0940 GMT - Ericsson's fourth quarter revenues were in line with consensus but Ebita was 8%-10% below, and based on outlook comments, UBS expects minor changes to 2025/2026 consensus, analyst Francois-Xavier Bouvignies writes. Based on industry experts Dell'Oro, Ericsson estimates the 2025 radio access network equipment market should grow by 0 to 2% in 2025, versus consensus at 5% growth year-on-year for network revenues. "Following stock up 9% year-to-date and 61% in one year, we believe weaker fourth quarter EBIT and unchanged 2025/2026 outlook is likely to put some pressure on the share relative to market." Shares fall 8.4% to 89.46 Swedish kronor. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
January 24, 2025 04:40 ET (09:40 GMT)
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