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 Healthy Revenue Growth Buoy Motorola (MSI) Q1 Earnings?
Read MoreHide Full Article
Motorola Solutions, Inc. (MSI - Free Report) is scheduled to report first-quarter 2023 results on May 4, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 5%. It pulled off a trailing four-quarter earnings surprise of 6.9%, 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 benefits from the increasing demand for its mission-critical technologies in North America and globally.
Factors at Play
During the quarter, Motorola unveiled the Avigilon physical security suite, a new security solution backed by advanced analytics, to deliver enhanced enterprise protection. Motorola blended its innovation with the expertise provided by Avigilon, Ava Security and Openpath. Powered by artificial intelligence capabilities, the solution significantly improves protection against various threats and enhances the safety of people and property. This is likely to have generated incremental revenues during the quarter.
In first-quarter 2023, Motorola secured a contract from Peel Regional Police in Canada to deploy its mission-critical PremierOne computer-aided dispatch software. The software enables real-time collaboration between agencies and offers sensitive critical data to enhance safety for officers and the nearly 1.4 million residents in the region. This helps to secure people, assets and facilities spanning large perimeters of sensitive areas.
During the to-be-reported quarter, Motorola deployed a new digital radio solution for NTA Metropolitan Mass Transit System Ltd. to provide safe, secure and reliable communications for Israel’s largest infrastructure project. Based on the mission-critical TETRA standard, the new communications system ensures swift collaboration between train crews and service staff across 34 train stations. It also extended the existing nationwide P25 communications network used by public safety agencies in Israel to help communicate in the underground tunnels and rail lines.
Riding on such state-of-the-art products, Motorola expects to record strong demand across video security and services, land mobile radio products and related software while benefiting from a solid foundation. These systems drive the demand for additional device sales and promote software upgrades and infrastructure expansion. The comprehensive suite of services ensures continuity and reduces risks related to critical communications operations. These developments are expected to have positively impacted its performance in the quarter.
The Zacks Consensus Estimate for the Products and Systems Integration segment’s revenues is pegged at $1,216 million. The figure indicates a rise from $1,103 million recorded in the year-ago quarter. The Zacks Consensus Estimate for the Services and Software segment’s revenues stands at $911 million, up from $789 million recorded in the year-earlier quarter.
For the March quarter, the Zacks Consensus Estimate for revenues is pegged at $2,125 million, which indicates growth from the year-ago quarter’s reported figure of $1,892 million. The consensus estimate for adjusted earnings per share stands at $2.06, which suggests an increase from $1.70 recorded in the prior-year quarter driven by top-line growth.
Earnings Whispers
Our proven model does not predict an earnings beat for Motorola in the first quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is not the case here.
Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is 0.00%, with both pegged at $2.06. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season:
The Earnings ESP for MKS Instruments, Inc. (MKSI - Free Report) is +46.43% and it carries a Zacks Rank of 3. The company is scheduled to report quarterly numbers on May 3.
The Earnings ESP for Keysight Technologies, Inc. (KEYS - Free Report) is +0.09% and it carries a Zacks Rank of 2. The company is scheduled to report quarterly numbers on May 16.
Image: Bigstock
Will Healthy Revenue Growth Buoy Motorola (MSI) Q1 Earnings?
Motorola Solutions, Inc. (MSI - Free Report) is scheduled to report first-quarter 2023 results on May 4, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 5%. It pulled off a trailing four-quarter earnings surprise of 6.9%, 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 benefits from the increasing demand for its mission-critical technologies in North America and globally.
Factors at Play
During the quarter, Motorola unveiled the Avigilon physical security suite, a new security solution backed by advanced analytics, to deliver enhanced enterprise protection. Motorola blended its innovation with the expertise provided by Avigilon, Ava Security and Openpath. Powered by artificial intelligence capabilities, the solution significantly improves protection against various threats and enhances the safety of people and property. This is likely to have generated incremental revenues during the quarter.
In first-quarter 2023, Motorola secured a contract from Peel Regional Police in Canada to deploy its mission-critical PremierOne computer-aided dispatch software. The software enables real-time collaboration between agencies and offers sensitive critical data to enhance safety for officers and the nearly 1.4 million residents in the region. This helps to secure people, assets and facilities spanning large perimeters of sensitive areas.
During the to-be-reported quarter, Motorola deployed a new digital radio solution for NTA Metropolitan Mass Transit System Ltd. to provide safe, secure and reliable communications for Israel’s largest infrastructure project. Based on the mission-critical TETRA standard, the new communications system ensures swift collaboration between train crews and service staff across 34 train stations. It also extended the existing nationwide P25 communications network used by public safety agencies in Israel to help communicate in the underground tunnels and rail lines.
Riding on such state-of-the-art products, Motorola expects to record strong demand across video security and services, land mobile radio products and related software while benefiting from a solid foundation. These systems drive the demand for additional device sales and promote software upgrades and infrastructure expansion. The comprehensive suite of services ensures continuity and reduces risks related to critical communications operations. These developments are expected to have positively impacted its performance in the quarter.
The Zacks Consensus Estimate for the Products and Systems Integration segment’s revenues is pegged at $1,216 million. The figure indicates a rise from $1,103 million recorded in the year-ago quarter. The Zacks Consensus Estimate for the Services and Software segment’s revenues stands at $911 million, up from $789 million recorded in the year-earlier quarter.
For the March quarter, the Zacks Consensus Estimate for revenues is pegged at $2,125 million, which indicates growth from the year-ago quarter’s reported figure of $1,892 million. The consensus estimate for adjusted earnings per share stands at $2.06, which suggests an increase from $1.70 recorded in the prior-year quarter driven by top-line growth.
Earnings Whispers
Our proven model does not predict an earnings beat for Motorola in the first quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is not the case here.
Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is 0.00%, with both pegged at $2.06. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Motorola Solutions, Inc. Price and EPS Surprise
Motorola Solutions, Inc. price-eps-surprise | Motorola Solutions, Inc. Quote
Zacks Rank: Motorola carries a Zacks Rank #3.
Stocks to Consider
Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season:
Skyworks Solutions, Inc. (SWKS - Free Report) is set to release quarterly numbers on May 8. It has an Earnings ESP of +0.45% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Earnings ESP for MKS Instruments, Inc. (MKSI - Free Report) is +46.43% and it carries a Zacks Rank of 3. The company is scheduled to report quarterly numbers on May 3.
The Earnings ESP for Keysight Technologies, Inc. (KEYS - Free Report) is +0.09% and it carries a Zacks Rank of 2. The company is scheduled to report quarterly numbers on May 16.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.