It was a busy day yesterday in terms of reporting and we’re now almost at the end of earnings season. The trend that has seen recently out of favour stocks rally, hard after releasing results continued yesterday, helping to lift the S&P/ASX 200 benchmark into positive territory.
Read on for more upcoming results, latest results from Flight Centre, AGL Energy, Blackmores Ltd, Lend Lease, Sydney Airport and Westfield Group.
Friday marked the end of the busiest week for earnings with over a hundred companies within the S&P/ASX 200 having now posted results. Overall, company reporting season has delivered enough good news, or lack of extremely bad news, to offset the impact to confidence during the week by data that showed real wages, accounting for inflation, went backwards last year and Chinese manufacturing PMI which continued to decline in February. Read on for upcoming results, reported results from Billabong Int., Crown Ltd, Duet Group, Evolution Mining Ltd, Fantastic Holdings, IAG Insurance Group.
Yesterday marked the busiest day of the reporting season with over 20 companies within the S&P/ASX 200 posting results, taking us beyond the halfway point. We’ve now seen over 57% of companies within the benchmark index report results with earnings on the whole continuing to come in slightly ahead of expectations.
Yesterday was a mixed bag of results with seven companies within the S&P/ASX200 posting earnings figures. Thus far, we’ve seen just over 23% of companies within the benchmark index release earnings with the next four days schedule taking us well beyond the halfway mark. Read on for upcoming results and results posted by Newcrest Mining, Orica Ltd, Paladin Energy Ltd, Sims Metal Management Ltd, Transpacific Industries and SCA Property Group.
Friday saw another busy day on the reporting front with a significant number of companies posting relatively solid results. Thus far we’ve seen just shy of 18% of companies within the S&P/ASX200 release earnings ahead of this week, which marks the busiest five day period. Also read about upcoming results and the company release from Newcrest Mining.
Read on for interesting insights into the Australian Corporate reporting season; In Focus – Commonwealth Bank and Company releases.