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STOXX 600 Earnings Outlook 23Q3 – Tuesday, Nov. 7

Nov 07, 2023Finance0

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European Aggregate Estimates and Revisions

  • Third-quarter earnings are expected to decrease by 10.3% from Q3 2022. Excluding the Energy sector, earnings are expected to increase 1.8%.
  • Third-quarter revenue is expected to decrease 7.6% from Q3 2022. Excluding the Energy sector, revenues are expected to decrease by 3.9%.
  • 206 companies in the STOXX 600 have reported earnings to date for Q2 2023. Of these, 55.3% reported results exceeding analyst estimates. In a typical quarter 54% beat analyst EPS estimates.

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