European first-quarter corporate profits seen falling 1.7% as trade war tensions abate
April 29 (Reuters) - The outlook for European corporate health has improved, the latest earnings forecasts showed on Tuesday, amid optimism over potential U.S. trading deals with key trading partners, especially China.
European companies are expected to report a drop of 1.7% in first-quarter earnings, according to LSEG I/B/E/S data, better than the 3.5% drop analysts had expected a week ago.
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