Business & Finance
Europe Set for Strongest Earnings Growth in Years: Taking Stock
Key Points
Europe Set for Strongest Earnings Growth in Years: Taking Stock The sluggish profit growth that held back European stocks is a thing of the past, with the second-quarter reporting season predicted to show a jump in regional earnings. European companies are set to post the biggest increase in profit growth in three years, buoyed by blowout results from oil majors, banks and artificial intelligence winners. MSCI Europe index members are tipped for aggregate earnings gains of 11.5%, the most...
Europe Set for Strongest Earnings Growth in Years: Taking Stock
The sluggish profit growth that held back European stocks is a thing of the past, with the second-quarter reporting season predicted to show a jump in regional earnings.
European companies are set to post the biggest increase in profit growth in three years, buoyed by blowout results from oil majors, banks and artificial intelligence winners. MSCI Europe index members are tipped for aggregate earnings gains of 11.5%, the most since the first quarter of 2023, Bloomberg Intelligence data shows.