Core Viewpoint - Motorola (MSI) reported quarterly earnings of $3.24 per share, exceeding the Zacks Consensus Estimate of $3.01 per share, and showing an increase from $2.65 per share a year ago, indicating a strong performance in the communications equipment sector [1] Financial Performance - The company achieved revenues of $2.63 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.53% and up from $2.4 billion in the same quarter last year [2] - Over the last four quarters, Motorola has consistently exceeded consensus EPS estimates and revenue expectations [2] Stock Performance - Motorola shares have increased approximately 27.4% since the beginning of the year, outperforming the S&P 500's gain of 15.8% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations for continued outperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $3.33, with projected revenues of $2.72 billion, and for the current fiscal year, the EPS estimate is $13.09 on revenues of $10.68 billion [7] - The trend of estimate revisions for Motorola has been favorable leading up to the earnings release [6] Industry Context - The Wireless Equipment industry, to which Motorola belongs, is currently ranked in the bottom 23% of over 250 Zacks industries, which may impact stock performance [8] - Another company in the same industry, ViaSat (VSAT), is expected to report a quarterly loss of $0.42 per share, reflecting a year-over-year change of +49.4% [9]

Motorola logo is seen inside Motorola Solutions office in Krakow, Poland on February 22, 2022. ... [+] (Photo by Beata Zawrzel/NurPhoto via Getty Images) Motorola Solutions (NYSE: MSI) - one of the largest suppliers of land-mobile-radio solutions - has seen its stock rise 25% year-to-date. This compares to Ericsson stock which has gained just about 4% over the same period. Motorola is poised to report its Q2 2024 earnings in early August and we expect revenues to come in at $2.6 billion, up about 8% versus ...

Group 1: Motorola's Role in Public Safety - Motorola Solutions Inc. (MSI) has partnered with Milwaukee and Waukesha counties to enhance public safety and emergency communication through the Wisconsin Public Safety Network (WiPSN) [4][8] - The transition to WiPSN has processed 4 million radio calls for over 190 agencies, significantly improving the reliability and interoperability of radio systems for first responders [5] - The new network design features interconnected transmitters in redundant loops, ensuring uninterrupted communication and enhancing emergency response times [7] Group 2: Market Position and Growth Potential - Motorola is well-positioned to benefit from organic growth, acquisition initiatives, and a favorable global macroeconomic environment, which supports long-term growth prospects [2] - The company has a steady revenue stream from the mission-critical communication market and aims to strengthen its position in public safety through strategic alliances [9] - The stock has gained 33.8% over the past year, although it lags behind the industry's rise of 45% [6]

Motorola Solutions, Inc. (MSI) recently announced the inauguration of a new research and development center in Cork, Ireland. Motorola already boasts a strong presence in the country. The company acquired TETRA Ireland Communications Limited in 2022 to strengthen its land mobile radio (LMR) communications portfolio and its worldwide Managed & Support Services business. Motorola currently provides its secure communications network to emergency services for Ireland's National Digital Radio Service. Motorola's ...

Motorola Solutions, Inc. (MSI) recently introduced VESTA NXT, an advanced AI-enabled 9-1-1 software designed to improve the efficiency of 9-1-1 call handlers and dispatchers. Telecommunicators face a series of challenges in their day-to-day operations. They often receive a large amount of information from various sources, including callers, databases and public safety systems. This data must be quickly verified and analyzed to extract critical details. However, fragmented information sources and data overlo ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

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Motorola Solutions (MSI) recently announced that José Joaquín de Olmedo International Airport, in the city of Guayaquil, Ecuador, has opted to deploy Motorola's AI-powered video security solution, the Avigilon Unity. The AI native video management software with cloud-managed capabilities delivers real-time actionable intelligence. The Avigilon Adapt AI Analytics brings facial recognition features that swiftly locate people of interest and provide real-time alerts about unusual crowd gatherings. Additionally ...

Financial Performance - For the current fiscal year, Motorola is expected to post earnings of $13.08 per share on revenues of $10.68 billion, reflecting a 9.46% change in EPS and a 7.05% change in revenues [1] - For the next fiscal year, the company is projected to earn $14.12 per share on revenues of $11.28 billion, indicating a year-over-year change of 7.97% in EPS and 5.58% in revenues [1] - Motorola reported EPS of $2.81 in its last earnings report, surpassing the consensus estimate of $2.52, and beat the revenue estimate by 1.9% [6] Stock Performance - Motorola shares have increased by 3.9% over the past month and reached a new 52-week high of $382.92 [5] - The stock has gained 22.3% since the beginning of the year, compared to a 26% increase in the Zacks Computer and Technology sector and a 36.7% return in the Zacks Wireless Equipment industry [5] Valuation Metrics - The stock currently trades at 29.3X current fiscal year EPS estimates, which is a premium compared to the peer industry average of 15.3X [8] - On a trailing cash flow basis, Motorola trades at 28.3X versus the peer group's average of 16.6X, with a PEG ratio of 3.09 [8] - Motorola has a Value Score of D, while its Growth and Momentum Scores are A and C, respectively, resulting in a VGM Score of B [3] Zacks Rank and Investment Potential - Motorola holds a Zacks Rank of 2 (Buy), indicating rising earnings estimates and potential for future performance [9] - The company meets the criteria for investors looking for stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B [4]

Arista Networks, Inc. (ANET) , sporting a Zacks Rank #1 at present, is likely to benefit from strong momentum and diversification across its top verticals and product lines. The company has a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud experience. Arista has a long-term earnings growth expectation of 15.68% and delivered an earnings surprise of 15.39%, on average, in the trailing four quarters. It holds a leadership position in 100-gigabit ...