SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: William Hunt who wrote (70388)4/11/2000 9:09:00 AM
From: Calvin  Respond to of 152472
 
Tuesday April 11, 8:56 am Eastern Time
Motorola pegs Q2 EPS at 67 cents, below consensus
CHICAGO, April 11 (Reuters) - Motorola Inc. (NYSE:MOT - news), the world's second-largest wireless phone maker, said on Tuesday it expected to record second-quarter earnings per share of 67 cents, which would be three cents below Wall Street estimates.

In a conference call with analysts and reporters, Motorola said it expected second-quarter revenues to reach $9.5 billion, and pegged full-year 2000 revenues at $39.8 billion and earnings per share at $3.14.

The full-year earnings forecast was two cents above Motorola's earlier estimate provided in January, but four cents below the First Call/Thomson Financial consensus estimate of $3.18 per share.

Schaumburg, Ill.-based Motorola said on Monday its first-quarter earnings before one-time items jumped 144 percent to $449 million, or 59 cents per share, a penny ahead of the First Call/Thomson Financial consensus estimate.

In pre-opening trade, shares in Motorola slipped to 147 from Monday's closing price of 149.