(Reporting by Joice Alves; editing by Dhara Ranasinghe)
LONDON, April 12 (Reuters) - Earnings growth at Europe's
biggest listed companies are expected to come to a halt in the
first quarter of 2023, Refinitiv I/B/E/S latest data showed, as
the higher cost of debt and banking turmoil in March dented the
global economy.
The zero-growth forecast, which tracks companies listed on
the pan-European STOXX 600 benchmark, represents a
sharp decline from last week, when analysts expected 4.8% growth
in first-quarter earnings.
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