$NOK Forbes Earnings Preview for April 18 Quote:

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MaxShockeR

$NOK Forbes Earnings Preview for April 18

Quote:
April 15 2013 - $NOK is expected to book a narrower loss than a year ago when it reports first quarter earnings on Thursday, April 18 , 2013 with analysts expecting a loss of 6 cents per share , up from a loss of 11 cents per share a year ago .

The consensus estimate has moved down from a loss of 5 cents over the past three months. Analysts are expecting earnings of one cent per share for the fiscal year. After being $9.79 billion a year ago, analysts project revenue to drop 11.7% year-over-year to $8.65 billion for the quarter. For the year, revenue is projected to come in at $38.15 billion.

Revenue has fallen in the past four quarters. Revenue in fourth quarter of the last fiscal year was $11.33 billion, a drop of 3.5% year-over-year. Revenue dropped 22.4% in the third quarter of the last fiscal year, fell 29% in second quarter of the last fiscal year and 33.6% in the first quarter of the last fiscal year.

Nokia saw profit in the last quarter, snapping a three-quarter streak of losses. The company reported a profit of $163.4 million in the fourth quarter of the last fiscal year , a loss of $1.25 billion in the third quarter of the last fiscal year, a loss of $1.79 billion in the second of the last fiscal year and a loss of $1.24 billion in the first quarter of the last fiscal year.

Analyst sentiment has waned during the last three months .

Earnings estimates provided by Zacks.

Source HERE

$NOK

> wonder why Zacks Analysts are so negative hmmmm

$NOK

- $NOK & Microsoft This Should Have Fans Jumping for Joy, Right?
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http://investorshangout.com/post/690383/-NOK-...n-Millions

- What's Next for $NOK – Tablets ?
http://investorshangout.com/post/671402/What-...bile-World

- $NOK Lumia 521 Coming To T-Mobile
http://investorshangout.com/post/685728/-NOK-...T-Mobile-U

- Win8 Apps development is growing fast so $NOK will benefit from it going into the smartphone APPS market
http://investorshangout.com/post/684130/Win8-...-NOK-will-

- $NOK Big New Announcement. Have You Heard?
http://investorshangout.com/post/683075/-NOK-...-Quote-Apr

-$NOK Jessica Alba in new Windows 8 Phone advertisement
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