Stock Track | Garmin Soars 5.73% Pre-market on Strong Q2 Results and Raised 2025 Outlook

Stock Track
Jul 30

Shares of Garmin (GRMN) surged 5.73% in pre-market trading on Wednesday following the release of its impressive second-quarter 2025 financial results and an upward revision of its full-year guidance. The company's performance significantly exceeded analyst expectations, demonstrating robust growth across key financial metrics.

Garmin reported adjusted earnings of $2.17 per diluted share for the fiscal second quarter, marking a substantial 37.34% increase from $1.58 in the same period last year. This result comfortably beat the analyst consensus estimate of $1.89 by 15%. The company's net sales for the quarter reached $1.815 billion, up 20.44% from $1.507 billion in the previous year, and surpassing the analyst expectations of $1.696 billion by 7.03%.

Following these strong results, Garmin raised its outlook for fiscal year 2025. The company now expects adjusted earnings per share to reach $8.00, up from its previous forecast of $7.80. Additionally, Garmin increased its full-year revenue projection to $7.10 billion from $6.85 billion previously. Both revised figures are now ahead of current analyst consensus estimates. The company's improved guidance, coupled with its impressive Q2 performance, suggests continued momentum and has fueled investor optimism, as reflected in the pre-market stock price surge.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10