European First-Quarter Earnings Show Strong Recovery, But…Rupert Hargreaves
It seems as if Europe has finally turned the corner if corporate earnings are anything to go by. Halfway through the European first-quarter earnings season, 63% of companies have reported better-than-expected numbers, and 29% have missed giving net beats of 34%, the highest level in seven years according to analysis from UBS. The seven-year average is 13%.
According to the Swiss bank’s analysts, this strong performance is yet more evidence that the European exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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