RTTNews | Nov 3, 2021 04:59PM EDT

16:59 Wednesday, November 3, 2021 (RTTNews.com) - Trimble Navigation Ltd (TRMB) announced earnings for its third quarter that advanced from the same period last year.

The company's profit totaled $124.0 million, or $0.49 per share. This compares with $84.7 million, or $0.34 per share, in last year's third quarter.

Excluding items, Trimble Navigation Ltd reported adjusted earnings of $168.6 million or $0.66 per share for the period.

Analysts had expected the company to earn $0.59 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.8% to $901.4 million from $792.1 million last year.

Trimble Navigation Ltd earnings at a glance:

-Earnings (Q3): $168.6 Mln. vs. $152.8 Mln. last year.-EPS (Q3): $0.66 vs. $0.60 last year.-Analysts Estimate: $0.59-Revenue (Q3): $901.4 Mln vs. $792.1 Mln last year.

-Guidance:Full year EPS guidance: $1.69-$1.77Full year revenue guidance: $3.59-$3.64 Bln

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