February Reporting Season Blues

August last year was, simply put, disappointing. And February last year wasn't genuinely encouraging either. What should investors expect from this year's February reporting season? If indications are anything to go by, things are not looking upbeat. A repeat of August last year seems to be in the making, only this time around we will see many more bad news announcements from miners and energy companies. Arguably, this is not new and should be priced in. But analysts are still seeing plenty of room for further negative surprises. Macquarie is worried a bad reporting season might remove valuation support and allow indices to fall further on ongoing macro concerns. Share buybacks will be in focus and dividends and yield remain on everybody's radar. My preview (VIEW LINK)


FNArena is a supplier of financial, business and economic news, analysis and data services.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment