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Benzinga

Recap: Motorola Solns Q1 Earnings

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.