Telefonaktiebolaget L M (NASDAQ:ERIC) reported its Q1 earnings results on Thursday, April 14, 2022 at 02:00 AM.
Here's what investors need to know about the announcement.
Earnings
Telefonaktiebolaget L M missed estimated earnings by 33.33%, reporting an EPS of $0.1 versus an estimate of $0.15.
Revenue was down $39.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 1.03% increase in the share price the next day.
Here's a look at Telefonaktiebolaget L M's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.24 | 0.19 | 0.15 | 0.14 |
| EPS Actual | 0.36 | 0.21 | 0.14 | 0.12 |
| Revenue Estimate | 7.73B | 6.78B | 6.67B | 6.51B |
| Revenue Actual | 8.05B | 6.51B | 6.53B | 5.93B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
