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  • STOXX 600 Earnings Outlook 23Q3 – Tuesday, Nov. 28

STOXX 600 Earnings Outlook 23Q3 – Tuesday, Nov. 28

Nov 28, 2023Finance0

Cutout paper illustration representing scheme and Stocks inscriptionImage Source: Pexels
 European Aggregate Estimates and Revisions

  • Third quarter earnings are expected to decrease 11.4% from Q3 2022. Excluding the Energy sector, earnings are expected to increase 0.4%.
  • Third quarter revenue is expected to decrease 7.7% from Q3 2022. Excluding the Energy sector, revenues are expected to decrease 4.1%.
  • 283 companies in the STOXX 600 have reported earnings to date for Q2 2023. Of these, 55.1% reported results exceeding analyst estimates. In a typical quarter 54% beat analyst EPS estimates.

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