How did ZBRA's Q4 2024 earnings surprise impact investor sentiment?

Zebra Technologies (ZBRA) experienced a mixed impact on investor sentiment following its Q4 2024 earnings surprise. The earnings surprise was positive, with an EPS surprise of $0.05, indicating that the company's actual earnings exceeded market expectations. This news would typically be viewed positively by investors, as it suggests that the company is performing better than anticipated. However, the stock's performance in the period following the earnings release was mixed. While the stock price increased by 0.62% on December 31, 2024, which could be attributed to the positive earnings surprise, the overall trend from October 1 to December 31, 2024, was negative, with the stock price decreasing by 2.3%. This suggests that while the earnings surprise may have provided some short-term relief, broader market concerns or other factors were driving the stock price down. |code|Ticker|Name|Date|Revenue Surprise|EPS Surprise|market_code| |---|---|---|---|---|---|---| |ZBRA|ZBRA.O|Zebra Technologies|2024 Q1|3.0E7|0.4|185| |ZBRA|ZBRA.O|Zebra Technologies|2024 Q2|3.7E7|0.38|185| |ZBRA|ZBRA.O|Zebra Technologies|2024 Q3|4.0E7|0.26|185| |ZBRA|ZBRA.O|Zebra Technologies|2024 Q4|1.0E7|0.05|185| |code|Ticker|Name|Date|Percentage Change|market_code| |---|---|---|---|---|---| |ZBRA|ZBRA.O|Zebra Technologies|20241001|-1.6256|185| |ZBRA|ZBRA.O|Zebra Technologies|20241002|1.2023|185| |ZBRA|ZBRA.O|Zebra Technologies|20241003|-1.2992|185| |ZBRA|ZBRA.O|Zebra Technologies|20241004|0.7777|185| |ZBRA|ZBRA.O|Zebra Technologies|20241007|-0.4036|185| |ZBRA|ZBRA.O|Zebra Technologies|20241008|1.0212|185| |ZBRA|ZBRA.O|Zebra Technologies|20241009|1.2277|185| |ZBRA|ZBRA.O|Zebra Technologies|20241010|-1.1406|185| |ZBRA|ZBRA.O|Zebra Technologies|20241011|1.5654|185| |ZBRA|ZBRA.O|Zebra Technologies|20241014|0.7093|185|