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Telefonaktiebolaget LM Ericsson (publ) (ERIC)
After hours: 07:22PM EDT
| Previous close | 11.68 |
| Open | 11.60 |
| Bid | 11.58 x 3200 |
| Ask | 11.59 x 27000 |
| Day's range | 11.54 - 11.64 |
| 52-week range | 10.30 - 15.32 |
| Volume | 4,271,444 |
| Avg. volume | 6,151,518 |
| Market cap | 38.509B |
| Beta (5Y monthly) | 0.14 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.72 |
| Earnings date | N/A |
| Forward dividend & yield | 0.20 (1.57%) |
| Ex-dividend date | 31 Mar 2021 |
| 1y target est | 16.91 |
- Motley Fool
Should Investors Worry About Ericsson's Challenges in China's 5G Market?
Following a Swedish court's decision last month to uphold Swedish telecom regulator PTS's decision to ban Chinese vendor Huawei from selling its 5G equipment in Sweden, the threat of Ericsson's (NASDAQ: ERIC) business in China suffering negative consequences intensified and then it materialized. During the second quarter, the Swedish telecom specialist saw a significant drop in its sales in China. Overall, Ericsson had a good second quarter.
- Motley Fool
Telefonaktiebolaget LM Ericsson (ERIC) Q2 2021 Earnings Call Transcript
ERIC earnings call for the period ending June 30, 2021.
- Motley Fool
Why Ericsson Stock Is Tanking Today
Shares of Ericsson (NASDAQ: ERIC) are tanking on Friday, down by 10% as of 11:40 a.m. EDT, after the company reported second-quarter earnings. The results came in below expectations, due in part to weakness in China. Revenue in the second quarter came in at 54.9 billion Swedish kronor ($632.7 million), which missed the consensus estimate of 57.6 billion SEK.
