Company Performance - Trimble Navigation (TRMB) reported quarterly earnings of $0.89 per share, exceeding the Zacks Consensus Estimate of $0.88 per share, and up from $0.63 per share a year ago, representing an earnings surprise of 1.14% [1] - The company achieved revenues of $983.4 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 4.18% and increasing from $932.4 million year-over-year [2] - Over the last four quarters, Trimble has consistently surpassed consensus EPS and revenue estimates [2] Stock Outlook - Trimble shares have increased approximately 5.1% since the beginning of the year, outperforming the S&P 500's gain of 4% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.62 on revenues of $795.53 million, and for the current fiscal year, it is $2.90 on revenues of $3.41 billion [7] Industry Context - The Manufacturing - General Industrial industry, to which Trimble belongs, is currently ranked in the bottom 44% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Trimble's stock may be influenced by the overall outlook for the industry, as research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]
Trimble Navigation (TRMB) Surpasses Q4 Earnings and Revenue Estimates