Next week is a huge one for the ASX 200 as earnings season ramps up

CSL Limited (ASX:CSL), Telstra Corporation Ltd (ASX:TLS), and Treasury Wine Estates Ltd (ASX:TWE) are amongst those reporting results next week…

a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Next week earnings season will move up a gear with the release of a large number of results from many of Australia's biggest companies.

Here's a quick guide for the week ahead and what to expect:

Monday.

On Monday personal care products company Ansell Limited (ASX: ANN), regional bank Bendigo and Adelaide Bank Ltd (ASX: BEN), and retailer JB Hi-Fi Limited (ASX: JBH) are all scheduled to release their respective results.

What to look for.

A large number of brokers are bearish on Bendigo and Adelaide Bank due to the negative impact of lower interest rates on its profits. It is widely expected to report a very weak full year result. And investors will be looking for signs that tax cuts and an improving housing market have boosted JB Hi-Fi's sales over the last few months.

Tuesday.

On Tuesday struggling annuities company Challenger Ltd (ASX: CGF) and high-flying fund manager Magellan Financial Group Ltd (ASX: MFG) are due to hand in their results.

What to look for.

Magellan's shares have more than doubled since the start of the year thanks to its strong FUMs growth. This means that expectations are very high for this result.

Wednesday.

Wednesday will see the release of results from global biotech giant CSL Limited (ASX: CSL), struggling administration services company Computershare Limited (ASX: CPU), and New Zealand casino operator SKYCITY Entertainment Group Limited (ASX: SKC).

What to look for.

According to a note out of Morgan Stanley, it expects CSL to deliver revenue growth of 9% and net profit growth of 11% in FY 2019. It is expected to have benefited from strong immunoglobulins demand in FY 2019.

Thursday.

Thursday looks set to be the busiest day of earnings season so far with results from a good number of blue chips. These include stock exchange operator ASX Ltd (ASX: ASX), insurance giant QBE Insurance Group Ltd (ASX: QBE), airport operator Sydney Airport Holdings Pty Ltd (ASX: SYD), telco giant Telstra Corporation Ltd (ASX: TLS), and global wine company Treasury Wine Estates Ltd (ASX: TWE).

What to look for.

Telstra is widely expected to cut its final dividend down to 8 cents per share. It could also announce potential asset sales and update the market on its T22 strategy. Treasury Wine Estates recently reaffirmed its full year guidance, so all eyes will be on its FY 2020 outlook. A number of brokers believe it will fall short of its growth targets next year.

Friday.

It will be another busy day on Friday with results scheduled to be released from the likes of Cochlear Limited (ASX: COH), Domain Holdings Australia Ltd (ASX: DHG), Jumbo Interactive Ltd (ASX: JIN), and Newcrest Mining Limited (ASX: NCM).

What to look for.

A strong result is expected from Jumbo Interactive after the lottery ticket seller released a stellar first half result and experienced a series of large jackpots during the second half. Newcrest looks set to release a bumper profit result after the gold price surged higher in 2019, so shareholders will no doubt be hoping that it rewards them with a special dividend.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the 'five best ASX stocks' for investors to buy right now. We believe these stocks are trading at attractive prices and Scott thinks they could be great buys right now...

See The 5 Stocks *Returns as of 9 January 2025

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of Cochlear Ltd., CSL Ltd., and Jumbo Interactive Limited. The Motley Fool Australia owns shares of and has recommended Sydney Airport Holdings Limited, Telstra Limited, and Treasury Wine Estates Limited. The Motley Fool Australia has recommended Ansell Ltd., Cochlear Ltd., Computershare, Jumbo Interactive Limited, and Sky City Entertainment Group Ltd. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Market News

A happy male investor turns around on his chair to look at a friend while a laptop runs on his desk showing share price movements
Broker Notes

Top brokers name 3 ASX shares to buy next week

Brokers gave buy ratings to these ASX shares last week. Why are they bullish?

Read more »

Medical or healthcare workers grasp hands in the universal expression of teamwork
Healthcare Shares

Here's how the ASX 200 market sectors stacked up last week

Healthcare was the strongest sector last week, with market darling Pro Medicus surging yet again.

Read more »

Three happy multi-ethnic business colleagues discuss investment or finance possibilities in an office.
Financial Shares

The IAG share price soared 50% in 2024! Here's how

IAG shares smashed the benchmark returns in 2024. But how?

Read more »

A happy boy with his dad dabs like a hero while his father checks his phone.
Opinions

These ASX shares have a legit shot at doubling in 5 years

I’m bullish about the outlook for these stocks for several reasons.

Read more »

A man holding a cup of coffee puts his thumb up and smiles while at laptop.
Broker Notes

These ASX 200 shares could rise 20% to 40%

Analysts think these shares could deliver big returns for investors this year.

Read more »

A rueful woman tucks into a sweet pie as she contemplates a decision with regret.
Share Market News

Here are the top 10 ASX 200 shares today

It was a rough end to the week this Friday for ASX shares...

Read more »

Three rockets heading to space
Record Highs

3 ASX 300 shares smashing new multi-year highs while the market struggles

The broader market is in the red on Friday but these three shares are riding high.

Read more »

A fresh-faced young woman holds an Australian flag aloft above her head as she smiles widely on a beach as though celebrating a national day or event where Australia has been successful.
Opinions

The only Australian stocks I own at the start of 2025

My portfolio has a mix of studs and potential duds...

Read more »