Sees FY23 revenue $3.7B-$3.8B, consensus $3.87B. The company said, "For the full year 2023, Trimble expects to report revenue between $3,700 million and $3,800 million and GAAP earnings per share of $1.59 to $1.79, and non-GAAP earnings per share of $2.66 to $2.86. GAAP guidance assumes a tax rate of 19.5 percent and non-GAAP guidance assumes a tax rate of 18.0 percent. Both GAAP and non-GAAP earnings per share assume approximately 249 million shares outstanding. This guidance does not incorporate the expected financial impacts of the pending acquisition of Transporeon. A reconciliation of the non-GAAP measures to the most directly comparable GAAP measures and other information relating to these non-GAAP measures are included in the supplemental reconciliation schedule attached."
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on TRMB:
- Trimble Announces Fourth Quarter and Full Year 2022 Results and Initiates 2023 Guidance
- Trimble announces Trimble Maps integration for OneRail delivery platform
- University of British Columbia establishes Trimble Technology Lab
- Trimble selected by NPRA to maintain 10,600-km road network, infrastructure
- KeyBanc positive on Trimble acquisition despite ‘healthy premium’