Four stocks that exceeded expectations
While reporting season may have officially ended the price action following individual company earnings reports can continue for months to come. Analysis from the likes of Macquarie has demonstrated that those companies that deliver underlying earnings and guidance that exceeds consensus forecasts can result in relative outperformance lasting up to 3 months. The opposite is also true if you miss expectations. With this in mind Livewire reached out to four leading fund managers to find out which companies exceeded their expectations in the most recent reporting season. Responses come from Julian Beaumont of Bennelong, Simon Shields from Monash Investors, Joel Gray from Hyperion and Chris Stott from Wilson Asset Management. Click on the link to view the collection: (VIEW LINK)
4 stocks mentioned