Garmin is scheduled to report second-quarter 2026 results on July 29 before market open. The Zacks Consensus Estimate for earnings is $2.27 per share, implying a 4.6% year-over-year increase, while the revenue estimate stands at $1.93 billion, suggesting 6.4% growth. The Fitness segment is expected to lead with a consensus revenue estimate of $687.1 million, up 13.6%, driven by strong demand for advanced wearables and new products like the Varia RearVue 820 radar tail light. The Outdoor segment's consensus revenue estimate is $492.9 million, up 0.6%, supported by the fenix smartwatch lineup and recently launched devices such as the Approach G82 handheld GPS. The Marine segment's consensus estimate is $316.2 million, up 5.7%, aided by new products including the 360-degree scanning sonar with Spy Pole, while the Aviation segment's estimate is $271.5 million, up 9.2%, benefiting from OEM and aftermarket strength and the Daher TBM 980 aircraft featuring Garmin's G3000 PRIME avionics suite. The Auto OEM segment is expected to remain pressured with a consensus estimate of $163.2 million, down 4.1%, as the BMW program passes peak production and legacy programs wind down. Garmin has an Earnings ESP of 0.00% and a Zacks Rank of 3, indicating no clear signal for an earnings beat.
ASE Industrial Holding Co Ltd
Amphenol CorporationGarmin LtdFitness segment revenue expected up 13.6% driven by strong demand for advanced wearables and new products.
Advanced Micro Devices Inc