Trump’s Tariffs Are Clouding an Upbeat Earnings Season in Europe
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The threat of trade tensions with the US is overshadowing a better-than-expected earnings season in Europe.
Members of the Stoxx Europe 600 Index have beaten fourth-quarter profit estimates by 4% on an equal-weighted basis, “well above” the historical average, according to data from Goldman Sachs Group Inc. Yet, full-year 2025 projections have been reduced by about 0.5% since the beginning of the year, the figures show.