It might be the last week of the official earnings season, but there are still some big ASX shares still to report.
Here's a Monday briefing to get up to speed with what will be happening in the Australian share market today.
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These ASX shares are reporting today
Ranked in order of market capitalisation (largest to smallest)
Woodside Energy Group Ltd (ASX: WDS), $65.7 billion
TPG Telecom Ltd (ASX: TPG), $8.8 billion
Yancoal Australia Ltd (ASX: YAL), $8.1 billion
Nickel Industries Ltd (ASX: NIC), $3.1 billion
Downer EDI Ltd (ASX: DOW), $2.7 billion
Cromwell Property Group (ASX: CMW), $1.9 billion
Healius Ltd (ASX: HLS), $1.7 billion
Dicker Data Ltd (ASX: DDR), $1.5 billion
InvoCare Ltd (ASX: IVC), $1.6 billion
Liberty Financial Group Ltd (ASX: LFG), $1.1 billion
Appen Ltd (ASX: APX), $339.5 million
Praemium Ltd (ASX: PPS), $320.6 million
City Chic Collective Ltd (ASX: CCX), $135.7 million
What can we expect today?
The largest oil and gas company on the ASX is scheduled to report its full-year results today — starting the week off with a bang. Although, investors should have a fairly good idea of what to expect considering the company posted its fourth-quarter and full-year update towards the end of January.
In the update, Woodside revealed record revenue in FY2022 of US$16,851 million. That's certainly a good place to start. But, shareholders are still in the dark on how profitable the financial year was — no doubt a focus amid today's results.
According to Bloomberg, the consensus estimate for Woodside's net profit after tax (NPAT) is US$5.5 billion. If true, it would mean the company's profit margin would be close to 33% for FY2022 — improving upon the 28.5% margin at the end of 2021.
Sticking with fossil fuels, Yancoal shareholders will be hoping the coal producer can break a habit with its full-year results.
Fellow ASX coal shares Whitehaven Coal Ltd (ASX: WHC) and New Hope Corporation Limited (ASX: NHC) have come under pressure amid their results, despite both posting significant increases in earnings.
Interestingly, the Yancoal share price has increased 76% over the past year, while the coal price — according to Trading Economics — has weakened slightly.
Don't forget to check back in throughout the day for our earnings coverage.
