Zebra Technologies Corporation (ZBRA) reported earnings for third quarter that dropped from the same period last year.
The company's bottom line totaled $116 million, or $2.16 per share. This compares with $136 million, or $2.50 per share, in last year's third quarter.
Excluding items, Zebra Technologies Corporation reported adjusted earnings of $175 million or $3.27 per share for the period.
Analysts had expected the company to earn $2.81 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Revenue came in at $1.13 billion, equal to the mark posted in the same period last year.
Zebra Technologies Corporation earnings at a glance:
-Earnings (Q3): $175 Mln. vs. $187 Mln. last year.-EPS (Q3): $3.27 vs. $3.43 last year.-Analysts Estimate: $2.81-Revenue (Q3): $1.13 Bln vs. $1.13 Bln last year.
-Guidance:Full year EPS guidance: $3.70 to $3.90
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