GRMN

Kimball Electronics, Inc. KE ended fiscal 2026 on a soft note, with fourth-quarter earnings falling sharply year over year and missing expectations. Revenues also declined from the prior-year period, reflecting continued weakness in some of the company’s key end markets.However, the headline numbers apparently fail to reflect the inherent growth potential. Improving cash flow, a healthier balance sheet, strong momentum in Medical and expectations for a return to organic growth in fiscal 2027 suggest that Kimball’s underlying business is moving in the right direction. Let us dig a little deeper into the underlying factors. Kimball reported an adjusted loss of 1 cent per share for the fiscal fourth quarter against earnings of 34 cents in the year-ago quarter. The bottom line missed the Zacks Consensus Estimate of earnings of 40 cents.Quarterly revenues of $371.6 million declined 2.3% year over year. Automotive revenues fell 3%, while Industrial sales decreased 5%. Medical revenues, however, increased 1% and remained the strongest-performing end market. Adjusted operating income declined to $18.1 million from $19.6 million a year ago, while the adjusted operating margin contracted 30 basis points to 4.9%.However, revenues increased 5% sequentially, with all three end markets improving from the fiscal third quarter. Management also noted that adjusted operating income exceeded its internal expectations. This suggests that operating trends may be stabilizing even though year-over-year comparisons remain challenging. Kimball has declined 18.7% in the past year against the industry’s growth of 53.2%. It has lagged peers like KLA Corporation KLAC and Garmin Ltd. GRMN. While GRMN has gained 18%, KLAC soared 101.3% over this period. One-Year KE Stock Price Performance Image Source: Zacks Investment Research Kimball’s growing exposure to the Medical market remains one of the biggest positives in its investment story. Medical revenues totaled $412.8 million in fiscal 2026 and represented 29% of total sales, up from 27% in fiscal 2025. Management expects Medical to account for more than one-third of revenues in fiscal 2027.The recently completed acquisition of Helvoet Polymer Technologies should accelerate this shift. Helvoet expands Kimball’s capabilities in precision molding and manufacturing for applications such as diagnostics, microfluidics and drug delivery. The business is expected to contribute approximately $60 million in fiscal 2027 revenues and be accretive to adjusted earnings. The acquisition also broadens Kimball’s medical manufacturing footprint across Europe and India while creating potential cross-selling opportunities with existing customers.At the same time, the company continues to invest in its new medical manufacturing facility in Indianapolis. Initial production is expected toward the end of calendar 2026. These should strengthen Kimball’s positioning in the high-growth Medical market and reduce its dependence on Automotive over time. Management’s fiscal 2027 guidance provides another reason for optimism. Kimball expects revenues between $1.535 billion and $1.56 billion, implying growth of 7-9% from fiscal 2026. Organic revenues are projected to increase 3-5%.Medical organic sales are expected to grow at a high-single-digit to low-double-digit rate, while Industrial revenues should increase roughly in line with overall organic growth. Automotive revenues, however, are expected to remain almost flat.Nevertheless, the overall outlook indicates that Kimball could return to sustainable top-line growth after a difficult fiscal 2026. Kimball’s improving financial position strengthens the bullish argument. Cash generated from operations totaled $42.4 million in the fiscal fourth quarter, marking the company’s 10th consecutive quarter of positive operating cash flow. Cash conversion days improved to 82, the best level in 17 quarters.Kimball ended June with $88.9 million in cash, while debt declined to $116.6 million, its lowest level in more than four years. The Helvoet acquisition will increase leverage somewhat, but the significant balance sheet improvement in fiscal 2026 gave management more flexibility to fund strategic growth investments. Kimball entered fiscal 2027 with considerable momentum. Strong medical market revenue provides a secular growth avenue, while inorganic growth is likely to gain steam.The upbeat fiscal outlook adds further visibility to the growth story. Investors seeking exposure to the rapidly expanding electronics ecosystem may consider betting on KE for long-term upside. KE currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kimball Electronics, Inc. (KE) : Free Stock Analysis Report Garmin Ltd. (GRMN) : Free Stock Analysis Report KLA Corporation (KLAC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

It has been about a month since the last earnings report for Garmin (GRMN). Shares have lost about 2.6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Garmin due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for Garmin Ltd. before we dive into how investors and analysts have reacted as of late. Garmin reported second-quarter 2026 pro forma earnings of $2.81 per share, beating the Zacks Consensus Estimate by 23.79%. The bottom line increased 29% year over year. Net sales rose 11% to $2.02 billion and surpassed the consensus estimate by 4.73%. Strong demand for advanced wearables led the growth. Fitness revenues increased 25% year over year to $756.8 million, accounting for 37.4% of total sales. Growth was recorded across all product categories, led by continued strength in advanced wearables. The segment generated operating income of $277 million, up 40% from the prior-year quarter. Operating margin reached 37%, while gross margin was 64%. Garmin launched the Forerunner 70 and Forerunner 170 running smartwatches during the quarter and recently announced the CIRQA Smart Band, its first screenless smart band. Outdoor revenues fell 2% to $482.7 million, primarily due to weakness in consumer auto products and adventure watches. However, favorable product mix and disciplined execution supported improved profitability. Operating income rose 4% to $163.6 million, while operating margin reached 34%. Garmin expects stronger Outdoor revenue performance in the second half of 2026, aided by the timing of product launches. The company also expanded its golf portfolio with the Approach Z10 laser rangefinder. Aviation revenues advanced 8% to $268.7 million, driven by growth in both original equipment manufacturer and aftermarket categories. Operating income increased 14% to $72.2 million, with an operating margin of 27%.Marine revenues climbed 14% to $341.4 million, reflecting growth across multiple product categories. Operating income surged 59% to $99.8 million, and operating margin was 29%. Results benefited from a tariff refund, though management noted that product margins improved even without the benefit. Auto OEM revenues increased 1% to $172.4 million, mainly driven by domain controllers. The segment posted operating income of $2.9 million compared to a loss of $9.5 million a year earlier, supported by improved gross profit and lower research and development expenses. Management expects revenues to decline and the segment to return to an operating loss in the second half before the planned launch of a major Mercedes-Benz program in early 2027. Gross profit increased 18% to $1.26 billion, while gross margin expanded 360 basis points to 62.4%. Consolidated operating income climbed 30% to $615.5 million, while operating margin rose 440 basis points to 30.4%. The margin improvement primarily reflected favorable product mix and approximately $21 million in refunds of previously paid tariffs. Management said newer products carrying higher margins represented a greater portion of sales, while vertical integration and scale also supported product cost improvements. Operating expenses increased 9% to $646.5 million. Research and development expenses rose 10% to $303.9 million, while selling, general and administrative expenses jumped 8% to $342.6 million, mainly due to personnel-related costs. Garmin generated $404 million in operating cash flow and $276 million in free cash flow during the second quarter. In the first half of 2026, it generated operating and free cash flows of $940 million and $745 million, respectively. The company ended the period with approximately $4.4 billion in cash and marketable securities. It paid $202 million in dividends and repurchased $43 million of shares during the second quarter. In the first half of 2026, it repurchased shares worth $82 million and paid $376 million in dividends. About $448 million remained under its repurchase authorization through December 2028. Inventory reached approximately $2 billion as Garmin maintained strategic memory holdings. Management expects higher memory costs to affect second-half results, though the impact is incorporated into its updated outlook. Garmin now expects 2026 revenues of approximately $8.05 billion, up from its prior projection of $7.9 billion. Pro forma earnings are forecast at $10 per share compared with the previous outlook of $9.35. The company raised its gross margin forecast to 59.7% from 58.5% and its operating margin estimate to 27% from 25.5%. The projected pro forma tax rate increased to 16.5% from 16%. The revised gross margin outlook includes the tariff refund already recorded but assumes no additional tariff-related benefits. It turns out, estimates revision have trended downward during the past month. Currently, Garmin has a nice Growth Score of B, though it is lagging a bit on the Momentum Score front with a C. Charting a somewhat similar path, the stock has a score of D on the value side, putting it in the bottom 40% for value investors. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Garmin has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months. Garmin is part of the Zacks Electronics - Miscellaneous Products industry. Over the past month, KLA (KLAC), a stock from the same industry, has gained 1.9%. The company reported its results for the quarter ended June 2026 more than a month ago. KLA reported revenues of $3.66 billion in the last reported quarter, representing a year-over-year change of +15.2%. EPS of $1.05 for the same period compares with $0.94 a year ago. KLA is expected to post earnings of $1.17 per share for the current quarter, representing a year-over-year change of +33%. Over the last 30 days, the Zacks Consensus Estimate has changed +2.6%. KLA has a Zacks Rank #2 (Buy) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of F. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Garmin Ltd. (GRMN) : Free Stock Analysis Report KLA Corporation (KLAC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

GRMN makes and sells GPS equipment and wearable technology, including for use with automotive, aviation, marine, outdoors, and fitness applications. Its second-quarter fiscal 2026 earnings report showed revenue of $2.02 billion (up 11% year-over-year) powered by advanced wearables sales, $616 million in operating income (up 30%), and pro forma annual per-share earnings of $2.81 (up 29%). The company also raised revenue and EPS guidance to $8.05 billion and $10, respectively. No wonder GRMN shares are up 52% so far this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock. Institutional volumes reveal plenty. In the last year, GRMN has enjoyed strong investor demand, which we believe to be institutional support. Each green bar signals unusually large volumes in GRMN shares. They reflect our proprietary inflow signal, pushing the stock higher: Plenty of technology names are under accumulation right now. But there’s a powerful fundamental story happening with Garmin. Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, GRMN has had strong sales and earnings growth: 3-year sales growth rate (+14.4%) 3-year EPS growth rate (+20%) Source: FactSet Also, EPS is estimated to ramp higher this year by +10%. Now it makes sense why the stock has been generating Big Money interest. GRMN has a track record of strong financial performance. Marrying great fundamentals with MoneyFlows software has found some big winning stocks over the long term. Garmin has been a top-rated stock at MoneyFlows for years. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis. It’s up 5,212% since its first appearance on the rare Outlier 20 report in December 2002. The blue bars below show when GRMN was a top pick in the last decade…it’s an institutional favorite: Tracking unusual volumes reveals the power of money flows. This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward. The GRMN action isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio. Disclosure: the author owns GRMN in personal and managed accounts at the time of publication. If you are a Registered Investment Advisor (RIA) or a serious investor, learn how institutional trading flows can take your investing to the next level. This article was originally posted on FX Empire Pump.Fun Price Prediction: PUMP Reverses Downtrend After 200-Day EMA Breakout EUR/USD, USD/CHF, and GBP/USD Short-Term Forecast for 05/08/2026 Bitcoin Flashes ‘Death Cross’ That Preceded 30% Price Decline AMD, NVDA, and INTC Forecasts – AI Profitability Worries Pull Tech Lower Raised Guidance Lifts Corcept to 52-Week High USD/JPY, USD/CAD, and USD/CHF Forecasts – Carry Trade Interest Drives Dollar Rally

Garmin Ltd. GRMN reported second-quarter 2026 pro forma earnings of $2.81 per share, beating the Zacks Consensus Estimate by 23.79%. The bottom line increased 29% year over year. Net sales rose 11% to $2.02 billion and surpassed the consensus estimate by 4.73%. Strong demand for advanced wearables led the growth. Fitness revenues increased 25% year over year to $756.8 million, accounting for 37.4% of total sales. Growth was recorded across all product categories, led by continued strength in advanced wearables. The segment generated operating income of $277 million, up 40% from the prior-year quarter. Operating margin reached 37%, while gross margin was 64%. Garmin launched the Forerunner 70 and Forerunner 170 running smartwatches during the quarter and recently announced the CIRQA Smart Band, its first screenless smart band. Garmin Ltd. price-consensus-eps-surprise-chart | Garmin Ltd. Quote Outdoor revenues fell 2% to $482.7 million, primarily due to weakness in consumer auto products and adventure watches. However, favorable product mix and disciplined execution supported improved profitability. Operating income rose 4% to $163.6 million, while operating margin reached 34%. Garmin expects stronger Outdoor revenue performance in the second half of 2026, aided by the timing of product launches. The company also expanded its golf portfolio with the Approach Z10 laser rangefinder. Aviation revenues advanced 8% to $268.7 million, driven by growth in both original equipment manufacturer and aftermarket categories. Operating income increased 14% to $72.2 million, with an operating margin of 27%. Marine revenues climbed 14% to $341.4 million, reflecting growth across multiple product categories. Operating income surged 59% to $99.8 million, and operating margin was 29%. Results benefited from a tariff refund, though management noted that product margins improved even without the benefit. Auto OEM revenues increased 1% to $172.4 million, mainly driven by domain controllers. The segment posted operating income of $2.9 million compared to a loss of $9.5 million a year earlier, supported by improved gross profit and lower research and development expenses. Management expects revenues to decline and the segment to return to an operating loss in the second half before the planned launch of a major Mercedes-Benz program in early 2027. Gross profit increased 18% to $1.26 billion, while gross margin expanded 360 basis points to 62.4%. Consolidated operating income climbed 30% to $615.5 million, while operating margin rose 440 basis points to 30.4%. The margin improvement primarily reflected favorable product mix and approximately $21 million in refunds of previously paid tariffs. Management said newer products carrying higher margins represented a greater portion of sales, while vertical integration and scale also supported product cost improvements. Operating expenses increased 9% to $646.5 million. Research and development expenses rose 10% to $303.9 million, while selling, general and administrative expenses jumped 8% to $342.6 million, mainly due to personnel-related costs. Garmin generated $404 million in operating cash flow and $276 million in free cash flow during the second quarter. In the first half of 2026, it generated operating and free cash flows of $940 million and $745 million, respectively. The company ended the period with approximately $4.4 billion in cash and marketable securities. It paid $202 million in dividends and repurchased $43 million of shares during the second quarter. In the first half of 2026, it repurchased shares worth $82 million and paid $376 million in dividends. About $448 million remained under its repurchase authorization through December 2028. Inventory reached approximately $2 billion as Garmin maintained strategic memory holdings. Management expects higher memory costs to affect second-half results, though the impact is incorporated into its updated outlook. Garmin now expects 2026 revenues of approximately $8.05 billion, up from its prior projection of $7.9 billion. Pro forma earnings are forecast at $10 per share compared with the previous outlook of $9.35. The company raised its gross margin forecast to 59.7% from 58.5% and its operating margin estimate to 27% from 25.5%. The projected pro forma tax rate increased to 16.5% from 16%. The revised gross margin outlook includes the tariff refund already recorded but assumes no additional tariff-related benefits. Garmin currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Zacks Computer and Technology sector are Analog Devices ADI, Applied Materials AMAT and Cisco Systems CSCO, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Shares of Analog Devices have rallied 30.3% year to date. The Zacks Consensus Estimate for Analog Devices’ fiscal 2026 earnings is pegged at $12.42 per share, up by 10 cents over the past 30 days, indicating a 59.4% year-over-year increase. Shares of Applied Materials have skyrocketed 69.8% year to date. The Zacks Consensus Estimate for Applied Materials’ fiscal 2026 earnings is pegged at $12.14 per share, up by 3 cents over the past 30 days, calling for a rise of 28.9% year over year. Cisco Systems shares have rallied 46% year to date. The Zacks Consensus Estimate for CSCO’s fiscal 2026 earnings is pegged at $4.28 per share, unchanged over the past 30 days, implying an increase of 12.3% year over year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Garmin Ltd. (GRMN) : Free Stock Analysis Report Analog Devices, Inc. (ADI) : Free Stock Analysis Report Cisco Systems, Inc. (CSCO) : Free Stock Analysis Report Applied Materials, Inc. (AMAT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in Garmin Ltd.? Here are five stocks we like better. Garmin reported record Q2 2026 results, with revenue up 11% to $2.02 billion, operating income up 30% to $616 million, and pro forma EPS up 29% to $2.81. Strong product mix and demand for advanced wearables helped lift margins. The company raised its full-year outlook to approximately $8.05 billion in revenue and $10 in pro forma EPS, while also increasing its gross- and operating-margin forecasts. Garmin expects higher memory costs to pressure results in the second half. Fitness led segment growth with revenue up 25%, while Marine and Aviation also advanced; Outdoor declined modestly and Auto OEM faces a near-term program gap before a major Mercedes-Benz launch in 2027. A New Focus for GoPro: Is a Takeover in the Frame? Garmin (NYSE:GRMN) reported record second-quarter results for 2026, with revenue rising 11% year over year to $2.02 billion and operating income increasing 30% to $616 million. The company raised its full-year outlook following stronger-than-expected first-half performance, citing demand for advanced wearables and growth in its marine and aviation businesses. Pro forma earnings per share increased 29% to $2.81, while GAAP EPS was $2.80. Gross margin expanded 360 basis points from the prior-year period to 62.4%, and operating margin rose 440 basis points to 30.4%. → Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There? Garmin Jumps on Guidance, Then Doubles Down on Buybacks and a Bigger Dividend President and CEO Clifton Pemble said favorable product mix was the principal driver of margin gains, while results also benefited from a $21 million tariff refund recognized during the quarter. He said margin performance remained strong even without the refund. Garmin increased its 2026 revenue forecast to approximately $8.05 billion from its previous estimate of $7.9 billion. The company now expects pro forma EPS of approximately $10, up from its prior forecast of $9.35. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now HSAs for Gym Memberships? These 3 Fitness Stocks Could Soar The company raised its full-year gross-margin outlook to approximately 59.7%, 120 basis points above prior guidance and 100 basis points above its full-year 2025 gross margin. Garmin expects operating margin of approximately 27%, up 150 basis points from its earlier forecast. Chief Financial Officer and Treasurer Doug Boessen said the company’s year-to-date results had not been significantly affected by higher memory costs, but those costs are expected to affect the second half and have been included in full-year guidance. The revised gross-margin outlook does not assume further tariff-refund benefits beyond the amount recognized in the second quarter. → Oil Prices Are Surging and These 4 Stocks Are Cashing In Pemble said Garmin had benefited from strategic inventory of memory components earlier in the year. He added that the company is seeing pressure across component categories amid demand related to artificial intelligence, but intends to manage those costs using the same approach it used in addressing tariffs. Fitness revenue rose 25% to a second-quarter record of $757 million, driven by growth across product categories and continued demand for advanced wearables. The segment’s gross margin reached 64% and operating margin was 37%, generating $277 million in operating income. During the quarter, Garmin introduced the Forerunner 70 and Forerunner 170 running watches. It also recently announced the CIRQA Smart Band, a screen-less wearable that provides wellness and fitness insights without requiring a subscription. Pemble said CIRQA includes the features customers expect from Garmin wearables through Garmin Connect, while users can add Garmin Connect+ features such as artificial intelligence tools and nutrition tracking. He said the product’s initial demand exceeded the company’s expectations, with Garmin expecting to work through back orders for some time. Garmin also announced the acquisition of TrainingPeaks and TrainHeroic, endurance and strength-training platforms that connect coaches and athletes. Pemble said the acquisition is intended to create a more complete training experience by connecting data collected through Garmin devices with coaching recommendations and user behavior. Outdoor revenue declined 2% to $483 million, primarily due to the consumer auto and adventure watch categories. Still, the segment improved profitability through product mix and execution, with gross margin of 69%, operating margin of 34%, and operating income of $164 million. Garmin expects stronger Outdoor revenue performance in the second half because of the timing of product launches, which it expects will improve full-year growth compared with 2025. New products included the Approach Z10 laser rangefinder for golf. Marine revenue climbed 14% to $341 million, with growth across multiple product categories. Gross margin expanded to 61%, operating margin reached 29%, and operating income totaled $100 million. The company introduced its Garmin Signal VHF Marine Radio and the LiveScope 2 sonar system, which received a Best Electronics award at the ICAST trade show. Aviation revenue increased 8% to $269 million, with growth in both OEM and aftermarket categories. The segment posted gross margin of 75%, operating margin of 27%, and operating income of $72 million. Garmin launched the D2 Mach 2 Pro aviator smartwatch and announced AXIS, an integrated cockpit-display platform for certified and experimental aircraft. Pemble said business aviation demand remains strong, with OEMs working through substantial backlogs. He also described the aftermarket as resilient, saying owners continue to invest in equipment for quality used aircraft. Auto OEM revenue increased 1% to $172 million, primarily due to domain-controller growth. The segment reported gross margin of 22% and operating margin of 2%, with GAAP operating income of $3 million. Gross-margin expansion was driven mainly by year-to-date cost recoveries recognized as revenue during the quarter. However, Garmin expects Auto OEM revenue to decline and the business to return to an operating loss during the second half as it moves beyond peak BMW volumes. The company is preparing to begin a major Mercedes-Benz program in early 2027 and expects the segment to return to growth in 2027. Garmin ended the quarter with approximately $4.4 billion in cash and marketable securities. It generated $276 million in free cash flow during the quarter and expects about $1.4 billion for the full year, alongside capital expenditures of approximately $550 million. The company paid approximately $202 million in dividends and repurchased $43 million of stock during the quarter. Garmin said its Thailand manufacturing facility remains on schedule for completion near the end of 2026, with utilization expected to begin in early 2027. The initial phase will encompass about 400,000 square feet, and Pemble said the site could potentially double Garmin’s overall capacity over time. Garmin Ltd. is a technology company best known for designing and manufacturing navigation, communication and information devices that leverage global positioning system (GPS) technology. The company serves a diverse set of markets including consumer fitness and wearables, automotive navigation, aviation avionics, marine electronics and outdoor handheld devices. Garmin's products combine hardware, mapping and software services to deliver location-aware solutions for personal, recreational and professional uses. Garmin's product lineup includes wearable fitness and multisport watches (Forerunner, Fenix, Venu), cycling computers and accessories (Edge, Varia), handheld and handheld-mounted GPS devices for outdoor activities, automotive and portable navigation units, marine chartplotters and fishfinders, and certified avionics for fixed- and rotary-wing aircraft. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Garmin Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. US stock futures are pointing slightly higher this morning, with E-mini S&P 500 contracts up about 0.3%, as investors weigh interest rate risks against mixed economic signals. The 10 year US Treasury yield is holding near 4.62%, and markets see roughly a 1 in 3 chance of a rate hike at the upcoming Federal Reserve meeting, with odds for September even higher. That keeps borrowing costs and the value of future profits in sharp focus. At the same time, housing data show prices rising only modestly once inflation is taken out. The big question now is how long higher rates stick around and what that means for rate sensitive sectors like real estate and banks, as well as growth heavy areas such as technology and smaller companies. If higher rates have you rethinking risk, focus on sturdier balance sheets using our solid balance sheet and fundamentals stocks screener (48 results). Garmin (GRMN) jumped 16.23% after Q2 results and higher full year 2026 revenue guidance. GE HealthCare Technologies (GEHC) gained 12.15% following Q2 earnings and a price target increase from BTIG. Cognizant Technology Solutions (CTSH) rose 11.25% after reporting Q2 results, updating guidance, and affirming its dividend. Is Cognizant Technology Solutions still a smart investment or just hype? Read our most popular narrative and get all the answers you need. Vertiv Holdings Co (VRT) fell 17.26% after a mixed Q2, revenue short of guidance midpoint and a target cut. Nebius Group (NBIS) declined 12.65%. Cerebras Systems (CBRS) dropped 12.11% despite a long term data center colocation agreement announcement. Look past the noise - uncover the top narrative that explains what truly matters for Vertiv Holdings Co's long-term success. Earnings will dominate the next few sessions, with mega cap tech and healthcare reports set to shape sector tone. Big Tech Focus: Apple (AAPL) reports Q3 results on Thursday. Watch revenue mix commentary and the update on services. Ecommerce and Cloud: Amazon.com (AMZN) posts Q2 results on Thursday. Look closely at commerce trends and profit margins. Payments and Spending: Mastercard (MA) releases Q2 earnings on Thursday. Card volume data inform views on consumer and travel spending. Healthcare and Biotech: AbbVie (ABBV) and Moderna (MRNA) report on Friday. Guidance will frame sentiment across large cap drug makers. Energy Earnings: ExxonMobil (XOM) and Chevron (CVX) issue Q2 results on Friday. Production trends and capital plans remain central for oil investors. Use our Portfolio or Watchlist features to track market-moving events like these and get alerts for the companies you own, free! Serious investors are already looking past today’s headlines and focusing on companies that can stay resilient if rates remain higher for longer. Do not wait to check the 85 resilient stocks with low risk scores. Ready to take control of your own research? Our stock screener helps you run custom searches that fit your style and set timely alerts so you never miss new opportunities. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Garmin (GRMN) reported $2.02 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 11.4%. EPS of $2.81 for the same period compares to $2.17 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.93 billion, representing a surprise of +4.73%. The company delivered an EPS surprise of +23.79%, with the consensus EPS estimate being $2.27. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Garmin performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Marine: $341.37 million versus $316.17 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +14.1% change. Net Sales- Aviation: $268.75 million versus the three-analyst average estimate of $271.51 million. The reported number represents a year-over-year change of +7.8%. Net Sales- Fitness: $756.82 million versus $687.09 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +25% change. Net Sales- Outdoor: $482.74 million versus the three-analyst average estimate of $492.9 million. The reported number represents a year-over-year change of -1.6%. Net Sales- Auto OEM: $172.41 million versus $163.16 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +1.3% change. Operating income (loss)- Outdoor: $163.58 million versus the three-analyst average estimate of $154.91 million. Operating income (loss)- Fitness: $277.04 million versus $204.38 million estimated by three analysts on average. Operating income (loss)- Marine: $99.85 million versus the three-analyst average estimate of $64.74 million. Operating income (loss)- Auto OEM: $2.87 million versus $-4.94 million estimated by three analysts on average. Gross profit- Fitness: $480.72 million versus $412.33 million estimated by three analysts on average. Gross profit- Marine: $208.96 million versus $182.52 million estimated by three analysts on average. Gross profit- Aviation: $201.97 million compared to the $190.76 million average estimate based on three analysts. View all Key Company Metrics for Garmin here>>> Shares of Garmin have returned +6.8% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Garmin Ltd. (GRMN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Garmin (GRMN) came out with quarterly earnings of $2.81 per share, beating the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $2.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +23.79%. A quarter ago, it was expected that this maker of personal navigation devices would post earnings of $1.84 per share when it actually produced earnings of $2.08, delivering a surprise of +13.04%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Garmin, which belongs to the Zacks Electronics - Miscellaneous Products industry, posted revenues of $2.02 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.73%. This compares to year-ago revenues of $1.81 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Garmin shares have added about 25% since the beginning of the year versus the S&P 500's gain of 8.5%. While Garmin has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Garmin was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.39 on $1.97 billion in revenues for the coming quarter and $9.53 on $7.98 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Electronics - Miscellaneous Products is currently in the top 23% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. ESS Tech, Inc. (GWH), another stock in the same industry, has yet to report results for the quarter ended June 2026. This company is expected to post quarterly loss of $0.44 per share in its upcoming report, which represents a year-over-year change of +51.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. ESS Tech, Inc.'s revenues are expected to be $0.1 million, down 95.8% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Garmin Ltd. (GRMN) : Free Stock Analysis Report ESS Tech, Inc. (GWH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Analysts on Wall Street project that Garmin (GRMN) will announce quarterly earnings of $2.27 per share in its forthcoming report, representing an increase of 4.6% year over year. Revenues are projected to reach $1.93 billion, increasing 6.4% from the same quarter last year. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock. While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding. Bearing this in mind, let's now explore the average estimates of specific Garmin metrics that are commonly monitored and projected by Wall Street analysts. Analysts forecast 'Net Sales- Marine' to reach $316.17 million. The estimate indicates a change of +5.7% from the prior-year quarter. The combined assessment of analysts suggests that 'Net Sales- Aviation' will likely reach $271.51 million. The estimate points to a change of +8.9% from the year-ago quarter. Analysts' assessment points toward 'Net Sales- Fitness' reaching $687.09 million. The estimate points to a change of +13.5% from the year-ago quarter. According to the collective judgment of analysts, 'Net Sales- Outdoor' should come in at $492.90 million. The estimate suggests a change of +0.5% year over year. Analysts predict that the 'Net Sales- Auto OEM' will reach $163.16 million. The estimate points to a change of -4.1% from the year-ago quarter. Based on the collective assessment of analysts, 'Operating income (loss)- Outdoor' should arrive at $154.91 million. Compared to the current estimate, the company reported $157.88 million in the same quarter of the previous year. The collective assessment of analysts points to an estimated 'Operating income (loss)- Fitness' of $204.38 million. The estimate is in contrast to the year-ago figure of $197.63 million. The average prediction of analysts places 'Operating income (loss)- Marine' at $64.74 million. The estimate is in contrast to the year-ago figure of $62.92 million. The consensus among analysts is that 'Gross profit- Fitness' will reach $412.33 million. The estimate compares to the year-ago value of $364.67 million. The consensus estimate for 'Gross profit- Marine' stands at $182.52 million. Compared to the present estimate, the company reported $164.34 million in the same quarter last year. Analysts expect 'Gross profit- Aviation' to come in at $190.76 million. Compared to the current estimate, the company reported $185.47 million in the same quarter of the previous year. It is projected by analysts that the 'Gross profit- Outdoor' will reach $321.08 million. The estimate compares to the year-ago value of $324.43 million. View all Key Company Metrics for Garmin here>>> Shares of Garmin have demonstrated returns of +3.7% over the past month compared to the Zacks S&P 500 composite's +1.7% change. With a Zacks Rank #3 (Hold), GRMN is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Garmin Ltd. (GRMN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research