Telefonaktiebolaget LM Ericsson (publ) (ERIC) Stock Forecast, Price Target & Predictions
ERIC Stock Forecast
Telefonaktiebolaget LM Ericsson (publ) stock forecast is as follows: an average price target of $6.94 (represents a -6.97% downside from ERIC’s last price of $7.46) and a rating consensus of 'Hold', based on 10 wall street analysts offering a 1-year stock forecast.
ERIC Price Target
The average price target for Telefonaktiebolaget LM Ericsson (publ) (ERIC) is $6.94 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $7.78 to $6.10. This represents a potential -6.97% downside from ERIC's last price of $7.46.
ERIC Analyst Ratings
According to 10 Wall Street analysts, Telefonaktiebolaget LM Ericsson (publ)'s rating consensus is 'Hold'. The analyst rating breakdown for ERIC stock is 0 'Strong Buy' (0.00%), 2 'Buy' (20.00%), 8 'Hold' (80.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Telefonaktiebolaget LM Ericsson (publ) Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 13, 2023 | Sandeep Deshpande | J.P. Morgan | $7.78 | $4.58 | 70.05% | 4.29% |
| Oct 24, 2022 | Alexander Duval | Goldman Sachs | $6.10 | $5.54 | 10.11% | -18.23% |
The latest Telefonaktiebolaget LM Ericsson (publ) stock forecast, released on Nov 13, 2023 by Sandeep Deshpande from J.P. Morgan, set a price target of $7.78, which represents a 70.05% increase from the stock price at the time of the forecast ($4.58), and a 4.29% increase from ERIC last price ($7.46).
Telefonaktiebolaget LM Ericsson (publ) Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $7.78 |
| Last Closing Price | $7.46 | $7.46 | $7.46 |
| Upside/Downside | -100.00% | -100.00% | 4.29% |
In the current month, the average price target of Telefonaktiebolaget LM Ericsson (publ) stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Telefonaktiebolaget LM Ericsson (publ)'s last price of $7.46. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 25, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jul 16, 2024 | Citigroup | Neutral | Neutral | Hold |
| Jun 13, 2024 | Nordea | - | Hold | Downgrade |
| Oct 27, 2023 | BNP Paribas | Neutral | Neutral | Hold |
| Oct 27, 2023 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Sep 29, 2023 | Cowen & Co. | Outperform | Outperform | Hold |
| Feb 07, 2023 | Raymond James | - | Market Perform | Downgrade |
| Jan 10, 2023 | Exane BNP Paribas | - | Neutral | Downgrade |
| Oct 24, 2022 | Goldman Sachs | - | Neutral | Downgrade |
| Jul 18, 2022 | Credit Suisse | Outperform | Outperform | Hold |
Telefonaktiebolaget LM Ericsson (publ)'s last stock rating was published by Morgan Stanley on Jul 25, 2024. The company gave ERIC a "Equal-Weight" rating, the same as its previous rate.
Telefonaktiebolaget LM Ericsson (publ) Financial Forecast
Telefonaktiebolaget LM Ericsson (publ) Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $62.55B | $85.98B | $68.04B | $62.47B | $55.06B | $71.33B | $56.26B | $54.94B | $49.78B | $69.59B | $57.47B | $55.58B | $49.75B | $66.37B | $57.13B | $54.81B | $48.91B | $43.41B | $46.37B |
| Avg Forecast | $72.96B | $61.02B | $59.44B | $55.11B | $73.30B | $62.15B | $58.11B | $55.74B | $74.42B | $64.59B | $65.03B | $60.78B | $82.51B | $67.24B | $61.98B | $53.43B | $68.73B | $58.60B | $57.37B | $54.01B | $66.55B | $57.33B | $54.81B | $53.30B | $65.08B | $56.35B | $52.90B | $48.50B | $759.77B | $413.31B |
| High Forecast | $74.32B | $62.16B | $60.55B | $56.14B | $74.67B | $63.23B | $59.20B | $56.78B | $75.81B | $65.79B | $66.25B | $61.92B | $84.06B | $68.50B | $63.10B | $54.40B | $69.98B | $59.65B | $58.40B | $54.99B | $67.75B | $58.37B | $55.80B | $54.26B | $66.25B | $57.37B | $53.86B | $49.37B | $911.73B | $495.97B |
| Low Forecast | $72.14B | $60.34B | $58.77B | $54.49B | $72.48B | $60.63B | $57.46B | $55.11B | $73.59B | $63.86B | $64.30B | $60.10B | $81.59B | $66.49B | $60.87B | $52.48B | $67.50B | $57.55B | $56.34B | $53.05B | $65.36B | $56.30B | $53.83B | $52.35B | $63.91B | $55.34B | $51.96B | $47.63B | $607.82B | $330.64B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.04% | 1.01% | 1.01% | 1.03% | 1.04% | 0.96% | 0.96% | 0.92% | 1.05% | 1.00% | 1.01% | 0.93% | 1.02% | 1.01% | 1.04% | 1.01% | 0.06% | 0.11% |
Telefonaktiebolaget LM Ericsson (publ)'s average Quarter revenue forecast for Jun 23 based on 1 analysts is $65.03B, with a low forecast of $64.30B, and a high forecast of $66.25B. ERIC's average Quarter revenue forecast represents a 3.96% increase compared to the company's last Quarter revenue of $62.55B (Mar 23).
Telefonaktiebolaget LM Ericsson (publ) EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $6.70B | $11.17B | $9.65B | $9.55B | $7.26B | $13.40B | $10.61B | $67.25B | $6.68B | $12.84B | $10.64B | $6.17B | $5.40B | $7.80B | $-2.02B | $5.43B | $7.17B | $1.47B | $-6.95B |
| Avg Forecast | $9.63B | $8.06B | $7.85B | $7.28B | $9.68B | $8.21B | $7.67B | $7.36B | $9.83B | $8.53B | $8.59B | $8.03B | $10.90B | $8.88B | $8.19B | $7.06B | $9.08B | $7.74B | $7.58B | $7.13B | $8.79B | $7.57B | $7.24B | $7.04B | $8.59B | $7.44B | $6.99B | $36.61B | $25.68B | $-61.95B |
| High Forecast | $9.81B | $8.21B | $8.00B | $7.41B | $9.86B | $8.35B | $7.82B | $7.50B | $10.01B | $8.69B | $8.75B | $8.18B | $11.10B | $9.05B | $8.33B | $7.18B | $9.24B | $7.88B | $7.71B | $7.26B | $8.95B | $7.71B | $7.37B | $7.17B | $8.75B | $7.58B | $7.11B | $43.93B | $30.81B | $-49.56B |
| Low Forecast | $9.53B | $7.97B | $7.76B | $7.20B | $9.57B | $8.01B | $7.59B | $7.28B | $9.72B | $8.43B | $8.49B | $7.94B | $10.77B | $8.78B | $8.04B | $6.93B | $8.91B | $7.60B | $7.44B | $7.01B | $8.63B | $7.44B | $7.11B | $6.91B | $8.44B | $7.31B | $6.86B | $29.29B | $20.54B | $-74.34B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 1.03% | 1.09% | 1.17% | 1.03% | 1.48% | 1.37% | 8.88% | 0.94% | 1.46% | 1.41% | 0.85% | 0.77% | 0.91% | -0.27% | 0.78% | 0.20% | 0.06% | 0.11% |
1 analysts predict ERIC's average Quarter EBITDA for Jun 23 to be $8.59B, with a high of $8.75B and a low of $8.49B. This is 28.11% upper than Telefonaktiebolaget LM Ericsson (publ)'s previous annual EBITDA (Mar 23) of $6.70B.
Telefonaktiebolaget LM Ericsson (publ) Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $1.52B | $6.07B | $5.21B | $4.50B | $2.94B | $10.15B | $5.75B | $3.68B | $3.19B | $7.52B | $5.35B | $2.45B | $2.16B | $4.43B | $-6.23B | $1.71B | $2.32B | $-837.00M | $-10.90B |
| Avg Forecast | $7.22B | $4.47B | $3.23B | $6.58B | $7.82B | $3.33B | $1.25B | $51.13B | $3.55B | $1.41B | $-1.41B | $44.66B | $7.23B | $63.12B | $5.44B | $36.62B | $6.85B | $5.02B | $3.76B | $31.75B | $5.60B | $4.32B | $1.77B | $21.67B | $4.35B | $2.37B | $2.41B | $11.82B | $-14.65B | $-97.13B |
| High Forecast | $7.39B | $4.58B | $3.31B | $6.74B | $8.01B | $3.70B | $1.28B | $61.36B | $5.08B | $1.44B | $-1.39B | $53.59B | $7.40B | $75.74B | $5.56B | $43.94B | $7.01B | $5.14B | $3.85B | $38.10B | $5.73B | $4.42B | $1.81B | $26.01B | $4.46B | $2.43B | $2.47B | $14.19B | $-11.72B | $-77.70B |
| Low Forecast | $7.11B | $4.40B | $3.18B | $6.48B | $7.70B | $2.59B | $1.23B | $40.91B | $2.54B | $1.39B | $-1.44B | $35.73B | $7.12B | $50.49B | $5.31B | $29.29B | $6.69B | $4.91B | $3.67B | $25.40B | $5.47B | $4.22B | $1.73B | $17.34B | $4.25B | $2.32B | $2.35B | $9.46B | $-17.58B | $-116.56B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.03% | 0.84% | 0.08% | 0.83% | 0.08% | 1.48% | 1.15% | 0.98% | 0.10% | 1.34% | 1.24% | 1.38% | 0.10% | 1.02% | -2.63% | 0.71% | 0.20% | 0.06% | 0.11% |
Telefonaktiebolaget LM Ericsson (publ)'s average Quarter net income forecast for Jun 23 is $-1.41B, with a range of $-1.44B to $-1.39B. ERIC's average Quarter net income forecast represents a -192.76% decrease compared to the company's last Quarter net income of $1.52B (Mar 23).
Telefonaktiebolaget LM Ericsson (publ) SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $9.12B | $11.79B | $9.44B | $7.87B | $6.59B | $7.62B | $6.18B | $6.97B | $6.19B | $7.40B | $5.99B | $7.05B | $6.24B | $8.22B | $4.92B | $6.96B | $6.03B | $6.16B | $9.86B |
| Avg Forecast | $9.08B | $7.60B | $7.40B | $6.86B | $9.13B | $7.74B | $7.24B | $6.94B | $9.27B | $8.04B | $8.10B | $7.57B | $10.27B | $8.37B | $7.72B | $6.65B | $8.56B | $7.30B | $7.14B | $6.72B | $8.29B | $7.14B | $6.82B | $6.64B | $8.10B | $7.02B | $6.59B | $30.77B | $107.74B | $87.90B |
| High Forecast | $9.25B | $7.74B | $7.54B | $6.99B | $9.30B | $7.87B | $7.37B | $7.07B | $9.44B | $8.19B | $8.25B | $7.71B | $10.47B | $8.53B | $7.86B | $6.77B | $8.71B | $7.43B | $7.27B | $6.85B | $8.43B | $7.27B | $6.95B | $6.76B | $8.25B | $7.14B | $6.71B | $36.93B | $129.29B | $105.47B |
| Low Forecast | $8.98B | $7.51B | $7.32B | $6.78B | $9.02B | $7.55B | $7.15B | $6.86B | $9.16B | $7.95B | $8.01B | $7.48B | $10.16B | $8.28B | $7.58B | $6.53B | $8.40B | $7.16B | $7.01B | $6.60B | $8.14B | $7.01B | $6.70B | $6.52B | $7.96B | $6.89B | $6.47B | $24.62B | $86.19B | $70.32B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.20% | 1.15% | 1.13% | 1.02% | 0.99% | 0.89% | 0.85% | 0.98% | 0.92% | 0.89% | 0.84% | 1.03% | 0.94% | 1.01% | 0.70% | 1.06% | 0.20% | 0.06% | 0.11% |
Telefonaktiebolaget LM Ericsson (publ)'s average Quarter SG&A projection for Jun 23 is $8.10B, based on 1 Wall Street analysts, with a range of $8.01B to $8.25B. The forecast indicates a -11.20% fall compared to ERIC last annual SG&A of $9.12B (Mar 23).
Telefonaktiebolaget LM Ericsson (publ) EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 | 3 | 7 | 9 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.46 | $1.82 | $1.56 | $1.36 | $0.88 | $3.05 | $1.73 | $1.10 | $0.96 | $2.26 | $1.61 | $0.74 | $0.65 | $1.34 | $-1.89 | $0.52 | $0.70 | $-0.25 | $-3.33 |
| Avg Forecast | $2.17 | $1.34 | $0.97 | $1.97 | $2.35 | $1.00 | $0.38 | $0.22 | $1.07 | $0.42 | $-0.42 | $0.53 | $2.17 | $1.79 | $1.63 | $1.28 | $2.05 | $1.51 | $1.13 | $0.96 | $1.68 | $1.30 | $0.53 | $0.72 | $1.31 | $0.71 | $0.72 | $0.67 | $-0.50 | $0.18 |
| High Forecast | $2.22 | $1.37 | $0.99 | $2.02 | $2.40 | $1.11 | $0.39 | $0.23 | $1.52 | $0.43 | $-0.42 | $0.54 | $2.22 | $1.84 | $1.67 | $1.31 | $2.10 | $1.54 | $1.16 | $0.98 | $1.72 | $1.33 | $0.54 | $0.74 | $1.34 | $0.73 | $0.74 | $0.69 | $-0.42 | $0.18 |
| Low Forecast | $2.13 | $1.32 | $0.96 | $1.94 | $2.31 | $0.78 | $0.37 | $0.22 | $0.76 | $0.42 | $-0.43 | $0.52 | $2.14 | $1.77 | $1.59 | $1.25 | $2.01 | $1.47 | $1.10 | $0.93 | $1.64 | $1.27 | $0.52 | $0.71 | $1.28 | $0.69 | $0.71 | $0.65 | $-0.67 | $0.17 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 0.84% | 0.87% | 0.83% | 0.69% | 1.48% | 1.15% | 0.97% | 1.01% | 1.34% | 1.24% | 1.39% | 0.90% | 1.03% | -2.66% | 0.72% | 1.04% | 0.50% | -18.68% |
According to 1 Wall Street analysts, Telefonaktiebolaget LM Ericsson (publ)'s projected average Quarter EPS for Jun 23 is $-0.42, with a low estimate of $-0.43 and a high estimate of $-0.42. This represents a -191.75% decrease compared to ERIC previous annual EPS of $0.46 (Mar 23).
Telefonaktiebolaget LM Ericsson (publ) Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NOK | Nokia Oyj | $4.20 | $6.35 | 51.19% | Buy |
| SWKS | Skyworks Solutions | $102.47 | $133.74 | 30.52% | Hold |
| QRVO | Qorvo | $107.65 | $126.80 | 17.79% | Buy |
| CCI | Crown Castle | $118.85 | $139.10 | 17.04% | Hold |
| MRVL | Marvell | $74.48 | $86.45 | 16.07% | Buy |
| ERIC | Telefonaktiebolaget LM Ericsson (publ) | $7.46 | $6.94 | -6.97% | Hold |
ERIC Forecast FAQ
Is Telefonaktiebolaget LM Ericsson (publ) a good buy?
No, according to 10 Wall Street analysts, Telefonaktiebolaget LM Ericsson (publ) (ERIC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 20.00% of ERIC's total ratings.
What is ERIC's price target?
Telefonaktiebolaget LM Ericsson (publ) (ERIC) average price target is $6.94 with a range of $6.1 to $7.78, implying a -6.97% from its last price of $7.46. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Telefonaktiebolaget LM Ericsson (publ) stock go up soon?
According to Wall Street analysts' prediction for ERIC stock, the company can go down by -6.97% (from the last price of $7.46 to the average price target of $6.94), up by 4.29% based on the highest stock price target, and down by -18.23% based on the lowest stock price target.
Can Telefonaktiebolaget LM Ericsson (publ) stock reach $11?
ERIC's average twelve months analyst stock price target of $6.94 does not support the claim that Telefonaktiebolaget LM Ericsson (publ) can reach $11 in the near future.
What are Telefonaktiebolaget LM Ericsson (publ)'s analysts' financial forecasts?
Telefonaktiebolaget LM Ericsson (publ)'s analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $249.3B (high $253.88B, low $245.68B), average EBITDA is $32.92B (high $33.53B, low $32.45B), average net income is $63.53B (high $74.35B, low $52.43B), average SG&A $31.04B (high $31.61B, low $30.59B), and average EPS is $3.94 (high $4.13, low $3.68). ERIC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $248.52B (high $253.17B, low $245.74B), average EBITDA is $32.82B (high $33.43B, low $32.45B), average net income is $21.49B (high $22.01B, low $21.18B), average SG&A $30.94B (high $31.52B, low $30.6B), and average EPS is $6.45 (high $6.61, low $6.36).
Did the ERIC's actual financial results beat the analysts' financial forecasts?
Based on Telefonaktiebolaget LM Ericsson (publ)'s last annual report (Dec 2022), the company's revenue was $271.55B, beating the average analysts forecast of $265.17B by 2.41%. Apple's EBITDA was $37.63B, beating the average prediction of $35.02B by 7.44%. The company's net income was $18.72B, missing the average estimation of $112.4B by -83.34%. Apple's SG&A was $35.69B, beating the average forecast of $33.01B by 8.11%. Lastly, the company's EPS was $5.62, missing the average prediction of $6.88 by -18.27%. In terms of the last quarterly report (Mar 2023), Telefonaktiebolaget LM Ericsson (publ)'s revenue was $62.55B, beating the average analysts' forecast of $60.78B by 2.92%. The company's EBITDA was $6.7B, missing the average prediction of $8.03B by -16.48%. Telefonaktiebolaget LM Ericsson (publ)'s net income was $1.52B, missing the average estimation of $44.66B by -96.61%. The company's SG&A was $9.12B, beating the average forecast of $7.57B by 20.49%. Lastly, the company's EPS was $0.46, missing the average prediction of $0.525 by -12.41%