NOK Earnings Prediction
The chart below shows how NOK performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NOK sees a +2.91% change in stock price 10 days leading up to the earnings, and a +3.08% change 10 days following the report. On the earnings day itself, the stock moves by +0.37%. This data can give you a slight idea of what to expect for the next quarter's release.
NOK Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
4.75B
-12.29%
-1.11%
Gross Margin
45.24%
17.02%
4.36%
Operating Margin
9.22%
35.59%
25.61%
Net Margin
3.35%
25.47%
-59.54%
EPS
0.03
0.00%
-200.00%
No Data Available
NOK Earnings Analysis
Nokia Corporation Corporation (NOK.N) Earnings Conference Call
Positive
Network Growth Rates: Fixed Networks grew 9% in the quarter, while IP Networks grew 6%.
Cost Savings Achievement: We achieved EUR 500 million in run rate gross cost savings.
Strong Deal Momentum: We signed a number of important deals across all business groups, indicating strong deal momentum.
Strong Free Cash Flow: We continue to have a year of strong free cash flow, generating over EUR 600 million in Q3 and EUR 2 billion year-to-date.
Net Cash Position: We ended the quarter with a net cash position of EUR 5.5 billion.
Negative
Mobile Networks Sales Decline: Net sales declined by 7% in Q3, primarily driven by Mobile Networks.
Optical Networks Decline: Optical networks saw a decline of 15%, indicating ongoing weakness in that segment.
Operating Margin Challenges: Operating margin was reported at 2.5%, reflecting challenges in maintaining profitability.
Workforce Reduction Announcement: The company has reduced its workforce, with 350 job cuts announced in Europe, indicating cost management pressures.
Mobile Network Customer Decline: Customer growth in Mobile Networks was significantly impacted, with a 17% decline in sales, particularly in India.
NOK FAQs
How does NOK typically perform around its earnings report dates?
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NOK Earning Call Sentiment
Nokia Oyj (NOK) Q3 2024 Earnings Call Transcript
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00:00
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NOK.N
-0.22%Positive
Basic Financial Performance: 3 - Positive cash flow and net cash position, but mixed sales performance.
Product Development and Business Update: 3 - Growth in certain areas, but declines in others; positive order backlog.
Market Strategy: 3 - Positive momentum in orders and strategic focus on datacenters.
Expenses and Financial Health: 3 - Cost savings on track but not maximized.
Shareholder Return Plan: 3 - No specific updates.
Q&A Insights: Analysts' sentiment neutral with concerns about profitability in India and AT&T contract impact. Overall sentiment remains neutral with no strong positive or negative catalysts.