Trimble Reports Fourth Quarter and Full Year 2015 Results

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Wedbush Reiterates Outperform as Trimble's (TRMB) 4Q Results Show Confidence in Growth Trajectory

February 10, 2016 9:36 AM EST

Wedbush reiterated an Outperform rating and $28.00 price target on Trimble Navigation (NASDAQ: TRMB) following the company's 4Q earnings report. The company reported revenues of $559.7 million and adjusted EPS of $0.27. This compares to consensus revenue and EPS estimates of $544.4 million and $0.24, respectively. Given the better-than-expected... More

Needham & Company Upgrades Trimble Navigation (TRMB) to Buy

February 10, 2016 7:35 AM EST

Needham & Company upgraded Trimble Navigation (NASDAQ: TRMB) from Hold to Buy with a price target of $24.00, saying a return to growth is likely this year.

Analyst Richard Valera commented, "For the second quarter in a row TRMB solidly exceeded its guidance, we think... More

Trimble (TRMB) Tops Q4 EPS by 3c, Offers Q1 Guidance

February 9, 2016 4:13 PM EST

Trimble (NASDAQ: TRMB) reported Q4 EPS of $0.27, $0.03 better than the analyst estimate of $0.24. Revenue for the quarter came in at $559.7 million versus the consensus estimate of $544.36 million.

GUIDANCE:

Trimble sees Q1 2016 EPS of $0.25-$0.30, versus the consensus of $0.29. Trimble sees Q1... More