Trimble (NASDAQ:TRMB) issued an update on its fourth quarter 2018 earnings guidance on Thursday morning. The company provided EPS guidance of $0.44-0.48 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.46. The company issued revenue guidance of $791-821 million, compared to the consensus revenue estimate of $826.52 million.Trimble also updated its Q4 guidance to $0.44-0.48 EPS.
TRMB traded down $0.98 on Friday, reaching $36.81. The stock had a trading volume of 1,452,678 shares, compared to its average volume of 1,141,494. The stock has a market cap of $9.46 billion, a PE ratio of 28.76, a PEG ratio of 2.21 and a beta of 2.45. The company has a quick ratio of 0.79, a current ratio of 1.08 and a debt-to-equity ratio of 0.67. Trimble has a fifty-two week low of $32.01 and a fifty-two week high of $45.70.
Trimble (NASDAQ:TRMB) last issued its quarterly earnings results on Thursday, November 1st. The scientific and technical instruments company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.03). Trimble had a net margin of 5.32% and a return on equity of 16.21%. The company had revenue of $804.70 million during the quarter, compared to analyst estimates of $806.12 million. During the same period in the previous year, the company posted $0.39 EPS. The company’s quarterly revenue was up 18.9% on a year-over-year basis. On average, equities research analysts expect that Trimble will post 1.65 EPS for the current year.
In related news, SVP Sachin Sankpal sold 3,151 shares of Trimble stock in a transaction on Wednesday, September 12th. The stock was sold at an average price of $43.02, for a total transaction of $135,556.02. Following the completion of the sale, the senior vice president now owns 17,997 shares of the company’s stock, valued at $774,230.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Robert G. Painter sold 750 shares of Trimble stock in a transaction on Tuesday, October 16th. The shares were sold at an average price of $38.87, for a total value of $29,152.50. Following the sale, the chief financial officer now directly owns 10,888 shares of the company’s stock, valued at approximately $423,216.56. The disclosure for this sale can be found here. Insiders sold 72,306 shares of company stock valued at $2,946,255 over the last three months. Company insiders own 1.40% of the company’s stock.
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Trimble Company Profile
Trimble Inc provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company operates in four segments: Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. The Buildings and Infrastructure segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; building information modeling software; integrated site layout and measurement systems; applications for sub-contractors and trades; integrated workplace management services software; capital program and facility management solutions; field based data collection systems; and communication systems and back-office software.
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