Garmin reports on October 28, with analysts expecting 12.3% revenue growth
Garmin Ltd. is due to report results for the period ended September 30, 2026, on October 28. LSEG estimates revenue of $1.989 billion and EPS of $2.40.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
Schaffhausen-based Garmin Ltd. will publish results for the period ending September 30, 2026, on October 28, according to Earnings Preview, which cites LSEG data from four analysts. Revenue is expected to rise 12.3% to $1.989 billion from $1.77 billion a year earlier.
The mean EPS estimate stands at $2.40 and has not changed over the past three months. Recommendations are split into three buy ratings, six holds and one sell. The median 12-month price target is $293, about 0.3% below the last close of $293.74.
In the previous quarter, Garmin reported EPS of $2.81 against the LSEG consensus of $2.24, beating expectations by 25.2%.
why it matters
A strong beat in the previous quarter raises the bar for this report, so the share reaction is likely to hinge on guidance for the next period rather than on the comparison with consensus alone.
market impact
Garmin shares and consumer electronics sector: the gap between reported EPS and consensus drives the re-rating of the stock
tags
instruments
sources
- Garmin Ltd. expected to post earnings of $2.40 a share — Earnings Preview, 26 October 2026 at 12:37 UTC
- Flex Ltd expected to post earnings of $1.05 a share — Earnings Preview, 26 October 2026 at 12:49 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗