Trimble (TRMB) delivered fourth-quarter 2023 non-GAAP earnings of 63 cents per share, which surpassed the Zacks Consensus Estimate by 8.62% and increased 5% on a year-over-year basis.Revenues of $932.4 million beat the Zacks Consensus Estimate by 2.59% and increased 9% year over year.Product revenues (accounted for 43.2% of total revenues) totaled $402.8 million, down 3.1% on a year-over-year basis. Subscription and services revenues (53.6% of total revenues) increased 20.2% year over year to $529.6 million ...

Trimble Inc. (NASDAQ:TRMB) Q4 2023 Earnings Conference Call February 12, 2024 8:00 AM ET Company Participants Rob Painter - Chief Executive Officer David Barnes - Chief Financial Officer Conference Call Participants Kristen Owen - Oppenheimer Jerry Revich - Goldman Sachs Jonathan Ho - William Blair Tami Zakaria - JPMorgan Chad Dillard - Bernstein Joshua Tilton - Wolfe Research Rob Wertheimer - Melius Research Operator Good morning, and welcome to the Trimble Fourth Quarter and Full Year 2023 Results Confere ...

Trimble Navigation (TRMB) reported $932.4 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 8.9%. EPS of $0.63 for the same period compares to $0.60 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $908.84 million, representing a surprise of +2.59%. The company delivered an EPS surprise of +8.62%, with the consensus EPS estimate being $0.58.While investors closely watch year-over-year changes in headline numbers -- revenue and earnin ...

Trimble Navigation (TRMB) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.62%. A quarter ago, it was expected that this GPS manufacturer would post earnings of $0.59 per share when it actually produced earnings of $0.68, delivering a surprise of 15.25%.Over the last four quarters, t ...

16 Forward-looking statements 1 © 2023 Trimble, Inc - All Rights Reserved ● Fourth quarter revenue $932M (+3% organic); $1.98B of ARR (+13% organic) ● Free cash flow of $555M up significantly Y:Y | --- | --- | --- | --- | |------------------------------------|-------|-------|----------------------------| | | 2013 | 2018 | 2023 | | Revenue | $2.3B | $3.1B | $3.8B | | ARR $ | $581M | $1.1B | $1.98B | | Recurring revenue % of total | 22% | 31% | 49% | | SW/services/recurring % of revenue | 40% | 52% | 67% | | ...

Wall Street analysts expect Trimble Navigation (TRMB) to post quarterly earnings of $0.58 per share in its upcoming report, which indicates a year-over-year decline of 3.3%. Revenues are expected to be $911.39 million, up 6.4% from the year-ago quarter.The current level reflects a downward revision of 1.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a ...

Trimble Navigation (TRMB) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Fe ...

LivingImages/E+ via Getty Images Trimble (NASDAQ:TRMB) stock appears to have bottomed after a 30-month downtrend that has left it 44% below its peak in September of 2021 (see graphic below). However, the company should continue to benefit from a relatively solid macroeconomic environment. In my opinion, Trimble's Q3 report in November was much better than generally regarded and the drop in the stock price was quickly recovered. Meantime, shares are trading at a TTM P/E=39x and might appear expensive wer ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Trimble Navigation (TRMB) , which belongs to the Zacks Electronics - Miscellaneous Products industry.This GPS manufacturer has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 12.80%.For the most recent quarter, Trimble was expected to post earnings of $0. ...

WESTMINSTER, Colo., Jan. 30, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) will hold a conference call on Monday, February 12, 2024 at 8 a.m. ET to review its fourth quarter and full year 2023 results. The call will be broadcast live on the web at http://investor.trimble.com. Investors without internet access may dial into the call at (888) 660-6347 (U.S.) or (929) 201-6594 (international). The conference ID is 1043223.About TrimbleDedicated to the world's tomorrow, Trimble is a technology company delivering ...