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Zebra (ZBRA) Q2 Earnings Report Preview: What To Look For

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Enterprise data capture company Zebra Technologies (NASDAQ:ZBRA) will be announcing earnings results this Tuesday before market hours. Here’s what you need to know.

Zebra beat analysts’ revenue expectations by 1.4% last quarter, reporting revenues of $1.31 billion, up 11.3% year on year. It was a slower quarter for the company, with a significant miss of analysts’ EPS guidance for next quarter estimates and revenue guidance for next quarter slightly missing analysts’ expectations.

Is Zebra a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Zebra’s revenue to grow 6.1% year on year to $1.29 billion, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $3.31 per share.

Zebra Total Revenue

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Zebra has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 2.2% on average.

Looking at Zebra’s peers in the tech hardware & electronics segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Mirion delivered year-on-year revenue growth of 7.6%, beating analysts’ expectations by 3.1%, and Cognex reported revenues up 4.1%, topping estimates by 1.3%. Mirion traded down 11.1% following the results while Cognex was up 20.9%.

Read our full analysis of Mirion’s results here and Cognex’s results here.

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