STOXX 600 Earnings Outlook 23Q3 - Tuesday, Oct. 17

By Tajinder Dhillon of Lipper Alpha Insight
Tuesday, October 17, 2023 5:30 PM EDT

Bank Note, Euro, Bills, Paper Money

Image Source: Pixabay


European Aggregate Estimates and Revisions

  • Third quarter earnings are expected to decrease 10.4% from Q3 2022. Excluding the Energy sector, earnings are expected to increase 0.7%.
  • Third quarter revenue is expected to decrease 5.6% from Q3 2022. Excluding the Energy sector, revenues are expected to decrease 1.5%.
  • Six companies in the STOXX 600 have reported earnings to date for Q2 2023. Of these, 33.3% reported results exceeding analyst estimates. In a typical quarter 54% beat analyst EPS estimates.

STOXX 600: Q3 2023 Earnings Dashboard

(Click on image to enlarge)

Download the full report here. 

More By This Author:

‘Magnificent-7’ 2023 Q3 Earnings Preview: Lifting S&P 500 To Positive Earnings Growth
Brookfield Energy Deal Changes Antitrust Climate
U.S. Weekly FundFlows: Despite Dovish Fed Comments, ETF And Conventional Fund Investors Were Net Redeemers

Disclaimer: This article is for information purposes only and does not constitute any investment advice.

The views expressed are the views of the author, not necessarily those of Refinitiv ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments