STOXX 600 Earnings Outlook – Dec. 6, 2016

European Aggregate Estimates and Revisions

• Third quarter earnings are expected to decline 5.0% from Q3 2015. Excluding the Energy sector, earnings are expected to decline 2.0%.

• Third quarter revenue is expected to decline 4.0% from Q3 2015. Excluding the Energy sector, earnings are expected to decline 2.4%.

• 266 companies in the STOXX 600 have reported earnings to date for Q3 2016. Of these, 57.5% reported results exceeding analyst estimates. In a typical quarter 49% beat analyst EPS estimates.

• 299 companies in the STOXX 600 have reported revenue to date for Q3 2016. Of these, 46.5% reported revenue above analyst estimates. In a typical quarter 54% beat analyst revenue estimates.

• The forward P/E ratio for the STOXX 600 is 18.3.

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Please note: if you use our earnings data, please source I/B/E/S.

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