Motorola Solutions Inc expected to post earnings of $3.38 a share - Earnings Preview
06/11/2024 05:11
* Motorola Solutions Inc MSI.N MSI is expected to show a
rise
in quarterly revenue when it reports results on November 7 for
the period ending September 30 2024
* The Chicago Illinois-based company is expected to report
a
8.0% increase in revenue to $2.761 billion from $2.56 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.The company's guidance on August 1 2024, for the
period ended September 30, was for revenue between $2.73 billion
and $2.76 billion. (Majority is on Total Revenue)
* LSEG's mean analyst estimate for Motorola Solutions Inc
is for
earnings of $3.38 per share. The company's EPS guidance on
August 1 2024, for the period ended September 30, was between
$3.32 and $3.37
* 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 467.00, above its last closing price
of $462.09.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 3.01 3.01 3.24 Beat 7.7
Mar. 31 2024 2.53 2.53 2.81 Beat 11.2
Dec. 31 2023 3.63 3.63 3.90 Beat 7.4
Jan. 1 0001 3.02 3.02 3.19 Beat 5.7
Jun. 2.51 2.51 2.65 Beat 5.6
30 2023
Jan. 1 0001 2.05 2.05 2.22 Beat 8.3
Dec. 31 2022 3.43 3.43 3.60 Beat 4.9
Sep. 30 2022 2.88 2.88 3.00 Beat 4.2
This summary was machine generated November 6 at 05:11 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)