Garmin Ready for its Quarterly Earnings Release

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Garmin Ready for its Quarterly Earnings Release

Published on Tuesday, 01 November 2011 11:24 Written by Christian Paolinetti

grmn New York, November 1st (TradersHuddle.com) - Shares of Garmin Ltd. (NASDAQ:GRMN) are trading flat by ahead of its quarterly earnings release. Garmin, the maker of global positioning system (GPS)-enabled products is expected to release its quarterly results on November 2^nd.

Wall Street Analysts consensus calls for a profit of $0.5 a share on $618.09 million revenue.

Garmin estimates have a range of $0.15 a share. The high estimate calls for profit of $0.58 a share and the low estimate is calling for a profit of $0.43 a share, a year ago for the quarter the company reported $0.7 a share.

Garmin Ltd. (NASDAQ:GRMN) designs, develops, manufactures, and markets global positioning system (GPS)-enabled products and other navigation, communication, and information products The company operates in the marine, aviation, outdoor/fitness and automotive segment.

Other companies on the watch on this earnings event are and .

UPDATE: Wedbush Maintains Neutral Rating, Raises PT for Garmin - Benzinga
From Earlier: D.A. Davidson Raises Garmin PT to $55, Maintains Neutral - Benzinga
Garmin Reaches New 52-Week High (GRMN) - TheStreet.com
UPDATE: Garmin Posts Better-Than-Expected Q1 Profit - Benzinga
Garmin Stock To Go Ex-dividend Tomorrow (GRMN) - TheStreet.com
UPDATE: Goldman Sachs Raises PT on Garmin to $43 - Benzinga
DA Davidson Raises PT to $52 on Garmin - Benzinga
UPDATE: Deutsche Bank Raises PT to $1845on Garmin - Benzinga
Garmin Continues Its Torrid Run; Stock Up 9% on Q4 Earnings - Benzinga
J.P. Morgan: Encouraging 2012 Outlook for Garmin J.P. Morgan: Encouraging 2012 Outlook for Garmin J.P. Morgan: Encouraging 2012 Outlook for Garmin J.P. Morgan: Encouraging 2012 Outlook for Garmin - Benzinga

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