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Garmin Earnings: What to Watch

TheMotleyFool

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Garmin (NASDAQ: GRMN) stock has tracked right along with the market so far in 2020, first swooning as the S&P 500 dove in late March and then rallying right back to positive territory in early July. Investors appear to believe the GPS device giant's growth will be dependent on the economic health of key markets like the U.S., Europe, and China in the quarters to come.

But Garmin has a chance to set a more positive tone for its sales and earnings outlook when it announces fiscal second-quarter results before the market opens on Wednesday, July 29. Let's look at some key metrics to watch for in that report, including management's updated guidance for the rest of 2020.

Image source: Getty Images.

Source Fool.com

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