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
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
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
1. Local market had a cracker day on the US optimism flowing from the potential tax policy update. Show More
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
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 https://youtu.be/PnLflU6bOuE Show More
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
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
CommSec Advisory’s Blair Hannon speaks with Tom Piotrowski about the key themes likely to dominate the February reporting season https://youtu.be/TOpEsa-AW98 For more insights into the upcoming Reporting Season, visit https://www.commsec.com.au/reportingseason Show More
CommSec Chief Economist Craig James takes a look at the key themes likely to dominate this February reporting season https://youtu.be/w4E5_nzZ8jo View our Reporting Season calendar at https://www.commsec.com.au/reportingseason Show More
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 (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
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
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
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
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
Aussie market ran up on currency resurgence before pulling back a bit at the end of the day. It was all about the market losing faith in US Fed and weakness flowing through in USD. AUDUSD was below 76 cents last night but then it climbed back near mid 76... Show More
Investors in SAI Global (SAI) were relieved after last week’s results to see earnings exceed previous guidance. The stock has fallen quite a way since private equity’s proposal two years ago saw the share price exceed $5. With the company undergoing a transformation and believing that the worst is behind... Show More
Aussie market held up in the positive territory before global selling pressure took the market down in the second half of the day to close down. The main sectors like financials and resources were in the negative territory as USD strengthened while staples, commercial services, property and utilities were the... Show More
Aussie market popped up on strong commodities and then gave it all back before making a slight recovery on resources and utilities. The main sectors driving the market higher today were resources and utilities. DUE carried the utilities sector higher as market fell in love with over 7% yield on... Show More
