Nokia is performing well

chenobserver
2021-10-29

$Nokia Oyj(NOK)$ What gets lost in the conversation of Q3 results that need to repeated time and time again.Gross Margin % was 40.8% up from 37.4% a year ago (increase of 340 basis points).Operating Margin % was 11.7% up from 9.2% a year ago (increase of 250 basis points).Return on Invested Capital % was 20.2% up from 11.6% a year ago (increase of 855 basis points).Revenue, EPS, and Supply Constraints get all the headlines, but these are incredible improvements that will drive the stock price higher. Although, Revenue is also up 6% and EPS is up 118% YOY for Q1-Q3.Nokia is performing well and eventually the stock price will start to follow suit.

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