Motorola Solutions (MSI) Tops Q3 EPS by 9c; Guides Q4 EPS Below the Street

Motorola Solutions (NYSE: MSI) reported Q3 EPS of $0.82, $0.09 better than the analyst estimate of $0.73. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.41 billion.

Motorola Solutions sees Q4 2015 EPS of $1.45-$1.50, versus the consensus of $1.57.

“Our business showed resilience in the third quarter despite a mixed global economic environment and significant currency headwinds,” said Greg Brown, chairman and CEO of Motorola Solutions. “We delivered a strong quarter of 32 percent earnings per share growth, additional cost reductions and more than $2 billion of capital return. We believe we are well positioned for significant growth in operating earnings and free cash flow per share."

For earnings history and earnings-related data on Motorola Solutions (MSI) click here.

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