ERIC-B.ST - Telefonaktiebolaget LM Ericsson (publ)

Stockholm - Stockholm Real Time Price. Currency in SEK
65.76
-1.06 (-1.59%)
At close: 5:29PM CEST
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Previous Close66.82
Open66.00
Bid65.62 x 0
Ask65.66 x 0
Day's Range65.54 - 66.50
52 Week Range43.75 - 67.48
Volume11,965,558
Avg. Volume10,956,455
Market Cap216.09B
Beta0.97
PE Ratio (TTM)N/A
EPS (TTM)-10.74
Earnings DateN/A
Forward Dividend & Yield1.00 (1.87%)
Ex-Dividend Date2018-03-29
1y Target Est57.63
  • PR Newswire12 hours ago

    Ericsson's Nomination Committee Appointed

    STOCKHOLM , April 26, 2018 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) Nomination Committee for the Annual General Meeting 2019 has been appointed in accordance with the Instruction for the Nomination Committee ...

  • PR Newswire12 hours ago

    Ericsson's Nomination Committee Appointed

    STOCKHOLM , April 26, 2018 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) Nomination Committee for the Annual General Meeting 2019 has been appointed in accordance with the Instruction for the Nomination Committee ...

  • PR Newswire13 hours ago

    Ericsson's Nomination Committee Appointed

    STOCKHOLM , April 26, 2018 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) Nomination Committee for the Annual General Meeting 2019 has been appointed in accordance with the Instruction for the Nomination Committee ...

  • Reuters13 hours ago

    Nokia CEO says ZTE U.S. export ban could help it longer-term

    A U.S. ban on exports to China's ZTE over alleged Iran sanctions violations could play to the long-term advantage of rival network equipment supplier Nokia, the Finnish company's chief executive said on ...

  • Benzinga3 days ago

    A 'More Aggressive Approach': Ericsson Notches Upgrade After Q1 Print

    Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC ) reported  first-quarter results  Friday that turned Charter Equity bullish on the stock. The Analyst Charter Equity Research's Edward Snyder upgraded Ericsson's ...

  • Barrons.com6 days ago

    Ericsson Soars but Bears Still Skeptical

    Shares of telecom-equipment giant Ericsson (ERIC) ended the day up $1.14, or 17%, at $7.78, on the company’s announcement this morning of a surprise profit in its Q1 results. A smaller benefit came from selling more  higher-margin radio equipment products, as carriers start to roll out 5G wireless networks. Paul Silverstein with Cowen & Co. raises his rating on the stock to Market Perform from Underperform, and raises his price target to $7 from $3, writes that the company "has driven—and it appears will be able to sustain—meaningful improvement in GM beyond our previous expectations." However, the company’s “still bloated cost structure” dampens his enthusiasm. “We continue to think that ERIC is not moving aggressively enough to right-size its business,” he writes.

  • Why Telefonaktiebolaget LM Ericsson Jumped Today
    Motley Fool6 days ago

    Why Telefonaktiebolaget LM Ericsson Jumped Today

    Tumbling revenue was overshadowed by a vast improvement in the bottom line.

  • Forbes6 days ago

    What Drove Ericsson's Earnings Beat?

    Ericsson published its Q1 2018 results on Friday, reporting a smaller than expected loss, driven by progress in its cost-cutting program and some traction in its core Networks business. In this note we provide a brief overview of the company’s results and what lies ahead.

  • Reuters6 days ago

    European shares mark fourth week of gains; Ericsson shines

    By Danilo Masoni and Kit Rees MILAN/LONDON (Reuters) - European shares held steady on Friday at the end of a strong week as a rally in commodities softened, although strong earnings updates boosted shares ...

  • Is Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) A Financially Sound Company?
    Simply Wall St.6 days ago

    Is Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) A Financially Sound Company?

    The size of Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC), a US$21.22B large-cap, often attracts investors seeking a reliable investment in the stock market. Big corporations are much sought after by risk-averseRead More...

  • Ericsson revival hopes lifted by cost cutting progress
    Reuters6 days ago

    Ericsson revival hopes lifted by cost cutting progress

    Ericsson stirred recovery hopes on Friday by beating quarterly profit expectations, lifting the mobile equipment maker's battered shares as cost-savings started to kick in. Ericsson, which competes with Huawei, Nokia and ZTE, said it expected the Chinese market to decline further due to lower 4G investments, but momentum was positive in North America, its biggest market. "Last year we put a new strategy in place aiming at turning around performance and reaching a 10 percent operating margin," Chief Executive Borje Ekholm said on a conference call.

  • TheStreet.com6 days ago

    Ericsson Rockets After Solid Q1 Following Cevian Push to Accelerate Turnaround

    Ericsson shares topped the European market Friday after the telecoms equipment maker surprised investors, including a key activist, with better-than-expected first quarter earnings.

  • Associated Press6 days ago

    Ericsson: 1Q Earnings Snapshot

    The Stockholm-based company said it had a loss of 3 cents per share. Earnings, adjusted for restructuring costs and amortization costs, were 1 cent per share. The telecommunications equipment provider ...

  • Financial Times6 days ago

    [$$] Ericsson turnround shows signs of working

    The Swedish company has cut 18,000 jobs in the past year as it has sought to cut costs under its new chief executive, Borje Ekholm. “The first quarter gives points of proof that we are delivering on our plan to get the right cost structure, get the right products.

  • The Wall Street Journal7 days ago

    [$$] Ericsson Losses Narrow

    Ericsson reported a 9% fall in first-quarter sales to 43.41 billion Swedish kronor ($5.2 billion) but its net loss narrowed to SEK837.0 million, compared with a SEK10.07 billion loss in the same period last year. Despite continuing to increase investments in its networks unit as it gears up for the industry shift to fifth generation (5G) networks, margins in the unit improved and it gained market share. In the quarter, Ericsson said it cut more than 3,000 jobs, bringing the total number of layoffs since launching its reduction activities last July to almost 18,000.

  • Ericsson Soars as Ekholm's Cost Cuts Start to Carry Through
    Bloomberg7 days ago

    Ericsson Soars as Ekholm's Cost Cuts Start to Carry Through

    Ericsson AB’s investors got a rare cause for celebration Friday as first-quarter results demonstrated that the Swedish network-equipment vendor is finally making progress in a protracted effort to reverse ...

  • ZTE woes may boost network rivals Ericsson and Nokia
    Reuters7 days ago

    ZTE woes may boost network rivals Ericsson and Nokia

    STOCKHOLM/LONDON (Reuters) - Investors are warming to beleaguered mobile network makers Ericsson and Nokia as they begin to recover ahead of a once-a-decade uplift from a new business cycle and an unexpected boost from a U.S. ban on exports to low-cost Chinese rival ZTE. ZTE has snatched market share in Europe and the Americas, growing four times faster in those markets last year than it did its home market and acting as a drag on contract pricing and revenue growth for Ericsson and Nokia. Ericsson is due to report results on Friday and Nokia next Thursday and the focus is likely to be on next-generation 5G network upgrades expected to start later in 2018 or during 2019, ending a three-to-four year dry spell in network spending.

  • ZTE woes may boost network rivals Ericsson and Nokia
    Reuters7 days ago

    ZTE woes may boost network rivals Ericsson and Nokia

    STOCKHOLM/LONDON (Reuters) - Investors are warming to beleaguered mobile network makers Ericsson and Nokia as they begin to recover ahead of a once-a-decade uplift from a new business cycle and an unexpected boost from a U.S. ban on exports to low-cost Chinese rival ZTE. ZTE has snatched market share in Europe and the Americas, growing four times faster in those markets last year than it did its home market and acting as a drag on contract pricing and revenue growth for Ericsson and Nokia. Ericsson is due to report results on Friday and Nokia next Thursday and the focus is likely to be on next-generation 5G network upgrades expected to start later in 2018 or during 2019, ending a three-to-four year dry spell in network spending.

  • Ericsson (ERIC) Q1 Earnings: What Lies Ahead for the Stock?
    Zacks9 days ago

    Ericsson (ERIC) Q1 Earnings: What Lies Ahead for the Stock?

    Ericsson (ERIC) is grappling with shrinking markets and stiff competition from other established players in the market.

  • Forget traditional job interviews: Ericsson asked a job applicant to sleep in a homeless shelter
    Quartz9 days ago

    Forget traditional job interviews: Ericsson asked a job applicant to sleep in a homeless shelter

    You update your resume. You send in your application. You pass the phone screen. You read your interviewer’s LinkedIn profile. You think of a strength that you can pass off as your greatest weakness. You iron your lucky shirt. You’re ready to nail the in-person interview. But then you get a text from the hiring…

  • Forbes10 days ago

    What To Expect As Ericsson Reports Q1 Results

    Ericsson is expected to publish its Q1 2018 results on April 20, reporting on what is likely to be another mixed quarter for the company. Over Q4 2017, sales of the company’s bread-and-butter Networking division declined by about 14% year-over-year in local currency terms

  • Ericsson (ERIC) to Unveil MediaFirst End-to-End UHD Platform
    Zacks14 days ago

    Ericsson (ERIC) to Unveil MediaFirst End-to-End UHD Platform

    Ericsson's (ERIC) Media Solutions enables viewers to enjoy a better and more immersive viewing experience, even on larger TV sets.

  • Ericsson's (ERIC) Partnership With Telefonica Gets Extension
    Zacks15 days ago

    Ericsson's (ERIC) Partnership With Telefonica Gets Extension

    Per the deal, Ericsson (ERIC) will deploy its VSPP to enable Telefonica to launch seven-day catch up and time shift services to subscribers across Latin America.

  • Ericsson (ERIC) Chosen by Melita as Strategic 5G Partner
    Zacks29 days ago

    Ericsson (ERIC) Chosen by Melita as Strategic 5G Partner

    Ericsson (ERIC) was chosen by Melita to modernize its mobile network with 5G-ready multi-standard solutions.

  • Activist investor urges Ericsson to cut costs faster
    Reuters29 days ago

    Activist investor urges Ericsson to cut costs faster

    Activist investor Cevian Capital urged Ericsson on Wednesday to speed up cost savings, even though the Swedish mobile telecoms equipment maker said it was comfortably on track to hit its $1 billion-plus target. Ericsson has made sweeping cost cuts and replaced much of its top management to try to turn around a business hit by competition from China's Huawei and Finland's Nokia, falling spending by telecoms operators and the hangover from a failed plan to diversify. "I want the work to remove losses ... it has been a bit too slow and the speed must be raised," managing partner Christer Gardell told Reuters ahead of Ericsson's annual general meeting close to its north Stockholm headquarters.