Earnings Wrap on Monday: 10 shares you should have been watching

The JBH share price surged 3.2% on a positive earnings result

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The local share market got another boost today with the share prices of a number of big-name businesses rising on solid earnings reports.

Here's a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.7% to 5760 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.7% to 5812 points
  • AUD/USD at US 76.65 cents
  • Iron Ore at US$86.62 a tonne, according to the Metal Bulletin
  • Gold at US$1,230.58 an ounce
  • Brent oil at US$56.51 a barrel

JB Hi-Fi Limited (ASX: JBH) excited investors when it reported an 11.7% increase in sales at its Australian stores (excluding The Good Guys) with earnings before interest and tax (EBIT) from that division rising 21.5%. Comparable store sales also grew at an impressive 8.7%, sending the JBH share price 3.2% higher.

The Amcor Limited (ASX: AMC) share price lifted 4.3% on the group's own earnings results with Aurizon Holdings Ltd (ASX: AZJ) up 2.5% as well.

Other shares that enjoyed strong gains today were Fortescue Metals Group Limited (ASX: FMG), up 6.2%, St Barbara Ltd (ASX: SBM), up 0.8%, and Aconex Ltd (ASX: ACX), up another 5.6%.

The Bendigo and Adelaide Bank Ltd (ASX: BEN) share price didn't fare so well, shedding 5%. Ansell Limited (ASX: ANN) fell 2.2% as well.

Meanwhile, the Domino's Pizza Enterprises Ltd. (ASX: DMP) share price dropped another 4.8% following reports from Fairfax Media regarding visa fraud within its franchisees.

The Prophecy International Holdings Limited (ASX: PRO) share price was slammed as well after they reported a sharp decline in first-half revenues compared to the same period last year. The PRO share price plunged 29.3%.

Here are Monday's top stories:

  1. JB Hi-Fi Limited shares rocket on explosive growth: Is the retailer a buy?
  2. See you in court: Why Sirtex Medical Limited is coming out fighting
  3. Down 25%: Should you buy shares of Domino's Pizza Enterprises Ltd. today?
Motley Fool contributor Ryan Newman has no position in any stocks mentioned. The Motley Fool Australia owns shares of ACONEX FPO. 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 Bruce Jackson.

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