Advertisement
Canada markets open in 2 hours 13 minutes

  • S&P/TSX

    24,822.54
    +132.04 (+0.53%)
     

  • S&P 500

    5,864.67
    +23.20 (+0.40%)
     

  • DOW

    43,275.91
    +36.81 (+0.09%)
     

  • CAD/USD

    0.7237
    -0.0011 (-0.15%)
     

  • CRUDE OIL

    70.80
    +1.58 (+2.28%)
     

  • Bitcoin CAD

    94,434.83
    -65.11 (-0.07%)
     

  • XRP CAD

    0.77
    +0.02 (+3.00%)
     

  • GOLD FUTURES

    2,749.30
    +19.30 (+0.71%)
     

  • RUSSELL 2000

    2,276.09
    -4.76 (-0.21%)
     

  • 10-Yr Bond

    4.0730
    -0.0230 (-0.56%)
     

  • NASDAQ futures

    20,372.50
    -111.00 (-0.54%)
     

  • VOLATILITY

    19.07
    +1.04 (+5.77%)
     

  • FTSE

    8,341.18
    -17.07 (-0.20%)
     

  • NIKKEI 225

    38,954.60
    -27.15 (-0.07%)
     

  • CAD/EUR

    0.6667
    +0.0001 (+0.02%)
     

Motorola: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

CHICAGO (AP) — CHICAGO (AP) — Motorola Solutions Inc. (MSI) on Thursday reported second-quarter profit of $443 million.

The Chicago-based company said it had profit of $2.60 per share. Earnings, adjusted for one-time gains and costs, were $3.24 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.01 per share.

The communications equipment maker posted revenue of $2.63 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $2.59 billion.

For the current quarter ending in September, Motorola expects its per-share earnings to range from $3.32 to $3.37.

The company expects full-year earnings in the range of $13.22 to $13.30 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSI at https://www.zacks.com/ap/MSI