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Zebra Technologies Corporation Q2 adjusted earnings Beat Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Zebra Technologies Corporation (ZBRA) reported earnings for its second quarter that rose from last year.

The company's earnings came in at $219 million, or $4.07 per share. This compares with $100 million, or $1.85 per share, in last year's second quarter.

Excluding items, Zebra Technologies Corporation reported adjusted earnings of $247 million or $4.57 per share for the period.

Analysts had expected the company to earn $4.11 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 43.8% to $1.38 billion from $0.96 billion last year.

Zebra Technologies Corporation earnings at a glance:

-Earnings (Q2): $247 Mln. vs. $130 Mln. last year.
-EPS (Q2): $4.57 vs. $2.41 last year.
-Analysts Estimate: $4.11
-Revenue (Q2): $1.38 Bln vs. $0.96 Bln last year.

-Guidance:
Next quarter EPS guidance: $3.90 to $4.10

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