Latest news with #EuropeanCorporateHealth
Reuters
20-05-2025
- Business
- Reuters
European first-quarter corporate profits seen rising 2.3%, up from last week's estimate
May 20 (Reuters) - The outlook for European corporate health has improved, latest earnings forecasts showed on Tuesday. European companies are expected to report a rise of 2.3% in first-quarter earnings, on average, according to LSEG I/B/E/S data. That is up from the 1.9% increase analysts had expected a week ago.
Reuters
13-05-2025
- Business
- Reuters
European first-quarter corporate profits seen rising 1.9%, up from last week's estimate
May 13 (Reuters) - The outlook for European corporate health has improved, the latest earnings forecasts showed on Tuesday. European companies are expected to report a rise of 1.9% in first-quarter earnings, on average, according to LSEG I/B/E/S data, better than the 0.4% rise analysts expected a week ago. The improvement comes after 59.6% of the 230 STOXX 600 companies that have already reported first-quarter earnings exceeded analysts' expectations. At the time of U.S. President Donald Trump's inauguration in January, the forecasts were for a 3.5% increase in first-quarter earnings, according to LSEG data, but that reversed to expectations for a drop of as much as 3.5% following Trump's April tariff announcements. Global stocks rallied after news at the weekend of a temporary 90-day tariff de-escalation between the U.S. and China in their ongoing trade war. Consensus forecasts for first-quarter revenues have also jumped from last week, with a 2.3% increase now expected compared with an increase of 1.9% expected last week. This compares with a drop of 3.3% in earnings and a drop of 4.6% in revenues a year ago, the data showed.
Reuters
06-05-2025
- Business
- Reuters
European first-quarter corporate profits seen rising 0.4% on hopes of easing trade tensions
May 6 (Reuters) - The outlook for European corporate health has improved, the latest earnings forecasts showed on Tuesday, as markets await possible U.S. and China tariff talks and the Federal Reserve's policy announcement on Wednesday. European companies are expected to report a growth of 0.4% in first-quarter earnings, according to LSEG I/B/E/S data, compared to the 1.7% drop analysts had expected a week ago. Consensus for revenue also slightly improved, with analysts expecting a 1.9% increase, compared with a 1.4% rise expected last week. That compares to a drop of 3.3% in earnings and a drop of 4.6% in revenues a year earlier, the data showed.
