NEW YORK (TheStreet) -- Ericsson (ERIC) - Get Report stock is higher by 2.57 to $9.57 in late-afternoon trading on Tuesday, before the company releases its 2015 fourth quarter financial results ahead of tomorrow's market open. 

Analysts have forecast for a year-over-year rise in both earnings and revenue. 

Analysts surveyed by Thomson Reuters expect the company to report earnings of 24 cents per share on revenue of $8.46 billion for the most recent quarter.

Last year, the company reported earnings of 15 cents per share on revenue of $8.2 billion for the fiscal 2014 fourth quarter. 

Ericsson is a Sweden-based provider of communications technology and services.

Separately, TheStreet Ratings team rates the stock as a "hold" with a ratings score of C.

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Ericsson's strengths such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels are countered by weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. 

You can view the full analysis from the report here: ERIC

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author. 

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