Trimble Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Trimble (NASDAQ:TRMB) Full Year 2024 Results

Key Financial Results

• Revenue: US$3.68b (down 3.0% from FY 2023).
• Net income: US$1.50b (up 383% from FY 2023).
• Profit margin: 41% (up from 8.2% in FY 2023).
• EPS: US$6.13 (up from US$1.26 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Trimble Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 3.0%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 7.3% growth forecast for the Electronic industry in the US.

Performance of the American Electronic industry.

The company's shares are up 3.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Trimble (1 can't be ignored!) that we have uncovered.

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