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European Estimates #Earnings Outlook

EUROPE HIGHLIGHTS

  • First quarter earnings are expected to increase 14.1% from Q1 2016. Excluding the Energy sector, earnings are expected to increase 8.4%.
  • First quarter revenue is expected to increase 9.8% from Q1 2016. Excluding the Energy sector, earnings are expected to increase 4.9%.
  • 256 companies in the STOXX 600 have reported earnings to date for Q1 2017. Of these, 63.7% reported results exceeding analyst estimates. In a typical quarter 49.5% beat analyst EPS estimates.
  • 292 companies in the STOXX 600 have reported revenue to date for Q1 2017. Of these, 74.7% reported revenue exceeding analyst estimates. In a typical quarter 53.6% beat analyst revenue estimates.
  • During the week of May 29, 4 STOXX 600 companies are expected to report quarterly earnings.

Data from Reuters

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