The eurozone economy may appear to be recovering faster than those of the US and UK, but its companies are underperforming their British and American rivals, according to research by ING. Companies from the eurozone are the only ones, among the trio of regions, where there have been more disappointments than positive surprises in the ongoing second-quarter results season, ING analysts said. In the eurozone, 26 per cent of companies have missed expectations, whereas 18 per cent have exceeded them. In the US and UK, 23 per cent and 24 per cent, respectively, have surprised positively, while 19 per cent and 21 per cent have disappointed.

This entry was posted by Stacy-Marie Ishmael on Monday, August 17th, 2009 at 4:41 and is filed under Capital markets. Tagged with economy, eurozone, UK, us. Edit this entry.