ERIC - Telefonaktiebolaget LM Ericsson (publ)

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
6.45
+0.55 (+9.32%)
At close: 4:00PM EDT
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Previous Close5.90
Open6.37
Bid6.38 x 2500
Ask7.11 x 100
Day's Range6.35 - 6.49
52 Week Range4.83 - 7.47
Volume14,032,735
Avg. Volume5,050,647
Market Cap21.13B
Beta1.22
PE Ratio (TTM)-12.50
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.11 (1.89%)
Ex-Dividend Date2017-03-30
1y Target EstN/A
Trade prices are not sourced from all markets
  • Financial Times16 hours ago

    [$$] Ericsson shows signs of recovery as market stays tough

    Ericsson shares jumped 8 per cent after the Swedish telecoms equipment company showed signs of recovery in the third quarter. Sales in the third quarter fell 6 per cent to SKr47.8bn ($5.8bn), in line with ...

  • Ericsson (ERIC) Posts Huge Q3 Loss, But Sees Improvement
    Zacks17 hours ago

    Ericsson (ERIC) Posts Huge Q3 Loss, But Sees Improvement

    Ericsson (ERIC) posts huge third-quarter 2017 loss as the company struggles amid challenging market conditions and a major strategic shake-up.

  • Why Telefonaktiebolaget LM Ericsson Shares Jumped 10% Today
    Motley Fool17 hours ago

    Why Telefonaktiebolaget LM Ericsson Shares Jumped 10% Today

    The Swedish telecom equipment maker's tides are turning, as seen in the latest earnings report.

  • Barrons.com19 hours ago

    Restructuring Plan Boosts Ericsson; CFO Sees 'Solid Turnaround'

    Ericsson ADRs (ERIC) are jumping this morning, after the Swedish telecom equipment giant reported mixed third-quarter earnings and, despite warning of challenges to come, appeared to be making some progress with its turnaround efforts. Ericsson said that the firm lost 55 cents a share, much higher than analysts expected, and its fourth consecutive quarterly loss. Ericsson's Radio Access Network equipment business will decline about 8% for the full year, but that was in-line with previous estimates and consensus estimates.

  • The Wall Street Journal20 hours ago

    [$$] Ericsson Posts Another Loss but Faint Signal of Recovery Emerges

    Telecom giant Ericsson reported another quarter of falling sales and widening losses as it struggles to compete with new Chinese players, but investors saw signs that a monthslong turnaround effort was ...

  • TheStreet.com22 hours ago

    Ericsson Stock Surges on Margin Improvement

    The Swedish telecoms company said Friday that sales in the three months to the end of September were down by 6%

  • Ericsson sees signs of improvement after fourth straight quarterly loss
    Reuters22 hours ago

    Ericsson sees signs of improvement after fourth straight quarterly loss

    Mobile network gear maker Ericsson said it had detected signs of improvement after posting a steeper than expected quarterly loss on Friday, helping send its languishing shares up as much as 5 percent. Once the world's top maker of mobile network equipment, Sweden's Ericsson faces a declining market for older network 2G, 3G and 4G gear while needing to step up investments in next-generation 5G equipment to retain market share. After replacing management in 2016, Ericsson has embarked on a restructuring programme to exit unprofitable network services deals and reverse course after an ill-timed bid to diversify beyond core telecom markets.

  • Ericsson sees signs of improvement after fourth straight quarterly loss
    Reuters23 hours ago

    Ericsson sees signs of improvement after fourth straight quarterly loss

    Mobile network gear maker Ericsson said it had detected signs of improvement after posting a steeper than expected quarterly loss on Friday, helping send its languishing shares up as much as 5 percent. Once the world's top maker of mobile network equipment, Sweden's Ericsson faces a declining market for older network 2G, 3G and 4G gear while needing to step up investments in next-generation 5G equipment to retain market share. After replacing management in 2016, Ericsson has embarked on a restructuring programme to exit unprofitable network services deals and reverse course after an ill-timed bid to diversify beyond core telecom markets.

  • Reuters16 hours ago

    Ericsson, Volvo lead European stocks in earnings driven session

    Ericsson and Volvo led European shares higher on Friday with well-received earnings reports during a session where financials and tech stocks also outperformed. The pan-European STOXX 600 (.STOXX) was up 0.2 percent with most European bourses ending the day in positive territory. Mobile network gear maker Ericsson (ERICb.ST) soared 8 percent as it said it detected signs of improvement after its restructuring efforts.

  • The Wall Street Journalyesterday

    [$$] Ericsson Losses Mount

    The net loss at Sweden’s Ericsson widened sharply in the third quarter, hit by increased restructuring charges and provisions as the company continued to navigate tough markets and a huge strategic shake-up....

  • Forbes2 days ago

    Ericsson Q3 Preview: Cost Cutting In Focus As Market Headwinds Persist

    Network infrastructure giant Ericsson is expected to publish its third quarter results on October 20, reporting on a quarter that is likely to have seen the company cut operating costs, as the wireless infrastructure market continues to contract. This note looks at some of the key trends to watch

  • Ericsson (ERIC) Q3 Earnings: Another Miss in the Cards?
    Zacks3 days ago

    Ericsson (ERIC) Q3 Earnings: Another Miss in the Cards?

    We believe that Ericsson's (ERIC) third-quarter 2017 results will be adversely affected by adverse industry trends and drying-up investments by major telecom equipment makers.

  • TheStreet.com5 days ago

    These Stocks Have Changed Direction

    Finding bullish and bearish reversals in the market.

  • Investment firm Investor AB overtakes Cevian as top Ericsson owner
    Reuters5 days ago

    Investment firm Investor AB overtakes Cevian as top Ericsson owner

    Sweden's Investor AB has regained the position as the biggest shareholder in mobile telecom gear maker Ericsson during the third quarter, overtaking Cevian Capital, the investment firm said on Monday. Investor bought Ericsson shares for around 1 billion Swedish crowns ($123 million) in the third quarter, raising its stake to 6.6 percent from 5.9 percent at the end of the second quarter, exceeding Cevian Capital's 6.4 percent. Ericsson shares initially rose as much as 2.6 percent but fell back to trade 0.4 percent higher by GMT 0857.

  • Reuters5 days ago

    Investment firm Investor AB overtakes Cevian as top Ericsson owner

    Sweden's Investor AB has regained the position as the biggest shareholder in mobile telecom gear maker Ericsson during the third quarter, overtaking Cevian Capital, the investment firm said on Monday. Investor bought Ericsson shares for around 1 billion Swedish crowns ($123 million) in the third quarter, raising its stake to 6.6 percent from 5.9 percent at the end of the second quarter, exceeding Cevian Capital's 6.4 percent. Ericsson shares initially rose as much as 2.6 percent but fell back to trade 0.4 percent higher by GMT 0857.

  • Ericsson, Swisscom Go Live With Telco Cloud Infrastructure
    Zacks11 days ago

    Ericsson, Swisscom Go Live With Telco Cloud Infrastructure

    Ericsson (ERIC) and telecommunications operator Swisscom go live with a full-stack telco cloud infrastructure.

  • Market Realist11 days ago

    Where Ericsson Is Trading in October Compared to Estimates

    Since the start of 2017, Ericsson (ERIC) stock has fallen 2.6% after falling ~36.0% in 2016.

  • Should You Dump Ericsson (ERIC) From Your Portfolio Now?
    Zacks12 days ago

    Should You Dump Ericsson (ERIC) From Your Portfolio Now?

    Ericsson (ERIC) has been grappling with headwinds like weak demand in radio access networks market, huge restructuring costs and low investments in mobile broadband.

  • Market Realist12 days ago

    Can Ericsson Achieve More without Leif Johansson?

    Leif Johansson is stepping down as the chairman of network equipment giant Ericsson (ERIC), ending a six-year stint at the company.

  • Market Realist12 days ago

    A Look at Ericsson’s Financial Metrics

    Ericsson (ERIC) currently has a dividend yield of 1.2%, or $0.0175, which indicates an annualized dividend payout of $0.07.

  • Market Realist12 days ago

    Ericsson: Capitalizing on China’s Appetite for Mobile Video

    Demand for mobile video is growing rapidly in China (MCHI), thanks to factors such as the improving availability of smartphones, Internet access, and mobile video content.

  • Market Realist12 days ago

    How Ericsson Plans to Further Cut Costs

    Ericsson could lay off approximately 25,000 employees outside Sweden. Ericsson hasn't confirmed these reports, and certain sources claim that the figure could be higher.

  • Market Realist12 days ago

    Why Does Ericsson Want to Merge Its Fiber Services Business?

    Recently, Ericsson (ERIC) announced that it's looking to merge Abentel with a local company. Abentel is Ericsson’s Spanish-based fiber services business unit.

  • Financial Times12 days ago

    [$$] Ericsson chooses Ronnie Leten as chairman

    Ericsson's leading shareholders have chosen the well-regarded former chief executive of Swedish industrial group Atlas Copco as new chairman of the telecoms equipment maker as it battles against a slump ...

  • Reuters12 days ago

    Recovery hopes rise as Ericsson picks ex-Atlas Copco boss as chairman

    Ericsson has picked the former boss of high-flying mining gear maker Atlas Copco as its new chairman, boosting hopes of a recovery at the Swedish mobile equipment company. Shares in Ericsson rose as much as 2.2 percent on Monday after it said Ronnie Leten would succeed Leif Johansson as chairman, pending a shareholder vote planned for March 28. Investors said Leten, under whose leadership Atlas Copco shares rose twice as much as the European industrial sector index, was a good choice, despite a lack of experience in the telecoms sector.