Core Viewpoint - Trimble Navigation (TRMB) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a solid history of exceeding expectations [1]. Company Performance - Trimble has a strong track record of surpassing earnings estimates, with an average surprise of 2.26% over the last two quarters [2]. - In the last reported quarter, Trimble achieved earnings of $0.61 per share, exceeding the Zacks Consensus Estimate of $0.59 per share, resulting in a surprise of 3.39% [3]. - For the previous quarter, the company reported earnings of $0.89 per share against an expected $0.88 per share, delivering a surprise of 1.14% [3]. Earnings Estimates - Earnings estimates for Trimble have been trending upward, influenced by its history of earnings surprises [5]. - The company currently has a positive Earnings ESP of +0.64%, indicating increased analyst optimism regarding its near-term earnings potential [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a strong likelihood of another earnings beat [8]. Predictive Metrics - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7]. Upcoming Events - Trimble's next earnings report is anticipated to be released on August 6, 2025 [8].
Why Trimble (TRMB) is Poised to Beat Earnings Estimates Again