Europe Q3 Earnings Growth Seen Easing to 19.4%
Analysts expect third-quarter earnings for European blue-chip companies to rise 19.4 percent from a year ago. Growth will slow from the second quarter, largely driven by the energy sector and robust fuel prices.
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Xurve View
European blue-chip companies are expected to post a 19.4% third-quarter earnings increase from a year ago, driven primarily by the energy sector. That pace slows from the second quarter as rising bond yields weigh on markets. The upcoming reporting season tests valuations after the benchmark index started the quarter with a 1.3% decline.
