On August 4, Zebra surged 19.59% in regular trading, trading at $345.475/share, with turnover of $205 million. The rally was driven by the company's Q2 earnings report released pre-market, which significantly exceeded expectations on all key metrics.
Zebra reported Q2 adjusted EPS of $6.35, beating the analyst consensus estimate of $4.36 by 45.64%, and representing a 75.9% year-over-year increase from $3.61. Revenue came in at $1.557 billion, surpassing the $1.497 billion estimate. Notably, the company's own prior guidance for Q2 non-GAAP EPS was capped at $4.50, making the actual result a substantial outperformance versus its own projections.
Simultaneously, Zebra raised its full-year adjusted EPS guidance to $20.75-$21.25, far exceeding the FactSet consensus of $18.57. The results underscore strong momentum in the company's automation, identification, and data capture businesses serving retail, manufacturing, healthcare, and logistics sectors.
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