Zebra Technologies Q4 Earnings & Revenues Top Estimates, Rise Y/Y

Zebra Technologies Corporation ZBRA reported fourth-quarter 2024 adjusted earnings of $4.00 per share, which surpassed the Zacks Consensus Estimate of $3.95. The bottom line increased significantly from $1.71 per share reported in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Total revenues of $1.33 billion surpassed the consensus estimate of $1.31 billion. The top line increased 32.2% year over year, driven by strength in the Enterprise Visibility & Mobility and Asset Intelligence & Tracking units. Consolidated organic net sales increased 31.6% year over year. Foreign currency translation had a positive impact of 0.6% on total revenues.For 2024, ZBRA reported net revenues of $4.98 billion, which increased 8.7% year over year. The company’s adjusted earnings were $13.52 per share, up 37.7% year over year.ZBRA’s Segmental PerformanceRevenues from the Asset Intelligence & Tracking segment rose 29.5% year over year to $448 million. The Zacks Consensus Estimate for segmental revenues was pegged at $441 million. Organic net sales increased 28.8%. Foreign currency translation had a positive impact of 0.7% on total revenues.The Enterprise Visibility & Mobility segment’s revenues totaled $886 million, up 33.6% year over year. The consensus estimate for segmental revenues was pegged at $871 million. Organic net sales increased 33.1%. Foreign currency translation had a positive impact of 0.5% on total revenues.Zebra Technologies Corporation Price, Consensus and EPS Surprise Zebra Technologies Corporation price-consensus-eps-surprise-chart | Zebra Technologies Corporation QuoteZBRA’s Margin ProfileIn the fourth quarter, Zebra Technologies’ cost of sales totaled $686 million, up 22.3% year over year. Total operating expenses increased 13.1% year over year to $423 million.The company reported a net income of $163 million compared with $17 million in the year-ago period.Zebra Technologies’ Balance Sheet and Cash FlowZebra Technologies had cash and cash equivalents of $901 million at the end of the fourth quarter compared with $137 million at the end of December 2023. Long-term debt totaled $2.09 billion compared with $2.05 billion at the end of December 2023.In 2024, Zebra Technologies generated net cash of $1.01 billion in operating activities against $4 million cash used in the year-ago period. The company incurred a capital expenditure of $59 million in the same time frame. Free cash inflow amounted to $954 million against free cash outflow of $91 million in the year-ago period.ZBRA’s GuidanceFor the first quarter of 2025, Zebra Technologies expects net sales to increase in the band of 8-11% year over year. Foreign currency translation is anticipated to have an unfavorable impact of 1%. Adjusted EBITDA margin is anticipated to be approximately 21% in the first quarter. Adjusted earnings per share are expected to be in the band of $3.50-$3.70. For 2025, ZBRA expects net sales to increase in the band of 3-7% year over year. The company expects adjusted earnings to be in the range of $14.75-$15.25 per share. It expects free cash flow to be at least $750 million.ZBRA’s Zacks RankThe company currently carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Performance of Other CompaniesTetra Tech, Inc. TTEK reported earnings of $0.35 per share in the first quarter of fiscal 2025 (ended December 2024), which beat the Zacks Consensus Estimate of $0.34. This compares with earnings of $0.28 per share a year ago.Tetra posted revenues of $1.2 billion for the quarter ended December 2024, surpassing the consensus estimate by 8.85%. This compares with year-ago revenues of $1.02 billion. The company topped the consensus estimate for revenues in each of the last four quarters.Waste Management, Inc. WM reported earnings of $1.70 per share in the fourth quarter of 2024, which missed the Zacks Consensus Estimate of $1.79. This compares with earnings of $1.74 per share a year ago.WM reported revenues of $5.89 billion for the quarter ended December 2024, surpassing the consensus estimate by 0.18%. This compares with year-ago revenues of $5.22 billion. The company topped the consensus estimate for revenues two times in the last four quarters.Packaging Corporation of America PKG reported adjusted earnings per share of $2.47 in the fourth quarter of 2024, which missed the Zacks Consensus Estimate of $2.51 by a margin of 2%. The bottom line matched PKG’s guidance and grew 16% year over year.Sales in the fourth quarter rose 10.7% year over year to $2.15 billion due to higher volumes and price/mix in both segments. The top line beat the consensus estimate of $2.13 billion.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tetra Tech, Inc. (TTEK): Free Stock Analysis Report Waste Management, Inc. (WM): Free Stock Analysis Report Packaging Corporation of America (PKG): Free Stock Analysis Report Zebra Technologies Corporation (ZBRA): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks