European Earnings Seen Up 22.4%—And It’s Not Just Energy
European earnings estimates are broadening beyond energy as STOXX 600 profit growth is seen at 22.4% for the second quarter.
What happened
European earnings estimates are broadening beyond energy as STOXX 600 profit growth is seen at 22.4% for the second quarter.
Why it matters
The more important signal is breadth: even excluding energy, earnings are expected to rise about 11.5%, while revenue growth is projected at roughly 12.6%.
What to watch
Watch whether broader earnings growth continues to support European equities near record levels.
Transcript
European earnings estimates are broadening beyond energy as STOXX 600 profit growth is seen at 22.4% for the second quarter. The more important signal is breadth: even excluding energy, earnings are expected to rise about 11.5%, while revenue growth is projected at roughly 12.6%. Watch whether broader earnings growth continues to support European equities near record levels. FreshInsight delivers source-grounded finance briefs for market professionals. Source: Reuters Not financial advice. For information and education only.
Primary sources
Reuters
Distribution
YouTube / 3OSPTHMC318
Topics
finance, freshinsight, equities, earnings, european, energy, seen, stoxx-600, european-earnings, earnings-season, corporate-profits, ex-energy-earnings, revenue-estimates, european-equities, not, european-blue-chip-companies, lseg-ibes, just
Disclaimer
Information and education only. Not financial advice.