RTTNews | Nov 3, 2020 06:43AM EST

06:42 Tuesday, November 3, 2020 (RTTNews.com) - Zebra Technologies Corporation (ZBRA) reported earnings for third quarter that dropped from the same period last year.

The company's bottom line totaled $116 million, or $2.16 per share. This compares with $136 million, or $2.50 per share, in last year's third quarter.

Excluding items, Zebra Technologies Corporation reported adjusted earnings of $175 million or $3.27 per share for the period.

Analysts had expected the company to earn $2.81 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue came in at $1.13 billion, equal to the mark posted in the same period last year.

Zebra Technologies Corporation earnings at a glance:

-Earnings (Q3): $175 Mln. vs. $187 Mln. last year.-EPS (Q3): $3.27 vs. $3.43 last year.-Analysts Estimate: $2.81-Revenue (Q3): $1.13 Bln vs. $1.13 Bln last year.

-Guidance:Full year EPS guidance: $3.70 to $3.90

Read the original article on RTTNews ( https://www.rttnews.com/3142324/zebra-technologies-corporation-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved