Summary
8.53 0.99(13.06%)10/15/2024
Telefonaktiebolaget L M Ericsson (ERIC)
Telefonaktiebolaget L M Ericsson (ERIC)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 13.14 | 13.44 | 15.75 | 31.25 | 78.34 | 79.10 | 9.44 | 1,665.01 |
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| Trading Data | ||
| Close | 8.53 | |
| Open | 8.22 | |
| High | 8.62 | |
| Low | 8.14 | |
| Volume | 47,248,022 | |
| Change | 0.99 | |
| Change % | 13.14 | |
| Avg Volume (20 Days) | 13,315,826 | |
| Volume/Avg Volume (20 Days) Ratio | 3.55 | |
| 52 Week Range | 4.33 - 8.62 | |
| Price vs 52 Week High | -1.10% | |
| Price vs 52 Week Low | 96.88% | |
| Range | 3.71 | |
| Gap Up/Down | 0.67 | |
Fundamentals | ||
| Market Capitalization (Mln) | 25,581 | |
| EBIDTA | 24,512,999,424 | |
| PE Ratio | 0.0000 | |
| PEG Ratio | 3.5323 | |
| WallStreet Target Price | 4.55 | |
| Book Value | 3.2510 | |
| Earnings Per Share | -0.7000 | |
| EPS Estimate Current Quarter | 0.0400 | |
| EPS Estimate Next Quarter | 0.0600 | |
| EPS Estimate Current Year | 0.4100 | |
| EPS Estimate Next Year | 0.4700 | |
| Diluted EPS (TTM) | -0.7000 | |
| Revenues | ||
| Profit Marging | -0.1000 | |
| Operating Marging (TTM) | 0.0454 | |
| Return on asset (TTM) | 0.0333 | |
| Return on equity (TTM) | -0.2147 | |
| Revenue TTM | 254,122,999,808 | |
| Revenue per share TTM | 76.3070 | |
| Quarterly Revenue Growth (YOY) | -0.1480 | |
| Quarterly Earnings Growth (YOY) | 0.7070 | |
| Gross Profit (TTM) | 113,490,000,000 | |
| Dividends | ||
| Dividend Share | 2.7000 | |
| Dividend Yield | 0.0468 | |
| Valuations | ||
| Trailing PE | 0.0000 | |
| Forward PE | 9.6993 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.7700 | |
| Revenue Enterprise Value | 0.0652 | |
| EBITDA Enterprise Value | -1.9286 | |
| Shares | ||
| Shares Outstanding | 3,331,970,048 | |
| Shares Float | 2,975,280,104 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 0.00 | |
| Institutions (%) | 9.62 | |
10/15 17:02 EST - seekingalpha.com
Q3 2024 Earnings: Hold Ericsson
Telefonaktiebolaget LM Ericsson's stock surged post-earnings despite a year-on-year revenue decline, driven by strong expansion in Networks and improved EBIT and EBITDA figures. CEO Börje Ekholm highlighted increased customer momentum in programmable networks and a promising joint venture with 12 major telecom operators. The firm expects network sales to stabilize in Q4, with growth opportunities in 5G, enterprise 5G portfolio, and Intellectual Property Rights revenue.
Q3 2024 Earnings: Hold Ericsson
Telefonaktiebolaget LM Ericsson's stock surged post-earnings despite a year-on-year revenue decline, driven by strong expansion in Networks and improved EBIT and EBITDA figures. CEO Börje Ekholm highlighted increased customer momentum in programmable networks and a promising joint venture with 12 major telecom operators. The firm expects network sales to stabilize in Q4, with growth opportunities in 5G, enterprise 5G portfolio, and Intellectual Property Rights revenue.
10/15 12:05 EST - investopedia.com
Ericsson Stock Soars as North American Sales Drive Strong Earnings
Ericsson's (ERIC) U.S.-listed shares surged Tuesday after the communications technology provider reported better-than-expected results on strong sales in North America.
Ericsson Stock Soars as North American Sales Drive Strong Earnings
Ericsson's (ERIC) U.S.-listed shares surged Tuesday after the communications technology provider reported better-than-expected results on strong sales in North America.
10/15 12:01 EST - zacks.com
Ericsson Q3 Earnings Surpass Estimates, Revenues Decline Y/Y
ERIC's top line is affected by demand softness in several regions. Rising network investments in North America and improvement in profitability are positives.
Ericsson Q3 Earnings Surpass Estimates, Revenues Decline Y/Y
ERIC's top line is affected by demand softness in several regions. Rising network investments in North America and improvement in profitability are positives.
10/15 06:30 EST - barrons.com
Ericsson Stock Surges. How AT&T Is Helping the Telecoms Equipment Supplier.
Ericsson said its networks unit's North America sales rose 80% in the third quarter.
Ericsson Stock Surges. How AT&T Is Helping the Telecoms Equipment Supplier.
Ericsson said its networks unit's North America sales rose 80% in the third quarter.
10/15 06:21 EST - seekingalpha.com
Telefonaktiebolaget LM Ericsson (publ) (ERIC) Q3 2024 Earnings Conference Call Transcript
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC ) Q3 2024 Earnings Conference Call October 15, 2024 3:00 AM ET Company Participants Daniel Morris - Head of IR Borje Ekholm - President and CEO Lars Sandstrom - CFO Conference Call Participants Alex Duval - Goldman Sachs Joachim Gunell - DNB Markets Francois Bouvignies - UBS Andreas Joelsson - Carnegie Sebastien Sztabowicz - Kepler Cheuvreux Erik Rojestal - SEB Jakob Bluestone - BNP Paribas Rob Sanders - Deutsche Bank Sandeep Deshpande - JPMorgan Daniel Djurberg - Handelsbanken Andrew Gardiner - Citi Sami Sarkamies - Danske Bank Felix Henriksson - Nordea Markets Terence Tsui - Morgan Stanley Didier Scemama - Bank of America Merrill Lynch Daniel Morris Hello, everyone, and welcome to the presentation of Ericsson's Third Quarter 2024 Results. With me here in the studio today, Borje Ekholm, our President and CEO and our CFO, Lars Sandstrom.
Telefonaktiebolaget LM Ericsson (publ) (ERIC) Q3 2024 Earnings Conference Call Transcript
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC ) Q3 2024 Earnings Conference Call October 15, 2024 3:00 AM ET Company Participants Daniel Morris - Head of IR Borje Ekholm - President and CEO Lars Sandstrom - CFO Conference Call Participants Alex Duval - Goldman Sachs Joachim Gunell - DNB Markets Francois Bouvignies - UBS Andreas Joelsson - Carnegie Sebastien Sztabowicz - Kepler Cheuvreux Erik Rojestal - SEB Jakob Bluestone - BNP Paribas Rob Sanders - Deutsche Bank Sandeep Deshpande - JPMorgan Daniel Djurberg - Handelsbanken Andrew Gardiner - Citi Sami Sarkamies - Danske Bank Felix Henriksson - Nordea Markets Terence Tsui - Morgan Stanley Didier Scemama - Bank of America Merrill Lynch Daniel Morris Hello, everyone, and welcome to the presentation of Ericsson's Third Quarter 2024 Results. With me here in the studio today, Borje Ekholm, our President and CEO and our CFO, Lars Sandstrom.
10/15 04:52 EST - cnbc.com
Ericsson shares jump 7% on third-quarter beat, growth in North America sales
Ericsson on Tuesday declared adjusted third-quarter earnings, excluding impairments, of 7.327 billion Swedish crowns ($0.7 billion), surpassing the 5.75 billion crown mean forecast of analysts cited by Reuters. North America emerged as a bright spot in the sales picture, with year-on-year growth of more than 50%.
Ericsson shares jump 7% on third-quarter beat, growth in North America sales
Ericsson on Tuesday declared adjusted third-quarter earnings, excluding impairments, of 7.327 billion Swedish crowns ($0.7 billion), surpassing the 5.75 billion crown mean forecast of analysts cited by Reuters. North America emerged as a bright spot in the sales picture, with year-on-year growth of more than 50%.
10/15 03:38 EST - marketwatch.com
Ericsson stock jumps as AT&T fuels earnings beat
Ericsson shares rallied on Tuesday as the Swedish telecom equipment maker said the market is stabilizing as North America returns to growth.
Ericsson stock jumps as AT&T fuels earnings beat
Ericsson shares rallied on Tuesday as the Swedish telecom equipment maker said the market is stabilizing as North America returns to growth.
10/15 03:17 EST - youtube.com
Ericsson starting to see a gradual recovery, CEO says
Ericsson CEO Börje Ekholm says the Swedish firm has taken a lot of actions to adjust how it operates as the market remains challenging.
Ericsson starting to see a gradual recovery, CEO says
Ericsson CEO Börje Ekholm says the Swedish firm has taken a lot of actions to adjust how it operates as the market remains challenging.
10/15 01:48 EST - prnewswire.com
Ericsson reports third quarter results 2024
STOCKHOLM , Oct. 15, 2024 /PRNewswire/ -- Strategic highlights – solid progress on both strategic and operational priorities Increased momentum in programmable networks, mobile network contract wins in multiple markets. Global supply of Network APIs secured with JV agreed between leading mobile network operators and Ericsson.
Ericsson reports third quarter results 2024
STOCKHOLM , Oct. 15, 2024 /PRNewswire/ -- Strategic highlights – solid progress on both strategic and operational priorities Increased momentum in programmable networks, mobile network contract wins in multiple markets. Global supply of Network APIs secured with JV agreed between leading mobile network operators and Ericsson.
10/15 01:10 EST - reuters.com
Ericsson sees signs of stabilising market as it beats forecasts
Sweden's Ericsson on Tuesday said the telecom equipment market is showing signs of improvement after reporting core earnings and sales above expectations, helped by a rebound in demand for 5G gear in North America.
Ericsson sees signs of stabilising market as it beats forecasts
Sweden's Ericsson on Tuesday said the telecom equipment market is showing signs of improvement after reporting core earnings and sales above expectations, helped by a rebound in demand for 5G gear in North America.
10/14 05:37 EST - reuters.com
Exclusive: Ericsson gets new 5G contract from India's Bharti Airtel - sources
Swedish telecom gear maker Ericsson has received a new multi-billion dollar contract for selling 5G equipment from India's Bharti Airtel , according to two sources familiar with the matter.
Exclusive: Ericsson gets new 5G contract from India's Bharti Airtel - sources
Swedish telecom gear maker Ericsson has received a new multi-billion dollar contract for selling 5G equipment from India's Bharti Airtel , according to two sources familiar with the matter.
10/10 07:55 EST - seekingalpha.com
Ericsson: Looking At The Upside For 2024-2026E After Excellent Returns
Ericsson's valuation has dropped to attractive levels, making it a "Buy" with a price target of 115 SEK or $9.50 per share. Despite recent volatility and restructuring charges, Ericsson's strong cash position and leadership in 5G technology offer significant upside potential. The company's focus on enterprise and cloud segments, coupled with its competitive 5G offerings, positions it well for future growth.
Ericsson: Looking At The Upside For 2024-2026E After Excellent Returns
Ericsson's valuation has dropped to attractive levels, making it a "Buy" with a price target of 115 SEK or $9.50 per share. Despite recent volatility and restructuring charges, Ericsson's strong cash position and leadership in 5G technology offer significant upside potential. The company's focus on enterprise and cloud segments, coupled with its competitive 5G offerings, positions it well for future growth.
10/08 13:53 EST - zacks.com
Will Revenue Contraction Affect Ericsson's Q3 Earnings Results?
ERIC is expected to witness a top-line decline year over year in the third quarter of 2024, owing to a slowdown in network investments in several regions.
Will Revenue Contraction Affect Ericsson's Q3 Earnings Results?
ERIC is expected to witness a top-line decline year over year in the third quarter of 2024, owing to a slowdown in network investments in several regions.
10/07 12:31 EST - zacks.com
ERIC's Solution to Boost Grameenphone's Network: Stock to Gain?
Ericsson is set to deploy its state-of-the-art Mediation Solution to boost Grameenphone's customer billing precision.
ERIC's Solution to Boost Grameenphone's Network: Stock to Gain?
Ericsson is set to deploy its state-of-the-art Mediation Solution to boost Grameenphone's customer billing precision.
10/04 11:55 EST - zacks.com
ERIC Solutions to Modernize Tmcel's Network: Stock to Benefit?
Ericsson is set to deploy solutions from its state-of-the-art BSS/OSS portfolio for enhanced service experience in Africa.
ERIC Solutions to Modernize Tmcel's Network: Stock to Benefit?
Ericsson is set to deploy solutions from its state-of-the-art BSS/OSS portfolio for enhanced service experience in Africa.
10/03 07:54 EST - youtube.com
Ericsson CEO Börje Ekholm on AI
Ericsson CEO Börje Ekholm joins Worldwide Exchange to explain why he is calling on the European Union to revamp its approach to AI regulation.
Ericsson CEO Börje Ekholm on AI
Ericsson CEO Börje Ekholm joins Worldwide Exchange to explain why he is calling on the European Union to revamp its approach to AI regulation.
10/01 13:25 EST - zacks.com
Will ERIC Stock Benefit From 5G Deployment Across Vietnam?
ERIC's 5G deployment in Vietnam is expected to drive 5G commercialization, contributing to the country's overall economic growth.
Will ERIC Stock Benefit From 5G Deployment Across Vietnam?
ERIC's 5G deployment in Vietnam is expected to drive 5G commercialization, contributing to the country's overall economic growth.
10/01 03:34 EST - prnewswire.com
Invitation to media and analyst briefing for Ericsson Q3 2024 report
Report to be released at approximately 7:00 AM CEST on October 15, 2024 One live video webcast for analysts, investors, and journalists at 9:00 AM CEST STOCKHOLM , Oct. 1, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the third quarter 2024 will be published at approximately 7:00 AM CEST on October 15, 2024. The company will issue a press release with the complete financial report attached, including tables, in PDF format.
Invitation to media and analyst briefing for Ericsson Q3 2024 report
Report to be released at approximately 7:00 AM CEST on October 15, 2024 One live video webcast for analysts, investors, and journalists at 9:00 AM CEST STOCKHOLM , Oct. 1, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the third quarter 2024 will be published at approximately 7:00 AM CEST on October 15, 2024. The company will issue a press release with the complete financial report attached, including tables, in PDF format.
09/30 12:26 EST - zacks.com
Will ERIC Stock Gain From Partnership With Telenor Microfinance Bank?
With Ericsson's advanced mobile financial services, easypaisa aims to scale up its operations and deliver faster, more secure financial services.
Will ERIC Stock Gain From Partnership With Telenor Microfinance Bank?
With Ericsson's advanced mobile financial services, easypaisa aims to scale up its operations and deliver faster, more secure financial services.
09/30 09:00 EST - forbes.com
Gaining 26% This Year, Will Ericsson Stock Rally Any Further?
Ericsson stock (NASDAQ: ERIC) has increased by about 26% year-to-date, outperforming the broader indices. Ericsson posted better-than-expected Q2 results, with revenue declining 7% but beating expectations, driven by a 5G licensing deal that boosted revenue and margins.
Gaining 26% This Year, Will Ericsson Stock Rally Any Further?
Ericsson stock (NASDAQ: ERIC) has increased by about 26% year-to-date, outperforming the broader indices. Ericsson posted better-than-expected Q2 results, with revenue declining 7% but beating expectations, driven by a 5G licensing deal that boosted revenue and margins.