SSREY - STOXX 600 Earnings Roundup - Week Ending November 2 2018
By Tajinder Dhillon
18Q3 earnings season is underway with 54 companies reporting last week ending November 2, 2018. Exhibit 1 provides a summary of reporting results.
Exhibit 1: Earnings Season Results
Overall Recap
Of the companies that reported last week, 57% beat EPS expectations and 41% missed EPS expectations. In addition, 54% beat Revenue expectations and 50% missed Revenue expectations.
The company which beat EPS expectations by the largest amount was Orsted A/S (DNNGY) (DOGEF) with a positive 358.3% surprise. The company which missed EPS expectations by the largest amount was Telefonica Deutschland Holding AG