Garmin Blows Away Estimates, And Offers Upbeat Guidance

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Garmin (NASDAQ:GRMN) reported Q4 EPS of $0.96, ex-items, topping estimates of $0.66.Revenues in the quarter came in at $910 million, vs. estimates of $770.1 million.The company sees pro forma 2012 EPS of $2.45 - $2.60, vs. estimates of $2.43.The company sees FY 2012 revenues of $2.7 billion - $2.8 billion, vs. estimates of $2.56 billion.

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