Telefonaktiebolaget LM Ericsson ERIC.OQ, ERIC.O is expected to show a fall in quarterly revenue when it reports results on April 15 for the period ending March 31 2025
The Stockholm-based company is expected to report a 2.8% decrease in revenue to $4.988 billion from $5.13 billion a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Telefonaktiebolaget LM Ericsson is for earnings of 7 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 5 "hold" and 3 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Telefonaktiebolaget LM Ericsson is $6.84, below its last closing price of $7.11.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 0.20 | 0.20 | 0.20 | Met | -1.5 |
Sep. 30 2024 | 0.10 | 0.09 | 0.16 | Beat | 72.2 |
Jun. 30 2024 | 0.05 | 0.05 | -0.27 | Missed | -600.7 |
Mar. 31 2024 | 0.00 | 0.04 | 0.08 | Beat | 100 |
Dec. 31 2023 | 0.15 | 0.16 | 0.16 | Met | 3.4 |
Sep. 30 2023 | 0.08 | 0.07 | 0.08 | Beat | 11.8 |
Jun. 30 2023 | 0.04 | 0.04 | 0.07 | Beat | 67.5 |
Mar. 31 2023 | 0.04 | 0.06 | 0.10 | Beat | 72.7 |
This summary was machine generated April 11 at 05:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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