Europe’s earnings season has so far offered investors some bleak signs, but there is optimism that the region can turn a corner later this year.
Strategists cite a combination of low expectations for the current reporting period, and attractive valuations — particularly after recent declines triggered by French political uncertainty — leaving European stocks well placed ahead of an expected pickup in earnings growth in the second half.
Source link : https://www.bloomberg.com/news/articles/2024-07-15/europe-s-negative-earnings-tide-expected-to-turn-in-second-half?utm_source=google&utm_medium=bd&cmpId=google
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Publish date : 2024-07-15 13:59:07
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