Virus hit on Europe's corporate profits seen growing further

LONDON (Reuters) - Expectations for second- and third-quarter corporate profits have deteriorated in Europe, Refinitiv data showed on Wednesday, as fears grow over the extent of the recession triggered by the coronavirus pandemic.Companies listed on the pan-European STOXX 600 are now expected to report a decline of 46.7% in second-quarter earnings, down from a drop of 44.9% forecast the week before.For the third quarter, analyst expectations are now set for a 35.1% fall in earnings versus 32.7%..