STOXX 600 Earnings Outlook 23Q2 - Tuesday, Aug. 1
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European Aggregate Estimates and Revisions
- Second quarter earnings are expected to decrease by 5.8% from Q2 2022. Excluding the Energy sector, earnings are expected to increase by 9.2%.
- Second quarter revenue is expected to decrease by 6.6% from Q2 2022. Excluding the Energy sector, revenues are expected to decrease by 0.1%.
- 191 companies in the STOXX 600 have reported earnings to date for Q2 2023. Of these, 54.5% reported results exceeding analyst estimates. In a typical quarter 54% beat analyst EPS estimates.
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