30.04.2024 12:47:31 - dpa-AFX: Zebra Technologies Corporation Q1 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - Zebra Technologies Corporation (ZBRA) reported
earnings for first quarter that decreased from last year but beat the Street
estimates.

The company's earnings came in at $115 million, or $2.23 per share. This
compares with $150 million, or $2.90 per share, in last year's first quarter.

Excluding items, Zebra Technologies Corporation reported adjusted earnings of
$147 million or $2.84 per share for the period.

Analysts on average had expected the company to earn $2.45 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 16.4% to $1.175 billion from $1.405
billion last year.

Zebra Technologies Corporation earnings at a glance (GAAP) :

-Earnings (Q1): $115 Mln. vs. $150 Mln. last year.
-EPS (Q1): $2.23 vs. $2.90 last year.
-Revenue (Q1): $1.175 Bln vs. $1.405 Bln last year.

-Guidance:
Next quarter EPS guidance: $2.60 to $2.90
Next quarter revenue guidance: To fall 1% to 5%
Full year EPS guidance: $11.25 to $12.25
Full year revenue guidance: To rise 1% to 5%


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ZEBRA TECH. A DL-,01 882578 Frankfurt 298,800 24.05.24 08:03:09 -4,400 -1,45% 0,000 0,000 298,800 298,800

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