Ericsson A Earnings miss, Revenue beats In Q3

  • Investing.com
Ericsson A Earnings miss, Revenue beats In Q3

Investing.com - Ericsson (BS: ERICAs ) A reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Ericsson A announced earnings per share of kr1.57 on revenue of kr68.04. Analysts polled by Investing.com anticipated EPS of kr1.82 on revenue of kr64.84B.

Ericsson A shares are up 14% from the beginning of the year and are trading at kr66.70 , down-from-52-week-high.

Ericsson A follows other major Information Technology sector earnings this month

Ericsson A's report follows an earnings missed by LM Ericsson B on Thursday, who reported EPS of kr1.56 on revenue of kr68B, compared to forecasts EPS of kr1.82 on revenue of kr64.84B.

Mycronic publ AB had beat expectations on Thursday with third quarter EPS of kr1.56 on revenue of kr1.21B, compared to forecast for EPS of kr1.36 on revenue of kr1.12B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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