According to Jin10, London Stock Exchange Group's I/B/E/S data showed that third-quarter profit for companies in the Stoxx 600 index is expected to rise 21% year on year, above last week's forecast of 19.4%, driven mainly by the energy and basic materials sectors and potentially marking the second-best performance in nearly 14 quarters. Excluding energy, profit is expected to increase 9.7%, while revenue is forecast to rise 10.6%. Deutsche Bank said companies have been able to pass higher prices on to customers, supporting sales growth, while energy costs account for a smaller share than market reports suggest. European energy company profits are expected to rise 115.9% after the U.S. and Israel went to war with Iran and Ukrainian drone strikes hit Russian refineries, while real estate sector profits are expected to fall 71.5%. Investors will next week watch earnings from ASML and Ericsson to assess the overall earnings season.