Financials Again
Here is the latest update of EuroStoxx 600 from IBES:
- Second quarter earnings are expected to increase 15.0% from Q2 2016. Excluding the Energy sector, earnings are expected to increase 12.8%.
- Second quarter revenue is expected to increase 4.0% from Q2 2016. Excluding the Energy sector, earnings are expected to increase 2.7%.
- 243 companies in the STOXX 600 have reported earnings to date for Q2 2017. Of these, 51.0% reported results exceeding analyst estimates. In a typical quarter 50% beat analyst EPS estimates.
- 281 companies in the STOXX 600 have reported revenue to date for Q2 2017. Of these, 52.7% reported revenue exceeding analyst estimates. In a typical quarter 54% beat analyst revenue estimates.
- During the week of Aug. 21, 5 STOXX 600 companies are expected to report quarterly earnings.