Trimble (NASDAQ:TRMB) will issue its quarterly earnings data before the market opens on Thursday, November 1st. Analysts expect the company to announce earnings of $0.40 per share for the quarter.
Trimble (NASDAQ:TRMB) last released its quarterly earnings data on Wednesday, August 1st. The scientific and technical instruments company reported $0.50 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.05. The business had revenue of $785.50 million during the quarter, compared to analyst estimates of $776.31 million. Trimble had a return on equity of 15.46% and a net margin of 4.93%. The company’s revenue was up 19.0% on a year-over-year basis. During the same quarter last year, the business posted $0.38 EPS. On average, analysts expect Trimble to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NASDAQ TRMB opened at $35.87 on Tuesday. The stock has a market cap of $9.29 billion, a price-to-earnings ratio of 28.02, a P/E/G ratio of 2.21 and a beta of 2.42. Trimble has a fifty-two week low of $32.01 and a fifty-two week high of $45.70. The company has a quick ratio of 1.54, a current ratio of 1.93 and a debt-to-equity ratio of 0.51.
TRMB has been the subject of a number of recent research reports. BidaskClub upgraded Trimble from a “sell” rating to a “hold” rating in a research note on Friday, September 14th. ValuEngine upgraded Trimble from a “hold” rating to a “buy” rating in a research note on Wednesday, September 12th. Finally, Zacks Investment Research lowered Trimble from a “buy” rating to a “hold” rating in a research note on Tuesday, August 7th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $42.50.
Trimble Inc provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company operates in four segments: Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. The Buildings and Infrastructure segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; building information modeling software; integrated site layout and measurement systems; applications for sub-contractors and trades; integrated workplace management services software; capital program and facility management solutions; field based data collection systems; and communication systems and back-office software.
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