Ericsson expected to show healthy revenue growth in Q4 earnings results.
From Nasdaq: 2025-01-20 12:26:00
Ericsson is set to release fourth-quarter 2024 results on Jan. 24, with expectations of top-line growth backed by customer wins and network investments. Key partnerships with MasOrange and Chunghwa Telecom, as well as innovative projects in Belgium, indicate positive momentum. The company also secured a favorable verdict against Lenovo for patent infringement.
Analysts estimate total revenues of $6.96 billion and adjusted earnings per share of 21 cents for the quarter, showing growth from the prior year. Revenue breakdown includes estimates for the Networks, Cloud Software and Services, and Enterprise segments. While the earnings whisper does not predict a beat, Ericsson remains a strong player in the market.
Stocks to consider for potential earnings beats include InterDigital, Meta Platforms, and Automatic Data Processing. Each company has a favorable Earnings ESP and Zacks Rank, indicating strong potential for positive results. For investors seeking growth opportunities, these stocks offer a chance to capitalize on upcoming earnings reports and market trends.
Read more at Nasdaq: Will Healthy Revenue Growth Boost Ericsson’s Q4 Earnings Results?
