Nokia Stock Drops as Earnings Report Nears

Nokia (NOK) stock fell 1.68% compared to 0.5% drop in S&P 500 and 1.23% loss in Nasdaq.

Nokia shares decreased 11.19% over last month versus 0.1% loss for Computer and Technology sector.

Nokia is expected to report EPS of $0.09 and revenue of $6.36 billion in next earnings release on October 19.

Nokia currently has a Zacks Rank of #3 (Hold) and a Forward P/E ratio of 8.57.

Nokia ranks in top 41% of all industries, per Zacks Industry Rank system which associates with stock price performance.