|Bid||0.00 x 3100|
|Ask||0.00 x 3100|
|Day's Range||13.52 - 13.81|
|52 Week Range||7.95 - 15.32|
|Beta (5Y Monthly)||0.12|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.20 (1.47%)|
|Ex-Dividend Date||Mar 31, 2021|
|1y Target Est||16.25|
Sweden's Ericsson on Wednesday reported first-quarter core earnings above market estimates as strong 5G equipment sales offset a loss of royalty income due to a patent fight with Samsung Electronics. The coronavirus crisis has fast-tracked 5G adoption as governments prioritise digital growth, boosting telecom equipment makers such as Ericsson and Finland's Nokia. Quarterly adjusted operating earnings rose to 5.3 billion Swedish crowns ($627.9 million) from 4.6 billion crowns a year ago, beating the mean forecast of 5.0 billion crowns, according to Refinitiv estimates.
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