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Trimble Announces Fourth Quarter and Full Year 2020 Results

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Trimble Navigation (TRMB) PT Raised to $80 at Raymond James; Buy on Pullback

February 11, 2021 11:49 AM EST

Raymond James analyst Brian Gesuale raised the price target on Trimble Navigation (NASDAQ: TRMB) to $80.00 (from $65.00) while maintaining an Outperform rating following results.

The analyst views the pullback as a buying opportunity.

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Trimble (TRMB) Tops Q4 EPS by 10c, Revenues Beat

February 10, 2021 4:16 PM EST

Trimble (NASDAQ: TRMB) reported Q4 EPS of $0.61, $0.10 better than the analyst estimate of $0.51. Revenue for the quarter came in at $829.7 million versus the consensus estimate of $785.69 million.

Fourth Quarter 2020 Financial Highlights

GAAP revenue of $829.7 million, up 1 percent year over year, and non-GAAP revenue... More