04.08.2016 22:43:23
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Motorola Solutions Inc. Profit Advances 25% In Q2
(RTTNews) - Motorola Solutions Inc. (MSI) announced earnings for its second quarter that gained ground from last year.
The company said its bottom line totaled $324 million, or $1.03 per share. This was higher than $260 million, or $0.68 per share, in last year's second quarter.
Analysts had expected the company to earn $0.86 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 4.4% to $1.43 billion. This was up from $1.37 billion last year.
Motorola Solutions Inc. earnings at a glance:
-Earnings (Q2): $324 Mln. vs. $260 Mln. last year. -Earnings Growth (Y-o-Y): 24.6% -EPS (Q2): $1.03 vs. $0.68 last year. -EPS Growth (Y-o-Y): 51.5% -Analysts Estimate: $0.86 -Revenue (Q2): $1.43 Bln vs. $1.37 Bln last year. -Revenue Change (Y-o-Y): 4.4%
-Guidance: Next quarter EPS guidance: $1.17 - $1.22 Full year EPS guidance: $4.45 - $4.65
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