EUROPA: resultados mejoran un 16%

Of the 44 percent of companies in the Stoxx Europe 600 Index that have so far reported, 56 percent beat earnings-per-share estimates, down from 66 percent in the first quarter, strategists at JPMorgan Chase & Co. including Emmanuel Cau and Mislav Matejka said in a research note.

Analysts expect earnings growth of about 13 percent this year in Europe, according to data compiled by Bloomberg, down from about 14 percent at the beginning of June.

Still, so far European firms have reported EPS growth of 16 percent from the year earlier period, which is 3 percent ahead of expectations, according to JPMorgan. That compares with earnings 5 percent above analyst estimates in the U.S. 

Bloomberg.com