Bank of America forecasts European energy sector to boost first-quarter earnings despite downward revision risks

sa.investing.com (Arabic)

Bank of America anticipates European first-quarter earnings will be boosted by the energy sector, but warns of potential downward revisions. The energy sector's gains, driven by the Iran conflict, are masking underlying weaknesses. Excluding energy and financials, earnings growth remains stagnant, raising concerns about deeper issues by mid-year. While the energy sector is expected to lead first-quarter earnings, a global PMI decline suggests a potential 8% drop in forward earnings by mid-2026.


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Bank of America forecasts European energy sector to boost first-quarter earnings despite downward revision risks | News Minimalist