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LG72 Earnings Report this Week: Is It a Buy, Ahead of Earnings?

Lagercrantz Group AB Class B (LG72) is scheduled to report 4th quarter earnings on 05/16/2023, before the market opens.

Regarding Q4 estimates, Wall Street analysts expect Lagercrantz Group AB Class B to post earnings of SEK1.09 per share. Revenue expectations are pegged at SEK1.98 billion. Last quarter, Lagercrantz Group AB Class B beat earnings estimates, reporting EPS of SEK0.97 on estimates of SEK0.94. The stock rose by 5.54% the day after the last earnings release.

Year-to-date, LG72 stock has risen by 24.67%.

About Lagercrantz Group AB Class B

Lagercrantz Group AB is a Sweden-based company engaged in the provision of products and solutions in the electronics and communications industry. Business activity of the group is divided into four segments namely Electronics division, Mechatronics division, Communications division, and Niche Products division. Geographically, it operates in the region of Sweden, Denmark, Norway, Finland, UK, Germany and internationally. The firm derives the majority of revenue through Mechatronics division which sells electric and electro-mechanical products and offers electric connection systems and customized production of cable harnesses, as well as develops support brackets and masts.

Stay up-to-date on earnings this week, with TipRanks’ Earnings Calendar.

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