Movement Alert｜Zebra falls 12.24% in Regular Trading, Q3 results and Q4 guidance fail to support shares

Market Focus11-03 22:33

On November 3, Zebra fell 12.24% in Regular Trading, trading at $317.86 per share, with turnover of $55.26 million.

The move followed the company’s latest quarterly earnings release, after which shares weakened despite results that came in slightly ahead of expectations.

Zebra reported fiscal Q3 non-GAAP EPS of $4.95, up from $3.88 a year earlier and above the $4.89 consensus, while net sales rose to $1.614 billion from $1.32 billion, also ahead of the roughly $1.57 billion expected. For fiscal Q4, the company guided to non-GAAP EPS of $5.00 to $5.40 and year-over-year sales growth of 10% to 14%, versus market expectations of about $5.18 in EPS and $1.60 billion in revenue. The company also said full-year capital expenditure is expected to be $75 million to $80 million.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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