collected by :Roy Mark
(To watch Long's track record, click here)For the 3rd quarter Nokia corporation posted €5.5 bn in income and €0.09 in EPS. Thanks to a licensing catch-up payment from LG, Nokia phone was enable to of outclass EPS expectations with €0.03 ahead of both the analyst's as well as the Street's expectations of €0.06. Taking under account hight equipment swap expenses for following year, the analyst expects EPS can fall €0.07. Long contends, "Nokia announced largely negative 3Q17 results, and EPS win only because of a one-time item. Out of three analysts polled with TipRanks in the final three months, all three remember sidelined on Nokia phone stock.
(To watch Long's track record, click here)For the 3rd quarter Nokia corporation posted €5.5 bn in income and €0.09 in EPS. Thanks to a licensing catch-up payment from LG, Nokia phone was enable to of outclass EPS expectations with €0.03 ahead of both the analyst's as well as the Street's expectations of €0.06. Taking under account hight equipment swap expenses for following year, the analyst expects EPS can fall €0.07. Long contends, "Nokia announced largely negative 3Q17 results, and EPS win only because of a one-time item. Out of three analysts polled with TipRanks in the final three months, all three remember sidelined on Nokia phone stock.
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