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

Zebra Technologies

30/04/2024 14:32

* Zebra Technologies Corp  ZBRA.OQ  reported quarterly
adjusted
earnings of $2.84​​ per share for the quarter ended in January,
lower than the same quarter last year, when the company reported
EPS of $3.94.  The mean expectation of twelve analysts for the
quarter was for earnings of $2.45 per share. Wall Street
expected results to range from $2.40  to $2.52 per share.
    * Revenue fell 16.4% to $1.18 billion from a year ago;
analysts
expected $1.15 billion. 
    * Zebra Technologies Corp's reported EPS for the quarter was
$2.23​.
    * The company reported quarterly net income of $115 million.
    * Zebra Technologies Corp shares had fallen by 0.5% this
quarter and gained 9.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 17.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the electronic
equipment & parts peer group is also "buy"

Wall Street's median 12-month price target for Zebra
Technologies Corp is $306.00 
This summary was machine generated from LSEG data April 30 at
01:31 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
 Mar. 31 2024      2.45           2.84           Beat
 Dec. 31 2023      1.66           1.71           Beat
 Sep. 30 2023      0.81           0.87           Beat
 Jun. 30 2023      3.28           3.29           Beat