Rising European Q3 earnings estimates and heightened expectations
UBS UBS Group AG
$47.68 -0.21%
View chart & analysis → - 1The consensus for European corporate Q3 earnings estimates has risen by 4% since July.
- 2STXX 600 revenue is projected to grow by 11% in Q3, while STOXX 600 earnings per share (EPS) is projected to grow by 23% in Q3.
- 3UBS stated that European equities are facing higher hurdles despite strong earnings momentum.
So what's the key point?
Expert estimates for the profits European companies will earn in Q3 have risen by 4%. While earnings are expected to increase, the bar for the stock market to clear has become higher.
Source Investing.com · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.