Results Reactions
Results reactions as of Saturday 13th February 2021
This table shows the performance of stocks since recent results announcements or guidance - stocks are listed in market cap order biggest to smallest:
This is some of the research post results this week.
Macquarie results - Guidance was typically conservative but the fourth-quarter performance from the institutional side of the business (deal flow in positive markets) was exceptional and the share price is up 7.26% on the week. No dividend it was a quarterly result.
CBA results – Results didn’t dazzle anybody with some brokers suggesting they could have paid out a bigger dividend but decided not to. Balance sheet strong but the P&L decidedly unimpressive. Share price down 2% on the week. They go ex dividend on Tuesday (16th Feb).
Telstra Results - A good reaction to inline results. Stock up 3.17% on the week. One broker talks about this marking the turning point in underlying earnings growth ahead. They are releasing value by selling their infrastructure assets and that has raised some hopes for their dividend prospects. The dividend was maintained when some brokers thought it might be shaved by a cent.
Suncorp Group (SUN) - up 0.8% since results.
Challenger (CGF) - Down 12.05% since results.
IAG - Up 5.53% since results.
Magellan Financial Group (MFG) - Down 5.2% since results.
Computershare (CPU) - Down 1.05% since results.
CIMIC (CIM) - down 20.9% since results.
ASX - Down 1.23% since results.
AMP - Down 14.3% since results.
AGL - Down 1% since results.
TEN BEST results reactions fo far:
TEN WORST results reactions so far
DIVIDENDS COMING UP