Finnish telecom network equipment maker Nokia on Thursday reported a surprise rise in second-quarter profit, citing higher demand, while ...
REUTERS: Finnish telecom network equipment maker Nokia on Thursday reported a surprise rise in second-quarter profit, citing higher demand, while maintaining its 2019 profit outlook.
Nokia maintained its forecasts of full-year earnings per share at 0.25-0.29 euros, and 2020 EPS of 0.37-0.42 euros. Analysts' average forecast stands at 0.23 euros for 2019 and 0.36 euros for 2020, according to Refinitiv data.The Finnish company said it now expects slight market growth in 2019, while its earlier forecast was based on a flat market.
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