Nokia (NYSE: NOK ) is expected to report Q4 earnings on Jan. 24. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Nokia's revenues will wither -18.2% and EPS will drop -37.5%.
The average estimate for revenue is $10.63 billion. On the bottom line, the average EPS estimate is $0.05.
Last quarter, Nokia booked revenue of $9.30 billion. GAAP reported sales were 23% lower than the prior-year quarter's $12.08 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.09. GAAP EPS were -$0.34 for Q3 compared to -$0.03 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 27.6%, 50 basis points worse than the prior-year quarter. Operating margin was -1.1%, 160 basis points worse than the prior-year quarter. Net margin was -13.4%, 1,260 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $39.86 billion. The average EPS estimate is -$0.24.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 2,992 members out of 3,342 rating the stock outperform, and 350 members rating it underperform. Among 678 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 599 give Nokia a green thumbs-up, and 79 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Nokia is hold, with an average price target of $2.33.
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