Wall Street analysts expect Motorola (MSI) to post quarterly earnings of $3.25 per share in its upcoming report, which indicates a year-over-year increase of 2.2%. Revenues are expected to be $2.7 billion, up 6.8% from the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 0.1% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific Motorola metrics that are commonly monitored and projected by Wall Street analysts.
According to the collective judgment of analysts, 'Net Sales- Products and Systems Integration' should come in at $1.61 billion. The estimate indicates a change of +4.3% from the prior-year quarter.
It is projected by analysts that the 'Net Sales- Software and Services' will reach $1.09 billion. The estimate points to a change of +10.7% from the year-ago quarter.
Analysts' assessment points toward 'Net sales from products' reaching $1.53 billion. The estimate points to a change of +5.5% from the year-ago quarter.
Analysts expect 'Net sales from services' to come in at $1.17 billion. The estimate indicates a change of +8.3% from the prior-year quarter.
View all Key Company Metrics for Motorola here>>>Over the past month, shares of Motorola have returned -0.7% versus the Zacks S&P 500 composite's +10% change. Currently, MSI carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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