(Reuters) – The outlook for European corporate health continues to deteriorate, according to analysts’ forecasts published on Tuesday, as economic uncertainty persists around U.S. tariffs and other policies. European companies are expected to report a drop of 3.5% in first-quarter earnings, according to LSEG I/B/E/S data, worse than the 3% drop analysts had expected a […]
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European first-quarter corporate profits seen down 3.5% amid incessant uncertainty
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(Reuters) – The outlook for European corporate health continues to deteriorate, according to analysts’ forecasts published on Tuesday, as economic uncertainty persists around U.S. tariffs and other policies.
European companies are expected to report a drop of 3.5% in first-quarter earnings, according to LSEG I/B/E/S data, worse than the 3% drop analysts had expected a week ago.
Consensus for revenue also continued to worsen with analysts expecting only a 1.4% increase, compared with a 2.5% increase expected last week.
This compares with a 3.3% drop in earnings and a 4.6% drop in revenues a year ago, the data showed.
(Reporting by Javi West Larrañaga; Editing by Tomasz Janowski)