European Factors to Watch-Equity futures rise

jueves 25 de febrero de 2016 03:25 GYT

(Adds futures prices, company news items)

LONDON Feb 25 (Reuters) - European equity futures rose on Thursday, marking a recovery for the region's stock markets after two consecutive sessions of losses that pushed a benchmark equity index down to a one-week low.

Futures on the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE were all up by 1.1-1.3 percent.

The pan-European FTSEurofirst 300 index closed down 2.3 percent on Wednesday at its lowest level in around a week, having extended losses from a 1.3 percent slide in the previous session.

A busy stream of corporate results saw mixed fortunes for some of Europe's top companies.

French insurer AXA reported higher profits and Deutsche Telekom beat expectations for its fourth-quarter results.

However, drugmaker Bayer saw lower-than-expected core earnings grow in the fourth quarter, while British bank Lloyds set aside another 2.1 billion pounds in the fourth quarter of 2015 to cover compensation for customers mis-sold loan insurance.

According to Thomson Reuters StarMine data, 53 percent of companies on the European STOXX 600 index have met or beaten market expectations with their fourth quarter results, while 47 percent have missed market forecasts.