01.11.2018 21:23:52

Motorola Solutions Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Motorola Solutions Inc. (MSI) reported a profit for its third quarter that rose from the same period last year.

The company's earnings came in at $247 million, or $1.43 per share. This compares with $212 million, or $1.25 per share, in last year's third quarter.

Analysts had expected the company to earn $1.72 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.7% to $1.86 billion from $1.65 billion last year.

Motorola Solutions Inc. earnings at a glance:

-EPS (Q3): $1.94 vs. $1.53 last year. -Analysts Estimate: $1.72 -Revenue (Q3): $1.86 Bln vs. $1.65 Bln last year.

-Guidance: Next quarter EPS guidance: $2.50 - $2.55 Full year EPS guidance: $7.00 - $7.05

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