REPORTING CALENDAR- AUGUST 2022
It is again that time of the year when investors across the globe gauge ASX-listed companies releasing their results and outlook. The period outlines the most crucial time in the financial markets, driving market momentum and aiding investors in their decision making.
The August Reporting Season is likely to unveil how companies have been able to manage their balance sheets amid continued internal challenges and external uncertainties! We are wary of the turbulence at a bigger scale wherein business earnings are impacted by external factors like coronavirus (omicron) impact and other global economic and political risks. Nonetheless, we expect a group of star performers defensively showcasing the potential.
In view of the above, we bring to you the timeline of these earnings releases so that you do not miss out to check the performance of prominent ASX-listed companies!
|Date||Company Name||ASX Code||Reporting period||Business Outlook|
|15-Aug-22||Argo Investments Ltd||ARG||FY22||Argo has a strong balance sheet and no debt. With cash on hand, The company is well positioned to capitalise on opportunities generated by any market volatility in the short term.|
|15-Aug-22||GPT Group||GPT||HY22||GPT has a solid balance sheet, a well-diversified portfolio of high-quality securities, and a management team with experience who are committed to maximising long-term value for securityholders.|
|15-Aug-22||JB Hi-Fi Ltd||CBA||FY22||The company will keep implementing its Big and Bulky Home Delivery Centers ("HDC"), which boost stock efficiency and provide a better customer experience while reinforcing its safety-first philosophy.|
|15-Aug-22||BlueScope Steel Ltd||BSL||FY22||The entire BlueScope team is exerting all of their efforts to raise its service levels, which have been impacted by supply chain and pandemic-related disruptions, in the present environment of high demand.|
|15-Aug-22||Beach Energy Ltd||BPT||FY22||In the Otway Basin, the company will connect four offshore Thylacine development wells and the Enterprise discovery to the Otway Gas Plant to bring production rates back to full capacity. In the Perth Basin, Waitsia Stage 2 is developing material gas volumes for both domestic and global LNG markets.|
|16-Aug-22||BHP Group||BHP||FY22||In order to continue mining beyond the present mining permit, which ends in 2026, and toward a mining halt in 2030, BHP will keep NSWEC in its portfolio.|
|16-Aug-22||Seven West Media Ltd||SWM||FY22||The markets that Seven West Media serves serve are experiencing great momentum, and the future looks promising. Later in the year, the company will inform investors on the next stage of its strategy.|
|17-Aug-22||Nearmap Ltd||NEA||FY22||ACV portfolio for the group is anticipated to complete FY22 at the higher end of a defined range of $155m-160m.|
|17-Aug-22||Downer EDI Ltd||DOW||FY22||For more than 30 years, Downer has been maintaining the roads in Auckland. The company looks forward to continuing its close collaboration with Auckland Transport to provide dependable road networks that guarantee quick and safe travel.|
|17-Aug-22||CSL Ltd||CSL||HY22||For FY22, CSL expects its net profit after tax to be in the neighborhood of $2.15 billion to $2.25 billion at constant currency.|
|18-Aug-22||Evolution Mining Ltd||EVN||FY22||Sustaining capital guidance for FY23 and outlook for FY24 of $190 – $240 million per annum.|
|18-Aug-22||Blackmores Ltd||BKL||FY22||The company will keep its attention on executing its strategic game plan while maintaining a strict risk and capital management strategy.|