S&P/ASX All Ordinaries Index (ASX: XAO) shares are in the green on Wednesday as companies continue to release their reports this earnings season.
The ASX All Ordinaries is up 0.55% to 7,387 points at the time of writing.
Here are 2 ASX All Ords shares making big moves amid their latest financial results being released.
Let's review.
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Polar opposite movements for 2 ASX All Ordinaries shares
Pepper Money Ltd (ASX: PPM)
This ASX All Ordinaries financial share is tanking 14.8% on Wednesday after an earnings miss.
The subprime lender disappointed the market with a lower profit and dividend than expected.
In its half-year report, Pepper Money revealed a 28% drop in statutory net profit after tax (NPAT).
NPAT totalled $52 million for the six-month period ending 30 June.
Loan originations totalled $3.5 billion, down from $4 billion in 2H FY22 and $5.6 billion in 1H FY22.
The company said this reflected challenging market conditions. It said mortgage originations fell to $1.7 billion, down 36% on 2H FY22 and down 58% on 1H FY22.
The net interest margin (NIM) came in at 2.06%.
The ASX All Ordinaries share, currently trading at $1.33, will pay a fully franked interim dividend of 3.5 cents per share.
According to The Australian, the market had been expecting a 5-cent dividend and a 2.33 NIM.
Pepper Money shares are down 6.7% in the year to date.
McMillan Shakespeare Ltd (ASX: MMS)
The McMillan Shakespeare share price is up 13.75% after the employee benefits provider announced increased revenue and earnings per share (EPS) in its full-year report.
The ASX All Ordinaries share is currently swapping hands for $22.27 apiece.
The company reported normalised revenue of $625.6 million (up 5.3% on FY22) and normalised EPS of $119.6 cents per share (up 10.5%). Statutory NPAT came in at $32.3 million, down 54.1% on FY22.
The company declared a fully franked final dividend of 6.6 cents, bringing the total annual dividend to $1.24 (up 14.8%).
The ASX All Ordinaries share is up 67.2% in the year to date.
