Trimble's (TRMB) second-quarter 2024 results benefit from solid subscription and services revenues.
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.
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.
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This tech company is expected to increase margins and cash flow significantly in the upcoming years. Underlying growth is excellent, and the stock's valuation is compelling.