Trimble (TRMB) Divests Majority of Mining Information Systems to Herga Group
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Trimble (TRMB) Tops Q4 EPS by 6c, Revenues Beat; Offers Q1 EPS Guidance Below Consensus, Q1 Revenue Mid-Point Guidance Below Consensus
February 12, 2020 4:08 PM ESTTrimble (NASDAQ: TRMB) reported Q4 EPS of $0.53, $0.06 better than the analyst estimate of $0.47. Revenue for the quarter came in at $826.7 million versus the consensus estimate of $784.61 million.
Fourth quarter 2019 GAAP revenue of $824.0 million was up 5 percent as compared to the fourth quarter of 2018. Fourth quarter 2019 non-GAAP revenue of $826.7 million was up 4 percent as compared to the fourth quarter of 2018. Fourth quarter 2019 was a 14-week quarter and fourth quarter 2018 was a 13-week quarter.Buildings and Infrastructure revenue was $313.8 million, up 9 percent. Geospatial revenue was $168.7 million, down 6 percent. Resources and Utilities revenue was $138.1 million, up 6... More