Corporate results are gaining momentum in France


The corporate results season begins this week in France with the announcements of Seb, Rémy Cointreau and ID Logistics on Tuesday. In the United States, several members of the Dow Jones will be honored.

Corporate results are gaining momentum in France |  Photo credit: Reuters

Corporate results are gaining momentum in France | Photo credit: Reuters

The pace of corporate earnings releases for the fourth quarter of 2021 is accelerating. This Tuesday, it will be necessary to count with many announcements of turnover in France, like that of ID Logistics, Interparfums, McPhy Energy, Seb, Serge Ferrari Group and side trade. The French Energy will publish its billings for the first half of 2021-2022, Exel Industries its first quarter revenues and Remy Cointreau its sales for the third quarter of 2021-2022. In the United States, several big names on the stock exchange, members of the Dow Jones, will be honoured, such as 3M, American Express, Johnson & Johnson, Microsoft and Verizon Communications. Investors will also make a point of monitoring the results of General Electric and Lockheed Martin.

On the economic front, the indicators, which are essentially American, should confirm a slowdown in activity in January, a consequence of the Omicron wave. The trust index Conference Board Consumers is expected to fall by 4 points, from 115.8 to 111.8 points, while the Richmond Reserve Manufacturing Survey should contract by 2 points, from 16 to 14 points. Finally, the S&P-CoreLogic house price index is expected to rise 1.1% over one month in November. closer to us, the Ifo index measuring the business climate in Germany is expected to stabilize at 94.5 in January, from 94.7 in December. The current situation assessment sub-index could decline to 96.1, from 96.9 in December, and the expectations sub-index could rise by 0.4, to 93.


PC




Source link -91