STOXX 600 Earnings Outlook 23Q4 - Tuesday, Feb. 27

By Staff of Lipper Alpha Insight

Refinitiv • Feb 27, 2024 at 10:40 AM EST

Fourth quarter earnings are expected to decrease by 6.5% from Q4 2022. Excluding the Energy sector, earnings are expected to decrease by 1.3%.

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European Aggregate Estimates and Revisions

Fourth quarter earnings are expected to decrease 6.5% from Q4 2022. Excluding the Energy sector, earnings are expected to decrease 1.3%.
Fourth quarter revenue is expected to increase 0.1% from Q4 2022. Excluding the Energy sector, revenues are expected to increase 4.6%.
200 companies in the STOXX 600 have reported earnings to date for Q4 2023. Of these, 53.5% reported results exceeding analyst estimates. In a typical quarter 54% beat analyst EPS estimates.

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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 Lipper or LSEG.

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