NasdaqGS - Nasdaq Real Time Price • USD
Telefonaktiebolaget LM Ericsson (publ) (ERIC)
As of 2:45 PM EDT. Market Open.
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 3 | 3 | 7 | 7 |
| Avg. Estimate | 0.05 | 0.08 | 0.42 | 0.47 |
| Low Estimate | 0.04 | 0.06 | 0.29 | 0.34 |
| High Estimate | 0.07 | 0.1 | 0.55 | 0.59 |
| Year Ago EPS | 0.07 | 0.08 | 0.43 | 0.42 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 3 | 3 | 7 | 7 |
| Avg. Estimate | 5.33B | 5.53B | 22.82B | 23.46B |
| Low Estimate | 5.29B | 5.39B | 21.61B | 22.3B |
| High Estimate | 5.39B | 5.74B | 24.27B | 24.59B |
| Year Ago Sales | 6.12B | 5.97B | 24.83B | 22.82B |
| Sales Growth (year/est) | -12.90% | -7.40% | -8.10% | 2.80% |
Earnings History
| CURRENCY IN USD | 6/30/2023 | 9/30/2023 | 12/31/2023 | 3/31/2024 |
|---|---|---|---|---|
| EPS Est. | 0.04 | 0.07 | 0.16 | 0.04 |
| EPS Actual | 0.07 | 0.08 | 0.16 | 0.08 |
| Difference | 0.03 | 0.01 | 0 | 0.04 |
| Surprise % | 75.00% | 14.30% | 0.00% | 100.00% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 0.05 | 0.08 | 0.42 | 0.47 |
| 7 Days Ago | 0.07 | 0.12 | 0.45 | 0.56 |
| 30 Days Ago | 0.07 | 0.12 | 0.46 | 0.57 |
| 60 Days Ago | 0.07 | 0.12 | 0.45 | 0.56 |
| 90 Days Ago | 0.08 | 0.12 | 0.5 | 0.59 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | 1 | -- |
| Up Last 30 Days | 1 | -- | 1 | -- |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | 2 | 3 | 4 | 3 |
Growth Estimates
| CURRENCY IN USD | ERIC | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | -28.60% | -- | -- | 0.80% |
| Next Qtr. | 0.00% | -- | -- | 9.60% |
| Current Year | -2.30% | -- | -- | 4.50% |
| Next Year | 11.90% | -- | -- | 13.30% |
| Next 5 Years (per annum) | 1.50% | -- | -- | 11.09% |
| Past 5 Years (per annum) | -0.36% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Maintains | JP Morgan: Neutral to Neutral | 4/17/2024 |
| Downgrade | JP Morgan: Overweight to Neutral | 11/30/2023 |
| Maintains | JP Morgan: Overweight to Overweight | 10/18/2023 |
| Maintains | TD Cowen: Outperform | 4/19/2023 |
| Downgrade | Raymond James: Outperform to Market Perform | 2/7/2023 |
| Maintains | Cowen & Co.: Outperform | 1/23/2023 |
Related Tickers
NOK Nokia Oyj
3.5050
+1.59%
NOKIA.HE Nokia Oyj
3.3100
+2.52%
CSCO Cisco Systems, Inc.
48.30
+0.39%
CRDO Credo Technology Group Holding Ltd
17.02
-5.39%
HPE Hewlett Packard Enterprise Company
16.77
-1.59%
MOB Mobilicom Limited
1.1000
+3.77%
CIEN Ciena Corporation
43.55
-0.50%
VSAT Viasat, Inc.
15.70
+1.09%
ASTS AST SpaceMobile, Inc.
2.0800
-2.80%
EXTR Extreme Networks, Inc.
10.92
-0.18%