GOOGL - 5 Considerations Ahead Of Nokia's Q2 2024 Earnings

2024-07-13 09:00:00 ET

Summary

• Markets do not expect Nokia to post a great Q2 report: expectations are high on its outlook.
• Nokia's stock gained 16.67% since Q1 results, outperforming S&P 500.
• Q1 results showed improved operating margins and strong free cash flow.
• Analysts expect weak Q2 but anticipate growth in revenue and EPS in the next two quarters, and a break out in 2026.

In the three months since posting first-quarter results, Nokia ( NOK ) gained 16.67%. This return is almost double that of the S&P 500 ( IVV ), which gained 8.15%. When the communications equipment supplier reports Q2 results this Thursday, July 18, 2024, what should shareholders expect?...

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