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Why Zebra (ZBRA) Might be Well Poised for a Surge
Zacks Investment Research· 2024-05-06 17:21
Zebra Technologies (ZBRA) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The upward trend in estimate revisions for this producer of printers for bar codes, plastic cards and, radio-frequency identification tags reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock pr ...
Zebra(ZBRA) - 2024 Q1 - Earnings Call Transcript
2024-04-30 17:19
I would now like to turn the conference over to Mike Steele, Vice President, Investor Relations. Please go ahead. Mike Steele Good morning and welcome to Zebra's first quarter earnings conference call. This presentation is being simulcast on our website at investors.zebra.com and will be archived there for at least 1 year. Our forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties. Actual results could differ materially and we refer you to the ...
Zebra Technologies (ZBRA) Q1 Earnings & Revenues Decline Y/Y
Zacks Investment Research· 2024-04-30 15:01
Zebra Technologies Corporation (ZBRA) reported first-quarter 2024 adjusted earnings of $2.84 per share. The bottom line slumped 27.9% year over year.Total revenues of $1.2 billion surpassed the Zacks Consensus Estimate of $1.1 billion. The top line plunged 16.4% year over year due to softness across end markets. Consolidated organic net sales declined 16.8% year over year. Foreign currency translation had an adverse impact of 0.4% on sales.Segmental PerformanceRevenues from the Asset Intelligence & Tracking ...
Zebra Technologies (ZBRA) Q1 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-04-30 12:41
Zebra Technologies (ZBRA) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $2.46 per share. This compares to earnings of $3.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.45%. A quarter ago, it was expected that this producer of printers for bar codes, plastic cards and, radio-frequency identification tags would post earnings of $1.63 per share when it actually produced earnin ...
Zebra(ZBRA) - 2024 Q1 - Quarterly Results
2024-04-30 11:26
"While our first quarter results continued to be impacted by broad-based softness across our end markets, we realized improvement in demand from the fourth quarter of 2023. Our teams executed well, driving significant sequential improvement in profitability, resulting from our cost restructuring actions and improved gross margin." said Bill Burns, Chief Executive Officer of Zebra Technologies. "Our increased 2024 outlook reflects a better-than-expected start to the year with modest recovery in demand and pr ...
Zebra Technologies (ZBRA) to Post Q1 Earnings: What to Expect
Zacks Investment Research· 2024-04-26 17:15
Zebra Technologies Corporation (ZBRA) is slated to release first-quarter 2024 results on Apr 30, before market open.The Zacks Consensus Estimate for earnings has decreased by a penny in the past 60 days. The company has a decent earnings surprise history, having outperformed the Zacks Consensus Estimate in three of the preceding four quarters, while missing in one. The average beat was 4.8%The Zacks Consensus Estimate for revenues is pegged at $1.14 billion, indicating a decline of 18.5% from the year-ago q ...
Here's Why Investing in Zebra Technologies (ZBRA) Makes Sense
Zacks Investment Research· 2024-04-17 16:05
Zebra Technologies Corporation (ZBRA) is gaining from strength in the Asset Intelligence and Tracking segment, acquired assets and shareholder-friendly moves.Let’s delve into the factors that make this current Zacks Rank #1 (Strong Buy) company a smart investment choice at the moment.Business Strength: Zebra Technologies is benefiting from growth across services, software and radio frequency identification (RFID) products. Improving supply chains and lower product lead times will benefit the company’s growt ...
Here's Why You Should Hold Zebra (ZBRA) in Your Portfolio Now
Zacks Investment Research· 2024-03-14 13:11
Zebra Technologies Corporation (ZBRA) has been benefiting from healthy demand for RFID (radio frequency identification) and software products. Improving supply chains and lower product lead times are expected to boost the company’s growth in the quarters ahead. Pricing actions and strong sales of RFID products are aiding the company’s Asset Intelligence and Tracking segment. Higher sales of services and software, and contributions from recent acquisitions bode well for the Enterprise Visibility & Mobility s ...
Zebra Technologies Introduces Automation Solutions at MODEX 2024 to Empower Connected Workers
Businesswire· 2024-03-11 12:00
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Zebra Technologies Corporation (NASDAQ: ZBRA), a leading digital solution provider enabling businesses to intelligently connect data, assets, and people, today announced new enterprise mobile computing and intelligent automation solutions designed to enable an agile, resilient supply chain with the power of a connected workforce. Zebra will highlight its expanded portfolio of solutions at MODEX 2024 Booth B6623 in the Georgia World Congress Center – Hall B, March 11-14 i ...
Zebra Technologies Named a Leader in 2024 Gartner® Magic Quadrant™ for Indoor Location Services
Businesswire· 2024-03-07 13:00
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Zebra Technologies Corporation (NASDAQ: ZBRA), a leading digital solution provider enabling businesses to intelligently connect data, assets, and people, today announced it has been named a Leader by Gartner, Inc. in its Magic Quadrant for Indoor Location Services. This is the fifth consecutive year Zebra has placed in the Leaders Quadrant. A copy of the full report is available from Zebra Technologies. “We believe being recognized as a Leader by Gartner is a distinct ...