LINCOLNSHIRE, Ill. (AP) _ Zebra Technologies Corp. (ZBRA) on Thursday reported fourth-quarter earnings of $169 million.

The Lincolnshire, Illinois-based company said it had net income of $3.10 per share. Earnings, adjusted for stock option expense and non-recurring costs, were $3.56 per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.65 per share.

The producer of printers for bar codes, plastic cards and, radio-frequency identification tags posted revenue of $1.19 billion in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $1.2 billion.

For the year, the company reported profit of $544 million, or $9.97 per share. Revenue was reported as $4.49 billion.

For the current quarter ending in April, Zebra expects its per-share earnings to range from $2.90 to $3.10.

Zebra shares have declined slightly more than 1% since the beginning of the year. The stock has risen 38% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZBRA at https://www.zacks.com/ap/ZBRA

Automated Insights, source Associated Press News