Earnings preview: Here’s which ASX shares are reporting today

Earnings preview: Here's which ASX shares are reporting today

Wondering which ASX companies are releasing results on Tuesday?

Mitchell Lawler

Mitchell stumbled upon the concept of investing when in high school, devotedly urging his parents to put some money into a handful of technology companies with increasingly popular products among his demographic – many of which have gone on to great success. It wouldn’t be until 2017, some five years later, that Mitchell became an investor of his own money. Having studied and worked as a mechanical engineer in the building services industry, Mitchell takes a methodical and analytical approach to evaluating businesses. Rather than relying purely on numbers, Mitchell drills beyond a company’s metaphorical mantle to unearth obscure patterns or competitive advantages that would go otherwise unnoticed. His expertise resides within areas such as software, consumer goods, and building services equipment. However, his quest to find quality companies that set the industry standard and flex some degree of an impenetrable position has no limits – small cap to mega cap, cosmetics to healthcare – if it’s an exceptional business it’s on his radar.

Published August 23, 2022 7:39 am AEST

Welcome to Tuesday! We are starting to move toward the pointy end of earnings season. While today won't see as many ASX shares reporting as what Wednesday and Thursday will, there will still be plenty of company reports to sink your teeth into.

Here's a quick summary of what to expect today so you have a jump on the market.

A woman studying share market stats on a computer while writing a report. — Image Source: Getty Images

ASX shares set to report today (smallest to largest)

Kogan.com Ltd (ASX: KGN), $406 million

Estia Health Ltd (ASX: EHE), $523 million

Hub24 Ltd (ASX: HUB), $2.00 billion

ARB Corporation (ASX: ARB), $2.60 billion

Breville Group Ltd (ASX: BRG), $3.06 billion

Boral Ltd (ASX: BLD), $3.19 billion

Ansell Limited (ASX: ANN), $3.20 billion

Alumina Ltd (ASX: AWC), $4.37 billion

Pilbara Minerals Ltd (ASX: PLS), $9.44 billion

Scentre Group (ASX: SCG), $14.43 billion

Endeavour Group (ASX: EDV), $14.81 billion

(Market capitalisations as of 22 August 2022)

To see the complete list, visit our reporting season calendar here.

What to expect

The smallest ASX share of the bunch, Kogan will no doubt be drawing attention today. Shares in the e-commerce company popped 50% after releasing a business update on 28 July. However, can the embattled retailer live up to the hype with its full-year accounts?

Another ASX share that has had a challenging time this year is the ARB Corporation. Since the beginning of the year, shares in the 4×4 accessories manufacturer have tumbled nearly 42%. Yet, Citi analysts are expecting a net profit after tax (NPAT) of $127.1 million from the company today. This would represent a 12.6% increase year on year.

Shifting gears, a popular ASX lithium share will be pulling back the curtains on its earnings today. The Pilbara Minerals share price has been on a tear recently, rallying 25% over the past month. Despite the run, Macquarie believes another 80% upside could still be on the table.

Finally, at the big end of town, Endeavour Group is expected to report in the ballpark of $489 million in earnings. Based on this estimate, the drinks and hospitality business could see a 9.9% jump in profits compared to the prior year.

Don't forget to check back in throughout the day to see all the latest results from your favourite ASX shares.

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