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Valued at a market cap of $14.7 billion, Trimble Inc. (TRMB) is an equipment manufacturer of positioning, surveying, and machine control products. The Westminster, Colorado-based company’s product portfolio is centered on the integration of real-time positioning or location technologies with wireless communications and software. It is expected to announce its fiscal Q3 earnings results on Wednesday, Nov. 6.
Ahead of this event, analysts expect the software company to report a profit of $0.49 per share, down 12.5% from $0.56 per share in the year-ago quarter. The company has consistently beaten Wall Street's bottom-line estimates in each of the last four quarters. In Q2, the company’s adjusted EPS of $0.62 topped the consensus estimates by 8.8% but declined 3.1% annually.