ERIC - Telefonaktiebolaget LM Ericsson (publ)
9.22 +0.16 (1.77%)
Pre-Market: 5:15AM EDT
| Previous Close | 8.61 |
| Open | 9.14 |
| Bid | 9.16 x 21500 |
| Ask | 9.17 x 40700 |
| Day's Range | 8.80 - 9.24 |
| 52 Week Range | 7.58 - 10.46 |
| Volume | 20,401,486 |
| Avg. Volume | 6,542,363 |
| Market Cap | 29.945B |
| Beta (3Y Monthly) | 0.34 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.72 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.11 (1.27%) |
| Ex-Dividend Date | 2019-03-28 |
| 1y Target Est | 10.57 |
- PR Newswire
Korea's LG U+ Selects Ericsson as a 5G RAN and 5G Core Vendor
- Ericsson Radio System 5G New Radio (NR) hardware and software solutions deployment underway - Ericsson now has commercial 5G contracts with all three Korean communication service providers - Job creation ...
- Market Realist
Nokia and Ericsson Stocks Gain in Early Trading
Nokia (NOK) and Ericsson (ERIC) shares are trading higher today. While Nokia has risen more than 3%, Ericsson has risen more than 5%.
- Zacks
Ericsson (ERIC) Misses on Q3 Earnings, Ups 2020 Sales View
Despite higher year-over-year sales, Ericsson (ERIC) misses Q3 earnings estimates mainly due to a provision of SEK 11.5 billion. Management raises 2020 sales target on the back of accelerated demand for 5G.
- Zacks
Telecom Stock Roundup: AT&T to Divest Assets, Ericsson's Rural Support & More
While AT&T (T) intends to sell its wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands, Ericsson (ERIC) is offering support services to rural Wireless Internet Service Providers across the United States.
- PR Newswire
What do a gamer, tower climber and paramedic have in common? Visit Ericsson's 5G demos at MWC Los Angeles 2019
- Experience 18 live demos that will showcase how companies can push the boundaries of what is possible and make 5G come alive - 60 total demos will highlight the power of 5G to transform Industry 4.0 ...
- MarketWatch
Nokia's stock surges on heavy volume, after Ericsson's upbeat results and Brexit deal
Shares of Nokia Corp. shot 3.9% on heavy premarket volume Thursday, in the wake upbeat results from fellow Nordic networking company Ericsson and optimism in European stocks after a Brexit deal was announced. Trading volume in Nokia's stock topped 1.1 million shares, making it the second-most actively traded ahead of the open. Ericsson's stock surged 6.6% toward a 3-month high after the company reported a surprise third-quarter loss but revenue that beat expectations, according to FactSet data. The company reported an improvement in gross margin and said it saw signs of a turnaround in digital services. Separately, the Euro Stoxx 50 rose 0.2% and the FTSE 100 gained 0.6% as Britain and the European Union agreed on a deal for Britain to leave the EU.
- MarketWatch
European stocks turn higher as leaders declare Brexit deal
European stocks turned higher Thursday as key political leaders say they’ve reached a deal for U.K. to exit the European Union.
- Reuters
UPDATE 2-Tempered Brexit hopes drag European stocks into red
European shares edged lower on Thursday, as strong earnings from Sweden's Ericsson were offset by fading optimism over the Brexit deal amid investor worries about its support in the British parliament. The pan-European STOXX 600 index closed down 0.1% after gaining as much as 0.9%, as investors initially cheered news that the European Union and Britain had clinched a deal on the terms of Britain's exit from the bloc.
- PR Newswire
Ericsson Reports Third Quarter Results 2019
STOCKHOLM , Oct. 17, 2019 /PRNewswire/ -- Third quarter highlights Sales were SEK 57.1 (53.8) b . Sales adjusted for comparable units and currency increased by 3% driven by strong growth in North America ...
- Reuters
UPDATE 2-Ericsson earnings top forecast as 5G takes off
Telecoms equipment maker Ericsson beat quarterly core earnings expectations on Thursday and lifted its market forecast for this year and its sales target for 2020, saying demand for superfast 5G networks was taking off earlier than expected. 5G networks are at the centre of a brewing technology war between United States and China, as they are expected to host critical functions from autonomous vehicles to smart electric grids and military communications, underscoring their importance to national security. Washington has put Chinese supplier Huawei on a trade blacklist and led a worldwide campaign to convince allies to ban the firm from their 5G networks, alleging its equipment could be used by Beijing for spying - which Huawei has repeatedly denied.
- Simply Wall St.
Can Telefonaktiebolaget LM Ericsson (publ) (STO:ERIC B) Improve Its Returns?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
- Zacks
Ericsson to Support Rural Wireless Internet Service Providers
Ericsson (ERIC) will provide its industry-leading radio system for use across Xtreme Enterprises' network solution and service portfolio to deliver stable broadband speed and reliability of data usage.
- Reuters
Despite political headwinds, Huawei wins 5G customers in Europe
China's Huawei may be facing closer official scrutiny in Europe amid U.S. allegations that it poses a security threat, but mobile operators in the region are still queuing up to buy its gear for their next-generation 5G networks. Of 65 commercial deals that Huawei has signed, half are with European customers building ultra-fast fifth-generation networks, the global networks market leader said on Tuesday at a client conference in Zurich.
- PR Newswire
Ericsson partners with Xtreme Enterprises to support rural WISPs in America
- Strategic partnership allows Ericsson to include its Ericsson Radio System into Xtreme's network solution and service portfolio - New products allow Xtreme to provide carrier-class wireless solutions ...
- Zacks
Ericsson (ERIC) Gears Up for Q3 Earnings: What's in Store?
Ericsson's (ERIC) third-quarter results are supported by commercial 5G contract wins in 19 customer networks across 15 countries, spanning four continents.
- PR Newswire
Watch Communications chooses Ericsson to build rural FWA services in the Midwest
- Partnership with Ericsson will allow Watch Communications to deliver increased internet connectivity to rural communities in Ohio, Illinois and Indiana - USD 53 million project will use Ericsson's Radio ...
- Reuters
UPDATE 1-New German rules leave 5G telecoms door open to Huawei
Government officials confirmed that Germany's so-called security catalogue foresaw an evaluation of technical and other criteria, but that no single vendor would be barred in order to create a level playing field for equipment vendors. The United States has piled pressure on its allies to shut out Huawei, the leading telecoms equipment vendor with a global market share of 28%, saying its gear contained 'back doors' that would enable China to spy on other countries. German operators are all customers of Huawei and have warned that banning the Chinese vendor would add years of delays and billions of dollars in costs to launching 5G networks.
- Reuters
German security rulebook to keep 5G door open to Huawei - source
A new German security rulebook will not exclude Chinese telecoms equipment maker Huawei Technologies from supplying gear for the country's 5G mobile networks, a senior government source said on Monday. The 'security catalogue', due to be published this week, will confirm Germany's decision to keep a level playing field for suppliers to next-generation telecoms networks, despite calls by the United States to ban Huawei. Operators had warned that banning Huawei could add years of delays and billions of dollars in costs to rolling out 5G networks in Germany that could power super-fast home broadband, connected factories or, one day, self-driving cars.
- Insider Monkey
Were Hedge Funds Right About Dumping Telefonaktiebolaget LM Ericsson (publ) (ERIC)?
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]
Reuters VideosEricsson prospers on 5G takeoff
The world's mobile phone networks are being upgraded for 5G. The next-generation service will offer much faster data speeds. And that looks like being good news for Ericsson. The Swedish telecom gear maker beat forecasts on Thursday (October 17). It says 5G is catching on faster than it expected. Ericsson lifted its outlook for the year by about ten percent as a result. It now expects sales of up to 24.5 billion dollars. One surprise though. Ericsson says it's not seeing any benefit from the woes of its big rival. Huawei - the largest maker of telecoms equipment - is blacklisted by the U.S. over allegations it cooperates with Chinese spies. That's something the firm strongly denies. But Australia and New Zealand have joined the U.S. in banning the Chinese firm from their 5G networks. Some analysts thought that would let Ericsson cash in. But chief executive Borje Ekholm says that's not the case. He says all it's done is create worry and uncertainty in the market - to everyone's detriment.
