Telefonaktiebolaget L M Q3 EPS $0.18 Beats $0.14 Estimate, Sales $6.168B Beat $5.790B Estimate

Telefonaktiebolaget L M (NASDAQ:ERIC) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.14 by 28.57 percent. This is a 48.57 percent decrease over earnings of $0.35 per share from the same period last year. The company reported quarterly sales of $6.168 billion which beat the analyst consensus estimate of $5.790 billion by 6.53 percent. This is a 4.37 percent increase over sales of $5.910 billion the same period last year.