0856 GMT - Ericsson consensus for full-year earnings estimates could be cut by a low single-digit percentage after the company's first-quarter results, UBS analyst Francois-Xavier Bouvignies writes. Group revenue fell 10% on year versus consensus that was looking for a 7% decline, while adjusted EBIT missed consensus by 1% and management flagged rising input costs and increased uncertainty in the outlook. For the second quarter, the company expects networks revenues to be in line with seasonal trends of 4% growth on the quarter versus consensus at 7%. Taken together, the results and guidance imply first-half revenues around 3% below consensus and EBIT 2%-5% below, UBS adds. "With the stock being up 22% year-to-date, we believe a modest cut to consensus EPS is likely to weigh on the share." Shares fall 1%. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
April 17, 2026 04:57 ET (08:57 GMT)
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