European corporate earnings, as in the U.S., have been great. Here’s where they are lagging.

With 96% of U.S. companies reporting results, and 97% of European firms also done so, it’s clear that earnings on both sides of the Atlantic have been stellar.

On sales, however, European companies haven’t delivered as much. Per SocGen, the U.S. consensus is for sales to be 12% higher than before COVID, compared to Europe where sales are seen being 1% below their 2019 levels. The strategists continue to favor construction materials, utilities, technology and healthcare sectors.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in İE

wow

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why the corporate debt boom isn’t less risky because stocks are near recordsWith U.S. stock indexes recently fetching new records, some on Wall Street are arguing the fourfold increase of U.S. corporate debt in the past 30 years...
Read more »