A Preview Of Telefonaktiebolaget L M's Earnings
Portfolio Pulse from Benzinga Insights
Telefonaktiebolaget L M (NASDAQ:ERIC) is set to release its quarterly earnings report on October 17, 2023. Analysts estimate an earnings per share (EPS) of $0.07. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price. Over the last 52-week period, shares are down 24.31%.
October 16, 2023 | 3:00 pm
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Telefonaktiebolaget L M is expected to report an EPS of $0.07 in its upcoming earnings. Despite beating EPS estimates in the past, the company's share price has generally dropped post-announcement.
Telefonaktiebolaget L M has a history of beating EPS estimates but experiencing a drop in share price following the announcement. Given this trend and the fact that the company's shares are down 24.31% over the last 52-week period, it is likely that the upcoming earnings report could have a negative impact on the company's stock price in the short term.
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