LM Ericsson Telephone Earnings: What Investors Should Watch

LM Ericsson Telephone (NASDAQ:ERIC) will report earnings before markets open on Thursday, July 18th. Telefonaktiebolaget LM Ericsson develops and manufactures products for wired and mobile communications in public and private networks. The Company produces mobile telephones through its Sony Ericsson joint venture. Ericsson manufactures and installs wired and wireless communications systems, wireless microwave links, call center equipment, microelectronics, and radar systems.

Here is your Cheat Sheet to LM Ericsson Telephone Earnings:

Earnings Expectations: Analysts expect earnings of $0.18 per share on revenues of $8.50 billion.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.2 to a profit $0.21. For the current year, the average estimate is a profit of $0.78, which is the same as the estimate ninety days ago.

Earnings Trends:

Here’s how LM Ericsson Telephone has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 32,175 27,255 28,306 35,014 33,666
Diluted EPS ($) 0.53 0.16 0.53 0.56 0.28

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 7,895.46 8,151.78 10,537.33 7,896.90
Diluted EPS ($) 0.05 0.10 -0.31 0.06

Past Performance:
LM Ericsson Telephone has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)