We foresee sluggish revenue for Ericsson until 5G rollouts begin en masse.
Ericsson's second-quarter results continued to show the effects of major cost-cutting efforts, leading to year-over-year margin expansion accompanied by roughly flat top line growth. Margin improvements led Ericsson to up its 2020 operating margin goal to 10%-12% from 10%. Despite top line sluggishness, Networks saw a turn for the better with the overall segment bringing in sales growth, which has been absent from the segment of late. We will maintain our $7.50 fair value estimate for no-moat Er...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.