Headquartered in Chicago, Illinois, Motorola Solutions, Inc. (MSI) is a leading global provider of mission-critical communications and analytics solutions, recognized for its innovation and reliability in public safety and enterprise security. With a strong focus on technology-driven growth and customer-centric solutions, Motorola Solutions holds a market cap of $78.9 billion and serves diverse industries across global markets. The company is set to release its Q4 earnings results on Thursday, Feb. 13.

Ahead of the events, analysts expect Motorola Solutions to report a profit of $3.57 per share, down 2.2% from $3.65 per share reported in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS projections over the past four quarters. 

Its EPS for the last reported quarter came in at $3.46, exceeding the consensus estimates by 11.6%. Motorola Solutions' Q3 growth is driven by strong demand for mission-critical technologies, strategic acquisitions, and expanding public safety initiatives.

For fiscal 2024, analysts expect Motorola to report an EPS of $12.57, up 14.4% from $10.99 in fiscal 2023. Looking ahead to fiscal 2025, the bottom line is anticipated to surge by 7.2% to $13.47 per share.

Motorola Solutions' shares have gained 44.5% over the past 52 weeks, significantly outperforming the S&P 500 Index's ($SPX) 25.8% gain and the Technology Select Sector SPDR Fund’s (XLK) 19.8% returns during the same period.

Motorola Solutions shares climbed 7.4% following its Q3 earnings release on Nov. 7. The company posted a 9% year-over-year revenue increase, reaching $2.79 billion and exceeding Wall Street's forecast of $2.76 billion. Operating cash flow rose to $759 million. The non-GAAP operating margin also improved to 29.7% of sales, a 70-basis-point increase from 29% in the prior-year quarter.

Looking ahead to the full year 2024, the company projects revenue growth of 8.25%, up from its earlier guidance of approximately 8%. This forecast assumes a fully diluted share count of about 171 million shares.

Motorola Solutions stock has a consensus “Strong Buy” rating overall. Out of the 12 analysts covering the stock, eight recommend a “Strong Buy,” one advises a “Moderate Buy,” and the remaining three analysts suggest a “Hold” rating.

MSI's average analyst price target is $519.33, indicating a potential upside of 9.1% from the current levels.