Data Source: Thomson Reuters
European Earnings (Stoxx 600) have improved in the last eight weeks. First quarter earnings have improved from -4.2% to -2.0%. Revenue is expected to increase 3.6% vs. 0.7% on 5/1.
The EPS beat rate is 53% versus a 50% average quarterly beat rate.
The revenue beat rate is 560.2% versus a 55% average quarterly beat rate.