Trimble Navigation (TRMB) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Trimble Navigation (TRMB) despite lower revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - Trimble is expected to report quarterly earnings of $0.63 per share, reflecting a year-over-year increase of +1.6%, while revenues are projected to be $836.98 million, down 3.9% from the previous year [3]. - The earnings report is scheduled for release on August 6, and better-than-expected results could lead to a stock price increase, whereas disappointing results may cause a decline [2]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4]. - The Most Accurate Estimate for Trimble is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +0.64%, suggesting a bullish outlook from analysts [12]. Earnings Surprise History - Trimble has a history of beating consensus EPS estimates, having surpassed expectations in the last four quarters, including a +3.39% surprise in the most recent quarter [13][14]. Industry Context - In comparison, Oshkosh (OSK), another player in the manufacturing sector, is expected to report earnings of $2.98 per share, indicating a year-over-year decline of -10.8%, with revenues projected at $2.65 billion, down 7% [18]. - Oshkosh's consensus EPS estimate has been revised 0.3% higher recently, but a lower Most Accurate Estimate results in a negative Earnings ESP of -0.91%, complicating predictions for an earnings beat [19].