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Zebra: 4Q Earnings Snapshot

LINCOLNSHIRE, Ill. (AP) _ Zebra Technologies Corp. (ZBRA) on Thursday reported fourth-quarter earnings of $115 million.

On a per-share basis, the Lincolnshire, Illinois-based company said it had net income of $2.11. Earnings, adjusted for one-time gains and costs, came to $3.10 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.93 per share.

The producer of printers for bar codes, plastic cards and, radio-frequency identification tags posted revenue of $1.14 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $1.12 billion.

For the year, the company reported profit of $421 million, or $7.76 per share. Revenue was reported as $4.22 billion.

For the current quarter ending in April, Zebra expects its per-share earnings to range from $2.75 to $2.95.

Zebra shares have risen 16 percent since the beginning of the year. The stock has increased 58 percent 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