STOXX 600 Earnings Outlook 23Q3 - Tuesday, Oct. 31

By Tajinder Dhillon of Lipper Alpha Insight
Tuesday, October 31, 2023 4:00 PM EDT

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European Aggregate Estimates and Revisions

  • Third-quarter earnings are expected to decrease 8.8% from Q3 2022. Excluding the Energy sector, earnings are expected to increase 2.9%.
  • Third-quarter revenue is expected to decrease 6.2% from Q3 2022. Excluding the Energy sector, revenues are expected to decrease 2.2%.
  • 158 companies in the STOXX 600 have reported earnings to date for Q2 2023. Of these, 57.6% 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.

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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 ...

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