Nokia (NYSE: NOK) has announced that it will be releasing its financial results for the third quarter of 2024 on Thursday 17th October 2024. The report will be made available before market open, allowing investors and analysts to evaluate the company's performance during this period.
In accordance with the predictions of financial analysts on Wall Street, the establishment is on track to report an expected per share of $0.08 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $5.34 billion for this quarter.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.05. This notable figure was achieved due to the company's impressive total revenue of $5.42 billion recorded during that specific period.
The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $22.22 billion. They also believe the company will reach about profit of $0.37 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.07 | -12.5% | 4.81 B | -22.7% |
| Q1 2024 | $0.10 | +66.7% | 5.07 B | -19.4% |
| Q4 2023 | $0.11 | -31.3% | 6.14 B | -19.2% |
| Q3 2023 | $0.05 | -50.0% | 5.42 B | -13.8% |
| Q2 2023 | $0.08 | -27.3% | 6.22 B | -0.6% |
| *Growth on year-over-year basis | ||||
Nokia (NOK) shares experienced a range of $4.39 to $4.49 on a day volume of 38.28 million shares. The stock closed Wednesday's regular trading session at $4.46, reflecting a 1.13 percent advance.
