Forbes.com: Nokia, Motorola Seen Delivering Solid Q4
Nokia, Motorola Seen Delivering Solid Q401.13.05, 11:44 AM ET
Bear Stearns reiterated a "market weight" rating on the telecommunications equipment sector and said it expects a solid fourth quarter from Nokia (nyse: NOK - news - people ) and Motorola (nyse: MOT - news - people ). The research firm reiterated a "peer perform" rating on Motorola and said it expects the company to outperform by 3 cents the fourth-quarter earnings-per-share estimate of 23 cents, and to exceed the estimate of $8.5 billion in revenue. Bear Stearns reiterated an "outperform" rating on Nokia, saying the company is also expected to exceed estimates thanks to market growth in Europe. For the sector, Bear Stearns forecasts fourth-quarter unit shipments to increase 13% ...
Forbes.com: Nokia, Motorola Seen Delivering Solid Q4
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