2 ASX All Ordinaries shares making HUGE moves after reporting results

One going up, one going down.

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S&P/ASX All Ordinaries Index (ASX: XAO) shares are in the green on Wednesday as companies continue to release their reports this earnings season.

The ASX All Ordinaries is up 0.55% to 7,387 points at the time of writing. 

Here are 2 ASX All Ords shares making big moves amid their latest financial results being released.

Let's review.

Polar opposite movements for 2 ASX All Ordinaries shares

Pepper Money Ltd (ASX: PPM)

This ASX All Ordinaries financial share is tanking 14.8% on Wednesday after an earnings miss.

The subprime lender disappointed the market with a lower profit and dividend than expected.

In its half-year report, Pepper Money revealed a 28% drop in statutory net profit after tax (NPAT).

NPAT totalled $52 million for the six-month period ending 30 June.

Loan originations totalled $3.5 billion, down from $4 billion in 2H FY22 and $5.6 billion in 1H FY22.

The company said this reflected challenging market conditions. It said mortgage originations fell to $1.7 billion, down 36% on 2H FY22 and down 58% on 1H FY22.

The net interest margin (NIM) came in at 2.06%.

The ASX All Ordinaries share, currently trading at $1.33, will pay a fully franked interim dividend of 3.5 cents per share.

According to The Australian, the market had been expecting a 5-cent dividend and a 2.33 NIM.

Pepper Money shares are down 6.7% in the year to date.

McMillan Shakespeare Ltd (ASX: MMS)

The McMillan Shakespeare share price is up 13.75% after the employee benefits provider announced increased revenue and earnings per share (EPS) in its full-year report.

The ASX All Ordinaries share is currently swapping hands for $22.27 apiece.

The company reported normalised revenue of $625.6 million (up 5.3% on FY22) and normalised EPS of $119.6 cents per share (up 10.5%). Statutory NPAT came in at $32.3 million, down 54.1% on FY22.

The company declared a fully franked final dividend of 6.6 cents, bringing the total annual dividend to $1.24 (up 14.8%).

The ASX All Ordinaries share is up 67.2% in the year to date.

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended McMillan Shakespeare. 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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