Trimble Q4 2023 Adj EPS $0.63 Beats $0.59 Estimate, Sales $932.40M Beat $909.53M Estimate
Portfolio Pulse from Benzinga Newsdesk
Trimble (NASDAQ:TRMB) reported Q4 2023 adjusted EPS of $0.63, surpassing the $0.59 estimate, with sales of $932.40M exceeding the $909.53M forecast. This represents an 8.86% increase in sales compared to the same period last year.
February 12, 2024 | 12:59 pm
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Trimble reported a Q4 2023 adjusted EPS of $0.63, beating estimates, and sales of $932.40M, also above expectations. Year-over-year sales increased by 8.86%.
Trimble's Q4 2023 earnings and sales beat not only demonstrates the company's ability to exceed analyst expectations but also indicates a strong year-over-year growth in sales. This positive performance, especially in surpassing both EPS and sales estimates, is likely to instill investor confidence and could lead to a short-term positive impact on TRMB's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100