Here are 3 ASX blue-chip shares reporting this week

Keep your eyes peeled for reports from these ASX heavyweights.

| More on:
Three business people join hands in strength and unity

Image source: Getty Images

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

ASX reporting season will heat up this week as several big-name S&P/ASX 200 Index (ASX: XJO) shares hand in their full-year FY22 results.

Tomorrow, embattled funds management company Magellan Financial Group Ltd (ASX: MFG) and annuities provider Challenger Ltd (ASX: CGF) will release their respective FY22 reports.

Meanwhile, Wednesday and Thursday promise to be busy with results expected from the likes of Origin Energy Ltd (ASX: ORG), Newcrest Mining Ltd (ASX: NCM) and Tabcorp Holdings Limited (ASX: TAH).

Despite the size and stature of the companies mentioned above, stealing the spotlight this week will be the following trio of ASX blue-chip shares

BHP Group Ltd (ASX: BHP)

The ASX's largest company is set to reveal its FY22 results tomorrow morning. 

BHP made headlines last week after announcing a non-binding indicative proposal to acquire copper miner OZ Minerals Limited (ASX: OZL). OZ Minerals quickly knocked back the $8.4 billion bid, with the board stating it "significantly undervalued" the business. 

BHP offered $25 cash per share, representing a 32% premium to OZ Minerals' last closing price at the time. This story will likely continue to play out over the coming weeks.

In the meantime, investors will be watching the extent of the Big Australian's revenue and earnings growth in FY22. Free cash flow will also be in focus as this guides BHP's all-important dividend. In February, the ASX miner declared a record interim dividend of US$1.50 per share.

CSL Limited (ASX: CSL)

The ASX's healthcare market darling will lift the lid on its FY22 results on Wednesday.

Last week, CSL finalised its $16 billion acquisition of Vifor Pharma. But since the deal was completed after the end of the financial year, this won't impact CSL's FY22 results.

Instead, investors will be keeping a close eye on how CSL's plasma collections are faring in a post-COVID world. After the pandemic put a clamp on plasma donations, industry data is showing that trading conditions for the plasma market are much improved.

CSL delivered 4% revenue growth in the first half of FY22 as the company's plasma-derived products stalled. This was propped up by CSL's influenza vaccine business, which posted sales growth of 18%. 

Transurban Group (ASX: TCL)

According to our Foolish reporting season calendar, toll road operator Transurban is expected to report its full-year results on Thursday.

Transurban last delivered an update when it released an investor day presentation in May. Large vehicle traffic continued to show resilience, supported by major construction projects and increased e-commerce activity.

Meanwhile, traffic volumes across airport-related corridors are seeing signs of recovery.

Investors will no doubt pay close attention to the latest traffic volumes and insights when Transurban reports on Thursday. Any commentary around the impact of fuel prices and inflation also won't go unnoticed. 

Unlike BHP and CSL, Transurban's dividends won't be in focus on Thursday. This is because the toll road operator already declared a final FY22 distribution of 26 cents per stapled security back in June.

This took Transurban's total FY22 distribution to 41 cents per stapled security, up 12% compared to the distributions paid in FY21.

Motley Fool contributor Cathryn Goh has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended CSL Ltd. The Motley Fool Australia has recommended Challenger Limited. 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 girl in a yellow playsuit with a zip gives the thumbs up
BNPL shares

Is this why the Zip share price keeps breaking records?

Zip shareholders have been enjoying a record breaking year. Is this why?

Read more »

A woman with strawberry blonde hair has a huge smile on her face and fist pumps the air having seen good news on her phone.
Broker Notes

Bell Potter names the best ASX 200 stocks to buy in November

These quality stocks are top picks in November according to the broker.

Read more »

A female stockbroker reviews share price performance in her office with the city shown in the background through her windows
Share Market News

5 things to watch on the ASX 200 on Friday

Another good session is expected for Aussie investors today. Here's what is happening.

Read more »

A middle-aged man working from home looks at his mobile phone with a laptop open on the table in front of him.
Share Market News

Here's why more Australians intend to work during retirement

A new survey reveals insights into the retirement intentions of older Australian workers.

Read more »

Businessman using a digital tablet with a graphical chart, symbolising the stock market.
Share Market News

Are we soon to see a skyrocketing Aussie stock market?

Will the Aussie stock market follow the lead of American stock markets following the US election?

Read more »

A man and a woman sit in front of a laptop looking fascinated and captivated.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a volatile, but positive, day for ASX shares this Thursday.

Read more »

A cloud with a blue arrow pointing upwards through its middle symbolising a rising asx share price
Record Highs

Xero and 2 other ASX tech shares cracking all-time highs on Thursday

The price peaks follow a significant lift in the NASDAQ overnight following Republican Donald Trump's US election victory.

Read more »

A US flag behind a graph, indicating investment in US shares
Share Market News

What the US election outcome means for ASX shares

ASX shares are having a mixed reaction to the US election results today.

Read more »