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Ericsson Set for Robust Earnings Growth in 2018 and Beyond

Adam Rogers
Ericsson Set for Robust Earnings Growth in 2018 and Beyond

In the previous part of this series, we saw that analysts expect Ericsson’s (ERIC) revenue to decline 5% in the third quarter of 2018. Ericsson’s sales might decline marginally by 0.6% to $22.9 billion in 2019 before rising 1.3% in 2020. While Ericsson’s EPS could fall 6% in 2018 to $0.16, analysts expect it to rise 125% in 2019 and at a CAGR (compound annual growth rate) of 229% over the next five years.