FX.co ★ Zebra Technologies Corporation Q4 Profit Decreases, but beats estimates

Zebra Technologies Corporation, denoted by the ticker ZBRA, has reported a decrease in profits for the fourth quarter as compared to the previous year, but it has managed to surpass market expectations.

The nascent profit figures suggest a net profit of $17 million, or $0.31 per share compared against the fourth quarter position of the preceding year when the company posted an impressive $186 million, or $3.57 per share.

When eliminating certain factors, Zebra Technologies Corporation announced that the adjusted earnings accounted for about $89 million, or $1.71 per share, for their final reporting period of the year.

Based on the consolidated figures by Thomson Reuters, market analysts had predicted an earnings per share (EPS) of $1.66 on average. It should be noted that these predictions generally do not consider exceptions.

Zebra Technologies Corporation witnessed an approximate 32.7% drop in their quarter four revenues, accumulating only $1.01 billion compared to the $1.50 billion posted in the previous year.

A summarised look at Zebra Technologies Corporation's financial performance for the fourth quarter encourages us to consider that the earnings (GAAP), on one hand, fell to $17 million against the $186 million recorded last year, while on the other hand, the EPS came in at $0.31, falling from the $3.57 that was celebrated last year. Analysts had estimated an EPS of $1.66, and the revenue for the quarter dropped quite a bit from $1.50 billion in the last year to just a little above $1.01 billion.

Moving forward, the company has released its next quarter EPS guidance indicating predictions between $2.30 to $2.60.