Telefonaktiebolaget LM Ericsson (publ) EPS Estimated At $0.04

September 25, 2018 - By Vernon Prom

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Analysts expect Telefonaktiebolaget LM Ericsson (NASDAQ:publ) to report $0.04 EPS on October, 19.They anticipate $0.10 EPS change or 166.67 % from last quarter’s $-0.06 EPS. ERIC’s profit would be $127.69 million giving it 56.00 P/E if the $0.04 EPS is correct. After having $-0.01 EPS previously, Telefonaktiebolaget LM Ericsson’s analysts see -500.00 % EPS growth. The stock increased 1.82% or $0.09 during the last trading session, reaching $8.96. About 4.11M shares traded. Telefonaktiebolaget LM Ericsson (NASDAQ:publ) has 0.00% since September 25, 2017 and is . It has underperformed by 15.62% the S&P500.

Telefonaktiebolaget LM Ericsson provides information and communications technology solutions for networks, IT and cloud, and media markets worldwide. The company has market cap of $28.60 billion. It operates through three divisions: Networks, Global Services, and Support Solutions. It currently has negative earnings. The Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud.

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