Motorola Solutions Inc expected to post earnings of $2.53 a share - Earnings Preview
30/04/2024 22:19
* Motorola Solutions Inc MSI.N MSI is expected to show a
rise
in quarterly revenue when it reports results on May 2 for the
period ending March 31 2024
* The Chicago Illinois-based company is expected to report
a
8.0% increase in revenue to $2.345 billion from $2.17 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.The company's guidance on February 8 2024, for the
period ended March 31, was for revenue of $2.345 billion.
* LSEG's mean analyst estimate for Motorola Solutions Inc
is for
earnings of $2.53 per share. The company's EPS guidance on
February 8 2024, for the period ended March 31, was between
$2.50 and $2.55
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Motorola
Solutions Inc is $363.58, above its last closing price
of $339.15.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 3.63 3.63 3.90 Beat 7.4
Sep. 30 2023 3.02 3.02 3.19 Beat 5.7
Jun. 30 2023 2.51 2.51 2.65 Beat 5.6
Mar. 31 2023 2.05 2.05 2.22 Beat 8.3
Dec. 3.43 3.43 3.60 Beat 4.9
31 2022
Sep. 30 2022 2.88 2.88 3.00 Beat 4.2
Jun. 30 2022 1.87 1.87 2.07 Beat 10.7
Jan. 1 0001 1.58 1.61 1.70 Beat 5.8
This summary was machine generated April 30 at 21:19 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)