Telefonaktiebolaget LM Ericsson (publ) (ERIC) Projected to Post Earnings on Tuesday

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC - Get Free Report) is projected to release its earnings data before the market opens on Tuesday, April 15th. Analysts expect Telefonaktiebolaget LM Ericsson (publ) to post earnings of $0.09 per share and revenue of $55.83 billion for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC - Get Free Report) last issued its quarterly earnings results on Friday, January 24th. The communications equipment provider reported $0.17 EPS for the quarter, missing analysts' consensus estimates of $0.21 by ($0.04). Telefonaktiebolaget LM Ericsson (publ) had a net margin of 0.06% and a return on equity of 13.70%. On average, analysts expect Telefonaktiebolaget LM Ericsson (publ) to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Telefonaktiebolaget LM Ericsson (publ) Trading Up 2.5 %

Shares of NASDAQ:ERIC traded up $0.18 during midday trading on Friday, reaching $7.29. The company's stock had a trading volume of 28,934,723 shares, compared to its average volume of 17,932,242. The firm has a 50 day moving average price of $7.87 and a two-hundred day moving average price of $8.03. Telefonaktiebolaget LM Ericsson has a fifty-two week low of $4.77 and a fifty-two week high of $8.90. The firm has a market capitalization of $24.30 billion, a price-to-earnings ratio of -729,000.00, a PEG ratio of 3.89 and a beta of 0.92. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.96 and a current ratio of 1.17.

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Telefonaktiebolaget LM Ericsson (publ) Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 27th were issued a dividend of $0.1315 per share. This is a boost from Telefonaktiebolaget LM Ericsson (publ)'s previous dividend of $0.13. The ex-dividend date of this dividend was Thursday, March 27th. Telefonaktiebolaget LM Ericsson (publ)'s dividend payout ratio is presently -1,800,000.10%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. StockNews.com lowered shares of Telefonaktiebolaget LM Ericsson (publ) from a "strong-buy" rating to a "buy" rating in a research note on Friday, January 24th. JPMorgan Chase & Co. raised their target price on Telefonaktiebolaget LM Ericsson (publ) from $8.90 to $9.80 and gave the company a "neutral" rating in a research note on Friday.

Telefonaktiebolaget LM Ericsson (publ) Company Profile

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other.