Earnings Preview For Nokia
Portfolio Pulse from Benzinga Insights
Nokia (NYSE:NOK) is scheduled to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $0.15. Investors are looking for an earnings beat and positive guidance for future growth. Nokia's stock performance has been negative over the past year, with shares down 28.9%. The company's past earnings have shown a mix of misses and beats, with corresponding share price movements.
January 24, 2024 | 4:00 pm
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NEUTRAL IMPACT
Nokia is expected to report an EPS of $0.15 in its upcoming earnings. Past performance shows a correlation between earnings results and stock price movement. With a negative trend over the past year, investors are focused on earnings and guidance.
The short-term impact on NOK's stock price will likely hinge on whether the company meets or exceeds the EPS estimate and provides positive future guidance. However, given the mixed past performance and overall negative trend, the score remains neutral as the market may have already priced in the potential outcomes.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100