Motorola Solns Q2 EPS $2.65 Beats $2.51 Estimate, Sales $2.40B Beat $2.36B Estimate
Portfolio Pulse from Benzinga Newsdesk
Motorola Solutions (NYSE:MSI) reported Q2 earnings of $2.65 per share, beating the analyst consensus estimate of $2.51 by 5.58%. This is a 28.02% increase from the same period last year. The company also reported quarterly sales of $2.40 billion, beating the analyst consensus estimate of $2.36 billion by 1.82%, a 12.29% increase from the same period last year.
August 04, 2023 | 2:32 pm
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POSITIVE IMPACT
Motorola Solutions' Q2 earnings and sales beat estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Motorola Solutions reported better than expected Q2 earnings and sales, which is typically a positive signal for the company's stock. Investors may react positively to this news, potentially leading to an increase in the stock price in the short term.
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