Financial graphics editor EMEA, London
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Jul 13, 2012
Jul 12, 2012

Europe profit downturn exposes bullish forecasters

LONDON (Reuters) – Mid-year profit warnings in northern Europe have wrong-footed equity analysts who forecast strong earnings despite a global economic slowdown – the latest embarrassment for a profession whose own value many investors now question.

Thomson Reuters data show average analysts’ forecasts for earnings growth in Germany, the Netherlands, Switzerland, Sweden, Norway and Belgium were broadly stable, or even raised, in the first half of the year. <link.reuters.com/wyt39s>

Jul 12, 2012
Jul 12, 2012
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Jul 12, 2012
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Jul 12, 2012