Ericsson (NASDAQ:ERIC – Get Free Report) is projected to announce its Q2 2025 earnings results before the market opens on Tuesday, July 15th. Analysts expect the company to announce earnings of $0.12 per share and revenue of $60.54 billion for the quarter.
Ericsson (NASDAQ:ERIC – Get Free Report) last released its quarterly earnings data on Tuesday, April 15th. The communications equipment provider reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. The company had revenue of $5.68 billion during the quarter, compared to analysts’ expectations of $55.83 billion. Ericsson had a return on equity of 16.45% and a net margin of 0.67%. On average, analysts expect Ericsson to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Ericsson Stock Up 0.1%
Shares of NASDAQ:ERIC opened at $8.55 on Tuesday. The business’s 50-day moving average is $8.45 and its 200-day moving average is $8.15. Ericsson has a 1 year low of $6.31 and a 1 year high of $9.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.09 and a quick ratio of 0.88. The company has a market capitalization of $28.63 billion, a price-to-earnings ratio of 171.00, a P/E/G ratio of 6.03 and a beta of 0.93.
Institutional Investors Weigh In On Ericsson
Analysts Set New Price Targets
ERIC has been the topic of a number of recent analyst reports. Wall Street Zen raised Ericsson from a “buy” rating to a “strong-buy” rating in a research report on Thursday, April 17th. JPMorgan Chase & Co. raised their price target on Ericsson from $8.90 to $9.80 and gave the stock a “neutral” rating in a research report on Friday, April 11th. Finally, Kepler Capital Markets upgraded Ericsson from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 16th.
Read Our Latest Report on ERIC
About Ericsson
Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other.
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