Motorola Solutions (NYSE: MSI) reported earnings on April 24. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 30 (Q1), Motorola Solutions missed estimates on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue grew slightly. Non-GAAP earnings per share grew. GAAP earnings per share expanded significantly.

Gross margins contracted, operating margins contracted, net margins grew.

Revenue details
Motorola Solutions recorded revenue of $1.97 billion. The 16 analysts polled by S&P Capital IQ expected sales of $2.05 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.66. The 19 earnings estimates compiled by S&P Capital IQ predicted $0.67 per share. Non-GAAP EPS of $0.66 for Q1 were 12% higher than the prior-year quarter's $0.59 per share. (The prior-year quarter included -$0.01 per share in earnings from discontinued operations.) GAAP EPS of $0.68 for Q1 were 39% higher than the prior-year quarter's $0.49 per share. (The prior-year quarter included -$0.01 per share in earnings from discontinued operations.)

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 48.4%, 130 basis points worse than the prior-year quarter. Operating margin was 10.9%, 140 basis points worse than the prior-year quarter. Net margin was 9.7%, 170 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $2.25 billion. On the bottom line, the average EPS estimate is $0.86.

Next year's average estimate for revenue is $9.16 billion. The average EPS estimate is $3.71.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,947 members out of 2,381 rating the stock outperform, and 434 members rating it underperform. Among 426 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 353 give Motorola Solutions a green thumbs-up, and 73 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Motorola Solutions is outperform, with an average price target of $58.07.

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