Dagelijkse update over de markten vanuit Quintet Private Bank (Europe) S.A.

InsingerGilissen, 28 JUL 2020

WHAT’S NEW - In the US and Europe, around 30% of companies have reported second-quarter earnings. After a poor first quarter, which saw companies miss expectations by a high margin, expectations for second-quarter and indeed future earnings have been revised down markedly. So far, in the current earnings season, this seems to have helped, as 85% of US companies reporting beat expectations (63% in Europe). In the US, sectors that have surprised the most in terms of growth rates have been materials, healthcare and financials. In Europe, energy consumer services and consumer goods have outpaced growth expectations the most.

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