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Motorola (MSI) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

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Motorola (MSI - Free Report) reported $3.38 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 12.2%. EPS of $4.69 for the same period compares to $4.06 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $3.27 billion, representing a surprise of +3.39%. The company delivered an EPS surprise of +6.35%, with the consensus EPS estimate being $4.41.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Motorola performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Net Sales- Products and Systems Integration: $2.12 billion compared to the $2.04 billion average estimate based on four analysts. The reported number represents a change of +11.7% year over year.
  • Net Sales- Software and Services: $1.26 billion versus the four-analyst average estimate of $1.22 billion. The reported number represents a year-over-year change of +13.1%.
  • Sales- Mission Critical Networks (MCN)- Total: $2.51 billion versus $2.4 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +12.1% change.
  • Sales- Mission Critical Networks (MCN)- Software and Services: $727 million versus $711.91 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +13.1% change.
  • Sales- Mission Critical Networks (MCN)- Products and Systems Integration: $1.78 billion compared to the $1.68 billion average estimate based on three analysts. The reported number represents a change of +11.6% year over year.
  • Sales- Video- Products and Systems Integration: $334 million versus $342.69 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +11.7% change.
  • Sales- Command Center- Software and Services: $271 million versus $265.81 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +15.8% change.
  • Sales- Video- Software and Services: $260 million versus $254.31 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +10.6% change.
  • Sales- Video- Total: $594 million compared to the $597.01 million average estimate based on three analysts. The reported number represents a change of +11.2% year over year.
  • Net sales from products: $2 billion compared to the $1.95 billion average estimate based on two analysts. The reported number represents a change of +14.2% year over year.
  • Net sales from services: $1.38 billion versus $1.32 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +9.5% change.

View all Key Company Metrics for Motorola here>>>

Shares of Motorola have returned +7.6% over the past month versus the Zacks S&P 500 composite's -2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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