06.02.2020 22:47:41
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Motorola Solutions Inc. Q4 adjusted earnings Beat Estimates
(RTTNews) - Motorola Solutions Inc. (MSI) announced a profit for fourth quarter that fell from last year.
The company's bottom line came in at $244 million, or $1.39 per share. This compares with $423 million, or $2.44 per share, in last year's fourth quarter.
Analysts had expected the company to earn $2.78 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 5.8% to $2.38 billion from $2.25 billion last year.
Motorola Solutions Inc. earnings at a glance:
-EPS (Q4): $2.94 vs. $2.63 last year. -Analysts Estimate: $2.78 -Revenue (Q4): $2.38 Bln vs. $2.25 Bln last year.
-Guidance: Next quarter EPS guidance: $1.30 - $1.35
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