STOXX 600 Earnings Outlook 23Q3 – Wednesday, Dec. 13


European Aggregate Estimates and Revisions

  • Third-quarter earnings are expected to decrease by 11.1% from Q3 2022. Excluding the Energy sector, earnings are expected to increase 0.8%.
  • Third-quarter revenue is expected to decrease 7.6% from Q3 2022. Excluding the Energy sector, revenues are expected to decrease 4.0%.
  • 290 companies in the STOXX 600 have reported earnings to date for Q2 2023. Of these, 54.8% reported results exceeding analyst estimates. In a typical quarter 54% beat analyst EPS estimates.
  • STOXX 600: Q3 2023 Earnings Dashboard
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