Zebra Technologies Corporation Lincolnshire, Ill., July 30, 2024 — Zebra Technologies Corporation (NASDAQ: ZBRA), an innovator at the edge of the enterprise with solutions and partners that enable businesses to gain a performance edge, today announced results for the second quarter ended June 29, 2024. Exhibit 99.1 Zebra Technologies Announces Second-Quarter 2024 Results "Our teams executed well during the quarter, enabling us to deliver sales and earnings results above the high end of our guidance ranges. ...

The Zacks Consensus Estimate for earnings has remained stable in the past 60 days. The company has a decent earnings surprise history, having outperformed the consensus estimate in three of the preceding four quarters while missing in one. The average surprise was 8.6%. Let's see how things have shaped up for Zebra Technologies this earnings season. However, weak demand for data capture and mobile computing solutions is likely to have offset the gains. The Zacks Consensus Estimate for the Enterprise Visibil ...

Growth Across Services and Software: Zebra Technologies is seeing growth across businesses. Increased units under support contracts and retail software wins are aiding sales of services and software. Increased sales of RFID products, driven by the robust demand in retail and retail apparel markets, and increased parcel tracking in transportation logistics markets and airports are aiding the company's growth. Also, Zebra Technologies has been advancing digital capabilities, optimizing the supply chain, expan ...

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Tech Rally Boosts Forecasts Election Year Favorable for S&P 500? During the Covid-19 reopening trade in 2021, the S&P 500 traded at similar valuation levels for 614 days. During the dot-com boom, the S&P 500 lasted at those levels for 737 days, per Emanuel, as quoted on Yahoo. This indicates that high valuations do not necessarily indicate imminent downturns. U.S. stocks have been hovering near record highs, reflecting continued bullishness in 2024. The S&P 500 notched its 30th record close this year, buoye ...

Zebra Technologies Corporation (ZBRA) recently announced the pricing of its private offering of senior notes worth $500 million in aggregate principal amount. The offering is anticipated to close on May 28, 2024, conditional on certain customary closing conditions. The company's shares gained 1.6% yesterday, thereby ending the trading session at $326.98. Inside the Headlines The senior notes carry an interest rate of 6.500% and are scheduled to mature on Jun 1, 2032. Notably, the senior notes are Zebra Tech ...

Zebra Technologies (ZBRA) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The upward trend in estimate revisions for this producer of printers for bar codes, plastic cards and, radio-frequency identification tags reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock pr ...

I would now like to turn the conference over to Mike Steele, Vice President, Investor Relations. Please go ahead. Mike Steele Good morning and welcome to Zebra's first quarter earnings conference call. This presentation is being simulcast on our website at investors.zebra.com and will be archived there for at least 1 year. Our forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties. Actual results could differ materially and we refer you to the ...

Zebra Technologies Corporation (ZBRA) reported first-quarter 2024 adjusted earnings of $2.84 per share. The bottom line slumped 27.9% year over year.Total revenues of $1.2 billion surpassed the Zacks Consensus Estimate of $1.1 billion. The top line plunged 16.4% year over year due to softness across end markets. Consolidated organic net sales declined 16.8% year over year. Foreign currency translation had an adverse impact of 0.4% on sales.Segmental PerformanceRevenues from the Asset Intelligence & Tracking ...

Zebra Technologies (ZBRA) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $2.46 per share. This compares to earnings of $3.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.45%. A quarter ago, it was expected that this producer of printers for bar codes, plastic cards and, radio-frequency identification tags would post earnings of $1.63 per share when it actually produced earnin ...