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Technology | Scientific & Technical Instruments | Switzerland
Navigation Device Maker Garmin Spikes on Strong Earnings, Outlook, Dividend Bump
Garmin gives investors three reasons to cheer Wednesday
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Garmin posted earnings of $1 a share for the fourth quarter, handily beating expectations of 80 cents. The EPS number represents a 33% increase from the fourth of 2017. Revenue was $932 million, also easily beating analysts' expectations of $891 million.
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Garmin guided for full-year 2019 EPS of $3.70 on revenue of $3.5 billion. Analysts were expecting earnings of $3.52 a share on revenue of $3.43 billion.
The company also increased its yearly dividend to $2.28 a share, or 57 cents per quarter.
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https://www.thestreet.com/markets/garmin...yptr=yahoo
GRMN +15,6% aktuell
![[Bild: GRMNc1dl1224.png]](https://finviz.com/publish/022019/GRMNc1dl1224.png)
Navigation Device Maker Garmin Spikes on Strong Earnings, Outlook, Dividend Bump
Garmin gives investors three reasons to cheer Wednesday
...
Garmin posted earnings of $1 a share for the fourth quarter, handily beating expectations of 80 cents. The EPS number represents a 33% increase from the fourth of 2017. Revenue was $932 million, also easily beating analysts' expectations of $891 million.
...
Garmin guided for full-year 2019 EPS of $3.70 on revenue of $3.5 billion. Analysts were expecting earnings of $3.52 a share on revenue of $3.43 billion.
The company also increased its yearly dividend to $2.28 a share, or 57 cents per quarter.
...
https://www.thestreet.com/markets/garmin...yptr=yahoo
GRMN +15,6% aktuell
