Driven by healthy demand trends across both segments, MSI surpasses fourth-quarter 2024 earnings estimates.
Motorola Solutions, Inc. (NYSE:MSI ) Q4 2024 Results Conference Call February 13, 2025 5:00 PM ET Company Participants Tim Yocum - Vice President of Investor Relations Greg Brown - Chairman and Chief Executive Officer Jason Winkler - Executive Vice President and Chief Financial Officer Jack Molloy - Executive Vice President and Chief Operating Officer Mahesh Saptharishi - Executive Vice President and Chief Technology Officer Conference Call Participants Alyssa Ann Shreves - Barclays Joseph Cardoso - JPMorgan Keith Housum - Northcoast Research Louie DiPalma - William Blair Tomer Zilberman - Bank of America Operator Good afternoon, and thank you for holding. Welcome to the Motorola Solutions Fourth Quarter 2024 Earnings Conference Call.
The headline numbers for Motorola (MSI) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Motorola Solutions (MSI -0.18%) is a leader in public safety and enterprise security, offering products and services such as land mobile radio (LMR) communications, video security, and command center software. On February 13, 2025, the company reported its fourth-quarter earnings for 2024, surpassing expectations.
Motorola (MSI) came out with quarterly earnings of $4.04 per share, beating the Zacks Consensus Estimate of $3.86 per share. This compares to earnings of $3.90 per share a year ago.
Safety and enterprise security services provider Motorola Solutions forecast first-quarter adjusted profit above Wall Street estimates on Thursday, driven by higher demand for its safety and security services.
MSI is expected to record top-line growth in the fourth quarter, driven by healthy demand trends and product innovation.
MSI deploys an advanced digital radio system to support the German Navy's Frigate F124 Sachsen's command-and-control operations.
Besides Wall Street's top -and-bottom-line estimates for Motorola (MSI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Motorola was refused permission to appeal against the British antitrust regulator's findings that it was making "supernormal" profits on its contract to provide communications to Britain's emergency services.
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Motorola Solutions Inc. (NYSE: MSI) - one of the largest suppliers of land-mobile-radio solutions - stock is up almost 50% since the beginning of 2024 (Jan. 10), compared to a 22% return of the S&P 500 over the same period. MSI's peer Juniper Networks stock is up 34% during the same period.