* Nokia Q2 earnings
* July 16
* Q2 reported EPS seen at 0.08 euros vs 0.29 year ago
TALLINN, July 8 (Reuters) - The world's top cellphone maker Nokia is expected to report a 72-percent drop in its second quarter earnings per share from last year as consumers cut spending on new gadgets, a Reuters poll of 31 analysts showed.
Of the analysts who revealed their stance on the stock, nine were positive, three negative and eight neutral.
The following estimates are in millions of euros, unless noted, and were gathered between June 30 and July 7:
For cellphone makers Q2 PREVIEW
For Q2 industry sales POLL
SECOND QUARTER
Mean Median High Low No. Yr ago Net sales 10,087 10,095 11,080 9,276 31 13,151 - Devices 6,567 6,516 7,285 6,250 29 9,090 - Navteq 156 150 204 134 29 n/a - NSN 3,386 3,396 3,864 3,000 29 4,067 Gross margin (percent) 32.1 32.2 33.6 29.6 27
33.6 EBIT (non-IFRS) 741 713 1,073 607 25 n/a - Devices 745 743 944 617 24 n/a - Navteq 18 18 45 0 24 n/a - NSN 7 -4 235 -86 23 n/a EBIT 419 416 648 133 23 1,474 - Devices 659 669 776 562 17 1,565 - Navteq -83 -98 0 -125 17 n/a - NSN -126 -148 0 -254 17 -47 Pretax profit 385 400 633 93 24 1,477 Net result 312 321 468 85 23 1,103 EPS (eur, non-IFRS) 0.13 0.13 0.17 0.11 21 n/a EPS (eur, fully dil) 0.08 0.09 0.13 0.02 24 0.29 Phone ASP (euros) 65 65 73 62 27 74
FY2009
Mean Median High Low No. Yr ago Net sales 41,846 41,703 44,709 39,568 30 50,710 - Devices 27,533 27,422 29,752 24,906 28 35,099 - Navteq 652 636 778 553 28 361 - NSN 13,697 13,662 15,166 12,415 28 15,309 Gross margin (%) 32.4 32.6 34.5 29.5 26 34.3 EBIT (NON-IFRS) 3,453 3,378 4,426 2,677 25 7,033 - Devices 3,420 3,376 4,105 2,858 24 6,373 - Navteq 85 91 167 -71 24 82 - NSN 79 40 499 -301 23 757 EBIT 2,209 2,137 3,053 1,288 22 4,966 - Devices 3,112 3,249 3,542 1,968 17 5,816 - Navteq -286 -370 151 -444 17 -153 - NSN -503 -531 0 -845 17 -301 Pretax profit 2,058 1,952 3,065 1,126 22 4,970 Net result 1,671 1,674 2,310 984 22 3,988 EPS(eur,non-IFRS) 0.66 0.68 0.78 0.55 20 1.34 EPS(eur,ful dil) 0.46 0.45 0.62 0.26 24 1.05 Div/sh (euros) 0.34 0.40 0.42 0.19 19 0.40 Phone ASP (euros) 65 65 72 62 27 74
FY2010
Mean Median High Low No. Net sales 43,509 43,877 48,999 37,905 28 - Devices 28,942 29,156 32,035 22,328 26 - Navteq 758 745 950 530 26 - NSN 14,020 14,087 16,154 12,211 26 Gross margin (%) 34.0 34.0 36.2 30.4 25 EBIT (NON-IFRS) 4,937 4,810 6,132 3,514 24 - Devices 4,362 4,359 5,445 3,199 23 - Navteq 145 145 221 27 23 - NSN 561 535 1 089 -273 22 EBIT 4,025 3,944 5,182 2,055 21 - Devices 4,175 4,071 5,103 2,769 15 - Navteq -208 -261 168 -402 15 - NSN 148 74 696 -146 15 Pretax profit 4,087 3,882 6,141 2,980 21 Net result 2,925 2,815 4,111 2,139 21 EPS(eur,non-IFRS) 0.93 0.93 1.13 0.69 19 EPS(eur, ful dil) 0.79 0.78 1.11 0.57 23 Div/sh (euros) 0.39 0.40 0.60 0.23 19 Phone ASP (euros) 63 63 74 59 26
Analysts from the following banks and brokerages contributed to the poll: BBVA Bolsa, Carnegie, Credit Suisse, Danske Bank, eQ Bank, Erik Penser, Exane BNP Paribas, FIM, First Global, Grupo Santander, Iber Securities, JP Morgan, Kepler Capital Markets, LBBW, Natixis, Nomura Securities, Oppenheimer & Co INC., Piper Jaffrey, Raymond James, RBC Capital Markets, Redeye, Royal Bank of Scotland, Sal. Oppenheim, Sanford Bernstein & CO, Scotia Capital, SEB Enskilda, SP Equity Research, Swedbank, UBS, UniCredit and Ohman Fondkommission.
Data for Reuters Nordics earnings polls compiled by Inquiry Financial Intelligence.
For more details on the data, please click on www.ConsensusEstimates.com.
(Reporting by Tarmo Virki; editing by Elaine Hardcastle)