logo
  

Motorola Solutions Inc. Q4 Profit Decreases, but beats estimates

Motorola Solutions Inc. (MSI) released earnings for fourth quarter that decreased from the same period last year but beat the Street estimates.

The company's earnings came in at $401 million, or $2.30 per share. This compares with $412 million, or $2.37 per share, in last year's fourth quarter.

Excluding items, Motorola Solutions Inc. reported adjusted earnings of $2.85 per share for the period.

Analysts on average had expected the company to earn $2.74 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.2% to $2.32 billion from $2.27 billion last year.

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

-Earnings (Q4): $401 Mln. vs. $412 Mln. last year.
-EPS (Q4): $2.30 vs. $2.37 last year.
-Analyst Estimates: $2.74
-Revenue (Q4): $2.32 Bln vs. $2.27 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.53 to $1.59

For comments and feedback contact: editorial@rttnews.com

RELATED NEWS
Follow RTT