Estimates provide deeper insight and analysis on a product/segment basis. From April 28 to today the estimates growth trend have changed form -40% to a -54%. This data should have repercussions sooner or later in stock pricing and overall stock market valuation. So far analyst are valuing that companies will be able to make loss revenue in
Data from Refinitiv. European Aggregate Estimates and Revisions Second quarter earnings are expected to decrease 53.9% from Q2 2019. Excluding the Energy sector, earnings are expected to decrease 45.7%. Second quarter revenue is expected to decrease 17.2% from Q2 2019. Excluding the Energy sector, revenues are expected to decrease 12.2%. Four companies in the STOXX
Wednesday and Thursday of this week will be reporting more than 100 companies, this will give me valuable data which will help to modify current market view if necessary. I will be paying special attention to banks and energy stocks Here you have a free earning calendar that I useful. https://www.zacks.com/earnings/earnings-calendar
