Zebra Technologies Corporation (NASDAQ:ZBRA) manufacturer of thermal equipments, is reporting third quarter earnings results on Tuesday 3rd November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 2.81 per share.
For the full year, analysts predict revenues of $ 4236.15 million, while looking forward to income of $ 11.18 per share.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 2.65 ~ $ 2.95 per share, while revenues are expected in a range of $ 1,051.00 million ~ $ 1,096.00 million
Full Year 2020 topline are forecasted in a range of$ 4,664.00 million ~ $ 4,754.00 million
Click Here For More Historical Outlooks Of Zebra Technologies Corporation
Previous Quarter Performance
Zebra Technologies Corporation recorded income for the second quarter of $ 2.41 per share, from the revenue of $ 956.00 million. The quarterly earnings down 20.20 percent while revenues down 12.85 percent compared with the same quarter last year.
According to street consensus, ZBRA was expected to report 2Q20 income of $ 2.28 per share from revenue of $ 939.90 million. The bottom line results beat street analysts by $ 0.13 or 5.70 percent, at the same time, top line results outshined analysts by $ 16.10 million or 1.71 percent.
Stock Performance
Shares of Zebra Technologies Corporation traded up $ 9.43 or 3.32 percent on Monday, reaching $ 293.07 with volume of 510.70 thousand shares. Zebra Technologies Corporation has traded high as $ 294.97 and has cracked $ 287.49 on the downward trend
The closing price of $ 293.07, representing a 89.02 % increase from the 52 week low of $ 150.06 and a 6.87 % decrease over the 52 week high of $ 304.57.
The company has a market capital of $ 17.09 billion and is part of the Industrials sector and Diversified Industrials industry.
Recent Analyst recommendations
- On 16th October 2020, initiated by Stephens at Overweight rating
- On 13th October 2020, maintained by Needham & Company LLC at Buy rating, with $ 320.00 target price.
Conference Call
Zebra Technologies Corporation will be hosting a conference call at 8:30 AM eastern time on 3rd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.zebra.com
Zebra Technologies Corporation, together with its subsidiaries, designs, manufactures, and sells a range of automatic identification and data capture (AIDC) products worldwide. The company operates through two segments, Asset Intelligence & Tracking and Enterprise Visibility & Mobility. It offers AIDC products, including mobile computers, barcode scanners, radio frequency identification device readers, specialty printers for barcode labeling and personal identification, and real-time location systems; related accessories and supplies, such as self-adhesive labels, receipts, ribbons, plastic cards, and wristbands; and software utilities and applications.
