BUZZ-Motorola slides as quarterly forecast disappoints

Reuters
05-03
BUZZ-Motorola slides as quarterly forecast disappoints

** Shares of telecommunication equipment company Motorola Solutions MSI.N fall 6.6% to $410.17

** Late on Thursday, company forecast Q2 adj. profit per share to be between $3.32 and $3.37; analysts were expecting Q2 adj. profit of $3.47 per share, according to data compiled by LSEG

** Company expects Q2 sales growth of 4%, below analysts' estimates of 5.3%

** MSI reported Q1 sales of $2.53 bln vs analysts' estimates of $2.52 bln

** Company reported Q1 adj. profit of $3.18/share, vs estimates of $3.01

** Company expects tariffs to increase costs by up to $100 mln this year, impacting full-year EPS by about 40 cents - CEO Gregory Brown said in a post-earnings call

** Brokerage Morningstar said that company's earnings are expected to be "more insulated in a tariff war than most other hardware players"

** Including session's move, stock down 11% YTD

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10