- Ericsson’s third-quarter net sales reached SEK 61.79 billion, meeting market expectations of SEK 61.45 billion.
- Networks division net sales were SEK 40.02 billion, surpassing the estimated SEK 38.5 billion.
- Product sales within Networks amounted to SEK 31.24 billion, exceeding the estimated SEK 29.25 billion.
- Services within Networks recorded net sales of SEK 8.77 billion, slightly below the projected SEK 9.03 billion.
- Cloud Software & Services net sales came in at SEK 14.95 billion, just under the expected SEK 15.67 billion.
- Product sales for Cloud Software & Services reached SEK 5.24 billion, marginally above the estimate of SEK 5.12 billion.
- Services in the Cloud Software & Services category achieved SEK 9.71 billion, falling short of the SEK 10.62 billion estimate.
- Enterprise net sales were reported at SEK 6.32 billion, below the anticipated SEK 6.64 billion.
- The company acknowledges growing customer interest in programmable networks and anticipates stronger performance, aided by a joint venture with leading telecom operators.
- Ericsson projects its Networks sales to stabilize year-on-year in Q4, particularly driven by growth in North America.
- Market analysts’ recommendations include 8 buys, 9 holds, and 9 sells for Ericsson’s stock.
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A look at Telefonaktiebolaget Lm Ericsso Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
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
<p>Telefonaktiebolaget Lm Ericsso, a company focused on developing network equipment and software, as well as providing services for various operations, has been assessed using Smartkarma Smart Scores. These scores indicate the company’s performance in key areas. In terms of value, the company received a moderate score, suggesting a balanced positioning in terms of its market value. The dividend score is relatively high, indicating a strong potential for dividend payouts. However, the growth score is on the lower side, implying limited growth prospects. Despite this, Telefonaktiebolaget Lm Ericsso shows resilience with a moderate score in this category. Momentum is where the company shines with the highest score, suggesting strong positive momentum in its overall performance.</p>
<p>In summary, Telefonaktiebolaget Lm Ericsso, known for its network equipment and software development, has a mixed outlook based on the Smartkarma Smart Scores analysis. While the company demonstrates strength in terms of dividend potential and momentum, there are areas for potential improvement, such as growth prospects. Overall, the company’s resilience and diverse portfolio across different markets provide a stable foundation for its long-term performance, albeit with some areas that may require attention to drive further growth and value creation. </p>
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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