Nokia Q3 2024 Adj. EPS $0.07 Misses $0.08 Estimate, Sales $4.755B Miss $5.344B Estimate
Portfolio Pulse from Benzinga Newsdesk
Nokia's Q3 2024 earnings report shows a miss on both EPS and sales estimates. The company reported an EPS of $0.07, missing the $0.08 estimate, and sales of $4.755 billion, below the $5.344 billion estimate. Despite the miss, EPS increased by 20.37% from last year.
October 17, 2024 | 5:05 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Nokia's Q3 2024 earnings missed analyst estimates with an EPS of $0.07 and sales of $4.755 billion. Despite the miss, EPS increased by 20.37% from last year.
Nokia's earnings and sales both missed analyst expectations, which is likely to negatively impact the stock price in the short term. However, the year-over-year increase in EPS may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100