Trimble Expects Q3 Revenue Of $840M-$880M Vs $871.14M Est, Adj EPS Of $0.58-$0.64 Vs $0.63 Est
Portfolio Pulse from Benzinga Newsdesk
Trimble has provided its Q3 and full-year 2024 financial guidance. For Q3, the company expects revenue between $840M and $880M, and adjusted EPS between $0.58 and $0.64, compared to analyst estimates of $871.14M and $0.63 respectively. For the full year, Trimble expects revenue between $3,590M and $3,670M, GAAP EPS of $6.41 to $6.54, and non-GAAP EPS of $2.67 to $2.81.
August 06, 2024 | 11:00 am
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Trimble's Q3 revenue guidance of $840M-$880M is slightly below the analyst estimate of $871.14M, and its adjusted EPS guidance of $0.58-$0.64 is in line with the estimate of $0.63. Full-year 2024 guidance shows solid growth expectations.
Trimble's Q3 revenue guidance is slightly below analyst expectations, which could create some short-term uncertainty. However, the adjusted EPS guidance is in line with estimates, and the full-year outlook indicates solid growth, balancing the overall impact.
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