MENU

3 earnings season results you might have missed

It certainly was one of the busiest days of earnings season so far on Tuesday, with results released from the likes of Cochlear Limited (ASX: COH), Domino’s Pizza Enterprises Ltd (ASX: DMP), and National Australia Bank Ltd (ASX: NAB) taking a lot of the headlines.

Because of this, a few results slipped under the radar. Here are three that you might have missed:

1300 Smiles Limited (ASX: ONT)

This dentist operator’s shares edged lower on Tuesday despite delivering a net profit after tax of $7.6 million on revenue of $39.1 million. This was a 5% and 8.5% increase on FY 2017’s result. The board elected to declare a 12 cents per share fully franked final dividend, bringing its full-year dividend to 24 cents per share. According to management, the solid result was driven by the addition of 9 new facilities and continued improvements in trading conditions. 1300 Smile finished the year with 32 facilities and more could be on the way. Management stated that: “Our conservative balance sheet means that we have the ability to complete suitable acquisitions on any conceivable scale.”

GBST Holdings Limited (ASX: GBT)

The shares of this specialist financial technology company tumbled lower yesterday after it posted a weak financial result for FY 2018. Revenue came in at $88.3 million, which was flat on FY 2017’s result. Whereas adjusted net profit after tax fell 22% to $8.2 million after two of its key segments each lost a major client. One positive, though, was that GBST had a much stronger second-half to FY 2018 after a hugely disappointing first-half. If the company can build on this in FY 2019 then it could return to growth again.

SG Fleet Group Ltd (ASX: SGF)

This fleet management company’s shares were flat on Tuesday following the release of its full-year results. SG Fleet posted a 7.9% year-on-year increase in revenue to $316.5 million and a 13.6% year-on-year increase in net profit after tax to $67.7 million. This was driven largely by increased penetration of the company’s add-on products and services within its customer base and higher end of lease income. Its board declared a fully franked final dividend of 9.96 cents per share, lifting the total dividend for FY 2018 by 11.5% year-on-year to 18.74 cents per share.

Finally, here are three top shares I'm tipping to deliver strong results this month. Don't miss them...

Top 3 ASX Blue Chips To Buy In 2018

For many, blue chip stocks mean stability, profitability and regular dividends, often fully franked..

But knowing which blue chips to buy, and when, can be fraught with danger.

The Motley Fool’s in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool’s Top 3 Blue Chip Stocks for 2018."

Each one pays a fully franked dividend. Each one has not only grown its profits, but has also grown its dividend. One increased it by a whopping 33%, while another trades on a grossed up (fully franked) dividend yield of almost 7%.

The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand – and how quickly the share prices of these companies moves – we may be forced to remove this report.

Click here to claim your free report.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of National Australia Bank Limited. The Motley Fool Australia has recommended 1300SMILES Limited, Cochlear Ltd., Domino's Pizza Enterprises Limited, and GBST Holdings Limited. 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.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.