$0.05 EPS Expected for Telefonaktiebolaget LM Ericsson (publ)
December 21, 2017 – By Kurt Siggers
Analysts expect Telefonaktiebolaget LM Ericsson (NASDAQ:publ) to report $0.05 EPS on January, 25.They anticipate $0.02 EPS change or 28.57 % from last quarter’s $0.07 EPS. ERIC’s profit would be $169.26 million giving it 32.60 P/E if the $0.05 EPS is correct. After having $-0.06 EPS previously, Telefonaktiebolaget LM Ericsson’s analysts see -183.33 % EPS growth. The stock decreased 1.81% or $0.12 during the last trading session, reaching $6.52. About 2.52 million shares traded. Telefonaktiebolaget LM Ericsson (NASDAQ:publ) has 0.00% since December 21, 2016 and is . It has underperformed by 16.70% 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 $22.07 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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