Investing.com - Nokia (NYSE:NOK) ADR reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Nokia ADR announced earnings per share of €0.1469 on revenue of €7.25B. Analysts polled by Investing.com anticipated EPS of €0.1295 on revenue of €7.49B.
Nokia ADR shares are down 6% from the beginning of the year, still down 6.66% from its 52 week high of €6.40 set on December 28, 2021. They are under-performing the S&P Global 100 which is down 0.87% from the start of the year.
Nokia ADR follows other major Information Technology sector earnings this month
Nokia ADR's report follows an earnings beat by Apple on January 27, who reported EPS of €2.1 on revenue of €123.95B, compared to forecasts EPS of €1.9 on revenue of €119B.
Microsoft had beat expectations on January 25 with second quarter EPS of €2.48 on revenue of €51.73B, compared to forecast for EPS of €2.32 on revenue of €50.71B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar