Motorola Solutions Forecasts Rising Adjusted Profit
07 Febbraio 2019 - 11:07PM
Dow Jones News
By Micah Maidenberg
Motorola Solutions Inc. (MSI) expects adjusted profit to
increase this year.
The Chicago communications technology company said adjusted
earnings in 2019 would likely be $7.55 a share to $7.70 a share, up
from $7.15 a share in 2018.
Sales growth for the year is likely to be 6% to 7%, down from
last year's 15% growth rate, Motorola said. Chief Executive Greg
Brown told The Wall Street Journal that acquisitions the company
completed last year drove up revenue, which is now expected to
normalize.
Organic revenue growth that adjusts for currency effects
"remains solid both last year and this year," Mr. Brown said.
Motorola expects revenue to rise 11% in the first quarter
compared with the year-earlier quarter and adjusted earnings of
$1.11 a share to $1.16 a share for the period.
Write to Micah Maidenberg at micah.maidenberg@wsj.com
(END) Dow Jones Newswires
February 07, 2019 16:52 ET (21:52 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Grafico Azioni Motorola Solutions (NYSE:MSI)
Storico
Da Lug 2024 a Ago 2024
Grafico Azioni Motorola Solutions (NYSE:MSI)
Storico
Da Ago 2023 a Ago 2024