Why Garmin Stock Soared This Week
19.02.26 21:18 Uhr
Werbung
Werte in diesem Artikel
Indizes
PKT PKT
21.879,2 PKT 38,2 PKT 0,18%
6.582,7 PKT 7,4 PKT 0,11%
Shares of GPS-focused technology behemoth Garmin (NYSE: GRMN) rose 11% this week as of 2 p.m. ET on Thursday following the company's excellent fourth-quarter earnings release on Wednesday. Sales and earnings per share rose 17% and 16% in Q4, rocketing past Wall Street's expectations. Similarly, management's guidance for 9% sales and EPS growth in 2026 also exceeded analysts' consensus, further driving the stock higher this week.Perhaps the main reason the market loved Garmin's 2025 results so much is that the growth was companywide. Each of Garmin's five business segments delivered positive sales growth in 2025:Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool