Motorola: Q3 Earnings Snapshot

CHICAGO (AP) — CHICAGO (AP) — Motorola Solutions Inc. (MSI) on Wednesday reported third-quarter profit of $512 million.

The Chicago-based company said it had profit of $3.06 per share. Earnings, adjusted for amortization costs and stock option expense, were $4.69 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.41 per share.

The communications equipment maker posted revenue of $3.38 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $3.27 billion.

For the current quarter ending in December, Motorola expects its per-share earnings to range from $5.47 to $5.52.

The company expects full-year earnings in the range of $17.94 to $17.99 per share, with revenue expected to be $13.05 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSI at https://www.zacks.com/ap/MSI