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Motorola Solutions Lifts FY Outlook

Motorola Solutions Inc. (MSI) on Thursday raised its fiscal 2021 outlook, driven by "record third-quarter revenue and earnings.

For the full year 2021, Motorola Solutions now expects revenue growth of 10% to 10.25%, up from the prior guidance of growth of 9.5% to 10%. The company now expects adjusted earnings of $9.00 to $9.04, up from the prior guidance of $8.88 to $8.98.

Analysts polled by Thomson Reuters currently estimate earnings of $8.97 per share on revenue growth of $9.90%.

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