Yields are likely to be lower this year. Nevertheless, a few companies from Europe and the USA have raised their annual forecasts very early.
Dusseldorf With interest rates rising sharply and demand weakening, the US economy is on the brink of recession. Europe and Germany will probably avoid negative economic growth in 2023. But even here in Germany, companies are finding it difficult to increase their profits compared to the previous year.
Analysts on both sides of the Atlantic are expecting lower earnings in the current financial year, and in the USA even anticipating a recession in profits, i.e. at least two consecutive quarters of falling corporate profits. Nevertheless, a few companies from Europe and the USA have raised their annual forecasts in recent weeks. That’s unusual at such an early stage.
The Handelsblatt examines the perspectives of the stocks of these corporations with a view to: the prices that have already risen, their valuation, debt, profit, cash flow and with regard to the earnings targets of the analysts. Two of the six corporations are world market leaders.
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