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Valued at a market cap of $19.3 billion, Zebra Technologies Corporation (ZBRA) operates in the automatic identification and data capture (AIDC) industry, providing enterprise asset intelligence solutions. It designs and manufactures products such as barcode scanners, RFID readers, mobile computers, and specialty printers, alongside offering related software and services for various industries. The company is set to release its Q3 earnings before the market opens on Tuesday, Oct. 29.
Ahead of this event, analysts expect Zebra Technologies to report a profit of $2.89 per share, up significantly 407% from $0.57 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in three of the past four quarters while missing on another occasion. ZBRA exceeded the consensus estimate by 6.9% in the most recent quarter.