Ericsson (ERIC) Projected to Post Earnings on Tuesday

Ericsson (NASDAQ:ERIC - Get Free Report) will likely be releasing its Q2 2025 earnings data before the market opens on Tuesday, July 15th. Analysts expect Ericsson to post earnings of $0.12 per share and revenue of $60.54 billion for the quarter.

Ericsson (NASDAQ:ERIC - Get Free Report) last released its quarterly earnings results on Tuesday, April 15th. The communications equipment provider reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.03. The business had revenue of $5.68 billion during the quarter, compared to the consensus estimate of $55.83 billion. Ericsson had a return on equity of 16.45% and a net margin of 0.67%. On average, analysts expect Ericsson to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Ericsson Price Performance

Shares of NASDAQ:ERIC traded down $0.14 during trading on Friday, reaching $8.04. 17,837,367 shares of the company traded hands, compared to its average volume of 19,782,753. The company's 50 day moving average is $8.45 and its two-hundred day moving average is $8.15. The firm has a market capitalization of $26.92 billion, a PE ratio of 160.80, a PEG ratio of 5.79 and a beta of 0.93. The company has a quick ratio of 0.88, a current ratio of 1.09 and a debt-to-equity ratio of 0.35. Ericsson has a 52 week low of $6.35 and a 52 week high of $9.00.

Hedge Funds Weigh In On Ericsson

An institutional investor recently raised its position in Ericsson stock. AQR Capital Management LLC lifted its holdings in shares of Ericsson (NASDAQ:ERIC - Free Report) by 7.5% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 134,891 shares of the communications equipment provider's stock after buying an additional 9,362 shares during the period. AQR Capital Management LLC's holdings in Ericsson were worth $1,049,000 as of its most recent filing with the SEC. 7.99% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. upped their target price on Ericsson from $8.90 to $9.80 and gave the company a "neutral" rating in a research report on Friday, April 11th. Wall Street Zen upgraded Ericsson from a "buy" rating to a "strong-buy" rating in a research report on Thursday, April 17th. Finally, Kepler Capital Markets upgraded Ericsson from a "strong sell" rating to a "hold" rating in a research report on Wednesday, April 16th.

Ericsson 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.