Zebra Technologies rises on upbeat Q4 forecast

Zebra Technologies

29/10/2024 10:57

** Shares of barcode scanner maker Zebra Technologies
 ZBRA.O  rise 6.2% to $386 in premarket trading
    ** Co expects Q4 adjusted diluted EPS to be between $3.80
and $4.00, above analysts' estimates of $3.54 per share- LSEG
data 
    ** ZBRA expects Q4 sales growth to be between 28% and 31% ,
vs estimates of a 24.3% growth - LSEG data
    ** Q3 net sales rose 31.3% to $1.26 bln, beating estimates
of $1.22 bln
    ** Up to last close, stock had risen 33% YTD

 (Reporting by Harshita Mary Varghese in Bengaluru)
 ((HarshitaMary.Varghese@thomsonreuters.com))