Analysts estimate that Nokia will report an earnings per share (EPS) of $0.08.
Investors in Nokia are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Earnings History Snapshot
Last quarter the company beat EPS by $0.01, which was followed by a 0.83% increase in the share price the next day.
Here's a look at Nokia's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
0.050
0.06
0.15
0.090
EPS Actual
0.065
0.10
0.11
0.054
Price Change %
1.0%
1.0%
-0.0%
-2.0%
Performance of Nokia Shares
Shares of Nokia were trading at $4.41 as of October 15. Over the last 52-week period, shares are up 39.25%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Analysts' Take on Nokia
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Nokia.
Nokia has received a total of 1 ratings from analysts, with the consensus rating as Outperform. With an average one-year price target of $6.5, the consensus suggests a potential 47.39% upside.
Analyzing Analyst Ratings ...
