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.
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 $0.78, which is the same as the estimate ninety days ago.
Here’s how LM Ericsson Telephone has been performing on an annual basis:
|Revenue ($) 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|
LM Ericsson Telephone has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)