Europe Inc Earnings Surpass Tariffs
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•Business
Business & Economics
Trump's tariff fog clouds outlook for Europe Inc after robust first quarter

79% Informative
LSEG I/B/E/S: First quarter earnings are expected to have increased 1.9% from the same quarter a year ago .
It is the fourth straight quarter of growth in Europe 's STOXX 600 .
Despite the relatively upbeat first quarter , consensus estimates for the full year have still been cut.
"It's a function of two things, lower economic activity and OPEC producing much more than anticipated." Oil prices tumbled to a four-year low last month on concerns about demand following Trump 's tariffs, but have since rebounded slightly as trade tensions thawed. (Reporting by Samuel Indyk and Danilo Masoni . Editing by Amanda Cooper and Mark Potter ).
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