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Ericsson Q1 EPS $0.07 Beats $0.05 Estimate, Sales $5.13B Miss $5.34B Estimate

Author: Benzinga Newsdesk | April 16, 2024 02:15am

Ericsson (NASDAQ:ERIC) reported quarterly earnings of $0.07 per share which beat the analyst consensus estimate of $0.05 by 48 percent. This is a 7.5 percent decrease over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $5.13 billion which missed the analyst consensus estimate of $5.34 billion by 3.91 percent. This is a 14.30 percent decrease over sales of $5.99 billion the same period last year.

Posted In: ERIC


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