Trimble Navigation (TRMB) Anticipated to Beat Earnings Estimates: What to Know Forward of This fall Launch

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Trimble Navigation (TRMB) Anticipated to Beat Earnings Estimates: What to Know Forward of This fall Launch

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Trimble Navigation (TRMB) is anticipated to ship a year-over-year decline in earnings on increased revenues when it stories outcomes for the quarter ended December 2019. This widely-known consensus outlook provides a great sense of the corporate’s earnings image, however how the precise outcomes evaluate to those estimates is a strong issue that would affect its near-term inventory worth.

The inventory would possibly transfer increased if these key numbers high expectations within the upcoming earnings report, which is anticipated to be launched on February 12. Alternatively, in the event that they miss, the inventory could transfer decrease.

Whereas the sustainability of the rapid worth change and future earnings expectations will largely rely upon administration’s dialogue of enterprise situations on the earnings call, it is price handicapping the likelihood of a constructive EPS shock.

Zacks Consensus Estimate

This GPS producer is anticipated to publish quarterly earnings of $0.47 per share in its upcoming report, which represents a year-over-year change of…



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