STOXX 600 Earnings Outlook 24Q1

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  • First-quarter earnings are expected to decrease 12.1% from Q1 2023. Excluding the Energy sector, earnings are expected to decrease 8.2%.
  • First-quarter revenue is expected to decrease 5.2% from Q1 2023. Excluding the Energy sector, revenues are expected to decrease 5.3%.
  • Four companies in the STOXX 600 have reported earnings to date for Q1 2024. Of these, 75.0% reported results exceeding analyst estimates. In a typical quarter 54% beat analyst EPS estimates.
  • Six companies in the STOXX 600 have reported revenue to date for Q1 2024. Of these, 66.7% reported revenue exceeding analyst estimates. In a typical quarter 58% beat analyst revenue estimates.
  • During the week of April 22, 100 companies are expected to report quarterly earnings.

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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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