Trimble Inc. Set to Release Q1 2025 Earnings Amid Analyst Expectations

Trimble Inc. (TRMB), based in Westminster, Colorado, specializes in technology solutions that improve the work processes of professionals and field mobile workers globally. The company, valued at $14.3 billion by market capitalization, combines its expertise in GPS, laser, optical, and inertial technologies with application software, wireless communications, and services to deliver comprehensive commercial solutions. Trimble is expected to announce its fiscal first-quarter earnings for 2025 on Friday, May 2.

Analysts Predict Earnings Decline

As the announcement date approaches, analysts forecast TRMB will report a profit of $0.45 per share on a diluted basis. This figure reflects a 13.5% decrease from the $0.52 per share reported in the same quarter last year. The company has outperformed consensus estimates in three of the last four quarters, though it missed forecasts once.

Annual Earnings Projections

For the full fiscal year, analysts project TRMB will achieve earnings per share (EPS) of $2.36, a 6.8% increase from $2.21 in fiscal 2024. Looking ahead, EPS is anticipated to rise 14% year-over-year to $2.69 in fiscal 2026.

Stock Performance Compared to Market

TRMB stock has lagged behind, falling 3% over the past 52 weeks while the S&P 500 ($SPX) gained 3.8%. Similarly, it performed worse than the Technology Select Sector SPDR Fund (XLK), which dipped 2.4% during the same period.

Recent Financial Highlights

On February 19, Trimble released its Q4 results, leading to a more than 3% decline in shares during the subsequent trading session. The company posted an adjusted EPS of $0.89, surpassing Wall Street expectations of $0.88. Additionally, it recorded revenue of $983.4 million, exceeding predictions of $943.9 million. Looking into the full year, Trimble expects adjusted EPS to range from $2.76 to $2.98, with revenue between $3.4 billion and $3.5 billion.

Analyst Sentiment on TRMB Stock

The consensus on TRMB stock remains bullish, earning an overall “Strong Buy” rating. Among the 11 analysts covering the stock, nine recommend a “Strong Buy,” one opts for a “Moderate Buy,” and one suggests holding the stock. The average analyst price target stands at $86.42, indicating a potential upside of 53.7% from current trading levels.

On the date of publication, Neha Panjwani did not hold any positions, directly or indirectly, in any of the securities mentioned in this article. All information and statistics within this article are intended for informational purposes. For further details, please view the Barchart Disclosure Policy here.

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