It's Friday — you made it to the finale of a rather eventful week of earnings season. However, unlike the last couple of days, today's roster of ASX shares reporting is relatively concise.
Here's a quick summary of what to expect today so you have a jump on the market.
ASX shares slated to report today (smallest to largest)
Inghams Group Ltd (ASX: ING), $1.10 billion
Latitude Group Holdings Ltd (ASX: LFS), $1.65 billion
AGL Energy Limited (ASX: AGL), $5.49 billion
Cleanaway Waste Management Ltd (ASX: CWY), $5.59 billion
Stockland Corporation Ltd (ASX: SGP), $9.10 billion
TPG Telecom Ltd (ASX: TPG), $12.46 billion
Cochlear Limited (ASX: COH), $14.09 billion
Newcrest Mining Ltd (ASX: NCM), $16.67 billion
(Market capitalisations as of 18 August 2022)
What to expect
Plenty of eyes will be on energy retailer AGL Energy today after a disastrous full-year result from Origin Energy Ltd (ASX: ORG) yesterday. Shocking the market, AGL's competitor revealed a considerable $1.43 billion loss for FY22.
However, analysts are suspecting AGL will fare better with its own financials. Estimates from Bloomberg have the company's net profit after tax (NPAT) pegged at $323.8 million.
Another ASX share packaging up its full-year numbers for today is hearing solutions company, Cochlear. Analysts at Citi expect NPAT to come in at $299 million. This figure would represent a nearly 9% reduction in its statutory earnings from the prior year.
No doubt Latitude will pique the interest of those interested in the buy now, pay later space. The financial solutions provider is set to release its half-year results today following an outstanding performance from fellow BNPL company, Sezzle Inc (ASX: SZL) yesterday.
Lastly, investors will be dialing in today to hear how teleco giant TPG has performed in the latest half. Estimates are suggesting a dividend of 9 cents per share is possible.
Don't forget to check back in throughout the day to see all the latest results from your favourite ASX shares.
