It looks set to be another busy five days for the S&P/ASX 200 index next week.
Here’s a preview on five things to watch on the index:
A2 Milk annual general meeting.
The highly anticipated A2 Milk Company Ltd (ASX: A2M) annual general meeting is taking place in New Zealand on Tuesday. Traditionally, a2 Milk provides a trading update for the first four months of the financial year at the event. There are concerns that management’s increased investment in sales and marketing activities could be weighing heavily on margins.
Aristocrat Leisure full year result.
All eyes will be on the Aristocrat Leisure Limited (ASX: ALL) share price on Wednesday when it releases its full year results. The gaming technology company’s shares have been on fire this year, so expectations certainly are high. A note out of Goldman Sachs reveals that it expects revenue of $4.4 billion and NPATA of $883 million. This represents annual growth of 20% and 21%, respectively.
Pro Medicus AGM
The Pro Medicus Limited (ASX: PME) share price could be on the move on Tuesday when it holds its annual general meeting in Melbourne. Investors will be looking for some positive guidance for FY 2020 from the fast-growing health imaging IT provider.
ALS half year result.
The ALS Ltd (ASX: ALQ) share price will be on watch on Wednesday when it releases its half year results. According to a note out of Goldman Sachs, it expects the testing services company to deliver half year EBITDA of $184 million. On the bottom line it has forecast a net profit after tax of $94 million.
REA Group meeting.
REA Group Limited (ASX: REA) is another company holding its annual general meeting on Tuesday. Whilst the property listings company has only just released its first quarter update, investors will no doubt be eager to hear whether trading conditions have improved in November.
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James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and recommends Pro Medicus Ltd. The Motley Fool Australia owns shares of A2 Milk. The Motley Fool Australia has recommended Pro Medicus Ltd. and REA Group 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.
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