News

Public · Published

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.

Published:

Updated:

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

  1. 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
  2. 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
  3. 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

  • Original source link unavailable