Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Earnings Update: Coles, Stockland, Viva Energy report

Published 21/02/2023, 03:06 pm
© Reuters

By Oliver Gray

Investing.com - With the Australian earnings season heating up, market participants have experienced a mixed bag of results from high profile companies as the December quarter brought about slowing economic growth and stubbornly high inflation, while lockdowns throughout China heavily affected commodity demand.

Among reporting companies, Coles Group Ltd (ASX:COL) moved 1.5% lower after the company reported EPS of A$0.46 versus $0.44 expected, while revenues came in at $20.805 billion versus $21.347 billion expected.

Stockland Corporation Ltd (ASX:SGP) fell 3.5% after EPS came in at $0.13 versus $0.14 expected, while revenues were reported at $1.151 billion versus $451.353 million expected.

Seek Ltd (ASX:SEK) was 1.2% lower after the company reported EPS of $0.38 versus $0.39 expected, while revenues came in at $626.7 million versus $626.398 million expected.

Viva Energy Group Ltd (ASX:VEA) fell 3.8% after reporting EPS of $0.19 versus $0.2 expected on revenues of $9.876 billion versus $9.952 billion expected.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.