Ericsson Guidance Looks Uninspiring

Dow Jones
07/14

0657 GMT - Ericsson's second quarter was saved by cost cutting, but the outlook appears uninspiring, Bernstein analyst Ulrich Rathe writes. Ericsson missed consensus on revenue and gross profit, but posted a beat on adjusted Ebita due to efficiency measures. The networks unit was soft across the board, with revenue missing guidance as management commented on project delays into the third quarter. The closely watched networks gross margin was guided down by about 1 percentage point for the third quarter, and even with revenue upside from project deferrals, the guidance is unlikely to drive networks Ebita consensus up, the bank adds. "Overall we see little to write home about here." Bernstein rates Ericsson stock at underperform with a 73 Swedish kronor price target. Shares closed at 112.75 kronor. (dominic.chopping@wsj.com)

 

(END) Dow Jones Newswires

July 14, 2026 02:57 ET (06:57 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10