Motorola Solns (NYSE:MSI) reported its Q1 earnings results on Thursday, May 12, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Motorola Solns beat estimated earnings by 5.59%, reporting an EPS of $1.7 versus an estimate of $1.61.
Revenue was up $119.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 6.98% drop in the share price the next day.
Here's a look at Motorola Solns's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.74 | 2.12 | 1.92 | 1.62 |
| EPS Actual | 2.85 | 2.35 | 2.07 | 1.87 |
| Revenue Estimate | 2.33B | 2.04B | 1.94B | 1.75B |
| Revenue Actual | 2.32B | 2.11B | 1.97B | 1.77B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Motorola Solns management provided guidance for FY 2022, expecting earnings between $9.8 and $9.95 per share.
To track all earnings releases for Motorola Solns visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
