Motorola Sees Q4 Adj. EPS $3.60-$3.65 vs $3.58 Est., Raises FY23 Revenue Guidance From $9.875B-$9.900B To $9.930B-$9.945B vs $9.92B Est.
Portfolio Pulse from Benzinga Newsdesk
Motorola has raised its Q4 adjusted EPS guidance to $3.60-$3.65, above the estimated $3.58. The company also increased its FY23 revenue guidance from $9.875B-$9.900B to $9.930B-$9.945B, slightly above the estimated $9.92B.
November 02, 2023 | 8:16 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Motorola's raised Q4 EPS and FY23 revenue guidance, both above estimates, may positively impact its stock price.
Motorola's raised guidance for Q4 EPS and FY23 revenue, both above estimates, indicates strong performance and growth. This positive financial news is likely to increase investor confidence and demand for the stock, potentially driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100