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Zebra Technologies Corporation Reveals Rise In Q3 Profit
Zebra Technologies reported third-quarter earnings of $164 million, or $3.43 per share, compared with $101 million, or $1.97 per share, a year earlier. Revenue rose 22.3% to $1.614 billion from $1.320 billion. Adjusted earnings were $237 million, or $4.95 per share, and the company gave next-quarter forecasts.
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What happened
Zebra Technologies reported third-quarter earnings of $164 million, or $3.43 per share, compared with $101 million, or $1.97 per share, a year earlier. Revenue rose 22.3% to $1.614 billion from $1.320 billion. Adjusted earnings were $237 million, or $4.95 per share, and the company gave next-quarter forecasts.
Confirmed
Global impact / market context
Higher reported earnings and revenue show that Zebra generated more profit and sales than a year earlier. If the company can sustain that growth, it could support its ability to fund operations and investment from its business; the supplied report does not explain what drove the increase.
Analyst inference
The report also gives next-quarter forecasts for per-share earnings and revenue growth, offering investors a near-term reference point against which to judge results. Those forecasts are not results: actual performance could differ, and the article provides no explanation of expected drivers or costs.
Analyst inference
What to watch
- Compare next-quarter results with the forecast of $5.00 to $5.40 earnings per share; earnings per share is profit allocated to each share. Confirmed
- Check whether next-quarter revenue growth reaches the forecast range of 10% to 14%, and whether reported sales continue to rise from the prior-year period. Confirmed
- Look for explanations of what drove the reported sales and profit increases, since sustained growth could strengthen cash available for investment, while weaker growth could constrain it. Analyst inference
Evidence
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