Earnings season week four preview

A2 Milk Company Ltd (ASX:A2M), BHP Billiton Limited (ASX:BHP), Flight Centre Travel Group Ltd (ASX:FLT), and Medibank Private Ltd (ASX:MPL) shares will be on watch during week four of earnings season…

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

a woman

There's yet another busy week of earnings ahead for the Australian share market.

Here is a preview of week four of earnings season:

Monday.

On Monday there are a number of big results to look out for. The highlight will arguably be retail conglomerate Woolworths Group Ltd (ASX: WOW) which is expected to post a net profit after tax of $1,750 million and declare a 92.9 cents per shares full-year dividend. Other results of note include printed circuit board design software provider Altium Limited (ASX: ALU), health and safety products company Ansell Limited (ASX: ANN), iron ore miner Fortescue Metals Group Limited (ASX: FMG), struggling pet care company Greencross Limited (ASX: GXL), and private health insurer NIB Holdings Limited (ASX: NHF).

Tuesday.

Another busy day of earnings releases is expected on Tuesday. Results are scheduled from packaging company Amcor Limited (ASX: AMC), mining giant BHP Billiton Limited (ASX: BHP), waste management company Bingo Industries Ltd (ASX: BIN), private hospital operator Healthscope Ltd (ASX: HSO), and retailer Super Retail Group Ltd (ASX: SUL). All eyes will be on BHP's plans for the funds raised from its asset divestments, the performance of Healthscope's Australian hospitals, and Super Retail's struggling Leisure segment after the acquisition of the Macpac brand.

Wednesday.

Infant formula and dairy company A2 Milk Company Ltd (ASX: A2M) will take centre stage on Wednesday when it releases its full-year results. While the company's results have largely been pre-released, the market will be eager to see how trading has begun in FY 2019. Elsewhere, results are scheduled to be released from car listings company Carsales.Com Ltd (ASX: CAR), beverage giant Coca-Cola Amatil Ltd (ASX: CCL), Sydney Airport Holdings Pty Ltd (ASX: SYD), telco company Vocus Group Ltd (ASX: VOC), and tech company WiseTech Global Ltd (ASX: WTC). The market will no doubt be expecting the latter to deliver explosive growth to justify its lofty valuation.

Thursday.

On Thursday the travel sector will be represented by several key results releases. These include Flight Centre Travel Group Ltd (ASX: FLT), Qantas Airways Limited (ASX: QAN), and Webjet Limited (ASX: WEB). In respect to the Flight Centre result, the market is expecting a net profit after tax of $276 million according to the Bloomberg consensus estimate. Elsewhere, results are scheduled to be released from Iress Ltd (ASX: IRE) and South32 Ltd (ASX: S32).

Friday.

It will be a busy end to the week with results expected to be released from horticulture company Costa Group Holdings Ltd (ASX: CGC), pharmaceutical company Mayne Pharma Group Ltd (ASX: MYX), private health insurer Medibank Private Ltd (ASX: MPL), and casino and resort operator Star Entertainment Group Ltd (ASX: SGR). Medibank is expected to post a $461 million after tax profit.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended COSTA GRP FPO, Flight Centre Travel Group Limited, Sydney Airport Holdings Limited, and Vocus Communications Limited. The Motley Fool Australia owns shares of A2 Milk, Altium, Super Retail Group Limited, and WiseTech Global. The Motley Fool Australia has recommended carsales.com Limited, Coca-Cola Amatil Limited, IRESS Limited, NIB Holdings Limited, and Webjet Ltd. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Market News

Share Market News

Testing again

Read more »

Share Market News

Aaron Test 2

Read more »

Share Market News

Aaron Test

Read more »

Share Market News

JP Test

Read more »

Share Market News

JP Test

Read more »

Portrait of Discovery Fund portfolio managers Mark Devcich and Chris Bainbridge
Share Market News

Test

Portfolio managers Mark Devcich (left) and Chris Bainbridge. Image source: Discovery Fund test test

Read more »

a man in a hoodie grins slyly as he sits with his hands poised on a keyboard. He is superimposed with a graphic image of a computer screen asking for a password, suggesting he is a hacker.
Share Market News

Another ASX 200 company has been hit with a cyber incident. Here's what we know

Hackers have breached the systems of this ASX 200 company.

Read more »

a woman
Broker Notes

5 ASX 200 shares that inflation can't touch: expert

Regardless of whether you're a bull or a bear, cost pressures are a factor when buying stocks at the moment.

Read more »