MSI
$83.04
Motorola Solutions
($.26)
(.31%)

Earnings History

Earnings
Revenue
Reaction
Drift
EPS Below Estimates
Q 03/2012
1/25/2012
7:00:09 AM
$0.50 to $0.55
$0.56
-6.1%
-2.8%
Guidance:
Consensus:
Motorola Solutions Guides Below Estimates

Motorola Solutions, Inc. said it expects first quarter non-GAAP earnings of $0.50 to $0.55 per share. The current consensus earnings estimate is $0.56 per share for the quarter ending March 31, 2012.
Raises Guidance In-line with Estimates
Q 09/2012
7/25/2012
7:00:05 AM
$0.69 to $0.74
$0.69
$2.20 bill
5.6%
5.4%
Guidance:
Consensus:
Motorola Solutions Raises Guidance to be In-line with Estimates

Motorola Solutions, Inc. said it expects third quarter earnings of $0.69 to $0.74 per share on revenue of approximately $2.17 billion. The current consensus earnings estimate is $0.69 per share on revenue of $2.20 billion for the quarter ending September 30, 2012. The company also said it now expects 2012 revenue of $8.61 billion to $8.69 billion. The company's previous guidance was for revenue of approximately $8.61 billion and the current consensus revenue estimate is $8.67 billion for the year ending December 31, 2012.
EPS In-line/Revenue Below
Q 03/2013
1/23/2013
7:00:03 AM
$0.62 to $0.67
$0.67
$2.07 bill
0.4%
1.0%
Guidance:
Consensus:
Motorola Solutions Guides Revenue Below Estimates

Motorola Solutions, Inc. said it expects first quarter non-GAAP earnings of $0.62 to $0.67 per share on revenue of $2.03 billion to $2.05 billion. The current consensus earnings estimate is $0.67 per share on revenue of $2.07 billion for the quarter ending March 31, 2013.
EPS Below Estimates
Q 06/2013
4/24/2013
7:00:08 AM
$0.66 to $0.71
$0.75
-9.2%
3.0%
Guidance:
Consensus:
Motorola Solutions Guides Below Estimates

Motorola Solutions, Inc. said it expects second quarter earnings of $0.66 to $0.71 per share. The current consensus earnings estimate is $0.75 per share for the quarter ending June 30, 2013.
EPS & Revenue Below Estimates
Q 09/2013
7/24/2013
7:02:01 AM
$0.97 to $1.02
$1.16
$2.25 bill
-6.6%
-2.8%
Guidance:
Consensus:
Motorola Solutions Guides Below Estimates

Motorola Solutions, Inc. said it expects third quarter earnings of $0.97 to $1.02 per share on revenue of $2.09 billion to $2.15 billion. The current consensus earnings estimate is $1.16 per share on revenue of $2.25 billion for the quarter ending September 30, 2013.
EPS Above Estimates
FY 2013
10/23/2013
7:00:02 AM
$4.63 to $4.70
$8.70 bil
$4.43
$8.73 bil
3.3%
0.9%
Guidance:
Consensus:
Motorola Solutions Sees Earnings Above Estimates

Motorola Solutions, Inc. said it expects 2013 non-GAAP earnings of $4.63 to $4.70 per share on revenue of approximately $8.70 billion. The current consensus earnings estimate is $4.43 per share on revenue of $8.73 billion for the year ending December 31, 2013.
EPS & Revenue Below Estimates
Q 03/2014
1/22/2014
7:00:08 AM
$0.46 to $0.52
$0.77
$2.02 bill
-3.9%
0.2%
Guidance:
Consensus:
Motorola Solutions Guides Below Estimates

Motorola Solutions, Inc. said it expects first quarter non-GAAP earnings of $0.46 to $0.52 per share on revenue of $1.85 billion to $1.89 billion. The current consensus earnings estimate is $0.77per share on revenue of $2.02 billion for the quarter ending March 31, 2014.
Lowers Guidance
Q 03/2014
4/15/2014
6:35:27 AM
$0.50
$0.51
$1.88 bill
-0.6%
-2.7%
Guidance:
Consensus:
Motorola Solutions Sees Revenue Below Estimates

Motorola Solutions, Inc. said it now expects first quarter earnings of approximately $0.50 per share on revenue of approximately $1.80 billion. The company's previous guidance was earnings of $0.46 to $0.52 per share on revenue of $1.85 billion to $1.89 billion and the current consensus earnings estimate is $0.51 per share on revenue of $1.88 billion for the quarter ending March 31, 2014.
EPS & Revenue Below Estimates
Q 06/2014
5/1/2014
7:02:51 AM
$0.58 to $0.64
$0.81
$2.11 bill
-1.5%
11.6%
Guidance:
Consensus:
Motorola Solutions Guides Below Estimates

Motorola Solutions, Inc. said it expects second quarter earnings of $0.58 to $0.64 per share on revenue of $1.94 billion to $2.00 billion. The current consensus earnings estimate is $0.81 per share on revenue of $2.11 billion for the quarter ending June 30, 2014.
Provides Guidance
Q 09/2014
8/5/2014
7:02:39 AM
$0.35 to $0.41
$0.90
$2.12 bill
-4.2%
0.2%
Guidance:
Consensus:
Motorola Solutions Provides Guidance

Motorola Solutions, Inc. said it expects third quarter earnings of $0.35 to $0.41 per share on revenue of $1.92 billion to $1.96 billion. The current consensus earnings estimate is $0.90 per share on revenue of $2.12 billion for the quarter ending September 30, 2014, but does not compare to the company's guidance.
In-line Guidance
Q 12/2014
11/4/2014
7:02:42 AM
$1.13 to $1.19
$1.19
3.2%
-2.2%
Guidance:
Consensus:
Motorola Solutions Provides Guidance

Motorola Solutions, Inc. said it expects fourth quarter non-GAAP earnings of $1.13 to $1.19 per share. The current consensus earnings estimate is $1.19 per sharefor the quarter ending December 31, 2014.
EPS In-line/Revenue Below
FY 2015
2/4/2015
7:00:51 AM
$3.15 to $3.35
-0.1%
6.9%
Guidance:
Consensus:
Motorola Solutions Guides 2015 Revenue Below Estimates

Motorola Solutions, Inc. said it expects first quarter non-GAAP earnings of $0.22 to $0.27 per share. The current consensus earnings estimate is $0.46 per share for the quarter ending March 31, 2015. The company also said it expects 2015 earnings of $3.15 to $3.35 per share on revenue of $5.76 billion to $5.88 billion. The current consensus earnings estimate is $3.34 per share on revenue of $5.98 billion for the year ending December 31, 2015.
Raises Guidance In-line with Estimates
FY 2015
5/6/2015
7:00:18 AM
$3.20 to $3.40
$3.26
0.3%
-1.8%
Guidance:
Consensus:
Motorola Solutions Raises Guidance, but Remains In-line with Estimates

Motorola Solutions, Inc. said it expects second quarter non-GAAP earnings of $0.51 to $0.56 per share and now expects 2015 earnings of $3.20 to $3.40 per share. The company's previous guidance was for 2015 earnings of $3.15 to $3.35 per share. The current consensus earnings estimate is $0.60 per share for the quarter ending June 30, 2015 and $3.26 per share for the year ending December 31, 2015.
Q3 Below/FY In-line
FY 2015
8/5/2015
7:00:08 AM
$3.20 to $3.40
$3.27
6.3%
1.9%
Guidance:
Consensus:
Motorola Solutions Reaffirms

Motorola Solutions, Inc. said it expects third quarter earnings of $0.68 to $0.73 per share and continues to expect 2015 non-GAAP earnings of $3.20 to $3.40 per share. The current consensus earnings estimate is $0.83 per share for the quarter ending September 30, 2015 and $3.27 per share for the year ending December 31, 2015.
EPS & Revenue Below Estimates
Q 12/2015
11/4/2015
7:00:04 AM
$1.45 to $1.50
$1.57
$1.81 bill
-8.6%
2.8%
Guidance:
Consensus:
Motorola Solutions Guides Below Estimates

Motorola Solutions, Inc. said it expects fourth quarter non-GAAP earnings of $1.45 to $1.50 per share on revenue of $1.68 billion to $1.71 billion. The current consensus earnings estimate is $1.57 per share on revenue of $1.81 billion for the quarter ending December 31, 2015.
2016 Above Estimates
FY 2016
2/22/2016
4:10:01 PM
$4.45 to $4.65
6.0%
1.6%
Guidance:
Consensus:
Motorola Solutions Guides First Quarter Mixed; 2016 Above Estimates

Motorola Solutions, Inc. said it expects first quarter non-GAAP earnings of $0.37 to $0.42 per share on revenue of $1.15 billion to $1.17 billion and 2016 earnings of $4.45 to $4.65 per share on revenue of $5.98 billion to $6.09 billion. The current consensus earnings estimate is $0.42 per share on revenue of $1.19 billion for the quarter ending March 31, 2016 and $3.85 per share on revenue of $5.68 billion for the year ending December 31, 2016.
Reaffirms
FY 2016
5/5/2016
4:10:03 PM
$4.45 to $4.65
$5.98 bil to $6.09 bil
$4.58
-5.0%
-1.8%
Guidance:
Consensus:
Motorola Solutions Reaffirms for the Year

Motorola Solutions, Inc. said it expects second quarter earnings of $0.82 to $0.88 per share and continues to expect 2016 earnings of $4.45 to $4.65 per share on revenue of $5.98 billion to $6.09 billion. The current consensus earnings estimate is $0.95 per share for the quarter ending June 30, 2016 and $4.58 per share on revenue of $6.01 billion for the year ending December 31, 2016.
Reaffirms
FY 2016
8/4/2016
4:12:27 PM
$4.45 to $4.65
$5.98 bil to $6.09 bil
$4.50
4.6%
5.9%
Guidance:
Consensus:
Motorola Solutions Reaffirms

Motorola Solutions, Inc. said it expects third quarter non-GAAP earnings of $1.17 to $1.22 per share and continues to expect 2016 earnings of $4.45 to $4.65 per share on revenue of $5.98 billion to $6.09 billion. The current consensus earnings estimate is $1.24 per share for the quarter ending September 30, 2016 and $4.50 per share on revenue of $6.12 billion for the year ending December 31, 2016.
In-line Guidance
Q 12/2016
11/3/2016
4:10:14 PM
$1.82 to $1.87
$1.87
$1.84 bill
6.5%
10.8%
Guidance:
Consensus:
Motorola Solutions Guides In-line

Motorola Solutions, Inc. said it expects fourth quarter earnings of $1.82 to $1.87 per share on revenue of $1.83 billion to $1.85 billion. The current consensus earnings estimate is $1.87 per share on revenue of $1.84 billion for the quarter ending December 31, 2016.
Date
Grade
Actual
Earnings
Whisper
Consensus
Estimate
Surprise
Growth
Gap
Drift
1/25/2012
7:00:09 AM
Dec '11
Q4 '11
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.85
$2.3 Bil
$0.84
$0.81
$2.3 Bil
1.2%
0.9%
-8.1%
-59.4%
0.0%
-2.8%
4/25/2012
7:00:05 AM
Mar '12
Q1 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.50
$2.0 Bil
-
$0.47
$1.9 Bil
6.4%
1.3%
-0.1%
3.8%
1.4%
4.1%
7/25/2012
7:00:05 AM
Jun '12
Q2 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.60
$2.1 Bil
-
$0.62
$2.1 Bil
-3.2%
1.8%
-11.5%
4.5%
0.5%
5.4%
10/24/2012
7:00:02 AM
Sep '12
Q3 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.72
$2.2 Bil
-
$0.61
$2.2 Bil
18.0%
0.1%
9.1%
2.3%
1.5%
2.3%
1/23/2013
7:00:03 AM
Dec '12
Q4 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$0.99
$2.4 Bil
-
$0.92
$2.5 Bil
7.6%
-0.4%
10.6%
6.1%
-0.3%
1.0%
4/24/2013
7:00:08 AM
Mar '13
Q1 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$0.55
$2.0 Bil
-
$0.56
$2.1 Bil
-1.8%
-3.8%
-1.7%
0.9%
-11.3%
3.0%
7/24/2013
7:02:01 AM
Jun '13
Q2 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$1.03
$2.1 Bil
-
$0.92
$2.1 Bil
12.0%
-1.1%
59.5%
-1.9%
-6.0%
-2.8%
10/23/2013
7:00:02 AM
Sep '13
Q3 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$1.23
$2.1 Bil
-
$0.92
$2.1 Bil
33.7%
-0.8%
58.3%
-1.9%
2.1%
0.9%
1/22/2014
7:00:08 AM
Dec '13
Q4 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$1.57
$2.5 Bil
-
$1.50
$2.5 Bil
4.7%
0.6%
45.0%
2.6%
-4.9%
0.2%
5/1/2014
7:02:51 AM
Mar '14
Q1 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G F
EPS
Rev
$0.49
$1.8 Bil
$0.50
$0.50
$1.9 Bil
-2.0%
-4.2%
-33.5%
-8.7%
-5.1%
11.6%
8/5/2014
7:02:39 AM
Jun '14
Q2 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$0.40
$1.4 Bil
-
$0.52
$2.0 Bil
-23.1%
-28.9%
-63.2%
-33.9%
-4.0%
0.2%
11/4/2014
7:02:42 AM
Sep '14
Q3 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.35
$1.4 Bil
-
$0.36
$1.4 Bil
-2.8%
3.3%
-73.5%
-32.0%
0.4%
-2.2%
2/4/2015
7:00:51 AM
Dec '14
Q4 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.22
$1.8 Bil
-
$1.03
$1.8 Bil
18.4%
2.4%
-31.1%
-27.2%
0.2%
6.9%
5/6/2015
7:00:18 AM
Mar '15
Q1 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.32
$1.2 Bil
-
$0.22
$1.2 Bil
45.5%
2.8%
-33.7%
-32.1%
3.0%
-1.8%
8/5/2015
7:00:08 AM
Jun '15
Q2 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.62
$1.4 Bil
-
$0.48
$1.3 Bil
29.2%
2.1%
24.1%
-1.8%
5.3%
1.9%
11/4/2015
7:00:04 AM
Sep '15
Q3 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$0.76
$1.4 Bil
-
$0.65
$1.4 Bil
16.9%
0.9%
78.3%
-1.0%
-4.6%
2.8%
2/22/2016
4:10:01 PM
Dec '15
Q4 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$1.50
$1.7 Bil
$1.45
$1.40
$1.7 Bil
3.4%
-0.5%
-5.5%
-7.7%
4.9%
1.6%
5/5/2016
4:10:03 PM
Mar '16
Q1 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.49
$1.2 Bil
$0.46
$0.40
$1.2 Bil
6.5%
2.0%
7.2%
-2.5%
-3.2%
-1.8%
8/4/2016
4:12:27 PM
Jun '16
Q2 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$1.03
$1.4 Bil
-
$0.90
$1.4 Bil
14.4%
2.9%
41.0%
4.5%
0.2%
5.9%
11/3/2016
4:10:14 PM
Sep '16
Q3 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$1.30
$1.5 Bil
-
$1.14
$1.5 Bil
14.0%
1.5%
43.5%
7.7%
1.8%
10.8%
EPS
Rev
-
-
-
$1.78
$1.8 Bil
-
-
18.7%
9.4%
EPS
Rev
-
-
-
$0.57
$1.3 Bil
-
-
16.3%
6.5%
1/27/2011
$38.58
$0.96
$19.28 Bil
-
-
-
1/25/2012
$44.94
$2.27
$8.20 Bil
136.5%
-57.5%
16.5%
1/23/2013
$58.54
$2.79
$8.70 Bil
22.9%
6.0%
30.3%
1/22/2014
$64.51
$4.34
$8.70 Bil
55.6%
0.0%
10.2%
2/4/2015
$63.94
$2.41
$5.88 Bil
-44.5%
-32.4%
-0.9%
2/22/2016
$66.75
$3.07
$5.70 Bil
27.4%
-3.2%
4.4%
2/22/2017
$83.04
$4.49
$6.00 Bil
46.3%
5.4%
24.4%
2/22/2018
-
$4.74
$6.11 Bil
5.6%
1.8%
-
2/22/2019
-
-
-
-
-
-

Price Projection

Current Value
$81
-2%
Projected Price
-
-