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Investing.com -- MSCI Europe is on track to deliver 6% year-over-year earnings per share (EPS) growth in the second quarter of 2025, significantly outperforming the 0% consensus forecast.
With 92% of the index’s market cap and 87% of companies having reported their quarterly results, MSCI Europe is concluding the quarter with positive growth.
Banks have emerged as the primary growth driver, accounting for more than half of the overall index EPS growth. The banking sector posted 12% growth, well above the consensus expectation of -0.5%.
The second largest contributor to the positive performance was Diversified Financials, which recorded an exceptional EPS growth of 128% in Q2, exceeding the consensus forecast of 104%.
Not all sectors contributed positively to the results. Energy and Automotive sectors weighed down the MSCI Europe’s overall performance, with earnings declining by 23% and 40% respectively. These declines were slightly worse than consensus expectations of -32% for Energy and -38% for Automotive.
Despite the positive European results, the region’s earnings growth still lags behind the United States, where the S&P 500 is projected to achieve 11% year-over-year EPS growth for the same quarter.
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