Zebra Technologies Corp expected to post earnings of $2.81 a share - Earnings Preview

Zebra Technologies

26/07/2024 15:28

* Zebra Technologies Corp  ZBRA.OQ   ZBRA.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 30
for the period ending June 30 2024
    * The Lincolnshire Illinois-based  company is expected to
report a
2.7% decrease in revenue to $1.182 billion from $1.21 billion a
year ago, according to the mean estimate from 13 analysts, based
on LSEG data.The company's guidance on April 30 2024, for the
period ended June 30, was for revenue between $1.15 billion and
$1.20 billion.
    * ​LSEG's mean analyst estimate for Zebra Technologies Corp
is for
earnings of $2.81 per share. The company's EPS guidance on April
30 2024, for the period ended June 30, was between $2.60 and
$2.90 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Zebra
Technologies Corp is $352.50​, above​ its last closing price
of $324.41. ​​​

The company's guidance on April 30 2024 for the period ended
June 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD1.1533 billion and USD230.47
million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  2.45        2.45       2.84      Beat    16
 Dec. 31 2024  1.67        1.66       1.71      Beat    3.1
 Sep. 30 2023  0.82        0.81       0.87      Beat    7.1​
 Jun. 30 2023  3.29        3.28       3.29      Beat    0.2
 ​​Mar.        3.92        3.92       3.94      Beat    0.5
 31 2023                                                
 Dec. 31 2022  4.62        4.59       4.75      Beat    3.5​
 Sep. 30 2022  4.55        4.54       4.12      Missed  -9.2
 Jun. 30 2022  4.23        4.21       4.61      Beat    9.6
 This summary was machine generated July 26 at 14:28 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)