Kommentar: Men analytikerne nedjusterer fortsat deres tidligere estimater, så Q4 kan let nå at ende i minus. Kun health care og industri har undgået store nedjusteringer de seneste måneder.
STOXX 600: Q3 2019 Earnings Growth
| Sector | Today | 1 Oct | 1 Jul | 1 Apr | 1 Jan |
| Basic Materials | -32.5% | -27.0% | -23.1% | -11.8% | 5.6% |
| Cyclical Consumer | 1.8% | 0.3% | 2.2% | 5.5% | 14.5% |
| Non-Cyclical Consumer | 15.5% | 21.8% | 18.7% | 15.2% | 11.1% |
| Energy | -23.9% | -16.9% | -8.1% | -9.6% | -8.4% |
| Financials | -10.5% | -2.5% | -1.9% | -1.8% | 1.4% |
| Healthcare | 13.4% | 2.8% | 0.8% | 7.3% | 4.8% |
| Industrials | 11.5% | 9.7% | 20.8% | 27.8% | 30.9% |
| Technology | 6.4% | -3.7% | 2.0% | 5.6% | 8.0% |
| Telecommunications Services | 2.2% | 12.4% | 23.6% | -10.8% | -6.3% |
| Utilities | 22.5% | 18.1% | 17.7% | 4.2% | 5.0% |
| STOXX 600 | -4.7% | -1.9% | 0.9% | 1.5% | 4.6% |
| Number of Companies Included in Estimate | 307 | 303 | 305 | 284 | 202 |
Source: I/B/E/S data from Refinitiv
Exhibit 3C. STOXX 600: Q4 2019 Earnings Growth
| Sector | Today | 1 Oct | 1 Jul | 1 Apr | |
| Basic Materials | -9.7% | 1.6% | 6.1% | 12.0% | |
| Cyclical Consumer | -1.2% | 8.4% | 11.2% | 3.6% | |
| Non-Cyclical Consumer | 6.1% | 16.4% | 15.6% | 11.9% | |
| Energy | -2.3% | 11.6% | 16.0% | 11.9% | |
| Financials | 9.0% | 16.0% | 19.5% | 24.5% | |
| Healthcare | 4.0% | 2.1% | 1.6% | 4.6% | |
| Industrials | 13.9% | 16.6% | 14.4% | 7.5% | |
| Technology | 23.9% | 25.6% | 25.1% | 25.2% | |
| Telecommunications Services | 26.2% | 4.7% | 36.0% | 31.3% | |
| Utilities | -7.5% | -9.8% | -27.8% | -32.7% | |
| STOXX 600 | 5.3% | 10.3% | 11.6% | 12.1% | |
| Number of Companies Included in Estimate | 305 | 302 | 301 | 268 |
Source: I/B/E/S data from Refinitiv
