This stock is falling under the radar of many investors, creating a great buying opportunity for those willing to look into the details. Positioning and workflow technology company Trimble (TRMB 1.68%) has a bright future, but it's not the best-known or appreciated company. There are various reasons for this, but enterprising investors willing to dig deeper into the stock could generate exceptional returns. Here's what you need to know before buying in. Trimble isn't a consumer-facing business You may have ...

Hiroshi Watanabe/DigitalVision via Getty Images This is my first time covering Trimble (NASDAQ:TRMB), which is a technology company that specializes in providing solutions that connect the physical and digital worlds. Its most prominent industry exposures are in agriculture, construction, geospatial, and transportation, where it integrates hardware, software, and services for increased productivity, efficiency, and safety. In my opinion, TRMB stock is currently moderately undervalued, providing alpha potent ...

Trimble (TRMB) delivered non-GAAP earnings of 62 cents per share in second-quarter 2024, surpassing the Zacks Consensus Estimate by 8.77% but declining 3.1% on a year-over-year basis. Revenues of $870.8 million beat the Zacks Consensus Estimate by 1.16% but declined 12.4% year over year (1% up on an organic basis). Product revenues (contributed 36.8% to total revenues) totaled $320.4 million, down 34.7% on a year-over-year basis. Subscription and services revenues (63.2% of total revenues) increased 9.4% ye ...

Nearshoring, electrification and freight fraud among the current trends and challenges facing North American truckload transportation WESTMINSTER, Colo., Aug. 7, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) has released "The Road Ahead: Key Trends and Capabilities Shaping the North American Freight Transportation Market," a Transporeon report identifying key developments impacting the future of the truckload transportation sector in North America. Trimble (NASDAQ: TRMB) has released "The Road Ahead: Key Tren ...

业绩总结 - Trimble Inc. 第二季度2024财报显示，营收为8.71亿美元，超过了预期中值，有机增长率为+1%[19] - 调整后的EBITDA为2.14亿美元，利润率为24.6%[20] - 年度重复收入（ARR）达到21.13亿美元，有机增长率为+14%[21] - 非GAAP每股收益为0.62美元，超过了预期高端[22] - 非GAAP毛利率为66.5%[23] 未来展望 - FY'24年度营收预计为约13.4亿美元，较上年度增长约20%[85][97] - FY'24年度运营利润率预计约为33%，较上年度提高约3.4个百分点[93] - FY'24年度ARR预计为约21.13亿美元，有机增长率约为14%[102] - FY'24年度净利润率预计约为29%，较上年度提高约1.4个百分点[93] 新产品和新技术研发 - Trimble的Connect & Scale战略取得了成果，Q2增长和利润率超出预期，主要受AECO部门持续增长的影响[27] 市场扩张和并购 - AECO业务FY'24年度营收预计将增长约17%，其中有机增长约为12%[90][100] - Field Systems业务FY'24年度营收预计将下降约12%，主要受到出售业务的影响[100] - Transportation & Logistics业务FY'24年度营收预计将保持稳定，有机增长约为3%[100]

财务数据和关键指标变化 - 公司第二季度营收为21.11亿美元,同比增长1% [7] - 毛利率创历史新高,达到66.5% [7] - EBITDA利润率扩大40个基点至24.6% [7] - 经调整后的自由现金流转换率超过1倍净收益 [17] 各条业务线数据和关键指标变化 - AECO业务ARR增长18%,创历史新高 [9][25] - 现场系统业务ARR增长17%,接近AECO业务 [12] - 运输物流业务Transporeon实现双位数ARR增长,地图业务也有不错表现 [13] 各个市场数据和关键指标变化 - 北美市场表现最强,欧洲和亚太地区相对较弱 [46][47] - 美国南部几个州如南卡罗来纳、佛罗里达、德克萨斯表现较好,而纽约和路易斯安那较弱 [26] - 中国和日本市场较为疲软 [47] 公司战略和发展方向及行业竞争 - 公司"连接和扩展"战略持续推进,数字化连接行业工作流程,实现规模化发展 [6][11] - 公司在AI技术应用方面持续投入,在多个领域实现了应用落地 [14][15] - 公司通过整合收购等方式,不断丰富产品组合,提升客户粘性 [18] 管理层对经营环境和未来前景的评论 - 管理层对北美市场保持乐观,但对欧洲和亚太地区的市场环境持谨慎态度 [46][47] - 管理层认为公司在AECO业务的发展前景良好,有望持续保持高增长 [25][26][39] - 管理层对Transporeon业务的发展也持乐观态度,认为有望在不利的宏观环境下保持良好表现 [36][37] 其他重要信息 - 公司2023年财务报表需要重新审计,但预计不会对财务数据产生重大影响 [8] - 公司计划在12月10日的投资者日上更新长期财务目标 [22] 问答环节重要的提问和回答 问题1 **Kristen Owen 提问** 询问AECO业务高增长的来源,是否主要来自现有客户的交叉销售和升级,还是新客户拓展 [24][25] **Rob Painter 回答** 约三分之二的增长来自现有客户,三分之一来自新客户拓展,公司在不同细分市场和客户群体中保持良好增长势头 [25][26] 问题2 **Zane Meehan 提问** 询问公司是否考虑到了即将到来的美国选举对业务的潜在影响 [30][31][32] **Rob Painter 回答** 公司已经在指引中考虑了选举因素可能带来的影响,并相信有足够的应对能力 [31][32] 问题3 **Arsenije Matovic 提问** 询问公司在AECO业务和Transporeon业务中的需求情况 [60][61] **Rob Painter 回答** 公司在AECO业务中通过细分市场和客户群体的精准营销,以及渠道合作等方式保持良好增长势头 [61] Transporeon业务中,欧洲货运市场的现货运价有所好转,但尚未对业绩产生明显推动 [61]

Trimble Navigation (TRMB) reported $870.8 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 12.4%. EPS of $0.62 for the same period compares to $0.64 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $860.83 million, representing a surprise of +1.16%. The company delivered an EPS surprise of +8.77%, with the consensus EPS estimate being $0.57. While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

Trimble Navigation (TRMB) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8.77%. A quarter ago, it was expected that this GPS manufacturer would post earnings of $0.59 per share when it actually produced earnings of $0.64, delivering a surprise of 8.47%. Over the last four quarters, ...

Record annualized recurring revenue, reflecting ongoing execution of the Connect & Scale strategy Record second quarter gross margin, demonstrating continuing business transformation and favorable mix shift Raising full year guidance for revenue and earnings per share WESTMINSTER, Colo., Aug. 6, 2024 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) today announced financial results for the second quarter of 2024. Second Quarter 2024 Financial Highlights Revenue of $870.8 million, down 12 percent on a year-over-y ...

Wall Street analysts expect Trimble Navigation (TRMB) to post quarterly earnings of $0.57 per share in its upcoming report, which indicates a year-over-year decline of 10.9%. Revenues are expected to be $860.83 million, down 13.4% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Before a company announces its earnings, it is ...