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Trimble Navigation Ltd Issues Q2 2013 Guidance Below Analysts' Estimates


Tuesday, 30 Apr 2013 04:16pm EDT 

Trimble Navigation Ltd announced that for second quarter of 2013, it expects revenue between $570 million and $580 million with GAAP earnings per share of $0.18 to $0.20 and non-GAAP earnings per share (EPS) of $0.36 to $0.38. Non-GAAP guidance excludes the amortization of intangibles of $39.1 million related to previous acquisitions; anticipated acquisition costs of $4.0 million and the anticipated impact of stock-based compensation expense of $9.2 million. Both GAAP and non-GAAP earnings per share assume a 16% to 18% tax rate and 260 million shares outstanding. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $597 million and EPS of $0.40 for second quarter of 2013. 

Company Quote

29.605
-0.045 -0.15%
4:00pm EDT