Zebra Technologies beat Q2 earnings estimates with adjusted EPS of $3.18. The stock's lofty valuation ratios are set to normalize as Zebra laps a couple of weak 2023 quarters.
Zebra Technologies' (ZBRA) second-quarter 2024 revenues improve 0.2% year over year, driven by strength in the Enterprise Visibility & Mobility segment.
Zebra Technologies Corporation (NASDAQ:ZBRA ) Q2 2024 Earnings Conference Call July 30, 2024 8:30 AM ET Company Participants Mike Steele - VP, IR Bill Burns - CEO Nathan Winters - CFO Conference Call Participants Damian Karas - UBS Jamie Cook - Truist Securities Tommy Moll - Stephens Joe Giordano - TD Cowen Andrew Buscaglia - BNP Meta Marshall - Morgan Stanley Brad Hewitt - Wolfe Research Keith Housum - Northcoast Research Brian Drab - William Blair Rob Mason - Baird Chris Grenga - Needham Guy Hardwick - Freedom Capital Markets Rob Jamieson - Vertical Research Operator Good day, and welcome to the Second Quarter 2024 Zebra Technologies Earnings Conference Call. All participants will be in a listen-only mode.
Zebra easily topped Wall Street's quarterly expectations. Profitability is improving, helping to boost earnings.
Zebra Technologies (ZBRA) came out with quarterly earnings of $3.18 per share, beating the Zacks Consensus Estimate of $2.82 per share. This compares to earnings of $3.29 per share a year ago.
The automation-technology provider beat second-quarter estimates on the top and bottom lines, and lifted guidance.
Barcode scanner maker Zebra Technologies beat second-quarter results estimates and raised full-year forecast on Tuesday, helped by a steady recovery in demand for its hardware and software services and products.
Zebra Technologies beat analyst estimates for the second quarter and guided above views for the current quarter and full year.
Zebra Technologies' (ZBRA) Q2 results are likely to benefit from the solid demand for services, software and RFID products. Weakness in the printing end market is likely to hurt its results.
Zebra (ZBRA) benefits from solid demand for RFID products, buyouts and cost-saving initiatives. However, weak demand for data capture and mobile computing solutions affects its performance.
Zebra Technologies (ZBRA) benefits from cost-management actions and acquired assets. The company's measures to reward its shareholders are encouraging.
Zebra Technologies NASDAQ: ZBRA stock hit bottom in 2023, but it took until this year for the reversal to be completed. Now, the stock is up 50% from the recent low and heading higher under the influence of analysts.