Telefonaktiebolaget LM Ericsson (publ) provides information and communications technology solutions for networks, IT and cloud, and media markets worldwide. It operates through four segments: Networks, Digital Services, Managed Services, and Other. The Networks segment provides mobile radio access networks, transport solutions, and site solutions, as well as related services, such as network rollout, network tuning, and customer support. The Digital Services segment offers products and services for service providers in the areas of operations support systems and business support systems; packet core and communication; network functions virtualization and cloud infrastructure; application development and modernization; and consulting services. The Managed Services segment provides vendor agnostic services, including networks and IT managed, and network design and optimization services to manage service provider's networks. Telefonaktiebolaget LM Ericsson (publ) has a strategic partnership with the Fujitsu Limited to deliver 5G network solutions and related services. The company was founded in 1876 and is headquartered in Stockholm, Sweden.
Industry, Sector and Symbol
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorComputer and Technology
Phone46-1-071-900-00
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$23.60 billion
Profitability
Miscellaneous
Employees100,735
OptionableOptionable
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Frequently Asked Questions
What is Telefonaktiebolaget LM Ericsson's stock symbol?
Telefonaktiebolaget LM Ericsson trades on the NASDAQ under the ticker symbol "ERIC."
How were Telefonaktiebolaget LM Ericsson's earnings last quarter?
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) posted its earnings results on Tuesday, July, 19th. The communications equipment provider reported $0.10 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.12 by $0.02. The communications equipment provider earned $6.59 billion during the quarter, compared to the consensus estimate of $6.87 billion. Telefonaktiebolaget LM Ericsson had a negative return on equity of 0.43% and a negative net margin of 9.26%. View Telefonaktiebolaget LM Ericsson's Earnings History.
When is Telefonaktiebolaget LM Ericsson's next earnings date?
How can I listen to Telefonaktiebolaget LM Ericsson's earnings call?
Telefonaktiebolaget LM Ericsson will be holding an earnings conference call on Friday, January 25th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8558570686.
What price target have analysts set for ERIC?
10 equities research analysts have issued 12-month price objectives for Telefonaktiebolaget LM Ericsson's stock. Their predictions range from $7.00 to $9.00. On average, they anticipate Telefonaktiebolaget LM Ericsson's share price to reach $8.1750 in the next twelve months. This suggests that the stock has a possible downside of 4.4%. View Analyst Price Targets for Telefonaktiebolaget LM Ericsson.
What is the consensus analysts' recommendation for Telefonaktiebolaget LM Ericsson?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Telefonaktiebolaget LM Ericsson in the last year. There are currently 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Telefonaktiebolaget LM Ericsson.
Has Telefonaktiebolaget LM Ericsson been receiving favorable news coverage?
Headlines about ERIC stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Telefonaktiebolaget LM Ericsson earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the communications equipment provider a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the immediate future.
Are investors shorting Telefonaktiebolaget LM Ericsson?
Telefonaktiebolaget LM Ericsson saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 10,874,626 shares, a drop of 31.9% from the December 14th total of 15,964,762 shares. Based on an average daily volume of 6,362,418 shares, the short-interest ratio is presently 1.7 days. View Telefonaktiebolaget LM Ericsson's Current Options Chain.
Who are some of Telefonaktiebolaget LM Ericsson's key competitors?
Some companies that are related to Telefonaktiebolaget LM Ericsson include NTT Docomo (DCMYY), QUALCOMM (QCOM), Nokia Oyj (NOK), Motorola Solutions (MSI), L3 Technologies (LLL), Ubiquiti Networks (UBNT), ARRIS International (ARRS), Echostar (SATS), ViaSat (VSAT), Commscope (COMM), Mitel Networks (MITL), Casa Systems (CASA), Loral Space & Communications Ltd. (LORL), Comtech Telecomm. (CMTL) and Sierra Wireless (SWIR).
Who are Telefonaktiebolaget LM Ericsson's key executives?
Telefonaktiebolaget LM Ericsson's management team includes the folowing people:
- Mr. Börje E. Ekholm MSc, MBA, Pres, CEO & Director (Age 56)
- Mr. Carl Mellander, Sr. VP, CFO and Head of Group Function Fin. & Common Functions (Age 55)
- Ms. Eva-Britt Allenius, Chief Accounting Officer
- Mr. Erik Ekudden, Group CTO & SVP and Head of Technology & Architecture
- Mr. Peter Nyquist, VP & Head of Investor Relations (Age 54)
How do I buy shares of Telefonaktiebolaget LM Ericsson?
Shares of ERIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Telefonaktiebolaget LM Ericsson's stock price today?
One share of ERIC stock can currently be purchased for approximately $8.55.
How big of a company is Telefonaktiebolaget LM Ericsson?
Telefonaktiebolaget LM Ericsson has a market capitalization of $28.17 billion and generates $23.60 billion in revenue each year. The communications equipment provider earns $-4,129,660,000.00 in net income (profit) each year or ($0.47) on an earnings per share basis. Telefonaktiebolaget LM Ericsson employs 100,735 workers across the globe.
What is Telefonaktiebolaget LM Ericsson's official website?
How can I contact Telefonaktiebolaget LM Ericsson?
Telefonaktiebolaget LM Ericsson's mailing address is TORSHAMNSGATAN 21 - 23, STOCKHOLM V7, 16483. The communications equipment provider can be reached via phone at 46-1-071-900-00 or via email at [email protected]
MarketBeat Community Rating for Telefonaktiebolaget LM Ericsson (NASDAQ ERIC)
MarketBeat's community ratings are surveys of what our community members think about Telefonaktiebolaget LM Ericsson and other stocks. Vote "Outperform" if you believe ERIC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ERIC will underperform the S&P 500 over the long term. You may vote once every thirty days.
