Trimble: Q4 Earnings Snapshot
By AP News
Published - Feb 12, 2024, 07:18 AM ET
Last Updated - Feb 12, 2024, 07:18 AM EST
WESTMINSTER, Colo. (AP) — WESTMINSTER, Colo. (AP) — Trimble Navigation Ltd. (TRMB) on Monday reported fourth-quarter profit of $63 million.
The Westminster, Colorado-based company said it had net income of 25 cents per share. Earnings, adjusted for one-time gains and costs, were 63 cents per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.
The GPS manufacturer posted revenue of $932.4 million in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $908.8 million.
