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2022/08/08 / Erste Group Research

2Q-Berichtsaison besser als erwartet


Empfehlungsänderungen: Deutsche Post, Waste Management, EOG Resources, Roche Holding.

Nach den Rückgängen der Vormonate stieg der globale Aktienmarktindex im Juli in EUR um +10,9%. Die Volatilität ist gleichzeitig stark gesunken. Für den Weltaktienindex ist die Prognose für 2023 ein Umsatzanstieg um +8,2% und ein Gewinnwachstum um +6,7%.

Die Berichtssaison für die 2Q-Ergebnisse ist in den USA gut verlaufen. 73% der Unternehmen haben bisher Ergebnisse veröffentlicht, die über den Erwartungen lagen. Für das 2Q wird mit einem Gewinnanstieg von +6,0% j/j gerechnet. Heuer sollten die Umsätze der US-Firmen um +10,6% und die Gewinne um +6,1% steigen. In Europa wird für das 2Q ein hohes Gewinnwachstum von +28% (j/j) erwartet. Der längere Ausblick zeigt aber eine Verlangsamung des Umsatz- und Gewinnwachstums im Jahresverlauf. Für die ersten drei Quartale 2023 wird dann ein Gewinnrückgang prognostiziert. Das Risiko der Knappheit von Erdgas für die Industrie belastet die Planungssicherheit vieler Unternehmen in Europa. Wir erwarten ein Anhalten der relativen Schwäche des europäischen Aktienmarktes gegenüber dem US-amerikanischen Markt.

Deutsche Post: Profitables Luft- und Seefrachtgeschäft

Waste Management: Umsatzprognose stark angehoben, operative Marge stabil erwartet

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General information

AuthorErste Group Research
Date2022/08/08
Languagede
Product nameEmpfehlungsliste
Topic in focusEquities
Economy in focusEurozone, Germany, Japan, United States
Currency in focusEuro, US Dollar
Sector in focusAutomobiles & Parts, Banks, Basic Resources, Chemicals, Construction & Material, Financial Services, Food & Beverage, Health Care, Industrial Goods & Services, Insurance, Media, Oil & Gas, Personal & Household Goods, Retail, Technology, Telecommunications, Travel & Leisure, Utilities
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