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Motorola to Report Q3 Earnings: Can Healthy Revenues Drive Growth?

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Key Takeaways

  • MSI is set to report Q3 2026 results, with revenues expected to rise year over year to $3.27 billion.
  • MSI may benefit from D-Fend and technology deployment at the 2026 Central American and Caribbean Games.
  • Services and Software revenues are expected to reach $1.22 billion, up from $1.11 billion a year earlier.

Motorola Solutions, Inc. (MSI - Free Report) is scheduled to report third-quarter 2026 results on Nov. 4, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 14.25%. It pulled off a trailing four-quarter earnings surprise of 7.17%, on average, beating estimates on all previous occasions.

The Chicago, IL-based company is expected to have reported year-over-year revenue growth, supported by solid demand across its core businesses, disciplined cost management and continued execution of its operational initiatives.

Factors at Play

During the third quarter of 2026, Motorola Solutions is expected to have benefited from the acquisition of D-Fend Solutions, which expanded its counter-drone technology portfolio. The addition could have strengthened its presence in defense and public safety markets and supported long-term revenue growth.

During the quarter under review, Motorola Solutions' technology deployment at the XXV Central American and Caribbean Games 2026 is likely to have reinforced demand for its mission-critical communications and security solutions. The deployment could have strengthened customer relationships and contributed positively to the company's quarterly performance.

Motorola Solutions' $139 million contract with Louisiana might have improved its revenue visibility during the to-be-reported quarter. The agreement could have driven demand for advanced public safety technologies while creating opportunities for recurring services and future technology upgrades.

The Zacks Consensus Estimate for the Products and Systems Integration segment’s revenues is pegged at $2.04 billion. The figure indicates a rise from $1.9 billion recorded in the year-ago quarter. The Zacks Consensus Estimate for the Services and Software segment’s revenues is pegged at $1.22 billion compared with $1.11 billion recorded in the year-ago quarter. 

For the September quarter, the Zacks Consensus Estimate for revenues is pegged at $3.27 billion, which indicates growth from the year-ago quarter’s reported figure of $3.01 billion. The consensus estimate for adjusted earnings per share is pegged at $4.41, implying growth from $4.06 reported in the prior-year quarter.

Earnings Whispers

Our proven model does not predict an earnings beat for Motorola for the third 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%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: Motorola carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Motorola Solutions, Inc. Price and EPS Surprise

Motorola Solutions, Inc. Price and EPS Surprise

Motorola Solutions, Inc. price-eps-surprise | Motorola Solutions, Inc. Quote

 

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:

The Earnings ESP for Microchip Technology Incorporated (MCHP - Free Report) is +3.31%, and it carries a Zacks Rank of 2 at present. The company is scheduled to report second-quarter fiscal 2027 numbers on Nov. 5.

The Earnings ESP for Yelp Inc. (YELP - Free Report) is +12.50%, and it carries a Zacks Rank of 2 at present. The company is scheduled to report third-quarter 2026 numbers on Nov. 5.

NVIDIA Corporation (NVDA - Free Report) has an Earnings ESP of +3.46% and carries a Zacks Rank #2 at present. It is set to release its third-quarter fiscal 2027 numbers on Nov. 17.

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