This page shows earnings growth and earnings revisions ratios in the U.S., Europe, emerging market and Asia Pacific ex-Japan. The left chart shows consensus estimates for earnings growth in the U.S., Europe, emerging markets (EM) and Asia Pacific ex-Japan for the current year and beyond. As you can see, the EM region is expected to have the strongest earnings growth out of all countries and regions over the next two years, as most EM economies are recovering from a lower base.