Motorola Solutions, Inc. MSI is scheduled to report first-quarter 2018 earnings results after the closing bell on May 3.
The company is likely to report higher consolidated revenues on a year-over-year basis supported by healthy growth dynamics.
Whether this could result into an earnings beat remains to be seen.
Factors to Consider
During the first quarter, Motorola completed the acquisition of Avigilon, bringing an advanced video surveillance and analytics to Motorola Solutions' public safety, government and commercial customers.
The company announced three new solutions for enhanced mission-critical communications, including an app to share digital evidence. It plans to transform communications for first responders who use land-mobile radio and long-term evolution networks.
Motorola completed the acquisition of Plant Holdings, Inc., which holds the Airbus DS Communications business, from Airbus Defense and Space, Inc., an indirect subsidiary of Airbus SE. The acquisition strengthened Motorola Solutions' command center software portfolio as well as its Software Enterprise.
These factors are likely to lend momentum to the company's financial results. However, costs related to Motorola's acquisition strategy are likely to hurt its bottom-line growth.
The Zacks Consensus Estimate for total revenues for the quarter is pegged at $1,371 million, up from $1,281 million reported in the year-earlier quarter. Adjusted earnings per share is expected to be 86 cents compared with 71 cents reported in the year-ago quarter.
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