Recap: Nokia Q2 Earnings

Recap: Nokia Q2 Earnings

 

Nokia NOK reported its Q2 earnings results on Thursday, July 21, 2022 at 01:00 AM.

Here's what investors need to know about the announcement.

Earnings

Nokia beat estimated earnings by 10.0%, reporting an EPS of $0.11 versus an estimate of $0.1.

Revenue was down $141.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 2.43% increase in the share price the next day.

Here's a look at Nokia's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.07 0.13 0.07 0.05
EPS Actual 0.08 0.15 0.09 0.11
Revenue Estimate 5.86B 7.46B 6.49B 6.16B
Revenue Actual 6.00B 7.34B 6.37B 6.40B

To track all earnings releases for Nokia visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews