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Zebra Technologies Corporation (ZBRA) released a profit for second quarter that dropped from last year.


RTTNews | Jul 28, 2020 07:57AM EDT

07:57 Tuesday, July 28, 2020 (RTTNews.com) - Zebra Technologies Corporation (ZBRA) released a profit for second quarter that dropped from last year.

The company's profit totaled $100 million, or $1.85 per share. This compares with $124 million, or $2.26 per share, in last year's second quarter.

Excluding items, Zebra Technologies Corporation reported adjusted earnings of $130 million or $2.41 per share for the period.

Analysts had expected the company to earn $2.28 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 12.7% to $0.96 billion from $1.10 billion last year.

Zebra Technologies Corporation earnings at a glance:

-Earnings (Q2): $130 Mln. vs. $165 Mln. last year.-EPS (Q2): $2.41 vs. $3.02 last year.-Analysts Estimate: $2.28-Revenue (Q2): $0.96 Bln vs. $1.10 Bln last year.

-Guidance:Full year EPS guidance: $2.65 to $2.95

Read the original article on RTTNews ( https://www.rttnews.com/3114949/zebra-technologies-corporation-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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