Skip to main content

Zebra: Q1 Earnings Snapshot

LINCOLNSHIRE, Ill. (AP) — LINCOLNSHIRE, Ill. (AP) — Zebra Technologies Corp. (ZBRA) on Tuesday reported first-quarter profit of $135 million.

On a per-share basis, the Lincolnshire, Illinois-based company said it had profit of $2.72. Earnings, adjusted for one-time gains and costs, came to $4.75 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.21 per share.

The producer of printers for bar codes, plastic cards and, radio-frequency identification tags posted revenue of $1.5 billion in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $1.47 billion.

For the current quarter ending in June, Zebra expects its per-share earnings to range from $4.20 to $4.50.

The company expects full-year earnings in the range of $18.30 to $18.70 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZBRA at https://www.zacks.com/ap/ZBRA

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story