Trimble Q1 2024 Adj EPS $0.64 Beats $0.62 Estimate, Sales $953.300M Beat $912.530M Estimate
Portfolio Pulse from Benzinga Newsdesk
Trimble (NASDAQ:TRMB) reported Q1 2024 adjusted EPS of $0.64, surpassing the $0.62 estimate, with sales of $953.3M exceeding the $912.53M forecast. This represents a 4.14% increase in sales compared to the same period last year.
May 03, 2024 | 10:56 am
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Trimble reported a Q1 2024 adjusted EPS of $0.64, beating estimates, and sales of $953.3M, also above expectations. Year-over-year sales increased by 4.14%.
Trimble's earnings and sales beat not only demonstrates the company's ability to exceed analyst expectations but also indicates a positive growth trajectory compared to the same period last year. This performance 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