European First-Quarter Earnings Show Strong Recovery, But…

HFA Padded
Rupert Hargreaves
Published on
Updated on

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 profit cycle has turned, and after nearly ten years of sluggish performance, European corporate’s are finally starting to pick up steam again. European First-Quarter Earnings Show Strong…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk

Comments are closed.