Earnings Preview: Nokia
Portfolio Pulse from Benzinga Insights
Nokia (NYSE:NOK) is set to release its quarterly earnings report on July 20, 2023. Analysts estimate an earnings per share (EPS) of $0.08. Last quarter, the company missed EPS by $0.02, resulting in a 0.48% increase in the share price. Nokia's shares were trading at $3.88 as of July 18, with a 52-week return of -23.63%.
July 19, 2023 | 4:02 pm
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Nokia is expected to report an EPS of $0.08 in its upcoming earnings. The company's stock price increased by 0.48% after missing EPS estimates last quarter.
Nokia's earnings report is a key event that could influence its stock price. Last quarter, despite missing EPS estimates, the stock price increased, indicating that market reactions can be unpredictable. However, the overall negative return over the past 52 weeks may indicate investor dissatisfaction.
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IMPORTANCE 80
RELEVANCE 100