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BHP report pre-market and analysts expect NPAT of $6.9 billion (range $6.6 billion to $7.02 billion), with sales of $34.1 billion

Chris Weston

Pepperstone

BHP report pre-market and analysts expect NPAT of $6.9 billion (range $6.6 billion to $7.02 billion), with sales of $34.1 billion. The interim dividend is expected to be 60c. Interestingly NPAT profit has missed estimates for the past five semi-annual periods on Bloomberg data. Watch out for costs cuts and potentially lower future capex spend. BHP is currently trading right in the key zone, having found good sellers between a$38.20 to a$38.40 since October.

Chris Weston
Chris Weston
Head of Research
Pepperstone

Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...

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