Nokia Corporation (NYSE:NOK) shares are trading lower Tuesday after the company announced it is cutting its full-year 2025 operating profit outlook due to currency headwinds and tariff impacts.
What To Know: Nokia lowered its comparable operating profit guidance range to between 1.6 billion euros and 2.1 billion euros, down from the previous range of 1.9 billion euros to 2.4 billion euros, issued in January. The company stated that while its core business performed as expected in the first half of the year, the recent weakening of the U.S. dollar and the current tariff environment are now expected to weigh on full-year results.
