Garmin's (GRMN) Preliminary Q3 Results and FY Guidance Miss Estimates
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Needham & Company Reiterates Hold on Garmin Ltd. (GRMN) Following Preliminary 3Q Results
October 15, 2015 2:50 PM EDTNeedham & Company reiterated a Hold rating on Garmin Ltd. (NASDAQ: GRMN) following the company's preliminary 3Q15 results. The company expects 3Q15 results of $680MM and $0.51 NG EPS, vs. prior consensus of $705MM and $0.64.
Analyst Richard Valera commented, "On Wednesday night, Garmin pre-announced preliminary... More
Dougherty & Co Downgrades Garmin Ltd. (GRMN) to Neutral
October 15, 2015 9:13 AM EDTDougherty & Co downgraded Garmin Ltd. (NASDAQ: GRMN) from Buy to Neutral.
For an analyst ratings summary and ratings history on Garmin Ltd. click here. For more ratings news on Garmin Ltd. click here.
Shares of Garmin Ltd. closed at $36.96 yesterday.
... More