Earnings Alerts

Nokia OYJ (NOKIA) Earnings: 2Q Adjusted Operating Profit Surpasses Estimates with Strong Margins

  • Adjusted operating profit: €423 million, surpassing estimate of €371.9 million.
  • Adjusted operating margin: 9.5%, above the estimated 7.45%.
  • Adjusted gross margin: 44.7%, higher than the estimated 41.2%.
  • Cloud & Network Services net sales: €615 million, below the estimate of €708.7 million.
  • Nokia Technologies net sales: €356 million, exceeding the estimate of €330.8 million.
  • Group Common & Other net sales: €4 million, falling short of the estimate of €26.6 million.
  • Operating profit: €432 million, much higher than the estimate of €223.4 million.
  • Mobile Networks operating profit: €171 million, greatly surpassing the estimate of €9.02 million.
  • Network Infrastructure operating profit: €97 million, under the estimate of €205.5 million.
  • Cloud & Network Services operating loss: €25 million, versus an estimated profit of €15.7 million.
  • Nokia Technologies operating profit: €258 million, higher than the estimate of €245.3 million.
  • Group Common & Other operating loss: €78 million, lower than the estimated loss of €88.9 million.
  • Mobile Networks gross margin: 43.2%, above the estimate of 37%.
  • Network Infrastructure gross margin: 38.4%, near the estimate of 38.5%.
  • Cloud & Network Services gross margin: 33.7%, below the estimate of 37.1%.
  • Nokia Technologies gross margin: 100%, matching the estimate of 100%.
  • Market recommendations: 10 buys, 16 holds, and 3 sells.

A look at Nokia OYJ Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth5
Resilience5
Momentum4
OVERALL SMART SCORE4.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Nokia OYJ appears to have a positive long-term outlook across multiple factors. With top scores in Value, Growth, Resilience, and strong scores in Dividend and Momentum, the company seems to be well-positioned for sustained success. Nokia OYJ‘s strong emphasis on value, growth potential, resilience in the face of challenges, and consistent performance momentum bode well for its future prospects.

Nokia OYJ, a global communications company with a network of production facilities specializing in location intelligence and network infrastructure, as well as a robust sales and customer service network, also boasts worldwide research and software development capabilities. With high scores across key factors, Nokia OYJ appears to have a promising outlook for long-term growth and value creation in the ever-evolving communications industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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