(NASDAQ: ERIC) Ericsson Lm Telephone Co's forecast annual revenue growth rate of -0.94% is not forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of 0.45%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.55%.
Ericsson Lm Telephone Co's revenue in 2023 is $25,617,547,169.On average, 4 Wall Street analysts forecast ERIC's revenue for 2023 to be $83,229,652,903,451, with the lowest ERIC revenue forecast at $81,474,798,823,223, and the highest ERIC revenue forecast at $83,887,657,750,808. On average, 4 Wall Street analysts forecast ERIC's revenue for 2024 to be $82,595,847,329,386, with the lowest ERIC revenue forecast at $80,953,237,467,317, and the highest ERIC revenue forecast at $83,993,950,508,120.
In 2025, ERIC is forecast to generate $85,820,808,929,216 in revenue, with the lowest revenue forecast at $82,998,439,483,084 and the highest revenue forecast at $89,882,695,960,960.