Zebra: Q4 Earnings Snapshot

LINCOLNSHIRE, Ill. (AP) — LINCOLNSHIRE, Ill. (AP) — Zebra Technologies Corp. (ZBRA) on Thursday reported fourth-quarter profit of $17 million.

The Lincolnshire, Illinois-based company said it had profit of 31 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were $1.71 per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.63 per share.

The producer of printers for bar codes, plastic cards and, radio-frequency identification tags posted revenue of $1.01 billion in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $992.6 million.

For the year, the company reported profit of $296 million, or $5.72 per share. Revenue was reported as $4.58 billion.

For the current quarter ending in March, Zebra expects its per-share earnings to range from $2.30 to $2.60.

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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