Where to find Earnings Season Stars: CSL, REA, JBH, APT, FNP & WOR

  • Feb 05, 2020 AEDT
  • Team Kalkine
Where to find Earnings Season Stars: CSL, REA, JBH, APT, FNP & WOR

Earnings season has started in Australia, and most companies are reporting results for the period ended 31 December 2019. In this article, we discuss companies from healthcare, communication services, consumer discretionary, informational technology, consumer staples and energy.

Let’s now discuss these companies.

CSL Limited (ASX:CSL)

Australian biotechnology giant, CSL Limited claims to be number one in plasma therapies across the globe, and number two for influenza vaccines. It has a presence in over 100 countries, which is augmented by 8 major manufacturing sites across six countries.  

In the year-ended 30 June 2019, the company recorded total operating revenue of USD 8.53 billion as against USD 7.91 billion in the previous year. It incurred research and development expenses of USD 831.8 million during the year.

According to data available on Thomson Reuters, below are the consensus EPS forecasts for the half-year and full-year 2020, and reported basic EPS for the previous year.

On 5 February 2020, CSL was at $315.64, up by 0.731 per cent from the previous close.

REA Group Ltd (ASX:REA)

Digital media business, REA Group was founded in a garage in 1995, when the internet was a relatively new concept. It is one of the greatest start-up stories in the country, plying trade in six countries with over 1.4k people.

In November 2019, the company released its first-quarter results for the three-month ended 30 September 2019. Its revenue after broker commissions was $221.9 million, down 9 per cent the previous corresponding period.

It was noted that the company had delivered such results in a challenging market condition, which saw declines in new residential listing volumes and new project commencements.

On outlook front, it was said that the market remains challenging with declines in Australian listing volumes. And, the listing in the first-half of 2020 would be lower than the listing in the first-half of 2019.

According to data available on Thomson Reuters, below are the consensus EPS forecasts for the half-year and full-year 2020, and reported basic EPS for the previous year.

REA is expected to report interim results on 7 February 2020.

On 5 February 2020, REA last traded at $112.4, up by 0.456 per cent from the previous close.

JB Hi-Fi Limited (ASX:JBH)

Based in Australia, JBH is a home consumer products retailer, and its core products include appliances, whitegoods, music, movies, games, and consumer electronics.

In October 2019, the company reported its first-quarter sales results. It recorded growth of over 3.5 per cent in total sales for Australia and New Zealand. However, the total sales growth for The Good Guys was down 0.5 per cent.

Also, the company reaffirmed its guidance of approximately $7.25 billion in total sales, which comprised $2.18 billion from The Good Guys, and rest from JB Hi-Fi business in Australia & New Zealand.

As per the data available on Thomson Reuters, below are the consensus EPS forecasts for the half-year and full-year 2020, and reported basic EPS for the previous year.

On 5 February 2020, JBH last traded at $41.115, down by 0.085 per cent from the previous close.  

Afterpay Limited (ASX:APT)

Labelled as a technology-driven payments platform, Afterpay intends to deliver great purchasing experience to the global consumer base. It is actively leading retail innovation by enabling retailers to offer ‘buy now, pay later’ services to existing customers as well as prospective customers.

In December 2019, the company provided an update on the trading during Black Friday/ Cyber Monday and November 2019. APT recorded an underlying sales of $1 billion in November, which was the best-ever monthly performance since inception.

On an average basis, the company added over 22k new customers per day to its platform in November, with the US customer base being the equivalent size of Australia and New Zealand.

According to data available on Thomson Reuters, below are the consensus EPS forecasts for the half-year and full-year 2020, and reported basic EPS for the previous year.

APT is expected to report interim results on 27 February 2020.

On 5 February 2020, APT last traded at $39.155, down by 1.818 per cent from the previous close.

Freedom Foods Group Limited (ASX:FNP)

Founded in 1986, the company was focused on manufacturing nutritious food and beverage, and it specialised in soy, rice milks and breakfast drinks. By 2000, the company started exporting plant-based organic ranges to Japan.

Since inception, the business has expanded to new boundaries and jurisdictions, and it is a constituent of the S&P/ASX SMALL ORDINARIES index.

In January 2020, the company clarified that all payments on past shipments had been made to Blue Diamond, and there has been no dispute between the company and its long-standing relationship with Blue Diamond.

Also, in January, the company had notified that none of its dairy farms or site operations were disrupted as a result of bushfires, and its milk supply position remains strong. 

According to data available on Thomson Reuters, below are the consensus EPS forecasts for the half-year and full-year 2020, and reported basic EPS for the previous year.

On 5 February 2020, FNP last traded at $4.830, up by 0.835 per cent from the previous close.

Worley Limited (ASX:WOR)

On 29 January 2020, the company reported its proforma results FY2019 to reflect the outcome as if the acquisition had occurred on 1 July 2018. Though, the company had completed acquisition of the Energy, Chemicals and Resources business from Jacobs on 26 April 2019.

As a result, the proforma aggregated revenue in FY 2019 was $10.5 billion as against $9.15 billion in the previous year, with an underlying EBITDA of $659 million in FY 2018 and $694 million in FY 2019.

As per the data available on Thomson Reuters, below are the consensus EPS forecasts for the half-year and full-year 2020, and reported basic EPS for the previous year.

On 5 February 2020, WOR last traded at $14.450, up 2.482 per cent from the previous close.


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