Core Viewpoint - Zebra Technologies Corporation (ZBRA) is expected to report second-quarter 2025 results on August 5, with projected revenues of $1.28 billion, reflecting a 5% year-over-year growth, and adjusted earnings of $3.31 per share, indicating a 4.1% increase from the previous year [1][9]. Revenue Estimates - The Zacks Consensus Estimate for revenues is $1.28 billion, which indicates a growth of 5% from the year-ago quarter's figure [1]. - The Enterprise Visibility & Mobility segment is expected to generate revenues of $853 million, reflecting a 4% increase from the previous year [3]. - The Asset Intelligence and Tracking segment's revenues are projected to be $430 million, indicating an 8.3% growth from the year-ago number [4]. Earnings Performance - The consensus estimate for adjusted earnings has remained stable over the past 60 days, with an impressive earnings surprise history, outperforming the consensus estimate in each of the last four quarters, averaging an 8.4% surprise [2]. - In the last reported quarter, Zebra Technologies delivered an earnings surprise of 11.7% [2]. Segment Performance Drivers - The Enterprise Visibility & Mobility segment's performance is driven by strong demand for mobile computing products and data capture solutions, along with increased sales of services and software due to retail software wins [3]. - The Asset Intelligence and Tracking segment is expected to benefit from solid demand for printing solutions and RFID products [4]. Strategic Acquisitions - Zebra Technologies is focused on acquisitions to expand its product offerings and customer base, such as the acquisition of Photoneo in March 2025, enhancing its portfolio in 3D machine vision solutions [5]. Cost and Currency Challenges - The company's performance has been negatively impacted by high costs and expenses, with increased raw material costs expected to affect the bottom line [6]. - A stronger U.S. dollar is likely to have hurt Zebra Technologies' overseas business due to its extensive geographic presence [6]. Earnings Prediction Model - The current model does not predict an earnings beat for ZBRA, as the Earnings ESP is 0.00%, with both the Zacks Consensus Estimate and the Most Accurate Estimate at $3.31 [7][8]. Zacks Rank - Zebra Technologies currently holds a Zacks Rank of 3, indicating a hold position [10].

Core Insights - Zebra Technologies Corporation (ZBRA) is positioned to benefit from strong performance across its business segments, operational excellence, and strategic acquisitions, focusing on growth opportunities and long-term market positioning [1] Business Performance - The Enterprise Visibility & Mobility segment has seen an 8.1% year-over-year revenue increase in Q1 2025, driven by higher sales of mobile computing and data capture solutions, along with increased service and software sales [2] - The Asset Intelligence & Tracking segment experienced an 18.4% year-over-year sales increase in Q1 2025, supported by solid demand for printing solutions and RFID products [3] - For Q2 2025, the company anticipates net sales growth of 4-7% compared to the same quarter last year, reflecting overall business strength [3] Acquisition Strategy - Zebra Technologies acquired Photoneo in March 2025, enhancing its 3D machine vision solutions by integrating Photoneo's technology with its existing capabilities [4] - The acquisition of Matrox Imaging in June 2022 has allowed Zebra to strengthen its fixed industrial scanning and machine vision portfolio [5] Stock Performance and Shareholder Returns - ZBRA's stock has increased by 44.6% over the past three months, outperforming the industry average growth of 42% [8] - The company has repurchased shares worth $125 million in Q1 2025, compared to $47 million in Q1 2024, with a remaining buyback capacity of $721 million from a $1 billion program authorized in May 2022 [9] - Free cash flow for Q1 2025 reached $158 million, marking a 42.3% year-over-year increase, supporting shareholder-friendly policies [9] Earnings Estimates - The Zacks Consensus Estimate for ZBRA's 2025 earnings is $14.51 per share, reflecting a 7.3% year-over-year increase, while the estimate for 2026 earnings is $16.41 per share, indicating a 13.1% increase from the previous year [10]

Core Viewpoint - Honeywell is evaluating strategic alternatives for its Productivity Solutions and Services (PSS) and Warehouse and Workflow Solutions (WWS) businesses to simplify its portfolio and accelerate value creation ahead of its planned separation into three independent companies by the second half of 2026 [1][4]. Group 1: Business Overview - PSS is projected to generate over $1 billion in revenue for 2024, providing mobile computers, barcode scanners, and printing solutions for the warehouse and logistics market [2]. - WWS is expected to generate nearly $1 billion in revenue in 2024, offering supply chain and warehouse automation solutions, including automated sortation systems, palletizers, conveyors, and robotics [2][3]. - Both PSS and WWS are recognized as leaders in their respective markets, with strong customer relationships and innovative technologies aimed at enhancing efficiency and productivity [3]. Group 2: Leadership and Strategic Direction - Jim Masso has been appointed as President and CEO of Honeywell Process Automation, effective July 14, 2025, bringing 20 years of experience in energy services and engineering [3][4]. - The evaluation of strategic alternatives for PSS and WWS will occur alongside ongoing portfolio workstreams, without affecting the timelines for the separations of other Honeywell businesses [4][7]. Group 3: Recent Strategic Actions - Since June 2023, Honeywell has undertaken several strategic actions, including $14 billion in acquisitions to drive organic growth and simplify its portfolio [5]. - The company has also sold its Personal Protective Equipment business to Protective Industrial Products in May 2025 [5]. Group 4: Financial Advisory - Honeywell has engaged Centerview Partners as its financial advisor to assist in assessing strategic alternatives for its PSS and WWS businesses [6].

Core Viewpoint - Zebra Technologies Corporation (ZBRA) is expected to report first-quarter 2025 results on April 29, with revenue estimates of $1.28 billion, reflecting a 9% growth year-over-year, and adjusted earnings of $3.60 per share, indicating a 26.8% increase from the previous year [1]. Revenue Estimates - The consensus estimate for the Enterprise Visibility & Mobility segment's revenues is $852 million, representing an 8.8% increase from the year-ago figure [3]. - The Asset Intelligence and Tracking segment is projected to generate revenues of $434 million, indicating a 10.7% growth compared to the previous year [4]. Earnings Performance - Zebra Technologies has a strong earnings surprise history, outperforming consensus estimates in the last four quarters with an average surprise of 9.3% [2]. - The earnings estimate has remained stable over the past 60 days, suggesting consistent analyst expectations [2]. Challenges - Despite strong demand in various markets, Zebra Technologies faces challenges from high costs and expenses, including labor shortages and increased raw material costs, which are expected to negatively impact the bottom line [5]. - The company's operations are also affected by foreign exchange headwinds, particularly due to a stronger U.S. dollar impacting overseas business [6]. Earnings Prediction - The current Earnings ESP for Zebra Technologies is 0.00%, indicating no expected earnings beat, as both the Zacks Consensus Estimate and the Most Accurate Estimate are at $3.60 [8]. - The company holds a Zacks Rank of 4 (Sell), which further diminishes the likelihood of an earnings surprise this quarter [8].