(NASDAQ: ERIC) ERICSSON LM TELEPHONE's forecast annual revenue growth rate of 4.64% is forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of 4.41%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.42%.
ERICSSON LM TELEPHONE's revenue in 2022 is $24,661,783,439.On average, 3 Wall Street analysts forecast ERIC's revenue for 2022 to be $81,156,596,414,100, with the lowest ERIC revenue forecast at $79,429,387,694,198, and the highest ERIC revenue forecast at $83,824,173,301,816. On average, 3 Wall Street analysts forecast ERIC's revenue for 2023 to be $83,008,255,596,332, with the lowest ERIC revenue forecast at $81,171,466,809,539, and the highest ERIC revenue forecast at $85,956,415,953,704.
In 2024, ERIC is forecast to generate $84,658,205,852,654 in revenue, with the lowest revenue forecast at $84,658,205,852,654 and the highest revenue forecast at $84,658,205,852,654.