Financial

STOXX 600 Earnings Outlook 23Q3 – Tuesday, Dec. 5

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 European Aggregate Estimates and Revisions

  • Third quarter earnings are expected to decrease 11.5% 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 4.0%.
  • 288 companies in the STOXX 600 have reported earnings to date for Q2 2023. Of these, 545% reported results exceeding analyst estimates. In a typical quarter 54% beat analyst EPS estimates.

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