Europe Inc Results Outlook Clouds as Trump Tariffs Hit Home
European corporate earnings are set to shrink in the third quarter, the latest forecasts showed on Tuesday, as companies feel the impact of U.S. President Donald Trump's trade tariffs.
European companies are expected to report a drop of 0.2% in third-quarter earnings, on average, according to LSEG I/B/E/S data, below the 0.6% fall analysts expected a week ago.
That would be the worst quarterly performance since the first quarter of 2024. The forecast contrasts starkly with the 12.5% earnings growth expected for the third quarter before...
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