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Stock impact report

Why Is Trimble (TRMB) Up 13.3% Since Last Earnings Report? [Yahoo! Finance]

Trimble Inc. (TRMB) 
Last trimble inc. earnings: 2/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.trimble.com
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Trimble due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Trimble Q4 Earnings Beat Estimates, Revenues Up Y/Y Trimble delivered fourth-quarter 2023 non-GAAP earnings of 63 cents per share, which surpassed the Zacks Consensus Estimate by 8.62% and increased 5% on a year-over-year basis. Revenues of $932.4 million beat the Zacks Consensus Estimate by 2.59% and increased 9% year over year. Product revenues (accounted for 43.2% of total revenues) totaled $402.8 million, down 3.1% on a year-over-year basis. Subscription and services revenues (53.6% of total revenues) increased 20.2% year over year to $529.6 million. The top-line growth was driven by solid momentum across the Buildings and Infrastructure, and Transportation segments. Ho Show less Read more
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