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Trimble's (TRMB) first-quarter 2024 results benefit from solid subscription and services revenues.
The headline numbers for Trimble (TRMB) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Trimble Navigation (TRMB) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.72 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Trimble (TRMB), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
Trimble's (TRMB) transforms Swedish forestry, with Holmen's adoption of a CONNECTED FOREST suite for seamless digital transformation.
Meta is putting on an AI monetization clinic with no signs of slowing down. UiPath continues to grow annual recurring revenue and doesn't expect it to slowdown anytime soon.
Trimble (TRMB) reported earnings 30 days ago. What's next for the stock?
There's a digital revolution taking place in the industrial sector, and both companies are helping advance it. One company is fully valued now, and its full-year guidance asks much of it in the second half of 2024.
Global positioning satellite-based (GPS) navigation was once only available through stand-alone GPS devices. Many analysts believed the widespread penetration of smartphone-based GPS navigational apps in the computer and technology sector, like Alphabet Inc. NASDAQ: GOOGL owned Google Maps and Waze, Apple Inc. NASDAQ: AAPL owned Apple Maps and MapQuest would have surely been the death of GPS devices.
Investors need to read beyond the headline numbers to see how strong this company's growth is. Its construction industry solutions are gaining traction as customers appreciate they can reduce wastage and ensure timely completion of projects by using it.