U.S. Markets closed

Zebra: 1Q Earnings Snapshot

LINCOLNSHIRE, Ill. (AP) _ Zebra Technologies Corp. (ZBRA) on Tuesday reported first-quarter net income of $115 million.

The Lincolnshire, Illinois-based company said it had net income of $2.12 per share. Earnings, adjusted for one-time gains and costs, were $2.92 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.87 per share.

The producer of printers for bar codes, plastic cards and, radio-frequency identification tags posted revenue of $1.07 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $1.05 billion.

Zebra shares have climbed 43% since the beginning of the year. The stock has risen 68% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZBRA at https://www.zacks.com/ap/ZBRA