There are still a few more reports to trickle in as the reporting season begins to slow down. Will today's ASX shares be able to deliver on their shareholders' hopes though?
Here's a quick, no-rubbish read to get you up to speed on Tuesday.
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These ASX shares are reporting today
Ranked in order of market capitalisation (largest to smallest)
Harvey Norman Holdings Limited (ASX: HVN), $5.2 billion
Sandfire Resources Ltd (ASX: SFR), $2.7 billion
Adbri Ltd (ASX: ABC), $1.2 billion
Tyro Payments Ltd (ASX: TYR), $846.8 million
Cooper Energy Ltd (ASX: COE), $447.4 million
McPherson's Ltd (ASX: MCP), $88.1 million
Swoop Holdings Limited (ASX: SWP), $41.4 million
What can we expect today?
Two weeks on from JB Hi-Fi Limited's (ASX: JBH) first-half results, we are now staring down the barrel of another set of figures, this time from its closest rival.
Harvey Norman shareholders are flying into today's results without much prior information. The last trading update was handed out on 24 November 2022, detailing sales for the period between 1 July and 31 October 2022. Importantly, aggregated sales revenue was up 6.9% compared to the prior corresponding period.
The numbers to beat from the last first half are:
- $4.91 billion in total system sales revenue
- 34.58 cents in earnings per share
- Interim fully franked dividend of 20 cents per share
Meanwhile, an ASX payments tech share will be attempting to wow onlookers today in hopes of a better bid.
Tyro Payments is in the hot seat after giving due diligence access to Potentia at the end of January. Today's first-half figures will no doubt factor into any ensuing takeover offer, so Tyro shareholders will be looking for some solid numbers.
In January, the company provided unaudited results that showed a record period in some aspects. Notably, gross profits were up 40% to $95.2 million on a normalised basis. Though, the focus will likely be on any amendments to the company's full-year guidance.
Don't forget to check back in throughout the day for our earnings coverage.
