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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 0.5%.
• Third-quarter revenue is expected to decrease 7.7% from Q3 2022. Excluding the Energy sector, revenues are expected to decrease 4.0%.
• 281 companies in the STOXX 600 have reported earnings to date for Q2 2023. Of these, 55.2% reported results exceeding analyst estimates. In a typical quarter 54% beat analyst EPS estimates.

STOXX 600: Q3 2023 Earnings Dashboard

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