Trimble Inc. (TRMB) revealed a profit for second quarter that Decreased from last year but beat the Street estimates.
The company's bottom line totaled $89.2 million, or $0.37 per share. This compares with $1.316 billion, or $5.34 per share, last year.
Excluding items, Trimble Inc. reported adjusted earnings of $169.4 million or $0.71 per share for the period.
Analysts on average had expected the company to earn $0.62 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 0.6% to $875.7 million from $870.8 million last year.
Trimble Inc. earnings at a glance (GAAP) :
-Earnings: $89.2 Mln. vs. $1.316 Bln. last year.-EPS: $0.37 vs. $5.34 last year.-Revenue: $875.7 Mln vs. $870.8 Mln last year.
-Guidance:Next quarter EPS guidance: $0.67 - $0.75Next quarter revenue guidance: $850 - $890 MlnFull year EPS guidance: $2.90 - $3.06Full year revenue guidance: $3,480 - $3,560 Mln
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