The Corporate Travel Management Ltd (ASX: CTD) share price will be in focus today after the company reported a 26% increase in revenue and a 55% increase in underlying net profit after tax (NPAT). So far in 2016, the CTD share price has declined almost 4.8% so investors will be looking for a bump today.
Here's a quick recap:
- FTSE 100 (UK): down 0.42%
- DAX (Germany): down 0.42%
- CAC 40 (France): down 0.09%
- Dow Jones (USA): up 0.17%
- NASDAQ (USA): down 0.43%
A number of other companies have also reported their earnings results today, including RCG Corporation Ltd (ASX: RCG). The retailer reported a 34% increase in underlying NPAT while its revenue was up almost 40%.
Fellow retail business Super Retail Group Ltd (ASX: SUL) reported a 5% increase in like-for-like sales with continued strong growth in its Sports division.
The Mayne Pharma Group Ltd (ASX: MYX) share price will be in focus after the group reported a 132% increase in its first-half revenue while its NPAT rose 278%.
IMF Bentham Ltd (ASX: IMF) reported a 197% increase in net income from cases while its earnings per share was 8.22 cents.
Meanwhile, revenue rose 7.6% for Automotive Holdings Group Ltd (ASX: AHG), although its earnings before interest and taxes (EBIT) declined 6.3%. On the other hand, operating profit soared 27.2% for CBL CORP FPO NZX (ASX: CBL) with its underlying profit after tax up 23.9%.
Elsewhere, Rio Tinto Limited (ASX: RIO), BHP Billiton Limited (ASX: BHP) and Fortescue Metals Group Limited (ASX: FMG) all fell sharply on Thursday, and could fall further again today after the iron ore price slipped 3.1%, according to The Australian Financial Review.
Before getting started on your day, be sure to check out these two articles:
