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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
ๅŠ ๅ…ฅ March 2022
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GARMIN $GRMN Q3โ€™26 EARNINGS HIGHLIGHTS ๐Ÿ”น Revenue: $1.99B (Est. $1.99B) ๐ŸŸก; +12% YoY ๐Ÿ”น Adj. EPS: $2.76 (Est. $2.40) ๐ŸŸข; +39% YoY ๐Ÿ”น Gross Margin: 63.3%; +420 bps YoY ๐Ÿ”น Operating Margin: 30.8% Raises FY26 Guide: ๐Ÿ”น Revenue: ~$8.15B (Est. $8.09B) ๐ŸŸข ๐Ÿ”น Adj. EPS: $10.80 (Est. $10.13) ๐ŸŸข Segment Revenue: ๐Ÿ”น Fitness: $694.3M; +16% YoY ๐Ÿ”น Outdoor: $597.3M; +20% YoY ๐Ÿ”น Aviation: $252.7M; +5% YoY ๐Ÿ”น Marine: $309.9M; +16% YoY ๐Ÿ”น Auto OEM: $131.9M; -20% YoY Announcements: ๐Ÿ”น G1000 Retrofits: 1,000th King Air retrofit delivered ๐Ÿ”น Garmin Autoland: 2,500+ aircraft equipped Comments: ๐Ÿ”ธ โ€œWe are raising our 2026 outlook based on the results we have achieved so far and the momentum we are experiencing as we enter the important holiday selling season.โ€
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