Why Nokia Stock Swooned on Thursday [Yahoo! Finance]
Nokia Corporation Sponsored American Depositary Shares (NOK)
Last nokia corporation sponsored american depositary shares earnings: 4/30 01:00 am
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Source: Yahoo! Finance
The once-mighty telecom published its third-quarter results, and for the most part investors weren't pleased with the numbers. Nokia stock closed the day more than 3% in the red, comparing unfavorably to the essentially flat performance of the benchmark S&P 500 index. A disappointing double miss Nokia's interim third-quarter report revealed that the company's net sales fell by 8% year over year to slightly over 4.3 billion euros ($4.7 billion). Heading in the other direction was net income; this increased by 22% across that same stretch of time to 358 million euros ($389 million). On a per-share basis, the latter metric shook out to 0.06 euros per share ($0.07). Neither line item reached the consensus analyst estimate. On average, pundits tracking the telecom stock were modeling 5.21 billion euros ($5.67 billion) on the top line, and 0.07 euros ($0.08) per share for net profitability. Management put a bullish spin on the numbers, with CEO Pekka Lundmark saying, "I am optimisti
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News
- Nokia Oyj (NOK) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Nokia sees improved Q3 profit but reports 8% sales dip mainly due to weaker India market [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Nokia Corporation Interim Report for Q3 2024GlobeNewswire
- Nokia Corporation: Repurchase of own shares on 16.10.2024 [Yahoo! Finance]Yahoo! Finance
- Nokia MEA Mobile Broadband Index 2024: 5G driving rapid digital transformationGlobeNewswire
NOK
Earnings
- 10/17/24 - Miss
NOK
Analyst Actions
- 9/4/24 - Northland Securities
NOK
Sec Filings
- 10/17/24 - Form 6-K
- 10/1/24 - Form 6-K
- 8/30/24 - Form 6-K
- NOK's page on the SEC website