TRMB Stock Recent News

Dublin, Aug. 13, 2024 (GLOBE NEWSWIRE) -- The "Measuring Robots - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Measuring Robots was valued at an estimated US$1.3 Billion in 2023 and is projected to reach US$4 Billion by 2030, growing at a CAGR of 17.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the measuring robot market is driven by several factors. One of the primary drivers is the increasing demand for automation in manufacturing and quality control processes, spurred by the need to enhance precision and reduce operational costs. The growing complexity of modern products, particularly in the aerospace and automotive industries, necessitates the use of advanced metrology solutions, thereby driving the adoption of measuring robots. Additionally, the rise in Industry 4.0 and smart manufactur

TRMB is undervalued due to multiple contractions; expected revenue and EPS growth in FY 2025 support a $68 12-month price target, implying a ~30% price growth. Trimble excels in technological innovation through AI and strategic acquisitions but faces competition from players like Tesla's Optimus in automation. Despite a 12% YoY revenue decline in Q2, TRMB's ARR rose by 12% YoY, indicating resilience and growth in recurring software services.

Trimble's (TRMB) second-quarter 2024 results benefit from solid subscription and services revenues.

Nearshoring, electrification and freight fraud among the current trends and challenges facing North American truckload transportation WESTMINSTER, Colo. , Aug. 7, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) has released "The Road Ahead: Key Trends and Capabilities Shaping the North American Freight Transportation Market," a Transporeon report identifying key developments impacting the future of the truckload transportation sector in North America.

Trimble Inc. (NASDAQ:TRMB ) Q2 2024 Earnings Conference Call August 6, 2024 8:00 AM ET Company Participants Rob Painter - President & CEO Phil Sawarynski - CFO Conference Call Participants Kristen Owen - Oppenheimer Zane Meehan - KeyBanc Capital Markets Jerry Revich - Goldman Sachs Jonathan Hull - William Blair Rob Mason - Robert W. Baird Tami Zakaria - J.P.

Although the revenue and EPS for Trimble (TRMB) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Trimble Navigation (TRMB) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.64 per share a year ago.

Record annualized recurring revenue, reflecting ongoing execution of the Connect & Scale strategy Record second quarter gross margin, demonstrating continuing business transformation and favorable mix shift Raising full year guidance for revenue and earnings per share WESTMINSTER, Colo. , Aug. 6, 2024 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) today announced financial results for the second quarter of 2024.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Trimble (TRMB), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

WESTMINSTER, Colo. , July 24, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) will hold a conference call on Tuesday, August 6, 2024 at 8 a.m.