Trimble Q4 Adj EPS $0.63 Beats $0.59 Estimate, Sales $932.40M Beat $909.53M Estimate
Portfolio Pulse from Benzinga Newsdesk
Trimble Inc. reported its Q4 adjusted earnings per share (EPS) at $0.63, surpassing the estimated $0.59. Sales for the quarter were $932.40 million, also beating the forecast of $909.53 million.
February 12, 2024 | 11:57 am
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POSITIVE IMPACT
Trimble Inc. reported higher than expected Q4 earnings and sales, with an adjusted EPS of $0.63 and sales of $932.40M, beating estimates.
The positive earnings and sales beat by Trimble Inc. for Q4 are likely to instill investor confidence and could lead to a short-term uptick in TRMB's stock price. Beating both EPS and sales estimates is a strong indicator of the company's operational efficiency and market demand for its products and services.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100