Zebra Technologies: Q2 Earnings Insights


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This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Shares of Zebra Technologies (NASDAQ:ZBRA) rose 1.4% after the company reported Q2 results.

Quarterly Results

Earnings per share fell 20.20% year over year to $2.41, which beat the estimate of $2.28.

Revenue of $956,000,000 declined by 12.85% from the same period last year, which beat the estimate of $939,900,000.

Guidance

Q3 EPS expected between $2.65 and $2.95.

Q3 revenue expected between $1,051,000,000 and $1,096,000,000.

Details Of The Call

Date: Jul 28, 2020

Time: 08:30 AM

ET Webcast URL: https://services.choruscall.com/links/zbra200728.html

Price Action

52-week high: $279.99

Company's 52-week low was at $150.06

Price action over last quarter: Up 11.58%

Company Profile

Zebra Technologies designs a large suite of products for the automatic identification and data capture market including mobile computers, barcode scanners, RFID readers, specialty printers for barcode labeling and personal identification, and related software and supplies. The company operates an asset intelligence and tracking segment and an enterprise visibility and mobility segment, which account for roughly 33% and 67% of total sales, respectively.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsNews