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European Earnings ‘Surprisingly Normal,’ Says Citi’s Manthey

Pelican Press

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European Earnings ‘Surprisingly Normal,’ Says Citi’s Manthey

Head of European Equity Strategy at Citigroup, Beata Manthey says ‘just weeks ago, Europe saw ‘recessionary’ EPS revisions amid heightened macro/policy uncertainty.’ But added that ‘Stoxx 600 companies have delivered surprisingly ‘normal’ results throughout the first quarter reporting season, with a historically typical share and size of earnings beats.’ Manthey joined “Daybreak Europe” on Bloomberg TV on May 22.



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#European #Earnings #Surprisingly #Normal #Citis #Manthey

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