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Trimble Navigation Ltd (TRMB) Tops Q3 EPS by 2c; Announces $100M Buyback; Guides Q4

November 1, 2011 4:26 PM
Trimble Navigation Ltd (NASDAQ: TRMB) reported Q3 EPS of $0.52, $0.02 better than the analyst estimate of $0.50. Revenue for the quarter came in at $417.4 million versus the consensus estimate of $409.35 million.

Also authorized a $100 million buyback program.

Trimble Navigation Ltd sees Q4 2011 EPS of $0.47-$0.49, versus the consensus of $0.48. Trimble Navigation Ltd sees Q4 2011 revenue of $415-$420 million, versus the consensus of $405.95 million.

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Earnings Guidance Stock Buybacks