Investing.com - Motorola (NYSE:MSI) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Motorola announced earnings per share of $2.35 on revenue of $2.11B. Analysts polled by Investing.com anticipated EPS of $2.13 on revenue of $2.06B.
Motorola shares are up 48% from the beginning of the year and are trading at $251.74 , down-from-52-week-high.They are outperforming the S&P 500 which is up 24.62% from the start of the year.
Motorola follows other major Technology sector earnings this month
Motorola's report follows an earnings beat by Alphabet C on Tuesday, October 26, 2021, who reported EPS of $27.99 on revenue of $65.12B, compared to forecasts EPS of $23.83 on revenue of $63.53B.
Taiwan Semiconductor had beat expectations on Thursday, October 14, 2021 with third quarter EPS of $1.07 on revenue of $14.75B, compared to forecast for EPS of $1.04 on revenue of $14.81B.
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