Fra Thomsonreuters:
The estimated earnings growth rate for the STOXX 600 for Q2 2015 is 5.7%. The STOXX 600 expects to see share-weighted earnings of $96.2B in Q2 2015, compared to share-weighted earnings of $91.0B (based on the year-ago earnings of the current constituents) in Q2 2014. Six of the ten sectors in the index expect to see an improvement in earnings relative to Q2 2014.
The Financials sector has the highest earnings growth rate for the quarter, while the Energy sector has the weakest anticipated growth compared to Q2 2014. The Financials sector has the highest earnings growth rate (37.5%) of any sector. It is expected to earn $33.3B in Q2 2015, compared to earnings of $24.3B in Q2 2014.
Four of the five industry groups in the sector are anticipated to see higher earnings than a year ago. The Investment Banking & Investment Services industry group has the highest growth rate within the sector at 454%.
The Energy sector has the lowest growth rate (-33.1%) of any sector. It is expected to earn $12.1B in Q2 2015, relative to earnings of $18.1B in Q2 2014. The Oil & Gas industry group has the lowest growth rate within the sector at -34%.
The estimated revenue growth rate for the STOXX 600 for Q2 2015 is -4.6%. The STOXX 600 is expected to earn revenues of $1,213.4B in Q2 2015 compared to $1,271.3B in Q2 2014.
Seven of the ten sectors anticipate revenue growth for the quarter. The Consumer Cyclicals sector is expected to have the highest revenue growth rate for the quarter, while the Energy sector is expected to have the lowest revenue growth rate. The Consumer Cyclicals sector expects the highest revenue growth rate (13.1%) for the quarter. It is expected to generate sales of $220.1B in Q2 2015, compared to sales of $194.6B in Q2 2014.
The Energy sector has the lowest revenue growth rate at (-34.4%). The sector is expected to post sales of $183.1B in Q2 2015, relative to sales of $279.3B in Q2 2014.
