Nokia: Q1 Earnings Insights

Nokia NOK reported its Q1 earnings results on Thursday, April 20, 2023 at 01:00 AM.

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

Nokia missed estimated earnings by 20.0%, reporting an EPS of $0.064 versus an estimate of $0.08.

Revenue was up $285.00 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 1.66% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.14	0.1	0.10	0.07
EPS Actual	0.16	0.1	0.11	0.08
Revenue Estimate	7.20B	6.32B	6.15B	5.86B
Revenue Actual	7.60B	6.29B	6.26B	6.00B

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.

Earnings Calendar