STOXX 600 Earnings Overview: 2023 Q3
Estimates
- Third quarter earnings are expected to decrease 11.4% from Q3 2022. Excluding the Energy sector, earnings are expected to increase 1.6%.[1]
- Third quarter revenue is expected to decrease 7.9% from Q3 2022. Excluding the Energy sector, revenues are expected to decrease 2.1%.
STOXX 600: Q3 2023 Earnings Growth (Based on 316 constituents with data in both current and year-ago period)
| Earnings €B 23Q3 | Earnings €B 22Q3 | Growth €B 23Q3 | Growth % 23Q3 | |
|---|---|---|---|---|
| Basic Materials | 3.9 | 7.7 | -3.8 | -49.2% |
| Consumer Cyclicals | 10.7 | 9.9 | 0.8 | 7.8% |
| Consumer Non-Cyclicals | 2.6 | 2.6 | 0.0 | -1.9% |
| Energy | 18.7 | 35.9 | -17.2 | -47.9% |
| Financials | 39.8 | 32.8 | 6.9 | 21.1% |
| Healthcare | 16.2 | 16.3 | 0.0 | -0.2% |
| Industrials | 12.1 | 13.5 | -1.4 | -10.6% |
| Technology | 11.1 | 11.8 | -0.7 | -5.7% |
| Real Estate | 0.9 | 0.9 | 0.0 | -5.1% |
| Utilities | 5.2 | 5.3 | -0.1 | -1.0% |
| STOXX 600 | 121.2 | 136.7 | -15.5 | -11.4% |
Q3 2023 Revenue Growth (Based on 342 constituents with data in both current and year-ago period)
| Revenue €B 23Q3 | Revenue €B 22Q3 | Growth €B 23Q3 | Growth % 23Q3 | |
|---|---|---|---|---|
| Basic Materials | 93.3 | 109.6 | -16.3 | -14.9% |
| Consumer Cyclicals | 156.3 | 152.9 | 3.4 | 2.2% |
| Consumer Non-Cyclicals | 111.4 | 110.4 | 1.0 | 0.9% |
| Energy | 235.1 | 320.2 | -85.1 | -26.6% |
| Financials | 165.6 | 155.7 | 9.9 | 6.4% |
| Healthcare | 111.4 | 110.5 | 1.0 | 0.9% |
| Industrials | 185.1 | 199.9 | -14.7 | -7.4% |
| Technology | 109.9 | 111.4 | -1.5 | -1.3% |
| Real Estate | 1.7 | 2.2 | -0.4 | -19.5% |
| Utilities | 81.5 | 85.6 | -4.1 | -4.7% |
| STOXX 600 | 1251.5 | 1358.3 | -106.8 | -7.9% |