Trimble tops analysts’ Q3 expectations in revenue, earnings per share

Trimble Inc.’s third-quarter total revenue of more than $901 million and adjusted earnings per share of 66 cents beat analyst expectations.

Wall Street analysts had forecast EPS of 59 cents per share and revenue of $877.5 million for the quarter. During the third quarter of 2020, Trimble reported EPS of 34 cents and $792.8 million in revenue.

CEO Robert Painter said Wednesday during an earnings call that the company is “raising our annual earnings guidance despite a tightening supply chain...

https://www.freightwaves.com/news/trimble-transportation-segment-reports-161m-in-revenue

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