Motorola Solutions Inc. Q3 Profit Climbs 35%

(RTTNews) - Motorola Solutions Inc. (MSI) announced earnings for its third quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $224 million, or $0.71 per share. This was up from $166 million, or $0.52 per share, in last year's third quarter.

Analysts had expected the company to earn $0.57 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.6% to $1.28 billion. This was up from $1.19 billion last year.

Motorola Solutions Inc. earnings at a glance:

-Earnings (Q3): $224 Mln. vs. $166 Mln. last year. -Earnings Growth (Y-o-Y): 34.9% -EPS (Q3): $0.71 vs. $0.52 last year. -EPS Growth (Y-o-Y): 36.5% -Analysts Estimate: $0.57 -Revenue (Q3): $1.28 Bln vs. $1.19 Bln last year. -Revenue Change (Y-o-Y): 7.6%

-Guidance: Full year EPS guidance: $5.08 to $5.23