0742 GMT - Ericsson's consensus EPS estimates could be revised modestly higher after strong cost control drove a good third quarter, Morgan Stanley analysts write. The cost efficiencies drove an Ebita beat in cloud software services and in networks, and the fourth-quarter outlook is a touch stronger than consensus in mobile networks gross margins and cloud software services sales, the bank says. The outlook is weaker in enterprise sales though, it adds. Ericsson disclosed potential for higher cash returns at the fourth-quarter results. Morgan Stanley calculates that returning the Iconectiv sale proceeds would offer a 4% yield, but net cash is high so it could be more.(dominic.chopping@wsj.com)
(END) Dow Jones Newswires
October 14, 2025 03:42 ET (07:42 GMT)
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