EPS for Nokia Oyj (ADR) (NOK) Expected At $0.06

October 13, 2017 - By Richard Conner

 EPS for Nokia Oyj (ADR) (NOK) Expected At $0.06

Analysts await Nokia Oyj (ADR) (NYSE:NOK) to report earnings on October, 26 before the open. They expect $0.06 EPS, up 20.00 % or $0.01 from last year’s $0.05 per share. NOK’s profit will be $351.87 million for 24.29 P/E if the $0.06 EPS becomes a reality. After $0.09 actual EPS reported by Nokia Oyj (ADR) for the previous quarter, Wall Street now forecasts -33.33 % negative EPS growth. The stock decreased 0.85% or $0.05 during the last trading session, reaching $5.83. About 8.78M shares traded. Nokia Oyj (ADR) (NYSE:NOK) has risen 19.54% since October 13, 2016 and is uptrending. It has outperformed by 2.84% the S&P500.

Nokia Oyj (ADR) (NYSE:NOK) Ratings Coverage

Among 22 analysts covering Nokia (NYSE:NOK), 11 have Buy rating, 3 Sell and 8 Hold. Therefore 50% are positive. Nokia had 39 analyst reports since August 26, 2015 according to SRatingsIntel. The firm earned “Market Perform” rating on Friday, May 6 by Raymond James. The stock of Nokia Oyj (ADR) (NYSE:NOK) earned “Hold” rating by BMO Capital Markets on Wednesday, July 26. Cowen & Co maintained Nokia Oyj (ADR) (NYSE:NOK) on Friday, July 28 with “Hold” rating. The firm earned “Hold” rating on Wednesday, June 14 by BMO Capital Markets. The stock of Nokia Oyj (ADR) (NYSE:NOK) earned “Buy” rating by Canaccord Genuity on Monday, May 16. The rating was upgraded by Argus Research on Monday, January 18 to “Buy”. The firm earned “Hold” rating on Friday, April 28 by BMO Capital Markets. Danske Bank downgraded Nokia Oyj (ADR) (NYSE:NOK) on Wednesday, January 25 to “Sell” rating. As per Thursday, February 18, the company rating was maintained by JP Morgan. The company was downgraded on Friday, September 22 by BNP Paribas.

Nokia Oyj is a Finland-based company engaged in the network and Internet protocol infrastructure, software, and related services market. The company has market cap of $34.19 billion. The Company’s businesses include Nokia Networks and Nokia Technologies. It currently has negative earnings. The Company’s divisions include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies.

More notable recent Nokia Oyj (ADR) (NYSE:NOK) news were published by: Investorplace.com which released: “How Nokia Oyj (ADR) (NOK) Stock Can Jump Another 50%” on May 23, 2017, also Investorplace.com with their article: “How to Buy the Nokia Oyj (ADR) (NOK) Stock Pullback” published on April 18, 2017, Investorplace.com published: “Nokia Oyj (ADR) (NOK) Stock Is Nothing but a Coin Toss” on July 26, 2017. More interesting news about Nokia Oyj (ADR) (NYSE:NOK) were released by: Investorplace.com and their article: “Has Nokia Oyj (ADR) (NOK) Stock Finally Run Out of Steam?” published on August 22, 2017 as well as Investorplace.com‘s news article titled: “Nokia Oyj (ADR) (Nok) Stock Is a Case of Image vs. Reality” with publication date: June 02, 2017.

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