Zebra Technologies Q3 Adj EPS $0.87 Beats $0.81 Estimate, Sales $956.00M Beat $926.34M Estimate
Portfolio Pulse from Benzinga Newsdesk
Zebra Technologies reported Q3 earnings of $0.87 per share, beating the analyst consensus estimate of $0.81 by 7.41%. However, this is a 78.88% decrease from the same period last year. The company also reported quarterly sales of $956.00 million, beating the estimate of $926.34 million by 3.20%, but this is a 30.62% decrease from last year.
October 31, 2023 | 10:31 am
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Zebra Technologies' Q3 earnings and sales beat estimates but are significantly lower than last year.
Zebra Technologies beat Q3 earnings and sales estimates, which is positive. However, the significant decrease in both earnings and sales compared to the same period last year is a negative signal, which could negatively impact the stock price in the short term.
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