recently updated their ratings and price targets for Garmin, with some upgrading the stock and increasing price targets, while others maintained more cautious outlooks. These revised expectations come after the company reported strong Q3 revenue growth and ahead of its upcoming earnings report.