Analysts expected Nokia’s third-quarter revenue at €5.06 billion and GAAP earnings per share at €0.05, ahead of a report scheduled before U.S. markets opened Oct. 22.
The amounts were forecasts ahead of the company’s release, not reported results.
Business
The estimate put GAAP earnings per share at €0.05; Nokia’s results were scheduled before U.S. markets opened Oct. 22.

Analysts expected Nokia’s third-quarter revenue at €5.06 billion and GAAP earnings per share at €0.05, ahead of a report scheduled before U.S. markets opened Oct. 22.
The amounts were forecasts ahead of the company’s release, not reported results.
Third-quarter capital expenditures were $4.732 billion, below analyst estimates, while operating cash flow and free cash flow exceeded projections.
JPMorgan’s CFO called its roughly $700 million annual AI expense estimate outdated, while Banco Santander reported lower costs in selected experiments.
Software revenue advanced 8%, while IBM raised its full-year free-cash-flow growth outlook to more than $1 billion.