Earnings season week five preview

Results are due from Bellamy's Australia Ltd (ASX:BAL), NEXTDC Ltd (ASX:NXT), and Ramsay Health Care Limited (ASX:RHC) this week…

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

Earnings season may come to an end this week but there's still plenty for investors to look out for.

Here is a preview of week five:

Monday.

This morning results are expected to be released from telco company Amaysim Australia Ltd (ASX: AYS), struggling child care operator G8 Education Ltd (ASX: GEM), fertility treatment company Monash IVF Group Ltd (ASX: MVF), and broadband equipment manufacturer Netcomm Wireless Ltd (ASX: NTC).

I'll be looking out for improvements in Amaysim's ARPU, G8 Education's occupancy levels, and trading conditions for Monash IVF. The market will no doubt be expecting a strong result from Netcomm Wireless after it delivered an impressive half year result which saw revenue rise 89% to $88.6 million.

Tuesday.

Three big results are due to be released on Tuesday from fast-growing tech star Appen Ltd (ASX: APX), health supplements company Blackmores Limited (ASX: BKL), and fuel retailer Caltex Australia Limited (ASX: CTX). According to the Bloomberg consensus estimate, the market is looking for NPAT of 70.7 million from Blackmores in FY 2018.

Elsewhere, I feel there's a reasonably strong chance that Appen will upgrade its full year guidance when it releases its half year results. I expect this to be driven by strong demand from the machine learning market and favourable currency movements.

Wednesday.

Wednesday is expected to be a busy day with releases pencilled in for game technology company Ainsworth Game Technology Limited (ASX: AGI), infant formula star Bellamy's Australia Ltd (ASX: BAL), building materials company Boral Limited (ASX: BLD), personal care products company BWX Ltd (ASX: BWX), telecom and cloud services company Macquarie Telecom Group Ltd (ASX: MAQ), regenerative medicine company Sirtex Medical Limited (ASX: SRX) and airline Virgin Australia Holdings Ltd (ASX: VAH).

According to the Bloomberg consensus estimate, the market expects NPAT of $45.7 million from Bellamy's. However, all eyes will be on its guidance and an update on its CFDA application.

Thursday.

It looks set to be a quieter day on Thursday with just three releases scheduled. These include struggling private hospital operator Ramsay Health Care Limited (ASX: RHC), casino operator Donaco International Ltd (ASX: DNA), and financial services company Perpetual Limited (ASX: PPT).

In respect to the Ramsay result, investors will be focused on its guidance for the year ahead and whether trading conditions have improved.

Friday.

The week finishes with results releases from plumbing parts company Reece Ltd (ASX: REH) and data centre operator NEXTDC Ltd (ASX: NXT). The latter is not expected to deliver a strong profit result due to its increased investment in its data centres to fuel future growth. But investors will be expecting the company to report a strong increase in demand for its data centre services to back up its substantial increase in capacity.

Motley Fool contributor James Mickleboro owns shares of NEXTDC Limited. The Motley Fool Australia owns shares of and has recommended Blackmores Limited and BWX Limited. The Motley Fool Australia owns shares of Appen Ltd. The Motley Fool Australia has recommended Monash IVF Group Ltd and Ramsay Health Care 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.

More on Share Market News

Ten happy friends leaping in the air outdoors.
Share Gainers

Here are the top 10 ASX 200 shares today

The markets bounced back with vigour this Tuesday.

Read more »

Business people discussing project on digital tablet.
Broker Notes

Expert gives its verdict on 3 popular ASX 200 shares

Are they buys, holds, or sells?

Read more »

Warren Buffett
Opinions

I'm following Warren Buffett's advice and buying ASX shares

The Omaha Oracle has wise advice for times like this.

Read more »

Excited couple celebrating success while looking at smartphone.
Share Gainers

Why Life360, St George Mining, Telix, and Westgold shares are charging higher today

These shares are having a strong session on Tuesday. Let's find out why.

Read more »

A young woman holds an open book over her head with a round mouthed expression as if to say oops as she looks at her computer screen in a home office setting with a plant on the desk and shelves of books in the background.
Share Fallers

Why Coles, Pantoro Gold, Seek, and Woodside shares are falling today

These shares are under pressure on Tuesday. But why?

Read more »

Target circle going down on a rollercoaster, symbolising volatility.
Share Market News

Why is the ASX 200 on a rollercoaster this week?

The ASX 200 is seeing some wild price swings this week. Let’s see why.

Read more »

A man looking at his laptop and thinking.
Broker Notes

Buy, hold, sell: Guzman Y Gomez, Worley, and Suncorp shares

Let's see if analysts are bullish or bearish on these names.

Read more »

A young woman with long brown hair opens her green eyes and mouth widely, expressing surprise.
Financial Shares

Why did the Helia share price just crash 19%?

The ASX 200 is in recovery mode today, so why are Helia shares tanking?

Read more »