STOXX 600 Earnings Outlook 23Q2 - Tuesday, Sept. 19

Second quarter earnings are expected to decrease 5.8% from Q2 2022. Excluding the Energy sector, earnings are expected to increase 10.1%.

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European Aggregate Estimates and Revisions

  • Second quarter earnings are expected to decrease 5.8% from Q2 2022. Excluding the Energy sector, earnings are expected to increase 10.1%.
  • Second quarter revenue is expected to decrease 6.0% from Q2 2022. Excluding the Energy sector, revenues are expected to increase 0.6%.
  • 293 companies in the STOXX 600 have reported earnings to date for Q2 2023. Of these, 51.5% 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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