Breaking News
NN IP SNAPSHOT: US earnings season starts strongly while Europe’s stutters
The US earnings season has started strongly, with 90% of the companies that have reported so far outstripping expectations, NN Investment Partners says.
Earnings grew by 25% and beat expectations on average by 5.2%, although this is based on less than 20% of all companies’ reports.
In Europe, the picture has been less impressive after reports from around a fifth of companies. The average sales surprise was nil and the average earnings surprise was around 4% negative, which was the weakest number in almost two years. Only 44% of companies beat their earnings estimates.
Patrick Moonen, Principal Strategist Multi Asset, NN Investment Partners, commented:
“The positive drivers in the US are strong domestic growth (up 4%), the lower USD and the 47% rise in the average oil price compared to Q2 2017, which contributed to a 29% rise in sales in the energy sector.
“Q2 will most likely represent the peak in absolute earnings growth. In Q3, the tailwind of the weaker USD will fade and the quarterly comparison in industrial metal prices will also be less favourable.
“However, it is encouraging that very few companies so far have referred to a negative impact of trade tariffs on their businesses.”
- Paysafe and BIG Form New Esports Partnership with PaysafeCard as Official Payments Sponsor Read more
- How Many MoneyLive Events Have You Done? Read more
- EXCLUSIVE: “Irish Eyes on London” – Enterprise Ireland in ‘The Paytech Magazine’ Read more
- AutoRek & Microsoft: Why Strategic Partnerships Matter in Finance Read more
- Cathay Pacific Expands Global Partnership with Adyen Read more
Paysafe and BIG Form New Esports Partnership with PaysafeCard as Official Payments Sponsor
After an impressive start to the new season, Berlin International Gaming (BIG) is announcing another major milestone: PaysafeCard, the popular eCash solution by global payments platform Paysafe (NYSE: PSFE), is joining the Berlin-based esports organization as a Premium Sponsor and official Payment Partner. The collaboration spans BIG’s Fortnite, Counter-Strike 2, and Trackmania teams, featuring prominent jersey placement, integrated branding, and community-focused activations. In addition, PaysafeCard will power payments at the official BIG shop, allowing fans to complete purchases easily and securely.
Cathay Pacific Expands Global Partnership with Adyen
Adyen announced the expansion of its longstanding partnership with Cathay Pacific with Adyen now providing direct acquiring services for the airline
MAS Partners Industry to Develop AI Risk Management Toolkit for the Financial Sector
MAS announced the successful conclusion of phase two of Project MindForge[1], which culminates in the publication of an AI Risk Management Toolkit for the financial services sector
Novidea Releases Updated Version of Its Insurance Management Platform with Significant Enhancements Across Policy Administration, Bordereaux, Claims and Accounting
Novidea announced its latest product release which will enable users to reduce manual rework, improve data integrity, and accelerate high-volume processing
CV5 Capital and Formatnull Investment Management Prepares Launch Cayman-Domiciled Digital Asset Hedge Fund
CV5 Capital and Formatnull Investment Management Ltd are pleased to announce the launch of the Formatnull Digital Asset Fund SP, a Cayman Islands-domiciled digital asset hedge fund established on the CV5 Digital platform
Stablecoin Settlement Models Face Compliance and Partner Hurdles, Finds Clear Junction
Nearly half (47%) of payments and remittance firms say compliance requirements are their biggest operational pressure, according to new poll findings from Clear Junction, a global provider of cross-border payments and banking services infrastructure for licensed financial institutions.
Montrose First in Europe to Let Customers Connect Their Portfolio to Their Own AI Interface
Montrose is now the first platform in Europe to let customers connect their stock and fund portfolio to their own AI interface. This means you can ask your AI tool questions about your portfolio, get insights based on your actual holdings, follow relevant news, and prepare trades – always with the customer’s approval and full control.
Paysafe and BIG Form New Esports Partnership with PaysafeCard as Official Payments Sponsor
After an impressive start to the new season, Berlin International Gaming (BIG) is announcing another major milestone: PaysafeCard, the popular eCash solution by global payments platform Paysafe (NYSE: PSFE), is joining the Berlin-based esports organization as a Premium Sponsor and official Payment Partner. The collaboration spans BIG’s Fortnite, Counter-Strike 2, and Trackmania teams, featuring prominent jersey placement, integrated branding, and community-focused activations. In addition, PaysafeCard will power payments at the official BIG shop, allowing fans to complete purchases easily and securely.
How Many MoneyLive Events Have You Done?
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
EXCLUSIVE: “Irish Eyes on London” – Enterprise Ireland in ‘The Paytech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
AutoRek & Microsoft: Why Strategic Partnerships Matter in Finance
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Cathay Pacific Expands Global Partnership with Adyen
Adyen announced the expansion of its longstanding partnership with Cathay Pacific with Adyen now providing direct acquiring services for the airline
MAS Partners Industry to Develop AI Risk Management Toolkit for the Financial Sector
MAS announced the successful conclusion of phase two of Project MindForge[1], which culminates in the publication of an AI Risk Management Toolkit for the financial services sector
Novidea Releases Updated Version of Its Insurance Management Platform with Significant Enhancements Across Policy Administration, Bordereaux, Claims and Accounting
Novidea announced its latest product release which will enable users to reduce manual rework, improve data integrity, and accelerate high-volume processing