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.
The current strength in the S&P 500 reflects optimism driven by strong corporate earnings, the tech rally and economic indicators. Tap Royal Caribbean Cruises (RCL), Alphabet (GOOGL), The Goldman Sachs Group (GS), Hasbro (HAS) and Zebra Technologies (ZBRA).
Zebra (ZBRA) reported earnings 30 days ago. What's next for the stock?
Zebra (ZBRA) prices senior unsecured notes worth $500 million in aggregate principal amount. The net proceeds will be used to repay outstanding debt under the revolving credit facility.