Zebra Technologies Tops Q3 Views, Guides Above Estimates

Core Insights - Zebra Technologies (ZBRA) exceeded Wall Street expectations for Q3 earnings and provided an optimistic outlook for the current quarter [1][2][3] Financial Performance - In the September quarter, Zebra reported adjusted earnings of $3.88 per share on sales of $1.32 billion, surpassing analyst expectations of $3.75 per share on $1.31 billion in sales [2] - Year-over-year, Zebra's earnings increased from $3.49 per share on sales of $1.26 billion in the same quarter last year [2] - For the current quarter, Zebra anticipates adjusted earnings of $4.30 per share on sales of $1.46 billion, compared to Wall Street's forecast of $4.26 per share on $1.42 billion in sales [3] Stock Performance - Following the earnings report, ZBRA stock rose by 1.4% to $315 in premarket trading [3] - The stock has been consolidating for 13 weeks at a buy point of $352.66 according to IBD MarketSurge charts [3] Business Overview - Zebra Technologies specializes in hardware and software solutions aimed at digitizing and automating frontline workflows across various sectors, including retail, healthcare, manufacturing, and transportation [4]