Earnings Overview#

Elisa Oyj reported its earnings for the first quarter of 2026, revealing a challenging period. The company posted earnings per share (EPS) of 0.57 USD, which was lower than the expected 0.598 USD. Additionally, revenue totaled 548.4 million USD, missing the forecast of 567.05 million USD. Despite these shortfalls, the stock experienced only a slight decrease of 0.01 USD, or 0.02%, in pre-market trading.

Key Financial Metrics#

The company's financial performance showed mixed results: - Revenue: 548.4 million USD, down 1.3% year-over-year. - Earnings per share: 0.57 USD, missing the forecast by 0.028 USD. - Comparable EBITDA: Increased by 2.2% to 203 million EUR. - EBITDA Margin: Expanded to 37%.

Market Response#

Despite missing earnings expectations, Elisa Oyj's stock remained stable, trading within its 52-week range. This stability indicates that investors are balancing the earnings miss against the company’s effective cost management and growth in strategic areas.

Future Outlook#

Looking ahead, Elisa Oyj has set EPS forecasts of 0.72 USD for Q2 FY2026 and 0.81 USD for Q3 FY2026. The company is focusing on expanding its 5G infrastructure and software services to drive future growth, despite facing challenges such as global supply chain disruptions and a competitive market.

Risks Ahead#

Elisa Oyj faces several risks, including ongoing supply chain issues, particularly with memory chips, which could impact equipment sales. Additionally, market saturation in the Finnish telecom sector may limit growth opportunities, and macroeconomic pressures could affect corporate investment in the region.