Europe's Earnings: A Subdued Reality Check

European earnings season is off to a rocky start! While more companies are beating expectations, the margin is slim, especially compared to last quarter. Autos are struggling, while financials are surprisingly strong. Despite slight improvements in overall earnings expectations, analysts remain cautious, predicting only modest growth, and the U.S. market is outperforming Europe. Expect more companies to lower expectations before reporting. Banks, insurance, and software could shine, while autos, packaging, and chemicals may continue to face headwinds.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.