Trimble Q2 2024 Adj. EPS $0.62 Beats $0.58 Estimate, Sales $870.800M Beat $862.503M Estimate
Portfolio Pulse from Benzinga Newsdesk
Trimble reported its Q2 2024 results, with adjusted EPS of $0.62 beating the estimate of $0.58, and sales of $870.8 million surpassing the expected $862.503 million.
August 06, 2024 | 10:56 am
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POSITIVE IMPACT
Trimble's Q2 2024 adjusted EPS of $0.62 beat the estimate of $0.58, and sales of $870.8 million exceeded the expected $862.503 million. This positive earnings report is likely to boost investor confidence and could lead to a short-term increase in the stock price.
Trimble's better-than-expected earnings and revenue figures indicate strong performance, which is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100