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Motorola Solutions tops estimates and sets upbeat outlook [MarketWatch]

MOTOROLA SOLUTIONS (MSI)  More Company Research Source: MarketWatch
Last motorola solutions earnings: 5/3 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.motorolasolutions.com
PDF Motorola Solutions tops estimates and sets upbeat outlook Motorola Solutions Inc. MSI, -0.34% said Thursday it had a net loss of $575 million, or $3.56 a share, in the fourth quarter, after earnings of $243 million, or $1.43 a share, in the year-earlier period. The number included a $5.50 a share charge related to tax reform. Adjusted per-share earnings came to $2.10, ahead of the FactSet consensus of $2.04. Sales rose to $1.957 billion from $1.883 billion, also ahead of the FactSet consensus of $1.943 billion. The company said it now expects first-quarter adjusted EPS of 83 cents to 88 cents and revenue growth of about 7%. For 2018, it expects adjusted EPS of $6.50 to $6.65 and revenue growth of about 5%. The FactSet consensus is for first-quarter EPS of 80 cents and revenue growth of about 4%. The FactSet consensus for 2018 is for EPS of $5.96 and revenue growth of about 3%. Shares were flat in after-hours trade, but have gained 24% in the last 12 months, matching the S&P 500's [Read more]

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