Zebra Technologies Corporation is grappling with an 8.32% expected year-over-year decline in earnings per share, forecasting $4.19 for the upcoming quarter despite a modest revenue increase of 5.06%. The company’s stock has plummeted by 12.3%, and it has experienced significant sales declines in its AIT segment. To bolster its market position, Zebra has completed an $875 million acquisition of Matrox Imaging, following a prior acquisition of Fetch Robotics, but analysts remain cautious with a Zacks Rank of #4 (Sell).
“Zebra Technologies · closed at · $330.74 · -1.42% move from the previous day”
“Zebra Technologies · gained · 2.97% · in the past month”
“Zebra Technologies · expected to post earnings · $4.19 per share · year-over-year decline of 8.32%”
“Zebra Technologies · expected revenue · $1.45 billion · up 5.06% from the prior-year quarter”
“Zebra Technologies · expected earnings · $18.97 per share · changes of +2.82% from last year”
“Zebra Technologies · expected revenue · $5.92 billion · changes of +5.13% from last year”
“Zebra Technologies Corporation · has · market capitalization · 17.6 billion”
“Zebra Technologies Corporation · has · Zacks Rank · #4 (Sell)”
“Zebra Technologies Corporation · has · percentage loss in stock · 12.3%”
“Zebra Technologies Corporation · experienced · sales decline in AIT segment · 8.2% year over year”
“Zebra Technologies Corporation · has · cost of sales increase · 14.9% year over year”
“Zebra Technologies Corporation · has · total operating expenses increase · 11% year over year”