Stock AnalizGarmin (GRMN) earnings for the quarter ended September 2026: EPS beats estimates
Garmin reported results for the quarter ended September 2026 on October 28, 2026. Adjusted earnings per share came in at $2.76 against the analysts’ average forecast of $2.38, a beat of 15.8%.
Revenue for the quarter was $1.99 billion, up 12.2% from $1.77 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 5.8% on the first trading day after the report.
The last four quarters
Garmin has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $2.76 | $2.38 | +15.8% | +12% | −5.8% |
| Jun 2026 | $2.81 | $2.29 | +22.5% | — | +17.3% |
| Mar 2026 | $2.08 | $1.84 | +13.1% | +14% | +1.3% |
| Dec 2025 | $2.79 | $2.39 | +16.6% | +17% | +10.5% |
What comes next
Analysts expect EPS of $3.13 for the next quarter on average and $10.79 for the fiscal year ending December 31, 2026.
The average analyst price target is $299.00, 6% above the current price of $283.03.
Valuation and score
Garmin scores 4.0 out of 5 overall on Stock Analiz (a strong company), trades at a trailing P/E of about 27.2, and its intrinsic value under moderate assumptions is about 34% below the current market value. Full Garmin analysis with 10 years of financials
Frequently asked questions
What was Garmin’s EPS for the quarter ended September 2026?
$2.76 adjusted per share, against an analyst consensus of $2.38.
How much revenue did Garmin report?
$1.99 billion, up 12.2% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.