Europe STOXX 600 Q3 Earnings Growth Forecast
Major European companies head into the third quarter with an expected earnings growth of 20.7 percent. Surging energy and technology sectors offset steep downgrades in consumer cyclicals and automakers.
Xurve View
Insights:
Xurve View
European companies on the STOXX 600 index will post 20.7% third-quarter earnings growth, led by energy sectors benefiting from disruptions tied to Iran and Ukraine conflicts. That projection sits slightly below last week's 21% forecast per LSEG I/B/E/S data released Thursday morning. Sales are expected to rise 11.0% on average, outpacing prior estimates.
