Reporting Season Monitor

2018 Full Year Reporting Season Monitor

Over the month of August some of the ASX’s largest listed stocks will be reporting their financial results to the market. We will be providing commentary on the recently released results and will include consensus forecast estimates for revenue, EBITDA, NPAT and dividends and whether the companies beat or missed the market’s expectations.

We're now pretty deep into reporting season with a reasonably positive result so far with most of the earnings for the companies we're monitoring within the ASX 50 have been in line or slightly beaten market expectations.

We've provided commentary on the following stocks which have recently reported:

20 August – 24 August 2018

  • Woolworths Group Limited (WOW)
  • Fortescue Metals Group Limited (FMG)
  • BHP Billiton Limited (BHP)
  • Amcor Limited (AMC)
  • Oil Search Limited (OSH)
  • Sydney Airport Limited (SYD)
  • APA Group Limited (APA)
  • Newcrest Mining Limited (NCM)
  • Coca-Cola Amitil Limited (CCL)
  • Santos Limited (STO)
  • South32 Limited (S32)
  • Qantas Airways Limited (QAN)
  • Medibank Private Limited (MPL)
  • Brambles Limited (BXB)

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13 August – 16 August 2018

Bendigo & Adelaide Bank (BEN)
JB Hi-Fi (JBH)
Cochlear (COH)
Wesfarmers (WES)
Woodside Petroleum (WPL)
CSL Ltd. (CSL)
Telstra (TLS)
Sonic Health Care (SHL)
Origin Energy (ORG)
Treasury Wine Estates (TWE)

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2 August – 9 August 2018

  • Rio Tinto (RIO)
  • Transurban Group (TCL) 
  • Commonwealth Bank (CBA)
  • Tabcorp (TAH)
  • AMP Limited (AMP)
  • AGL Energy Limited (AGL)
  • Suncorp (SUN) 
  • Crown Resorts (CWN)

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Disclosure Disclaimer                                                                                                                                                                                                     

This Research Report expresses the personal view of the Author.  DJ Carmichael Pty Limited, including authors of this report, its directors and employees advise that at the time of publication they hold or may become entitled to securities of the issued capital of the company and/or earn brokerage and other benefits or advantages, either directly or indirectly from client transactions in stocks mentioned in this report.

The analyst does not hold securities in the abovementioned companies.

DJ Carmichael Pty Ltd is a wholly owned subsidiary of DJ Carmichael Group Pty Ltd ACN 114 921 247. In accordance with Section 949A of the Corporations Act 2001 DJ Carmichael Pty Limited advises this document contains general financial advice only.  In preparing this document DJ Carmichael Pty Limited did not take into account the investment objectives, financial situation and particular needs (‘financial circumstances’) of any particular person.  Accordingly, before acting on any advice contained in this document, you should assess whether the advice is appropriate in light of your own financial circumstances or contact your DJ Carmichael Pty Limited adviser. DJ Carmichael Pty Limited, its Directors employees and advisers may earn brokerage or commission from any transactions undertaken on your behalf as a result of acting upon this information. The information contained herein relies on information obtained from third parties. While DJ Carmichael Pty Limited believes that the advice herein is accurate, no warranty of accuracy or reliability is given in relation to any advice or information contained in this publication and no responsibility for any loss or damage whatsoever arising in any way for any representation, act or omission, whether express or implied (including responsibility to any persons by reason of negligence), is given by DJ Carmichael Pty Limited or any officer, agent or employee of DJ Carmichael Pty Limited. This message is intended only for the use of the individual or entity to which it is addressed and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If you are not the intended recipient or employee or agent responsible for delivering the message to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication and its attachments is strictly prohibited.