- Trimble’s fourth-quarter adjusted earnings per share (EPS) were 89 cents, exceeding both the previous year’s 63 cents and the estimate of 88 cents.
- Total revenue for the fourth quarter reached $983.4 million, marking a 5.5% increase from the prior year and surpassing the expected $944.7 million.
- Revenues by segment were also higher than expected:
- Architecture, Engineering, Construction, and Operations (AECO) revenue was $413.8 million, above the estimated $399.5 million.
- Field Systems revenue hit $362.8 million, exceeding the forecast of $351.2 million.
- Transport and Logistics revenue reached $206.8 million, surpassing the estimate of $194.6 million.
- For the first quarter, Trimble projects adjusted EPS between 55 cents and 61 cents, compared to an estimate of 60 cents.
- The revenue forecast for the first quarter is $794 million to $824 million, against an estimate of $811.6 million.
- Annually, Trimble anticipates EPS ranging from $2.76 to $2.98, with the estimate at $2.89.
- Projected annual revenue is between $3.37 billion and $3.47 billion, matching an estimate of $3.44 billion.
- Market sentiment remains positive with 11 buy ratings, 1 hold, and no sell ratings from analysts.
Trimble Navigation on Smartkarma
Analysts on Smartkarma, like Baptista Research, are providing insight into Trimble Navigation‘s recent performance, particularly focusing on its strategic framework. In a report titled ‘Trimble Inc.: What Is The Expected Impact Of The Transporeon Platform Expansion? – Major Drivers‘, they highlight the company’s third-quarter financial results. The Connect & Scale strategy, which aims to enhance digital connectivity across different industry sectors including engineering, construction, transportation, and logistics, remains a core focus for Trimble. This approach not only seeks to bridge technology gaps between users and data but also aims to streamline operations through shared technology and backend systems.
A look at Trimble Navigation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
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Trimble Navigation Ltd, a prominent player in the field of advanced location-based solutions, appears to have a bright long-term outlook based on the Smartkarma Smart Scores analysis. With an impressive Growth score of 4 and Momentum score of 5, the company is projected to experience strong expansion and market momentum in the future. These factors suggest potential for sustained growth and market performance in the coming years.
While Trimble Navigation scores well on Growth and Momentum, its Value score of 3 and Resilience score of 3 indicate a solid foundation and reasonable valuation within the market. However, the low Dividend score of 1 may deter income-seeking investors. Overall, the company’s strategic positioning, coupled with its innovative solutions, reflects a positive outlook for long-term performance in the industry.
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Summary of the company:
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Trimble Navigation Ltd is a leading provider of advanced location-based solutions that maximize productivity and enhance profitability. The Company integrates its positioning expertise in GPS, laser, optical and inertial technologies with application software, wireless communications, and services to provide complete commercial solutions.
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Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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