MILAN—Europe Inc. earnings are expected to have risen 47.6 percent to 96.1 billion euros ($112 billion) in the third quarter, data from Refinitiv I/B/E/S showed on Tuesday, as the region’s economic recovery continues following the severe pandemic downturn.
The estimate, based on firms listed on the STOXX 600 benchmark, is a slight improvement from last week’s 46.7 percent growth forecast and compares to the 42 percent expected early in August.