On Wednesday, LM Ericsson Telephone ERIC will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Wall Street expects EPS of 2 cents and sales around $5.52 billion.
LM Ericsson Telephone reported a per-share profit of 2 cents when it published results during the same quarter last year. Sales in that period totaled $5.98 billion. If the company were to match the consensus estimate, earnings would be down 0.00 percent. Revenue would be down 7.82 percent from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | -0.02 | 0.03 | 0.02 | 0.07 |
| EPS Actual | 0.013 | -0.15 | -0.07 | 0.02 |
Stock Performance
Over the last 52-week period, shares are up 2.96 percent. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release. Analyst estimates have not been modified for EPS and revenues over the past 90 days. Analysts generally rate LM Ericsson Telephone stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
LM Ericsson Telephone's Q2 conference call is scheduled to begin at 10:00 a.m. ET and can be accessed here: https://www.ericsson.com/en/investors/events-and-presentations
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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