For the last five quarters, Motorola Solutions (NYSE:MSI) has exceeded analyst expectations. The company will try to continue the streak when it reports its latest earnings on Wednesday, July 25, 2012.
Analysts currently expect Motorola Solutions to come in with earnings of 62 cents per share on revenues of $2.11 billion. Estimates from analysts range from earnings per share to earnings per share. Over the past three months, the average estimate has moved up from 61 cents.
The stock fell $3.16 per share between July 3, 2012 and July 12, 2012. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $1.93 (-4%), from $48.59 to $46.66.
Company Fundamental Trends On the heels last quarter's revenue increase, the company is focused on getting back on track after snapping a string of quarters spend in the red. Before climbing in the first quarter, revenue had decreased 62% in the second quarter of the last fiscal year, 57% in the third quarter of the last fiscal year and 60.6% in the fourth quarter of the last fiscal year. After negative results the last two quarters, the company has a chance to recover during the upcoming earnings period. Net income fell 37.2% during the fourth quarter of the last fiscal year and yet again in the first quarter.
Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's Results
In the first quarter, profit fell 68.4% to $157 million (49 cents a share) from $497 million ($1.44 a share) the year earlier, but exceeded analyst expectations. Revenue rose 3.8% to $1.96 billion from $1.88 billion.
Reporting Period: 2Q
Date of Release: Wednesday, July 25, 2012 before market open
EPS: 62 cents
Revenue Estimate: $2.11 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)