Overview
- Adjusted Q3 earnings rose 11% to $3.88 per share on revenue of $1.32 billion, beating FactSet estimates.
- Fourth-quarter guidance targets an adjusted $4.30 per share on $1.46 billion in sales at the midpoint, above Wall Street models.
- CEO Bill Burns pointed to solid end-market demand, lower-than-expected tariffs, operating expense leverage and strong execution as drivers.
- Zebra repurchased $284 million of stock year to date and outlined an additional $500 million in buybacks through the third quarter of 2026.
- Shares fell about 3.4% premarket to roughly 300, with IBD noting a 13-week consolidation and a 352.66 buy point on technical charts.