Benzinga | Jan 29, 2021 07:00AM EST

Ericsson Earlier Reported Q4 EPS $0.27 Beats $0.21 Estimate, Sales $8.08B Beat $7.75B Estimate

Telefonaktiebolaget L M (NASDAQ:ERIC) reported quarterly earnings of $0.27 per share which beat the analyst consensus estimate of $0.21 by 28.57 percent. This is a 68.75 percent increase over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $8.08 billion which beat the analyst consensus estimate of $7.75 billion by 4.25 percent. This is a 13.71 percent increase over sales of $7.11 billion the same period last year.