Zebra Technologies Sees Q1 Results Above View - Quick Facts

(RTTNews) - Zebra Technologies Corp. (ZBRA) announced that it expects earnings for the first quarter of 2014 to be in a range of $0.79 to $0.82 per share, up approximately 74 percent from $0.46 per share for the first quarter of 2013.

Earnings for the first quarter of 2014 are expected in a range of $0.88 to $0.91 per share, excluding $0.09 per share of approximately $5 million in acquisition expenses. Financial results for the first quarter of 2013 included exit, acquisition and restructuring costs of $0.04 per share.

Excluding the charges in both periods, estimated earnings per share for the first quarter of 2014 are expected to increase by approximately 80 percent year over year.

Sales for the first quarter are expected to be in the range of $287 million to $289 million, or 21 percent over the $236.94 million in sales reported for the first quarter of 2013.

Analysts polled by Thomson Reuters expect the company to report earnings of $0.83 per share and revenues of $281.56 million for the first-quarter. Analysts' estimates typically exclude special items.

Zebra is scheduled to report its 2014 first quarter financial results and host a conference call on May 6.