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Garmin (GRMN) Q3 Earnings and Sales Beat Estimates, Up Y/Y

October 28, 2020

GRMN has reported third-quarter 2020 pro-forma earnings of $1.58 per share, beating the Zacks Consensus Estimate by 56.4%. Moreover, the bottom line improved 24.4% on a year-over-year basis and 73.6% sequentially. Net sales were $1.11 billion, which surpassed the Zacks Consensus Estimate of $907.4 million. The figure increased 19% from the year-ago quarter and 27.5% sequentially. Read more on yahoo!finance.