Telefonaktiebolaget Lm Ericsson Earnings

Telefonaktiebolaget Lm Ericsson’s revenue fell -4.16% since last year same period to $61794Mn in the Q3 2024. On a quarterly growth basis, Telefonaktiebolaget Lm Ericsson has generated 3.25% jump in its revenue since last 3-months.

Telefonaktiebolaget Lm Ericsson’s net profit jumped 112.44% since last year same period to $3814Mn in the Q3 2024. On a quarterly growth basis, Telefonaktiebolaget Lm Ericsson has generated 134.26% jump in its net profits since last 3-months.

Telefonaktiebolaget Lm Ericsson’s net profit margin jumped 112.97% since last year same period to 6.17% in the Q3 2024. On a quarterly growth basis, Telefonaktiebolaget Lm Ericsson has generated 133.18% jump in its net profit margins since last 3-months.

Telefonaktiebolaget Lm Ericsson’s earning per share (EPS) estimates for the current quarter stand at 0.21 - a 133.33% jump from last quarter’s estimates.

Telefonaktiebolaget Lm Ericsson’s earning per share (EPS) estimates for the current year stand at 0.21.

Telefonaktiebolaget Lm Ericsson’s earning per share (EPS) jumped 100% since last year same period to 0.16 in the Q3 2024. This indicates that the Telefonaktiebolaget Lm Ericsson has generated 100% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Telefonaktiebolaget Lm Ericsson’s return on assets (ROA) stands at 0.05.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Telefonaktiebolaget Lm Ericsson’s return on equity (ROE) stands at -0.01.