STOXX 600 Earnings Outlook 23Q4 - Tuesday, Feb. 6

By Tajinder Dhillon of Lipper Alpha Insight
Tuesday, February 6, 2024 11:38 AM EDT

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European Aggregate Estimates and Revisions

  • Fourth quarter earnings are expected to decrease 7.6% from Q4 2022. Excluding the Energy sector, earnings are expected to decrease 2.3%.
  • Fourth quarter revenue is expected to decrease 1.3% from Q4 2022. Excluding the Energy sector, revenues are expected to increase 3.9%.
  • 85 companies in the STOXX 600 have reported earnings to date for Q4 2023. Of these, 55.3% reported results exceeding analyst estimates. In a typical quarter 54% beat analyst EPS estimates.

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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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