European earnings seen rising 1.8% in second-quarter: Refinitiv

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 1, 2019. REUTERS/Staff/File Photo

MILAN - Companies listed on the pan-European STOXX 600 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%.

What a pointless and useless statistic when you have people dying on the streets of England for lack of food and shelter. Who sponsors your ridiculous 'news'? Government propagandists?

I’m sure realdonaldtrump thinks he did that too.

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