Are you looking for some buying opportunities this earnings season?
If you are, then look no further than the three ASX shares listed below that Morgans has named as buys after reviewing their results. Here's what it is recommending:
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Domino's Pizza Enterprises Ltd (ASX: DMP)
This pizza chain operator released a full year result that was largely in line with expectations. However, a disappointing start to FY 2026 led to its shares crashing deep into the red.
And while Morgans wasn't surprised with the selloff, it remains positive and continues to recommend the company to clients. It now has a buy rating and price target of $18.00 on its shares. It said:
The key positive takeaways were that management is working fast to take "significant" cost out of the business, Europe saw strong 2H EBIT improvement driven by margin expansion and SSS growth and Asia SSS, whilst still negative, continues to improve and is likely approaching a positive inflection. Whilst the positive catalysts we were looking for did not eventuate, which was disappointing, we still see long-term value on offer, albeit patience will be required.
Flight Centre Travel Group Ltd (ASX: FLT)
Another ASX 200 share that delivered a result in line with expectations was travel agent giant Flight Centre. This was driven by a stronger than expected performance from Leisure, which offset weakness in the Corporate business.
Morgans was also pleased to see the company's guidance was better than its forecasts, though it was lower than consensus estimates.
In response, the broker has retained its buy rating with an improved price target of $15.65. It thinks investors should buy now in preparation for improving operating conditions. It said:
FLT's guidance for a flat 1H26 was stronger than we expected however it was weaker than consensus. Earnings growth is expected to accelerate in the 2H26 from an improvement in macro-economic conditions and internal business improvement initiatives. We have made minor upgrades to our forecasts.
We are buyers of FLT during this period of short-term uncertainty and share price weakness because when operating conditions ultimately improve, both its earnings and share price leverage to the upside will be material.
WiseTech Global Ltd (ASX: WTC)
Finally, Morgans remains positive on this logistics solutions company after its results release.
While its guidance was weaker than expected, it notes that this was due to accounting changes.
As a result, it has retained its buy rating on the ASX 200 share with a trimmed price target of $127.60. It said:
FY26 EBITDA guidance for US$550-585m (+44-53% vs. FY25 reported EBITDA) was materially lower than consensus due largely to accounting treatment to align WTC/E2Open, however we do not see any fundamental change to the longer-term strategic value proposition associated with the acquisition. We reduce our EBITDA forecasts by -10%/-15% respectively in FY26-FY27F. Following these changes our DCF/EV/EBITDA based price target is revised to A$127.60/sh (from A$132.40/sh) and we retain our BUY rating.
