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Garmin Earnings: An Early Look

http://www.fool.com/investing/general/2013/02/16/garmin-earnings-an-early-look.aspx

Dan Caplinger
February 16, 2013

Earnings season is in full swing, with huge numbers of companies having already given their latest numbers to investors, and Garmin (NASDAQ: GRMN) is about to release its quarterly earnings report. The key to making smart investment decisions with stocks releasing their quarterly reports is to anticipate how they'll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you'll be less likely to make an uninformed knee-jerk reaction to news that turns out to be exactly the wrong move.

Garmin has gone from being the giant in the GPS industry to facing extinction, as just about every smartphone now offers GPS services. Can the company survive by attacking niche markets? Let's take an early look at what's been happening with Garmin over the past quarter and what we're likely to see in its quarterly report on Wednesday.

Stats on Garmin

Analyst EPS Estimate

$0.74

Change From Year-Ago EPS

(23%)

Revenue Estimate

$834 million

Change From Year-Ago