Markets

ASX-listed companies just posted their strongest profits since the GFC

Companies, during the 2018 reporting season, posted their strongest profits since the GFC. 77% revealed higher profits than a year ago. And 86% either increased dividends or held them constant. Three-quarters (77%) of ASX-listed companies posted higher profits this reporting season, their strongest result since before the GFC. And this […]
ASX-listed companies just posted their strongest profits since the GFC
Markets

Australia’s February reporting season result was ‘not bad’

The February reporting season revealed moderate earnings upgrades by Australia’s biggest ASX-listed companies. But rising costs, ahead of revenue, put a dampener on the overall results. “There was a strong tone to the reporting period,” write Credit Suisse analysts Hasan Tevfik and Peter Liu. “However, we believe it could have […]
Australia’s February reporting season result was ‘not bad’
Markets

The potential surprises of Australia’s February reporting season

The February half year reporting season is expected to unveil better than usual earnings growth of ASX-listed companies. Deutsche Bank says 2018 is on track to deliver another positive year of earnings growth, around 8%. “We expect this to be the most upbeat reporting season in some time,” Deutsche Bank […]
The potential surprises of Australia’s February reporting season
Markets

The ASX is now behind for 2017

The ASX200 fell below 5700 points today and kept going, pushing the index below where it started at the beginning of the calendar year. At one point during the session was down more than 1% to 5,650.70. At the start of the year the index was at 5,733.18. Looked at […]
The ASX is now behind for 2017
Markets

8 stocks to watch in Australia this earnings season

Equity analysts from Macquarie Bank have highlighted 8 stocks best-placed to beat market forecasts this earnings season. With earnings announcements for the 2017 financial year set to kick off in August, the analysts have, in a research note titled Ready for Battle, outlined which stocks they favour. The list is […]
8 stocks to watch in Australia this earnings season
Markets

3 lessons for Australian investors from Warren Buffett’s annual letter

Warren Buffett’s Berkshire Hathaway is out with its annual letter to shareholders. And Buffett raises issues directly relevant to the Australian half-year reporting season, which is now largely complete. Hasan S Tevfik, the Australia equity strategist at Credit Suisse in Australia, has put together three lessons for local investors from […]
3 lessons for Australian investors from Warren Buffett’s annual letter
Markets

The Australian stocks to watch during the half year reporting season

Earnings per share growth is forecast to surge by up to 17% as companies report half year results over the next month. Analysts say the resources sector will be a main contributor as improved prices for commodities, on top of deep cost cutting and expanded volumes, feeds in to earnings. […]
The Australian stocks to watch during the half year reporting season
Markets

Regional Australian airline Rex just posted its first ever loss

The Regional Express (Rex) Group has posted a statutory after tax loss of $11.4 million after writing down more than $17 million in assets, goodwill and fuel hedging. It’s the first time the Australian-based business has posted a loss since its launch in 2002 in the wake of the Ansett […]
Regional Australian airline Rex just posted its first ever loss