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Why the Maker of Store-Roaming Robots Shouldn’t Worry About an Earnings Miss

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Why the Maker of Store-Roaming Robots Shouldn’t Worry About an Earnings Miss
Photo caption: The SmartSight robot roams retail isles scanning inventory.

Zebra Technologies reported earnings on Thursday that missed Wall Street estimates, sending its share price lower. But that is only half the story. The company’s retail franchise continues to grow as it introduces interesting new products.

Zebra (ticker: ZBRA) reported fourth-quarter earnings of $3.56 a share. Analysts were looking for $3.65 per share. What’s more, guidance for full year 2020 Ebitda—short for earnings before interest, taxes, depreciation and amortization—was about 1% below analyst predictions. Missing the Street is never good news and the stock dropped about 7%. But the coronavirus outbreak and the U.S.-China trade war explain much of the disappointment. […]

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