Trimble Announces Fourth Quarter and Full Year 2020 Results
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Trimble Navigation (TRMB) PT Raised to $80 at Raymond James; Buy on Pullback
February 11, 2021 11:49 AM ESTRaymond 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.
... MoreTrimble (TRMB) Tops Q4 EPS by 10c, Revenues Beat
February 10, 2021 4:16 PM ESTTrimble (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