Global earnings growth of +7.2% y/y expected for 2025
Global Equity Ratings , 31. bře
Rating changes: Munich Re, Compass Group
Sales growth of the global stock market index is +3.8% (y/y) this year. The forecast earnings growth is +7.2% (y/y). In the coming year, sales and profits should grow significantly faster than this year. The sales growth forecast for 2026 is +6.8% (y/y) and the expected profit growth is +12% (y/y). The outlook for the 1Q reporting season is good for US equities. Expected earnings growth is +7% (y/y). The reporting season starts on 11.04. with corporate results from JP Morgan Chase (Buy) and Morgan Stanley (Hold).
The Banks sector index in Europe has risen by +25% since the beginning of the year. It has thus posted the best performance of all sectors in Europe. An important reason for the significant outperformance compared to the global equity market is that European banks are not directly affected by the US government's current tariff policy, as is currently the case with industrial companies and automotive groups. In addition, the majority of European banks' 4Q results in the past reporting season were positive.
Munich Re: 2024 Profit significantly above expectations, EBIT increased by +39% y/y
Oracle: Q1 Cloud sales +23%, EBIT-Margin increased from 28.2% to 30.8%
Sales growth of the global stock market index is +3.8% (y/y) this year. The forecast earnings growth is +7.2% (y/y). In the coming year, sales and profits should grow significantly faster than this year. The sales growth forecast for 2026 is +6.8% (y/y) and the expected profit growth is +12% (y/y). The outlook for the 1Q reporting season is good for US equities. Expected earnings growth is +7% (y/y). The reporting season starts on 11.04. with corporate results from JP Morgan Chase (Buy) and Morgan Stanley (Hold).
The Banks sector index in Europe has risen by +25% since the beginning of the year. It has thus posted the best performance of all sectors in Europe. An important reason for the significant outperformance compared to the global equity market is that European banks are not directly affected by the US government's current tariff policy, as is currently the case with industrial companies and automotive groups. In addition, the majority of European banks' 4Q results in the past reporting season were positive.
Munich Re: 2024 Profit significantly above expectations, EBIT increased by +39% y/y
Oracle: Q1 Cloud sales +23%, EBIT-Margin increased from 28.2% to 30.8%
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