Nokia's Outlook Worsens As Revenue Slumps
Nokia (NYSE: NOK) reported its third-quarter results before the market opened on Oct. 26. A steep revenue decline was driven by weakness in the network's business, with a strong performance from the technologies segment unable to pick up the slack. Profits nearly doubled, but the company again lowered its outlook for the full year, citing challenging market conditions and increased competition. Here's what investors need to know about Nokia's third-quarter results.
Metric
Q3 2017
Source: Fool.com
Nokia Corp. A ADR Stock
€3.60
0.000%
We see a rather positive sentiment for Nokia Corp. A ADR with 7 Buy predictions and 2 Sell predictions.
With a target price of 4 € there is a slightly positive potential of 11.11% for Nokia Corp. A ADR compared to the current price of 3.6 €.
