02.11.2023 22:18:35 - dpa-AFX: Motorola Solutions Inc. Q3 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Motorola Solutions Inc. (MSI) revealed earnings for
its third quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $464 million, or $2.70 per share. This
compares with $279 million, or $1.63 per share, in last year's third quarter.

Excluding items, Motorola Solutions Inc. reported adjusted earnings of $547
million or $3.19 per share for the period.

Analysts on average had expected the company to earn $3.03 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 8.0% to $2.56 billion from $2.37
billion last year.

Motorola Solutions Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $464 Mln. vs. $279 Mln. last year.
-EPS (Q3): $2.70 vs. $1.63 last year.
-Analyst Estimate: $3.03
-Revenue (Q3): $2.56 Bln vs. $2.37 Bln last year.

-Guidance:
Next quarter EPS guidance: $3.60 to $3.65
Full year EPS guidance: $11.65 to $11.70
Full year revenue guidance: $9.930-$9.930 bln


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Motorola Solutions A0YHMA NYSE 364,600 24.05.24 03:00:27 +1,250 +0,34% 360,000 375,000 364,260 364,600

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