FINWIRES · TerminalLIVE
FINWIRES

Update: Garmin Shares Jump After Q2 Beat, 2026 Guidance Raise

By

(Updates with the company's latest stock move in the headline and in the first paragraph.)

Garmin (GRMN) shares jumped about 19% in Wednesday afternoon trading after the company reported better-than-expected Q2 results and raised its full-year guidance.

The company posted quarterly pro forma net income of $2.81 per diluted share, compared with $2.17 a year earlier.

Analysts surveyed by FactSet expected $2.30.

Net sales for the quarter ended June 27 were $2.02 billion, compared with $1.81 billion a year earlier.

Analysts surveyed by FactSet expected $1.93 billion.

For 2026, the company raised its guidance for pro forma EPS to $10 and net sales to $8.05 billion, from its previous outlook of $9.35 and $7.90 billion, respectively.

Analysts polled by FactSet expect pro forma EPS of $9.67 on revenue of $8.01 billion.

Price: $301.68, Change: $+48.03, Percent Change: +18.94%

Related Articles

Wire

Orion Q2 Adjusted Earnings Fall, Revenue Rises; Cuts 2026 EPS Guidance

Orion Group (ORN) reported Q2 adjusted earnings late Tuesday of $0.02 per share, down from $0.07 a year earlier.Analysts polled by FactSet expected $0.06.Revenue for the quarter ended June 30 rose to $221.9 million from $205.3 million a year earlier.Analysts expected $225.7 million.The company now expects 2026 adjusted EPS of $0.23 to $0.30, compared with $0.36 to $0.42 earlier. The company continues to see full-year revenue of $900 million to $950 million.Analysts expect $0.39 and $938.9 million, respectively.Shares of Orion were down 8% in after-hours activity.

$ORN
Wire

Rogers Q2 Adjusted Earnings, Revenue Rise

Rogers (ROG) reported Q2 adjusted earnings late Tuesday of $0.92 per diluted share, up from $0.34 a year earlier.Three analysts polled by FactSet expected $0.99.Revenue in the three months ended June 30 rose to $216.8 million from $202.8 million a year earlier.Three analysts surveyed by FactSet expected $215 million.The company expects Q3 adjusted EPS of $1.10 to $1.30 on revenue of $233 million to $243 million.Three analysts expect EPS of $1.03 on revenue of $225.5 million.The company's shares fell 2% in after-hours trading.

$ROG
Wire

Extra Space Storage Q2 Core FFO, Revenue Rise

Extra Space Storage (EXR) reported Q2 core funds from operations late Tuesday of $2.15 per diluted share, up from $2.05 a year earlier.Analysts polled by FactSet expected $2.07.Revenue for the three months ended June 30 rose to $874.2 million from $841.6 million a year earlier.Analysts expected $875 million.The company raised full-year core FFO guidance to $8.25 to $8.40 a share from the prior range of $8.05 to 8.35. Analysts expect $8.29.The company's shares fell 1.5% in after-hours trading.

$EXR