21:49 - 13.08.2026

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August 13, Fineko/abc.az. Second-quarter profit expectations for leading European companies have risen for eight consecutive weeks. Based on results from 268 companies and market estimates, total earnings for STOXX 600 companies are projected to grow by 23.4% year-on-year.

Growth is primarily driven by the energy sector (profits more than doubled due to higher oil prices amid the US-Iran conflict) and the raw materials sector (+70%). Excluding energy, corporate profit growth stands at 12.3%.

So far, 58.6% of reporting companies have beaten analyst expectations. Overall corporate sales are expected to increase by 11.4%.