Motorola Earnings Preview: Can This Streak Continue?
Motorola (NYSE:MSI) will report earnings before markets open on Wednesday, April 24th. Motorola Solutions, Inc. manufactures two-way radios and accessories; mobile computers; wireless network infrastructure; private radio systems; bar code scanning and radio frequency identification equipment, and public safety broadband equipment.
Here is your Cheat Sheet to Motorola Earnings:
Earnings Expectations: Analysts expect earnings of $0.66 per share on revenues of $2.05 billion. Currently, the company’s P/E ratio stands at 20.66.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.85 to a profit $0.86. For the current year, the average estimate is a profit of $3.72, which is better than the estimate ninety days ago.
Here’s how Motorola has been performing on an annual basis:
|Revenue ($) in millions||25,110||6,947||7,617||8,203||8,698|
|Diluted EPS ($)||-13.11||-0.15||1.87||3.41||2.96|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||2,300||1,956||2,148||2,153||2,441|
|Diluted EPS ($)||0.59||0.49||0.61||0.72||1.14|
Motorola has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)