Zebra Technologies Corp reports results for the quarter ended in December - Earnings Summary

Zebra Technologies

15/02/2024 14:32

* Zebra Technologies Corp  ZBRA.OQ  reported quarterly
adjusted
earnings of $1.71​​ per share for the quarter ended in December,
lower than the same quarter last year, when the company reported
EPS of $4.75.  The mean expectation of ten analysts for the
quarter was for earnings of $1.66 per share. Wall Street
expected results to range from $1.60  to $1.76 per share.
    * Revenue fell 32.9% to $1.01 billion from a year ago;
analysts
expected $999.36 million. 
    * Zebra Technologies Corp's reported EPS for the quarter was
31
cents​.
    * The company reported quarterly net income of $17 million.
    * Zebra Technologies Corp shares had fallen by 7.5% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Zebra
Technologies Corp is $280.00 

This summary was machine generated from LSEG data February 15 at
02:32 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      1.66           1.71           Beat
 Sep. 30 2023      0.81           0.87           Beat
 Jun. 30 2023      3.28           3.29           Beat
 Mar. 31 2023      3.92           3.94           Beat