Europe Company Earnings Foreshadow Uncertainty Gripping Region
This article is for subscribers only.
SAP SE and Royal Philips NV both reported quarterly earnings that missed analyst estimates, as the run of negative news from corporate Europe extended into a second week.
Companies including Unilever NV, BASF SE, Tesco Plc and drugmaker GlaxoSmithkline Plc. will also report over the next few days as investors seek an explanation for the downward trend that’s kept a lock on earnings in the third quarter.