Zebra Technologies rises on upbeat Q4 forecast, Q3 earnings beat

Shares of barcode scanner maker Zebra Technologies ZBRA.O up 2.6% at $318.70 premarket

Co expects Q4 adj EPS between $4.20 and $4.40, the mid-point of which is above analysts' estimate of $4.24, per data compiled by LSEG

Sees Q4 sales growth of 8%-11%, higher than analysts' estimate of 6% growth

Co reports Q3 adj EPS of $3.88, topping analysts' estimate of $3.75

Posts net sales of $1.32 bln, beating expectations of $1.31 bln

"Our strong third quarter results were driven by solid demand, lower-than-expected tariffs," CEO Bill Burns says

12 of 18 brokerages recommend a rating of "buy" or higher, while others recommend "hold"; median PT $375.00 - LSEG-compiled data

Up to last close, stock has fallen ~20% this year