ERIC - Telefonaktiebolaget LM Ericsson (publ)
8.33 +0.69 (9.03%)
Pre-Market: 8:53AM EDT
| Previous Close | 7.65 |
| Open | 0.00 |
| Bid | 8.34 x 1000 |
| Ask | 8.35 x 1100 |
| Day's Range | 7.62 - 7.74 |
| 52 Week Range | 5.52 - 8.05 |
| Volume | 4,066,828 |
| Avg. Volume | 6,051,742 |
| Market Cap | 24.829B |
| Beta | 0.91 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.89 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.13 (1.64%) |
| Ex-Dividend Date | 2018-04-02 |
| 1y Target Est | 7.50 |
- CNBC•1 hour ago
Stocks making the biggest moves premarket: MS, GOOGL, TXN, UAL, NFLX & more
Morgan Stanley reported second quarter profit of $1.30 per share , beating the consensus estimate of $1.11 a share. Revenue beat forecasts, as Morgan Stanley reported strong investment banking and wealth-management results. Morgan Stanley also raised its quarterly dividend to 30 cents per share from 25 cents a share.
Reuters•4 hours agoTech lifts European shares as currency weakens; autos up
European shares hit a one-month high on Wednesday supported by currency weakness and a rally in tech stocks following well-received earning updates and a record close for the Nasdaq. The upbeat remarks from Powell, who will continue his testimony to Congress on Wednesday, lifted the dollar, which in turn helped shares in Europe's export-oriented sectors rise. "Another bullish update with Powell once again talking up the strength of the US economy could see the dollar extend its gains from Tuesday's session," said Jasper Lawler, head of research at London Capital Group.
- Associated Press•4 hours ago
Ericsson: 2Q Earnings Snapshot
On a per-share basis, the Stockholm-based company said it had a loss of 7 cents. Losses, adjusted for restructuring costs and amortization costs, were 1 cent per share. The results did not meet Wall Street ...
- Reuters•5 hours ago
Sweden's Ericsson swings to modest profit as savings kick in
Mobile telecom equipment maker Ericsson posted an unexpected swing to a modest operating profit, saying it was boosted by growing sales traction in North America, which gave it confidence of meeting longer-term financial targets. Ericsson said on Wednesday it had completed an annual cost savings programme by saving more than 10 billion crowns, which would increasingly be reflected in its earnings. "We have good market traction in Networks, with a sales growth of 2 percent, particularly in North America where all major operators are preparing for 5G," CEO Borje Ekholm said in a statement.
- PR Newswire•6 hours ago
Ericsson Reports Second Quarter Results 2018
STOCKHOLM , July 18, 2018 /PRNewswire/ -- Second quarter highlights Sales as reported and sales adjusted for comparable units and currency both decreased by -1% YoY. Segment Networks showed a sales growth ...
- The Wall Street Journal•6 hours ago
[$$] Ericsson Losses Widen
AB’s (ERIC) second-quarter losses widened significantly as the company continues restructuring while investing heavily in research and development, but margins continued developing toward target levels, it said Wednesday. Ericsson’s second-quarter net loss ballooned to 1.8 billion Swedish kronor ($204.1 million) from SEK457 million as sales fell 1% to SEK49.81 billion. The gross margin rose to 34.8% from 29.1% and the operating margin was 0.3% from a negative margin of 1.1%.
- PR Newswire•6 hours ago
Ericsson Reports Second Quarter Results 2018
STOCKHOLM , July 18, 2018 /PRNewswire/ -- Second quarter highlights Sales as reported and sales adjusted for comparable units and currency both decreased by -1% YoY. Segment Networks showed a sales growth ...
- PR Newswire•7 hours ago
Ericsson Reports Second Quarter Results 2018
STOCKHOLM , July 18, 2018 /PRNewswire/ -- Second quarter highlights Sales as reported and sales adjusted for comparable units and currency both decreased by -1% YoY. Segment Networks showed a sales growth ...
- Reuters•7 hours ago
Sweden's Ericsson swings to modest profit as savings kick in
Mobile telecom equipment maker Ericsson posted an unexpected swing to a modest operating profit, saying it was boosted by growing sales traction in North America, which gave it confidence of meeting longer-term financial targets. Ericsson said on Wednesday it had completed an annual cost savings programme by saving more than 10 billion crowns, which would increasingly be reflected in its earnings. "We have good market traction in Networks, with a sales growth of 2 percent, particularly in North America where all major operators are preparing for 5G," CEO Borje Ekholm said in a statement.
Bloomberg•7 hours agoEricsson CEO Hits Stride as Turnaround Rewards Investor Patience
In Borje Ekholm’s first year leading Ericsson AB, he asked investors for patience several times as the company struggled to reverse years of dwindling market share and strategic missteps. Ericsson’s stock surged as much as 11 percent on Wednesday after profitability improved at a quicker pace than analysts had estimated for the second straight quarter at the Swedish maker of wireless networks. After years of falling sales, the company’s networks unit saw an increase in revenue, driven by North America, where all major carriers are preparing for fifth-generation networks.
- Benzinga•17 hours ago
LM Ericsson Telephone's Earnings Preview
On Wednesday, LM Ericsson Telephone (NASDAQ: 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 ...
- Market Realist•yesterday
A Look at Ericsson’s Stock Valuation
Ericsson (ERIC) has an expected market cap-to-revenue ratio of 1.17x for 2018 and 1.19x for 2019. The company’s EV-to-revenue (enterprise value-to-revenue) ratio is expected to be 1.11x in 2018 and 1.09x in 2019, while its EV-to-EBITDA ratio is expected to be 15.6x in 2018 and 11.6x in 2019.
- PR Newswire•yesterday
Ericsson, Telstra and Intel Achieve First End-to-end Multi-vendor 5G Commercial Network Data Call Over Licenced 3.5GHz Spectrum
WASHINGTON , July 17, 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC), Telstra and Intel have successfully completed th e first end-to-end 5G non-standalone (NSA) 3GPP data call on a commercial mobile network ...
Yahoo Finance Video•2 hours agoYahoo Finance Live: Market Movers
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