Benzinga | Feb 4, 2021 04:36PM EST

Motorola Sees Q1 Adj. EPS $1.58-$1.64 vs $1.52 Est., Sees FY21 Adj. EPS $8.50-$8.62 vs $8.58 Est.

BUSINESS OUTLOOK

* First-quarter 2021 - The company expects revenue growth of 5.5% to 6% compared with the first quarter of 2020. The company expects non-GAAP earnings per share in the range of $1.58 to $1.64 per share. This assumes current foreign exchange rates, approximately 174 million fully diluted shares, and an effective tax rate of approximately 19%.

* Full-year 2021 - The company expects revenue growth of 7.25% to 8% and non-GAAP earnings per share in the range of $8.50 to $8.62 per share. This assumes current foreign exchange rates, 174 million fully diluted shares and a non-GAAP effective tax rate of 22.5% to 23%.