Upbeat earnings lift European shares
LONDON, July 30 (Reuters) - Europe's robust earnings season gave another lift to share prices on Thursday, with results from Siemens (BSE: SIEMENS4.BO - news) , Nokia (Swiss: 472672.SW - news) and Deutsche Bank (Xetra: 514000 - news) underpinning signs of a euro zone recovery.
Europe's FTSEurofirst 300 equity index was up 0.5 percent at 0712 GMT, with Nokia, Safran (Paris: FR0000073272 - news) and Fresenius (Swiss: FRE.SW - news) up some 4 to 8 percent after reporting results.
"The proportion of European companies beating (earnings) estimates is the highest since we started compiling the data in '09," JPMorgan (LSE: JPIU.L - news) strategists wrote in a note to clients.
(Reporting by Lionel Laurent)