E
ERIC
Ericsson American Depositary Shares
$9.58
Current Price
1W
1M
3M
6M
1Y
All
AI analysis
Read what the AI thinks of Ericsson American Depositary Shares in the app.
Analyses are generated by AI from public data and are not investment advice.
Get the app
Key figures
Dividend per share
$0.49
Yield
5.17%
EPS
$7.38
P/E
12.7
Data as of Oct 8
Why it matters for the long term
Over 10-20 years, what drives a share up is the growth of its profits (EPS) + reinvested dividends. The P/E tells you whether you are paying a lot or a little for that growth. In short: rising EPS + reasonable P/E + growing dividend = good long-term candidate.
Upcoming events
Quarterly earnings
Before the open · Expected EPS: $1.62
Oct 15
Posts
No posts about ERIC yet.
About Ericsson American Depositary Shares
Ericsson is a Swedish company that builds the equipment and software that mobile phone carriers use to run their wireless networks, including 5G. Carriers such as AT&T and Vodafone buy its radio gear, network software, and support services. Ericsson earns money from those equipment sales, from long-term service contracts, and from patent licensing fees paid by phone makers.