We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Will Higher Revenues Boost Motorola's (MSI) Q3 Earnings?
Read MoreHide Full Article
Motorola Solutions, Inc. (MSI - Free Report) is scheduled to report third-quarter 2021 results on Nov 4, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 7.8%. It pulled off a trailing four-quarter earnings surprise of 9.6%, on average.
The Chicago, IL-based company is expected to have recorded year-over-year higher revenues on the back of growth in both segments — Products and Systems Integration, and Services and Software. It continues to benefit from the increasing demand for its mission-critical technologies in North America and globally.
Factors at Play
During the quarter, Motorola provided the Transmission System Operator for the Trans Adriatic Pipeline with a digital radio solution to secure voice and data communications along the multinational route of the gas pipeline.
Motorola acquired Openpath Security Inc., a leader in cloud-based access control solutions, for $297 million.
Adding to its video security and analytics portfolio, Motorola introduced the Compass Decision Management System, which provides organizations with security intelligence that helps users prevent human error by outlining standard procedures, automating incident reporting, and highlighting key performance indicators.
The National Health Service England selected Motorola’s VB400 body-worn video solution to improve transparency and safety for its frontline workers and citizens across the country.
In the quarter, Motorola launched APX NEXT in Brazil. This next-generation Project 25 public safety radio provides voice communications on land-mobile radio (LMR) networks while using broadband networks for data applications.
Motorola was selected by the Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support to provide digital radio communications for 16 naval vessels and training platforms for the German Navy.
Motorola introduced the first AI-enabled in-car video system for law enforcement, the M500. The solution brings more capabilities to the police vehicle to enhance awareness and safety. These developments are likely to have had a positive impact on Motorola’s performance in the third quarter.
The Zacks Consensus Estimate for the Products and Systems Integration segment’s revenues is pegged at $1,275 million. The figure indicates a rise of 9.6% from the year-ago quarter’s reported figure. The projection reflects an increased demand for LMR and video security solutions.
The consensus estimate for Services and Software revenues is $786 million, which indicates growth of 11.5% year over year. The performance is likely to have been driven by command center software and services along with growth in LMR services.
For the September quarter, the Zacks Consensus Estimate for revenues is pegged at $2,060 million, which indicates growth of 10.3% from the year-ago quarter’s reported figure. The consensus estimate for adjusted earnings per share is pegged at $2.13, which suggests an increase of 9.2%.
What Our Model Says
Our proven model doesn’t conclusively predict an earnings beat for Motorola this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Earnings ESP: Motorola’s Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is 0.00% as both are pegged at $2.13.
Zacks Rank: Motorola currently carries a Zacks Rank #3.
Stocks to Consider
Here are some companies that you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this quarter:
Regeneron Pharmaceuticals, Inc. (REGN - Free Report) is scheduled to release third-quarter 2021 results on Nov 4. It has an Earnings ESP of +8.78% and a Zacks Rank #1.
EOG Resources, Inc. (EOG - Free Report) has an Earnings ESP of +2.16% and a Zacks Rank #1. The company is set to report third-quarter 2021 results on Nov 4.
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Image: Bigstock
Will Higher Revenues Boost Motorola's (MSI) Q3 Earnings?
Motorola Solutions, Inc. (MSI - Free Report) is scheduled to report third-quarter 2021 results on Nov 4, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 7.8%. It pulled off a trailing four-quarter earnings surprise of 9.6%, on average.
The Chicago, IL-based company is expected to have recorded year-over-year higher revenues on the back of growth in both segments — Products and Systems Integration, and Services and Software. It continues to benefit from the increasing demand for its mission-critical technologies in North America and globally.
Factors at Play
During the quarter, Motorola provided the Transmission System Operator for the Trans Adriatic Pipeline with a digital radio solution to secure voice and data communications along the multinational route of the gas pipeline.
Motorola acquired Openpath Security Inc., a leader in cloud-based access control solutions, for $297 million.
Adding to its video security and analytics portfolio, Motorola introduced the Compass Decision Management System, which provides organizations with security intelligence that helps users prevent human error by outlining standard procedures, automating incident reporting, and highlighting key performance indicators.
The National Health Service England selected Motorola’s VB400 body-worn video solution to improve transparency and safety for its frontline workers and citizens across the country.
In the quarter, Motorola launched APX NEXT in Brazil. This next-generation Project 25 public safety radio provides voice communications on land-mobile radio (LMR) networks while using broadband networks for data applications.
Motorola was selected by the Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support to provide digital radio communications for 16 naval vessels and training platforms for the German Navy.
Motorola introduced the first AI-enabled in-car video system for law enforcement, the M500. The solution brings more capabilities to the police vehicle to enhance awareness and safety. These developments are likely to have had a positive impact on Motorola’s performance in the third quarter.
The Zacks Consensus Estimate for the Products and Systems Integration segment’s revenues is pegged at $1,275 million. The figure indicates a rise of 9.6% from the year-ago quarter’s reported figure. The projection reflects an increased demand for LMR and video security solutions.
The consensus estimate for Services and Software revenues is $786 million, which indicates growth of 11.5% year over year. The performance is likely to have been driven by command center software and services along with growth in LMR services.
For the September quarter, the Zacks Consensus Estimate for revenues is pegged at $2,060 million, which indicates growth of 10.3% from the year-ago quarter’s reported figure. The consensus estimate for adjusted earnings per share is pegged at $2.13, which suggests an increase of 9.2%.
What Our Model Says
Our proven model doesn’t conclusively predict an earnings beat for Motorola this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Earnings ESP: Motorola’s Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is 0.00% as both are pegged at $2.13.
Motorola Solutions, Inc. Price and EPS Surprise
Motorola Solutions, Inc. price-eps-surprise | Motorola Solutions, Inc. Quote
Zacks Rank: Motorola currently carries a Zacks Rank #3.
Stocks to Consider
Here are some companies that you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this quarter:
Cushman & Wakefield plc (CWK - Free Report) is slated to release third-quarter 2021 results on Nov 4. It has an Earnings ESP of +14.09% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Regeneron Pharmaceuticals, Inc. (REGN - Free Report) is scheduled to release third-quarter 2021 results on Nov 4. It has an Earnings ESP of +8.78% and a Zacks Rank #1.
EOG Resources, Inc. (EOG - Free Report) has an Earnings ESP of +2.16% and a Zacks Rank #1. The company is set to report third-quarter 2021 results on Nov 4.