European Earnings Forecasts Rise for Ninth Week
European corporate earnings forecasts rose for a ninth straight week as the economic recovery broadened beyond energy profits into cyclical sectors like industrials and basic materials. Most reporting firms exceeded analyst expectations.
Xurve View
Insights:
Xurve View
European blue-chip earnings forecasts rose for a ninth straight week, with aggregate profit growth projected at 24.1%. The broadening recovery extends beyond surging energy profits into cyclical sectors. This expansion signals stronger underlying health across European markets despite persistent geopolitical headwinds.
