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European earnings seen rising 1.8% in Q2 - Refinitiv

Published 02/07/2019, 10:46
Updated 02/07/2019, 10:50
European earnings seen rising 1.8% in Q2 - Refinitiv
STOXX
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MILAN, July 2 (Reuters) - Companies listed on the
pan-European STOXX 600 .STOXX index are expected to report a
1.8% earnings growth in the second quarter compared to a year
earlier, according data from I/B/E/S Refinitiv.
That represents an improvement compared to the previous
quarter when earnings fell 2.0%, but a sharp decline versus the
same quarter of last year when earnings rose 9.7%.
Revenue growth is expected at 1.1% in the second quarter,
down from 3.6% in the first quarter and from 3.2% in the same
quarter of 2018, the data showed.
Excluding the energy sector, earnings are expected
to increase 1.3% in the second quarter with revenues rising
3.2%.

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