Zebra Technologies Corp. (ZBRA) reported fourth-quarter net income of $17.63 million or $0.30 per share versus a loss of $117.36 million or $1.88 per share last year. On average, 9 analysts polled by Thomson Reuters expected earnings per share of $0.26 for the quarter. Analysts' estimate typically excludes one-time items.
Net sales for the recent quarter totaled $222.52 million compared with $232.57 million in the year-ago period. Seven analysts estimated revenues of $206.63 million for the quarter.
Looking ahead to the first quarter 2010, Zebra expects earnings per share within a range of $0.25 - $0.32, including expected exit and restructuring costs of $0.02 per share. Net sales are projected within a range of $217 million and $230 million. Six analysts anticipate first quarter earnings per share of $0.26. Three analysts project revenues of $203.74 million for the first quarter of 2010.
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