Breaking News
0

Reporting Season 2019 - What To Expect

By CMC MarketsStock MarketsFeb 08, 2019 15:38
au.investing.com/analysis/reporting-season-2019--what-to-expect-200199641
Reporting Season 2019 - What To Expect
By CMC Markets   |  Feb 08, 2019 15:38
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

Originally published by CMC Markets

Get the latest updates on the major stocks in ASX, reporting in 2019. Companies will be publishing their earning reports for the year which will help traders and investors gauge their take away in terms of share prices.

8-2-2019

The dual US /Australian listed News Corporation unveiled a whopping 21% increase in revenue, swinging back into profitability for the quarter. The improvements came across its publishing, cable and streaming services, and the partially owned digital real estate subsidiary REA was a significant contributor, although REA's (AX:REA) headline result was dragged down by write-offs associated with their Asian businesses

News Corp, REA Group results
News Corp, REA Group results

7-2-2019

The S&P/ASX 200 index is sitting just above the technically important 6,000 level, and any gains today may see underweight investors forced back into the market.

Announcements this morning showed IDP Education and property group Mirvac beat consensus forecasts in the first half of the financial year. Engineers Downer EDI unveiled a return to profitability and lifted guidance on full year earnings. However power utility AGL saw a modest decline in revenues exacerbated by significant hedging losses. It’s a coin toss.

Downer EDI results
Downer EDI results

6-2-2019

The Commonwealth Bank of Australia reported a modest 1.7% lift in operating profit, although overall profit fell 2.1% on higher impairment charges. The result is below consensus forecasts and may see Commonwealth Bank Of Australia (AX:CBA) shares give back some of yesterday’s extraordinary gains. Other results this morning are more impressive, and IAG, Bunnings Trust and Dexus Property delivered pleasant surprises to shareholders.

CBA results
CBA results

5-2-2019

It’s a full day for Australian investors. Financial stocks comprise 31.55% of the Australia 200 index, and the sweeping change coming to the sector will keep analysts busy for weeks to come. There is an emerging view that the big four banks may rally from this point given the actions taken already and more certainty about the future. This is a view yet to be tested, although index futures lifted in an immediate response to the report delivered after the cash market close yesterday.

It’s the first day of the corporate reporting season with James Hardie, Cimic and Scentre Group fronting shareholders. Throw in an overnight surge in aluminium, nickel, iron ore and steel and predicting the outcome of today’s session is a tough call.

Below are the expected results:


CIMIC results
CIMIC results

Reporting Season 2019 - What To Expect
 
Reporting Season 2019 - What To Expect

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email