- Earnings growth continues to improve during the quarter and now sits at 35.4% (14.9% when excluding Energy). Since April 1st, earnings growth improved by 14.6 percentage points (ppts).
- At a sector level, Energy has seen the largest improvement in earnings growth over the same period (77.4 ppts), followed by Consumer Non-Cyclicals (17.0 ppts), Industrials (15.1 ppts), and Basic Materials (14.3 ppts).
- Of the 131 constituents that have reported earnings so far, 72.5% have beaten earnings expectations, well above the long-term average of 52.2% and prior four-quarter average of 64.7%.
For further details see:
STOXX 600 Q1 2022 Earnings Review: A Sign Of Optimism