Motorola Solutions and Safety Stocks Post Strong Q2 Results

Earnings
โดย Yahoo Finance·US·Read original
Summary · why it matters

Motorola Solutions and other safety and security services stocks reported a very strong second quarter, with group revenues beating analysts' consensus estimates by 3.6%. Motorola Solutions posted revenues of $3.13 billion, up 13.3% year on year, exceeding expectations by 4.4%, and raised its full-year guidance. GEO Group reported revenues of $732.1 million, up 15.1% year on year, while CoreCivic delivered the biggest beat with revenues of $684.9 million, up 27.3% year on year. Brink's revenues of $1.39 billion were in line with estimates, and MSA Safety posted revenues of $503.3 million, up 6.2% year on year. Share prices of the group have held steady, up 2.9% on average since the latest earnings results.

Impact on stocks 5

Industrials · 3 stocks
CoreCivic Inc
CXW
▲ PositiveCapitalrelevance

Delivered biggest revenue beat, up 27.3% year on year.

Geo Group Inc
GEO
▲ PositiveCapitalrelevance

Revenues up 15.1% year on year, beating consensus.

Brinks Company
BCO
▲ PositiveCapitalrelevance

Revenues in line with estimates, part of strong Q2 results for safety stocks.

Smart City / Autonomous Infrastructure · 1 stocks
Defense & Geopolitical Fragmentation · 1 stocks
MSA Safety
MSA
▲ PositiveCapitalrelevance

Revenues up 6.2% year on year, contributing to group beat.