Europe Earnings Haven’t Missed This Bad Since 2020: Five Charts
About 53% of the companies in the MSCI Europe Index that have reported so far missed estimates.
Photographer: Nathan Laine/BloombergThis article is for subscribers only.
Fourth-quarter earnings misses in Europe haven’t been this bad for at least four years, as a slowdown in consumer demand stifles profits.
With about a third of companies in the MSCI Europe Index having reported to date, energy, industrials and consumer companies have disproportionately fallen short of expectations.