Nokia Q4 Adj. EPS €0.10 Misses €0.11 Estimate, Sales €5.707B Miss €6.275B Estimate
Portfolio Pulse from Benzinga Newsdesk
Nokia reported Q4 adjusted earnings per share (EPS) of €0.10, falling short of the estimated €0.11. Sales for the quarter were €5.707 billion, which also did not meet the expected €6.275 billion.
January 25, 2024 | 6:23 am
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Nokia's Q4 earnings and sales missed analyst estimates, which could lead to negative investor sentiment and a potential decrease in stock price in the short term.
Earnings reports are critical events for investors, and missing estimates on both EPS and sales is typically seen as a negative indicator of a company's financial health and performance. This often results in a negative short-term reaction in the stock market as investors adjust their expectations.
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