Garmin's Strong Auto, Outdoor Growth Drives Analyst Rating, Despite Softer Fitness, Marine Sales
1. Garmin's Q1 2025 revenue grew 11% to $1.54 billion, exceeding expectations. 2. Adjusted EPS of $1.61 fell short of the $1.67 consensus estimate. 3. Fiscal 2025 revenue guidance raised to $6.85 billion, beating consensus of $6.83 billion. 4. EPS outlook remains steady at $7.80, below consensus of $7.92. 5. Positive trends in Auto OEM and Outdoor segments contributed to revenue growth.