- Ericsson’s 2Q net sales reached SEK 59.85 billion, surpassing the estimate of SEK 58.54 billion.
- Networks net sales were SEK 37.68 billion, higher than the estimated SEK 36.94 billion.
- Networks (products) net sales totaled SEK 28.58 billion, compared to the estimate of SEK 27.82 billion.
- Networks (services) net sales came in at SEK 9.10 billion, exceeding the estimate of SEK 8.66 billion.
- Cloud Software & Services net sales were SEK 15.18 billion, versus the estimate of SEK 14.91 billion.
- Cloud Software & Services (Products) net sales were SEK 4.81 billion, slightly below the estimate of SEK 5.09 billion.
- Cloud Software & Services (Services) net sales amounted to SEK 10.37 billion, above the estimate of SEK 9.69 billion.
- Enterprise net sales reached SEK 6.48 billion, slightly higher than the estimate of SEK 6.45 billion.
- Market analysts’ recommendations included 11 buys, 8 holds, and 8 sells.
“`
A look at Telefonaktiebolaget Lm Ericsso Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Telefonaktiebolaget Lm Ericsso, a company specializing in network equipment, software, and services, has garnered favorable ratings in various aspects according to Smartkarma Smart Scores. With a solid Dividend score of 4 and Momentum score of 4, the company seems to be performing well in providing returns to its shareholders and showing positive price trends. While its Value and Resilience scores stand at 3, indicating moderate performance in these areas, the Growth score of 2 suggests potential areas for improvement in expanding its business operations.
Overall, Telefonaktiebolaget Lm Ericsso‘s scores point towards a company that is stable and generating returns for investors. The emphasis on dividends and the positive momentum in its price trends showcase strengths within the company. However, there might be room for growth opportunities and enhancing value propositions to further solidify its position in the market. Telecommunications investors may find this mix of scores indicative of a company with a steady outlook for the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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