MOT Issues In-line Q3 EPS Guidance

Motorola (MOT 7.89 +0.21) reported second quarter earnings of $0.09 per share, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of $0.08.

Revenues fell 1.5% year-over-year to $5.41 billion, above the $5.2 billion consensus.

For the third quarter, the company issued earnings guidance of $0.10 to $0.12 per share, excluding non-recurring items, versus $0.10 Thomson Reuters consensus.