Telefonaktiebolaget LM Ericsson (publ) (ERIC) Earnings Date, Estimates & Call Transcripts

$5.74
+0.05 (+0.88%)
(As of 05/17/2024 08:53 PM ET)

Earnings Summary

Upcoming
Earnings Date
Jul. 12Estimated
Actual EPS
(Apr. 16)
$0.07 Beat By $0.02
Consensus EPS
(Apr. 16)
$0.05
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ERIC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ERIC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Telefonaktiebolaget LM Ericsson (publ) Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241$0.04$0.04$0.04
Q2 20241$0.04$0.04$0.04
Q3 20241$0.09$0.09$0.09
Q4 20241$0.16$0.16$0.16
FY 20244$0.33$0.33$0.33
Q1 20251$0.07$0.07$0.07
Q2 20251$0.09$0.09$0.09
Q3 20251$0.12$0.12$0.12
Q4 20251$0.20$0.20$0.20
FY 20254$0.48$0.48$0.48
Q1 20261$0.09$0.09$0.09

ERIC Earnings Date and Information

Telefonaktiebolaget LM Ericsson (publ) last posted its quarterly earnings data on April 16th, 2024. The communications equipment provider reported $0.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.02. The firm had revenue of $5.13 billion for the quarter, compared to the consensus estimate of $5.33 billion. Telefonaktiebolaget LM Ericsson (publ) has generated ($0.70) earnings per share over the last year (($0.70) diluted earnings per share). Earnings for Telefonaktiebolaget LM Ericsson (publ) are expected to grow by 28.95% in the coming year, from $0.38 to $0.49 per share. Telefonaktiebolaget LM Ericsson (publ) has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Friday, July 12th, 2024 based off prior year's report dates.

Telefonaktiebolaget LM Ericsson (publ) Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/12/2024
Estimated)
------- 
4/16/2024Q1 2024$0.05$0.07+$0.02$0.07$5.33 billion$5.13 billion
1/22/2024Q4 2023$0.14$0.16+$0.02$0.22$7.04 billion$6.76 billion    
10/16/2023Q3 2023$0.07$0.07-$0.99$6.23 billion$5.96 billion    
7/14/2023Q2 2023$0.05$0.07+$0.02$0.16$6.12 billion$6.12 billion    
4/18/2023Q1 2023$0.04$0.08+$0.04$0.12$5.99 billion$5.99 billion
1/20/2023Q4 2022$0.20$0.20-$0.23$8.03 billion$8.02 billion
10/20/2022Q3 2022$0.15$0.16+$0.01$0.17$6.29 billion$6.46 billion
7/14/2022Q2 2022$0.18$0.14($0.04)$0.14$6.37 billion$6.36 billion    
4/14/2022Q1 2022$0.15$0.10($0.05)$0.11$5.88 billion$5.90 billion
1/25/2022Q4 2021$0.25$0.36+$0.11$0.38$7.72 billion$8.06 billion
10/18/2021Q3 2021$0.19$0.21+$0.02$0.22$58.16 billion$56.30 billion    
7/15/2021Q2 2021$0.15$0.14($0.01)$0.15$57.58 billion$54.90 billion    

Telefonaktiebolaget LM Ericsson (publ) Earnings - Frequently Asked Questions

When is Telefonaktiebolaget LM Ericsson (publ)'s earnings date?

Telefonaktiebolaget LM Ericsson (publ) has not confirmed its next earnings publication date, but the company's estimated earnings date is Friday, July 12th, 2024 based off last year's report dates. Learn more on ERIC's earnings history.

Did Telefonaktiebolaget LM Ericsson (publ) beat their earnings estimates last quarter?

In the previous quarter, Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) reported $0.07 earnings per share (EPS) to beat the analysts' consensus estimate of $0.05 by $0.02. Learn more on analysts' earnings estimate vs. ERIC's actual earnings.

How much revenue does Telefonaktiebolaget LM Ericsson (publ) generate each year?

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) has a recorded annual revenue of $24.83 billion.

How much profit does Telefonaktiebolaget LM Ericsson (publ) generate each year?

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) has a recorded net income of -$2.49 billion. ERIC has generated -$0.70 earnings per share over the last four quarters.

What is Telefonaktiebolaget LM Ericsson (publ)'s EPS forecast for next year?

Telefonaktiebolaget LM Ericsson (publ)'s earnings are expected to grow from $0.38 per share to $0.49 per share in the next year, which is a 28.95% increase.


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This page (NASDAQ:ERIC) was last updated on 5/20/2024 by MarketBeat.com Staff

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