trending Market Intelligence /marketintelligence/en/news-insights/trending/mwgxKPSYAaELNnL2DNlLlA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Trimble profit misses consensus by 46.8% in fiscal Q3

Machine Learning and Credit Risk Modelling

5G Survey: Despite COVID-19 delays, operator roadmaps still lead to 5G

OTT Helps To Offset Pay TV Losses for Video Security Vendors

Barclays Research – Now Available In The S&P Global Market Intelligence Aftermarket Research Collection


Trimble profit misses consensus by 46.8% in fiscal Q3

Trimble Inc. said its normalized net income for the fiscal third quarter ended Oct. 2 came to 12 cents per share, compared with the S&P Capital IQ consensus estimate of 22 cents per share.

EPS declined 23.1% year over year from 16 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $30.7 million, a decrease of 25.2% from $41.1 million in the year-earlier period.

The normalized profit margin declined to 5.5% from 7.0% in the year-earlier period.

Total revenue decreased on an annual basis to $562.3 million from $584.8 million, and total operating expenses decreased year over year to $510.6 million from $516.8 million.

Reported net income grew 240.5% on an annual basis to $36.0 million, or 14 cents per share, from $10.6 million, or 4 cents per share.