reporting season

Suncorp Full Year Result: SUN's insurance arm outperforms its banking division

CommSec Online Stockbroker

Suncorp Group’s (SUN) cash profit for FY17 came in lower than expected as it continued to spend on its refresh strategy. SUN posted a 3.6% rise in group NPAT to $1,075m, helped by a lift in insurance premiums & tight cost management. Show More

Rio Tinto Half Year Result: Higher commodity prices boosted RIO cash & dividends

CommSec Online Stockbroker

Rio Tinto has reported an interim underlying profit of $US3.94b, up from US$1.56b a year ago. The result was slightly lower than consensus forecasts. Its interim dividend jumped to a record US$1.10 per share, compared to US$0.45 a year ago. Show More

Reporting Season: The unanswered questions

Guy Carson
Guy Carson TAMIM Asset Management

Every six months in Australia, reporting season comes around. It’s an important time for investors as it gives us a chance to see in detail how companies are traveling and, in some cases, what their outlook is for the year ahead. As a result, February and August become important times... Show More

February reporting: The confession season

Nikko Asset Management Australia

This year’s reporting season was brutal, with many market darlings confessing to their sins. Some 45% of ASX 200 companies beat their EPS estimates, while 33% missed, the highest since the GFC. The Australian market has seen quite a large rotation away from defensive and bond-sensitive stocks, towards the cyclical... Show More

Reporting Season Highlights - Imdex, Lovisa, Isentia

Glennon Capital
Glennon Capital ASX:GC1, ASX:CMI

Last week marked the busiest week of the current reporting season. With most of the smaller companies reporting there was no shortage of stocks to profile. We take a look at three of these businesses, how they have fared during the reporting period and what this means for the businesses... Show More

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Alarm Bells Ringing – How to navigate a results season punctuated by profit warnings

Marcus Padley
Marcus Padley Marcus Today

OzForex (OFX) and GBST (GBT) have both had profit warnings - both are down 19% in a day. Aconex (ACX) fell 45% in a day on a profit warning earlier the same week. It is a $1.1bn stock (was $2bn). The alarm bells are ringing. In the same week, we... Show More

Navitas Half Year Result - NVT profits boosted by one-offs while college closures hurt

CommSec Online Stockbroker

Education provider Navitas (NVT) posted a bigger than expected half year profit of $53.3m for the six months to 31 Dec. The headline result was driven by one-off & non-cash gains, rather than a strong underlying result Show More

ResMed result a breath of fresh air

Wilson Asset Management

On Wednesday, sleep apnoea treatment manufacturer ResMed (ASX: RMD) revealed strong second quarter results including a 17% increase in revenue compared to the same period of the prior year. In announcing the results, ResMed chief executive Mick Farrell said the company was well positioned to adapt to the Trump administration’s... Show More

10 predictions for equities in 2017 - Part Two

Wilson Asset Management

With half yearly reporting commencing next week, it is pertinent to consider the outlook for the share market this year. In a two-part article, I consider the factors that will influence the share market in the year ahead and provide Wilson Asset Management’s predictions for Australian equities in 2017. If... Show More

Clean set of results for Cleanaway

Andrew Stanley
Andrew Stanley Ralton Asset Management Limited

Sustainable waste management services company, Cleanaway Waste (ASX:CWY), added 32.2% to Ralton’s flagship Australian Shares portfolio during August after rallying strongly on a clean set of profit results, improved capital position and evidence that CWY’s strategy is correct. Three highlights worth calling out are: 1) very strong cost control as... Show More

Webjet result exceeds market expectations

Robert Frost
Robert Frost OC Funds Management

Webjet (ASX:WEB) announced a result that exceeded market expectations driven by an outstanding performance from the B2C division where TTV margin accelerated by 0.6% in the second half as a result of strong operational leverage brought about by continued market share gains. But the result itself was somewhat overshadowed by... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Aussie market fell on the open before a mid-day bounce ran into more selling. The reporting season is over as far as the market is concerned. We are back into macro madness. There are a few next week but the main course is done as far silly season is concerned.... Show More

Don’t overlook risk if you want to benefit from growth

Clime Asset Management
Clime Asset Management Funds Management & Stock Research

Every investor wants capital and dividend growth, but it’s easy to forget about risk. So far this reporting season, right or wrong earlier calls about risk are making all the difference to investor returns. Amongst the medium to large companies of interest to most investors, some large shifts in risk... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Aussie market fell on the open with weak resources and banks while a mid-day recovery on supermarket short covering before falling again. The main story for the day was the Supermarkets and the outperformance in all three stocks were mainly due to short covering as the outlook remains weak and... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Aussie market was up and down on lack of macro direction and finished a slight positive in line with global sentiment. We are getting to the last few days of the reporting season and the market is looking forward to the US Fed update from Jackson Hole Wyoming on Friday... Show More