Trimble (TRMB) Tops Q4 EPS by 2c, Revenues Miss; Offers Q1 EPS/Revenues Below Consensus

Trimble (NASDAQ: TRMB) reported Q4 EPS of $0.48, $0.02 better than the analyst estimate of $0.46. Revenue for the quarter came in at $792.9 million versus the consensus estimate of $809.82 million.

"Our robust quarterly results closed a record year for Trimble. Revenue growth was aided by the strong performance of recent acquisitions, which are outperforming expectations," said Steven W. Berglund, Trimble's president and chief executive officer. "Operating margins reflected notable expansion, driven by high operating leverage. Despite the potential effects of trade conflicts and some regional concerns, we remain confident about the potential for 2019 and beyond."

GUIDANCE:

Trimble sees Q1 2019 EPS of $0.44-$0.48, versus the consensus of $0.49. Trimble sees Q1 2019 revenue of $795-820 million, versus the consensus of $821.88 million.

For earnings history and earnings-related data on Trimble (TRMB) click here.

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