Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) reported its Q4 earnings results on Tuesday, January 25, 2022 at 02:00 AM.
Here's what investors need to know about the announcement.
Earnings
Telefonaktiebolaget L M beat estimated earnings by 50.0%, reporting an EPS of $0.36 versus an estimate of $0.24, which surprised analysts.
Revenue was up $26.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02, which was followed by a 0.85% increase in the share price the next day.
Here's a look at Telefonaktiebolaget L M's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.19 | 0.15 | 0.14 | 0.21 |
| EPS Actual | 0.21 | 0.14 | 0.12 | 0.27 |
| Revenue Estimate | 6.78B | 6.67B | 6.51B | 7.75B |
| Revenue Actual | 6.51B | 6.53B | 5.93B | 8.08B |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
