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Telefonaktiebolaget LM Ericsson Q2 EPS $(0.31) Misses $0.05 Estimate, Sales $5.59B Beat $5.36B Estimate

Author: Benzinga Newsdesk | July 12, 2024 01:35am

Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) reported quarterly losses of $(0.31) per share which missed the analyst consensus estimate of $0.05 by 724 percent. This is a 545.71 percent decrease over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $5.59 billion which beat the analyst consensus estimate of $5.36 billion by 4.33 percent. This is a 8.70 percent decrease over sales of $6.13 billion the same period last year.

Posted In: ERIC


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