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

  • 📰 Reuters
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Companies listed on the pan-European STOXX 600 index are expected to re...

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%.

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:

 /  🏆 2. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

European stocks seen sharply higher after US-China trade truceEuropean markets are expected to surge at Monday's open after U.S. President Donald Trump and Chinese President Xi Jinping agreed to hold off on additional tariffs in a bid to reignite trade talks.
Source: CNBC - 🏆 12. / 72 Read more »