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…

a woman

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

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:


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.


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 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.


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.


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

Contented looking man leans back in his chair at his desk and smiles.
Share Market News

5 things to watch on the ASX 200 on Monday

It looks set to be a good start to the week for Aussie investors.

Read more »

A couple sits on a sofa, each clutching their heads in horror and disbelief, while looking at a laptop screen.
Share Market News

These are the 10 most shorted ASX shares

Let's see which shares short sellers are targeting this week.

Read more »

A graphic image of the world globe surrounded by tech images is superimposed on the setting of an office where three businesspeople are speaking together while standing.
Share Market News

Here's how the ASX 200 market sectors stacked up last week

ASX technology shares led the market with a 2.8% gain this week.

Read more »

A young woman lifts her red glasses with one hand as she takes a closer look at news about interest rates rising and one expert's surprising recommendation as to which ASX shares to buy
Broker Notes

Top brokers name 3 ASX shares to buy next week

Brokers gave buy ratings to these ASX shares last week. Why are they bullish?

Read more »

Woman in a hammock relaxing, symbolising passive income.
Dividend Investing

Hoping to retire? I'd buy these ASX 200 dividend shares for passive income

I think these ASX 200 dividend stocks will continue to reward passive income investors for years to come.

Read more »

A man clenches his fists in excitement as gold coins fall from the sky.
Broker Notes

These ASX 300 shares could rise 35% to 65%

Analysts are tipping these shares to rise strongly from current levels. How high could they go?

Read more »

a man in a high visibility vest and hard hat holds a thumbs up at a mine site with heavy equipment in the background.
Broker Notes

What are brokers saying about BHP shares following the miner's quarterly results?

Analysts have crunched the numbers.

Read more »

A young girls clings in fright to a big red slide.
Share Market News

Here are the top 10 ASX 200 shares today

Investors were hitting the sell button hard today...

Read more »