Telefonaktiebolaget L M Ericsson ADR
ERIC: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.tv | LOCK|^T | LOCK|<!tFPn |
Ericsson Earnings: Strong Cellular Hardware Deliveries Surprise, but a Question of How Durable
Ericsson's third-quarter net sales rose 6%, and EBITA margin expanded 4 percentage points year over year. Networks grew 9%, the first sales growth in over a year, buoyed by cellular hardware wins and intellectual property licensing.
