Domestic gadget maker Motorola Mobility
Analysts are looking for the company to post revenue of $2.96 billion for the quarter, which would be a couple percentage points less than the $3.03 billion it put up a year ago. The Street is also looking for adjusted earnings per share of a penny, which would be an improvement from the $0.08-per-share loss last time around.
Looking at Motorola's GAAP results paints a much gloomier picture, though. For example, last fiscal year Motorola reported a non-GAAP profit of $0.33 per share. On a GAAP basis, that figure became a loss of $0.84 per share. Of course, Moto isn't the only company to report non-GAAP figures, but those adjustments are more notable when they flip a negative sign into a positive sign for a full year.
Motorola's bottom line has been flirting with breakeven for years but mostly stays underwater.
Regardless of the digits that Motorola puts up, don't expect any real price movement, since Google's $12.5 billion offer still sits on the table, and Big G is still ready to swallow Moto whole, losses and all. Motorola did just win a preliminary International Trade Commission ruling against Apple
We'll also see whether Motorola has any specific updates for us on the merger.
I'll also be keeping an eye out for how many Android tablets Motorola shipped this quarter, especially as Amazon.com's
Motorola investors probably aren't really looking forward to the results tomorrow; they just want to know when Googorola will finally come about.