Benzinga | Apr 21, 2021 08:37AM EDT

Telefonaktiebolaget L M Earlier Reported Q1 EPS $0.12 Misses $0.14 Estimate, Sales $5.93B Miss $6.51B Estimate

Telefonaktiebolaget L M (NASDAQ:ERIC) reported quarterly earnings of $0.12 per share which missed the analyst consensus estimate of $0.14 by 14.29 percent. This is a 71.43 percent increase over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $5.93 billion which missed the analyst consensus estimate of $6.51 billion by 8.85 percent. This is a 15.81 percent increase over sales of $5.12 billion the same period last year.