European first-quarter corporate profits seen falling 3% as tariff uncertainty prevails
ReutersApr 15, 2025 3:55 PM
April 15 (Reuters) - The outlook for European corporate health has deteriorated, latest forecasts showed on Tuesday, as economic uncertainty continues to hit companies.
In apparent but uncertain respite from U.S. President Donald Trump's tariff offensive, European companies are expected to report a 3% drop in first-quarter earnings, LSEG I/B/E/S data shows, worsening from the 2.2% drop analysts had expected a week ago.
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