3 ASX 200 shares making big moves on earnings announcements

These ASX 200 shares are making moves in different directions following their results releases…

| More on:

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

Key points
  • Earnings season may be wrapping up today but that hasn't stopped a large number of releases from hitting the wires
  • Some of these results have gone down well with investors, whereas others have not
  • Investors have made their thoughts on these results known today

The final day of earnings season has seen a number of ASX 200 shares release their latest results.

Some of these results have gone down well with investors and some have been received less enthusiastically.

Three ASX 200 shares that are making big moves on their results releases are named below. Here's what they reported:

A young woman holds her hand to her mouth in surprise as she reads something on her laptop.

Image source: Getty Images

NextDC Ltd (ASX: NXT)

The NextDC share price has taken a tumble and is down 4% to $9.60. This morning, the data centre operator reported a 10% increase in half-year data centre services revenue to $159.7 million and a 15% lift in underlying earnings before interest, tax, depreciation and amortisation (EBITDA) to a record of $97.5 million.

Looking ahead, the company believes it is well-placed to achieve its FY 2023 guidance. Management expects to hit the top end of its revenue guidance of $340 million to $355 million, with underlying EBITDA in the range of $190 million to $198 million.

Nickel Industries Ltd (ASX: NIC)

The Nickel Industries share price is up 3% to 98.7 cents. This follows the release of the nickel producer's full-year results. Nickel Industries reported an 88.4% increase in revenue to US$1,217 million and a 15.3% lift in net profit to US$159 million.

This was underpinned by a record performance from the company's RKEF operations, which was matched by an equally strong contribution from the Hengjaya Mine. Pleasingly, management expects its strong performance to continue in FY 2023. This is thanks partly to the completion of the haul road from Hengjaya Mine to the Indonesia Morowali Industrial Park.

Telix Pharmaceuticals Ltd (ASX: TLX)

The Telix share price is up 3% to $6.78. Investors have been buying this radiopharmaceutical company's shares after it reported a big jump in revenue in FY 2022. Telix posted group revenue of $160.1 million, up 20 times on FY 2021's $7.6 million. This was driven by the commercial launch of the Illucix product.

And while Telix reported a loss after tax of $104.1 million due to a period of investment to scale-up commercial and clinical activities, it currently has a cash balance of $175 million and a pathway to positive cash flow.

Motley Fool contributor James Mickleboro has positions in Nextdc and Telix Pharmaceuticals. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Earnings Results

A young man sitting at an outside table uses a card to pay for his online shopping.
BNPL shares

Why are Zip shares rocketing 24% today?

This buy now pay later provider released a strong update this morning.

Read more »

A smiling businessman in the city looks at his phone and punches the air in celebration of good news.
Earnings Results

Why are Telix shares jumping 8% today?

The radiopharmaceuticals company's shares are starting the week strongly.

Read more »

Excited couple celebrating success while looking at smartphone.
Earnings Results

Soul Patts shares push higher on profit jump and 28th dividend increase in a row

This stock has lifted its dividend each year for almost three decades.

Read more »

A happy woman smiles as she looks at a tablet in a room with green plant life around her.
Earnings Results

Soul Patts 1H26 earnings: Strong growth, dividend up again

Soul Patts’ 1H26 results show continued portfolio growth, resilient cashflows, and another dividend increase.

Read more »

Two male ASX investors and executives wearing dark coloured suits sit at a table holding their mobile phones discussing the highest trading ASX 200 shares today
Communication Shares

Guess which ASX 200 telco stock is jumping 7% today

Investors have responded positively to the release of this telco's results.

Read more »

An investor looks happy holding a finger to his computer screen while holding a coffee cup in a home office scenario.
Earnings Results

Tuas half-year result: profit leaps as revenue and subscribers grow

Profit rose 173% and revenue increased 26% as Simba drove growth and M1 acquisition advanced.

Read more »

Beautiful young couple enjoying in shopping, symbolising passive income.
Earnings Results

Guess which ASX 300 stock is jumping 17% on strong results

This stock is catching the eye on Tuesday with a strong gain.

Read more »

One girl leapfrogs over her friend's back.
Earnings Results

Premier Investments shares jump 8% on results and big interim dividend

Peter Alexander is performing but Smiggle is struggling.

Read more »