5 September 2018
Weekly Insights From The FNArena News Desk 03/09/18
The August reporting season always provides investors with fresh insights and updates that can be used as input for portfolio adjustments and strategy re-alignment for the year(s) ahead.
Last month has been no exception (definitely not!), but before we get to the nitty gritty of the most recent mass-update on how corporate Australia is faring, let’s zoom in on the statistical data first.
As things stand now that the August reporting season is officially over, and we have to assume the bulk of broker reviews and responses are in the public domain, 307 companies in the FNArena universe have reported with 145 (47%) of these companies doing so broadly in-line with guidance and expectations, leaving 87 (28%) to do better and 75 (24%) to disappoint.
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