Nokia Q2 EPS $0.08 Misses $0.08 Estimate, Sales $6.22B Miss $6.38B Estimate
Portfolio Pulse from Benzinga Newsdesk
Nokia reported Q2 earnings of $0.08 per share, missing the analyst consensus estimate by 5 percent. This is a 30.91 percent decrease from the same period last year. The company also reported quarterly sales of $6.22 billion, missing the analyst consensus estimate of $6.38 billion by 2.51 percent, a 0.62 percent decrease from the same period last year.
July 20, 2023 | 5:53 am
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Nokia's Q2 earnings and sales missed analyst estimates, marking a decrease from the same period last year.
Nokia's missed earnings and sales estimates are likely to negatively impact investor sentiment and could lead to a short-term decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100