Nokia Expects Infinera Deal To Be Accretive To Comparable Operating Profit And EPS In Year 1 And To Deliver Over 10% Comparable EPS Accretion In 2027
Portfolio Pulse from Benzinga Newsdesk
Nokia expects its deal with Infinera to be accretive to comparable operating profit and EPS in the first year and to deliver over 10% comparable EPS accretion by 2027.
June 27, 2024 | 8:56 pm
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POSITIVE IMPACT
Infinera's acquisition by Nokia is expected to be accretive to Nokia's comparable operating profit and EPS in the first year, with over 10% EPS accretion by 2027.
The acquisition by Nokia is likely to positively impact Infinera as it becomes part of a larger entity with enhanced financial prospects.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 80
POSITIVE IMPACT
Nokia expects its acquisition of Infinera to be accretive to its comparable operating profit and EPS in the first year, with over 10% EPS accretion by 2027.
The acquisition is expected to positively impact Nokia's financials, enhancing operating profit and EPS in the short term and delivering significant EPS accretion by 2027.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100