LINCOLNSHIRE, Ill. (AP) — LINCOLNSHIRE, Ill. (AP) — Zebra Technologies Corp. (ZBRA) on Tuesday reported third-quarter earnings of $137 million.
The Lincolnshire, Illinois-based company said it had profit of $2.64 per share. Earnings, adjusted for one-time gains and costs, came to $3.49 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.24 per share.
The producer of printers for bar codes, plastic cards and, radio-frequency identification tags posted revenue of $1.25 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $1.21 billion.
For the current quarter ending in December, Zebra expects its per-share earnings to range from $3.80 to $4.
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