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

It’s hump day, and we are right in the thick of it now with earnings season. Strap yourself in, because the torrential downpour of results from ASX shares is about to sweep through.

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

ASX shares set to report today (smallest to largest)

Rural Funds Group (ASX: RRF), $992.1 million

Netwealth Group Ltd (ASX: NWL), $3.19 billion

Iluka Resources Limited (ASX: ILU), $4.01 billion

Domino’s Pizza Enterprises Ltd (ASX: DMP), $5.81 billion

Seven Group Holdings Ltd (ASX: SVW), $6.43 billion

Lottery Corporation Ltd (ASX: TLC), $9.88 billion

APA Group (ASX: APA), $13.62 billion

Sonic Healthcare Limited (ASX: SHL), $15.93 billion

WiseTech Global Ltd (ASX: WTC), $17.30 billion

Coles Group Ltd (ASX: COL), $24.99 billion

Woolworths Group Ltd (ASX: WOW), $46.02 billion

(Market capitalisations as of 22 August 2022)

To see the complete list of ASX shares, visit our reporting season calendar here.

What to expect

Starting at the big end of town, Woolworths is expected to release its full-year results for FY22 today. Onlookers will likely be keeping a watchful eye on this ASX share to see if it has been able to pass on inflationary costs to the customer.

Analysts over at Citi are expecting $1,502 million in net profit after tax (NPAT) from Woolworths today. Furthermore, both Bell Potter and Citi currently have a buy rating on the supermarket giant.

Moving along, one ASX tech share that has managed to avoid the worst of the tech wreck is set to full-year accounts on Wednesday. According to analysts’ consensus, cloud-based logistics software provider WiseTech is expected to report $175.7 million on the bottom line.

On 15 July, WiseTech dazzled the market with its upgraded FY22 guidance. By the company’s own estimates, revenue will be between $600 million and $635 million.

Lastly, the Lottery Corporation will give the market its first taste of full-year results as a standalone ASX share.

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 Wednesday
• Looking to buy Woolworths shares? Here’s what to watch in this week’s earnings results
• Earnings preview: Here are 3 ASX 200 shares reporting this week
• Considering Woolworths shares? Here’s why this key exec just jumped ship for Amazon
• Brokers name 2 blue chip ASX 200 shares to buy

Motley Fool contributor Mitchell Lawler has positions in Sonic Healthcare Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Netwealth and WiseTech Global. The Motley Fool Australia has positions in and has recommended APA Group, COLESGROUP DEF SET, Netwealth, RURALFUNDS STAPLED, and WiseTech Global. The Motley Fool Australia has recommended Dominos Pizza Enterprises Limited and Sonic Healthcare 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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