Inside Motorola’s Upcoming Second Quarter Earnings Release

S&P 500 (NYSE:SPY) component Motorola, Inc. (NYSE:MSI) will unveil its latest earnings on Thursday, July 28, 2011. Motorola Solutions Inc provides technologies, products and services, including wireless handsets, digital entertainment devices, wireless accessories, set-top boxes and video distribution systems.

Motorola, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 44 cents per share, a decline of 30.2% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 46 cents. Between one and three months ago, the average estimate moved down, but it has been unchanged at 44 cents during the last month. For the year, analysts are projecting net income of $2.11 per share, a rise of more than twofold from last year.

Past Earnings Performance: The company topped estimates last quarter after missing forecasts the quarter prior. In the first quarter, it reported profit of 46 cents per share against a mean estimate of net income of 27 cents per share. In the fourth quarter of the last fiscal year, it missed forecasts by 3 cents.

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Wall St. Revenue Expectations: On average, analysts predict $2.03 billion in revenue this quarter, a decline of 62.5% from the year ago quarter. Analysts are forecasting total revenue of $8.25 billion for the year, a decline of 57.2% from last year’s revenue of $19.28 billion.

Analyst Ratings: Analysts seem relatively indifferent about Motorola with 15 of 22 analysts surveyed maintaining a hold rating.

Competitors to Watch: Nokia Corporation (NYSE:NOK), Siemens AG (NYSE:SI), Motorola Mobility Hldgs. Inc (NYSE:MMI), Polycom, Inc. (NASDAQ:PLCM), Cisco Systems, Inc. (NASDAQ:CSCO), Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC), EMS Technologies, Inc. (NASDAQ:ELMG), Harris Corporation (NYSE:HRS), CalAmp Corp. (NASDAQ:CAMP).

Stock Price Performance: During May 25, 2011 to July 22, 2011, the stock price had fallen $1.72 (-3.7%) from $46.49 to $44.77. The stock price saw one of its best stretches over the last year between March 15, 2011 and March 24, 2011 when shares rose for eight-straight days, rising 9.8% (+$3.95) over that span. It saw one of its worst periods between February 7, 2011 and February 16, 2011 when shares fell for eight-straight days, falling 4.1% (-$1.64) over that span. Shares are down $14.96 (-25%) year to date.

(Source: Xignite Financials)

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