Finnish telecom network equipment maker Nokia on Thursday reported third-quarter profit in-line with expectations but lowered its full-year profit forecasts for 2019 and 2020, citing tough competition and additional investments. Nokia now sees 2019 underlying earnings per share (EPS) at 0.18 euros to 0.24 euros and 2020 EPS at 0.20 euros to 0.30 euros. Nokia reported a slip in underlying earnings to 0.05 euros per share during the July to September period, compared to 0.06 euros a year ago, but in line with 0.05 euros forecast in a Refinitiv poll. …read more
Source:: Yahoo Finance
