Zebra Technologies Q4 Adj. EPS $1.71 Beats $1.66 Estimate, Sales $1.01B Beat $999.36M Estimate
Portfolio Pulse from Benzinga Newsdesk
Zebra Technologies (NASDAQ:ZBRA) reported Q4 adjusted EPS of $1.71, surpassing the $1.66 estimate, and sales of $1.01B, exceeding the $999.36M estimate. However, this represents a 64% decrease in earnings and a 32.87% decrease in sales from the same period last year.
February 15, 2024 | 11:31 am
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Zebra Technologies reported higher-than-expected Q4 earnings and sales, but with significant decreases from the previous year.
While Zebra Technologies exceeded analyst expectations for Q4, the significant year-over-year declines in both earnings and sales may temper investor enthusiasm. The positive surprise in earnings and sales could provide some short-term support to the stock price, but the substantial decreases compared to the previous year highlight challenges that may concern investors. Therefore, the short-term impact on ZBRA's stock price is assessed as neutral.
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RELEVANCE 100