Earnings preview: Here’s which ASX shares are reporting today

It’s Friday — you made it to the finale of a rather eventful week of earnings season. However, unlike the last couple of days, today’s roster of ASX shares reporting is relatively concise.

Here’s a quick summary of what to expect today so you have a jump on the market.

ASX shares slated to report today (smallest to largest)

Inghams Group Ltd (ASX: ING), $1.10 billion

Latitude Group Holdings Ltd (ASX: LFS), $1.65 billion

AGL Energy Limited (ASX: AGL), $5.49 billion

Cleanaway Waste Management Ltd (ASX: CWY), $5.59 billion

Stockland Corporation Ltd (ASX: SGP), $9.10 billion

TPG Telecom Ltd (ASX: TPG), $12.46 billion

Cochlear Limited (ASX: COH), $14.09 billion

Newcrest Mining Ltd (ASX: NCM), $16.67 billion

(Market capitalisations as of 18 August 2022)

What to expect

Plenty of eyes will be on energy retailer AGL Energy today after a disastrous full-year result from Origin Energy Ltd (ASX: ORG) yesterday. Shocking the market, AGL’s competitor revealed a considerable $1.43 billion loss for FY22.

However, analysts are suspecting AGL will fare better with its own financials. Estimates from Bloomberg have the company’s net profit after tax (NPAT) pegged at $323.8 million.

Another ASX share packaging up its full-year numbers for today is hearing solutions company, Cochlear. Analysts at Citi expect NPAT to come in at $299 million. This figure would represent a nearly 9% reduction in its statutory earnings from the prior year.

No doubt Latitude will pique the interest of those interested in the buy now, pay later space. The financial solutions provider is set to release its half-year results today following an outstanding performance from fellow BNPL company, Sezzle Inc (ASX: SZL) yesterday.

Lastly, investors will be dialing in today to hear how teleco giant TPG has performed in the latest half. Estimates are suggesting a dividend of 9 cents per share is possible.

Don’t forget to check back in throughout the day to see all the latest results from your favourite ASX shares.

The post Earnings preview: Here’s which ASX shares are reporting today appeared first on The Motley Fool Australia.

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More reading

• 5 things to watch on the ASX 200 on Friday
• 2 blue chip ASX 200 shares tipped as buys by experts
• Hoping to pounce on AGL shares? Here’s what to watch when the energy giant reports this week
• Here are the top 10 ASX 200 shares today
• Guess how much AGL has paid in dividends over the past 5 years?

Motley Fool contributor Mitchell Lawler 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 Cochlear Ltd. The Motley Fool Australia has recommended Cochlear Ltd. and TPG Telecom Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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