They do not have to warn. They offered guidance for this quarter during the last earnings. They said it would be a weak quarter. There was a lot of logistics and parts issues involved in rolling out such a massive new eco system and phones (Windows 8, lumias & Ashas). I have no idea what the earnings will be. There are a lot of sources of income for Nokia that no one including analyst even track. In addition, you have the Asha phones that you never hear 1 word about. They sold 9 million Asha's last quarter if I remember correctly. I personally do not see how they can miss earnings but that is just my opinion. It is just the massive amount of Patents, Map Revenue and Revenue from Microsoft for Intellectual Property alone that I think they can make the numbers by working the balance sheet in their favor. That plus large sales of phones when they were in fact in stock. Stock shortages are widely publicized and I would not invest personally for a short term gain based on earnings blow out in the first quarter. There are also unlimited announcements, a buyout, merger or major contract announcement that can move this stock. If you want to be informed just prior to earnings and be safe watch Att, Verizon & China Mobiles earnings and statements. I honestly do not know if they are before Nok's earnings. If they are they would provide clues in my opinion. If I knew you I would say this stock is going to make you some BIG money this year. However, I do not know you so I will so I do not know if the earnings this quarter will be good. They do not have to warn prior to earnings, they already have.
Mid-April. No date set yet. Pre-announcements tend to occur 2-3 weeks out from earnings. Anyone expecting a big uptrend in margins knows more about the market than the company. Below excerpted from Nokia Q4/2012 PR.
- Nokia expects its Devices & Services non-IFRS operating margin in the first quarter 2013 to be approximately negative 2 percent, plus or minus four percentage points.
- Nokia expects Location & Commerce non-IFRS operating margin in the first quarter 2013 to be negative due to lower recognized revenue from internal sales, which carry higher gross margin, and to a lesser extent by a negative mix shift within external sales.
- Nokia and Nokia Siemens Networks expect Nokia Siemens Networks non-IFRS operating margin in the first
quarter 2013 to be approximately positive 3 percent, plus or minus four percentage points. This outlook is based on Nokia Siemens Networks’ expectations regarding a number of factors.