Investors are expecting a lot from companies this season as they wait to see if recent share price growth will be supported by profits. We expect the resources sector to produce solid numbers while the focus on bank forecasts will be key. Show More
CommSec's Tom Piotrowski speaks with Xero Limited (XRO) CEO, Rod Drury about the company’s full year results, its growth in subscriber numbers to more than a million and its plans for expanding the business going forward. Show More
Westpac has posted a 3% rise in first-half cash profit to $4.02bn, in-line with market expectations. The result was boosted by its increased mortgage lending and performance of its institutional banking business. Show More
Macquarie Group has reported a full-year profit of $2.22 billion - ahead of Bloomberg consensus forecasts of $2.13 billion. The result was boosted by its trading and capital markets divisions. Show More
Tom Piotrowski speaks with Beach Energy (BPT) CEO, Matt Kay about the company’s first half results, how its tracking against its strategy, and it’s recently upgraded FY17 production guidance: Show More
Tom Piotrowski speaks with WiseTech Global (WTC) CEO and Founder, Richard White about the company’s first half results and its outlook for FY17. Show More
CommSec Chief Economist Craig James reviews the results from the February 2017 earnings season. Of the 142 companies analysed, almost 94% reported a profit. Excluding BHP Billiton, aggregate profits lifted by 37%. Show More
Tom Piotrowski speaks with Hunter Hall Global Value Ltd (HHV) Portfolio Manager, James McDonald about the performance of the fund, stock selection and the recent Australian earnings season. Show More
QBE Insurance (QBE) posted a much better than expected FY16 cash profit of US$898m, an improvement in its underlying operations and a buyback program. Stronger returns on its investments and cost management were partially offset by the impact of a stronger US dollar. The Underwriting Result (its underlying earnings), was... Show More
Australia’s largest travel agent, Flight Centre (FLT) posted a worse than expected 36% slide in its half-year profit to $74.4m. Despite record sales, the result was held back by a challenging global trading environment, with widespread airfare discounting, economic uncertainty and currency volatility impacting the group’s bottom line. Show More
Vitamin group, Blackmores (BKL) posted a substantial slide in its HY17 earnings. The result was dragged lower by a slump in Chinese-influenced sales in Australia as operating channels change. Group sales fell by more than 5%, profit slumped by 41% and a much smaller dividend was declared. A drop in... Show More
Woolworths (WOW) reported that first net profit after tax (NPAT) from continuing operations fell 16.7% compared to the prior year to $785.7 million. This compared to a net loss after tax (NLAT) of $972.7 million in in the corresponding period last year, reflecting the impact of significant items which totalled... Show More
Insurance Australia Group Limited’s (IAG) half year 2017 result was largely in line with market expectations. The company has been advising the market on the continual Natural Peril claims over the last year and its impact on IAG’s bottom-line. IAG reported a 4.7% lift in Gross Written Premiums (GWP) but... Show More
Net profit after tax (NPAT), adjusted earnings, normalised earnings, pro-forma earnings, earnings per share… With so many different phrases and versions, it’s no wonder some investors struggle to stay on top of it all. In this third edition of Beyond the Jargon, I’ll explain what these differing terms mean, what... Show More
It’s reporting season, and everyone is now busy, but I wanted to post a quick article on something that grabbed our attention this week when we saw the contrast of two stocks. Show More
Wesfarmers (WES) reports better than expected lift in first half net profit to $1.58 billion thanks to a strong lift in revenue from its resources unit https://youtu.be/vEja6KFr2Og For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More
Treasury Wine Estates (TWE) – the company behind well-known brands like Penfolds, Wolf Blass and Lindemans - has more than doubled its first half net profit to $136.2m https://youtu.be/loHTXO4mAeo For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More
Global hearing implant maker Cochlear Limited (COH), issued a 19% lift in first half profit. Cochlear implant sales rose 10%, while revenue lifted by 4% over the half https://youtu.be/IPI16CKSJPo For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More
Rubber product manufacturer Ansell (ANN) reported flat first half earnings with net profit after tax (NPAT) edging higher by 0.3% to US$69.8 million compared to US$69.6 million in the previous corresponding period https://youtu.be/7dpRforJ40g For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More
Discount retailer, JB Hi-Fi (JBH) posted a better than expected 31.7% lift in underlying profit to $125.4m for the six months ended 31 Dec 2016. The result was boosted most by less competition in the retail space https://youtu.be/4S7a3SzVKmw For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More