GMXAY - STOXX 600 Earnings Roundup - Week Ending August 10 2018
By Tajinder Dhillon
18Q2 earnings season is underway with 34 companies reporting last week ending August 10, 2018. Exhibit 1 provides a summary of reporting results.
Exhibit 1: Earnings Season Results
Overall Recap
Of the companies that reported last week, 44% beat EPS expectations and 56% missed EPS expectations. In addition, 66% beat revenue expectations and 32% missed revenue expectations.
The company which beat EPS expectations by the largest amount was Genmab A/S (GMXAY) with a positive 45.7% surprise. The company which missed EPS expectations by the largest amount was ThyssenKrupp AG (TKAMY) with a