In the newest buying and selling session, Nokia (NOK) closed at $3.48, marking no change from the day past. This transfer lagged the S&P 500’s day by day achieve of 0.91%. Elsewhere, the Dow gained 1.22%, whereas the tech-heavy Nasdaq added 1%.
Heading into at present, shares of the know-how firm had misplaced 2.52% over the previous month, lagging the Pc and Know-how sector’s achieve of 1.41% and the S&P 500’s achieve of 1.65% in that point.
Wall Road will likely be on the lookout for positivity from NOK because it approaches its subsequent earnings report date. On that day, NOK is projected to report earnings of $0.14 per share, which might symbolize a year-over-year decline of 6.67%. In the meantime, the Zacks Consensus Estimate for income is projecting web gross sales of $7.67 billion, down 2.16% from the year-ago interval.
NOK’s full-year Zacks Consensus Estimates are calling for earnings of $0.22 per share and income of $25.93 billion. These outcomes would symbolize year-over-year modifications of -18.52% and -2.44%, respectively.
Any current…