May 3 (Reuters) - Analytics and software firm Trimble

forecast second-quarter results below Wall Street

estimates on Friday, hit by sluggish demand for its products and

services, sending its shares down about 5%.

Amid high input costs and interest rates, clients are

rethinking their spending priorities, hurting the field system

and software segments.

The company provides hardware and software solutions which

are used across industries including agriculture, transportation

and construction, and assists in designing and building roads

and bridges used by truckers.

Westminster, Colorado-based company forecast second-quarter

revenue between $845 million and $875 million, compared with

analysts' average estimates of $881 million, according to LSEG

data.

Its expects adjusted earnings per share (EPS) to be between

56 cents to 60 cents per share, below estimates of 61 cents.

"Transportation revenues and organic growth will be modestly

lower in the second quarter, primarily reflecting reduced

low-margin hardware sales in our North American mobility

business," said Phil Sawarynski, the company's newly named

finance chief.

Trimble's field systems segment, which primarily includes

hardware businesses, fell 12% to $419.2 million.

The company reported first-quarter adjusted EPS of 64 cents,

compared with estimates of 62 cents per share.

The company's first-quarter revenue stood at $953.3 million,

beating analysts' estimates of $912.5 million.

Last month, AGCO Corporation ( AGCO ) and Trimble announced

the closing of their joint venture transaction known as PTx

Trimble, which combines Trimble's precision agriculture business

and AGCO's ( AGCO ) JCA Technologies.