Data Source: Thomson Reuters
European (Stoxx 600) Q2 earnings estimates dropped -3.3% this week (to -2.7% from +.6%). You can see last week’s results here:
European (Stoxx 600) Q2 Earnings Estimates still Positive Year on Year
They are still sporting an above average beat rate on top and bottom lines, but anemic results thus far nonetheless.
We’ll see if some of this damage can be repaired in coming weeks as 43 more companies are reporting this week.
