Trimble Navigation (TRMB Quick QuoteTRMB - Free Report) reported $870.8 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 12.4%. EPS of $0.62 for the same period compares to $0.64 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $860.83 million, representing a surprise of +1.16%. The company delivered an EPS surprise of +8.77%, with the consensus EPS estimate being $0.57.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Trimble performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Annualized Recurring Revenue (ARR)

  : $2.11 billion versus the two-analyst average estimate of $2.21 billion.

• Segment revenue- AECO

  : $299.70 million versus the five-analyst average estimate of $292.10 million.

• Segment revenue- Field Systems

  : $379.30 million versus $381.10 million estimated by five analysts on average.

• Segment revenue- T&L

  : $191.80 million versus $187.75 million estimated by five analysts on average.

• Revenues- Subscription and services

  : $550.40 million compared to the $511.12 million average estimate based on two analysts. The reported number represents a change of +9.4% year over year.

• Revenues- Product

  : $320.40 million compared to the $331.73 million average estimate based on two analysts. The reported number represents a change of -34.7% year over year.

• Segment operating income- AECO

  : $79.10 million compared to the $70.94 million average estimate based on three analysts.

• Segment operating income- T&L

  : $35.90 million compared to the $30.91 million average estimate based on three analysts.

• Segment operating income- Field Systems

  : $109.80 million compared to the $112.13 million average estimate based on three analysts.

View all Key Company Metrics for Trimble here>>>

Shares of Trimble have returned -11.5% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.