Shares of MTU Aero fell 4.5%, a day after it said it was expecting a hit of around €1 billion this year as Pratt & Whitney parent RTX said it would recall hundreds of jet engines.
Gain insight on the Canadian bank sector, AerCap, Bridgepoint’s deal for Energy Capital Partners, and more in the latest Market Talks covering Financial Services.
With the second-quarter earnings season coming to a close, companies have exceeded analysts’ estimates at a greater rate than usual. Yet investors aren’t rewarding positive surprises.