Top themes and surprising stock picks
Every reporting season sees winners and losers thanks to prevailing marketing conditions. For some sectors, recent easing cost pressures and cost-out programs helped buoy earnings. For others, rising labour and debt costs acted as a headwind, resulting in earnings downgrades.
To make sense of it all, our team of portfolio managers combed through the detail to bring you a snapshot of this reporting season and reveal the stocks they’re paying close attention to.
EARNINGS BEATS AND MISSES
Jason Kim, Brad Potter and Michael Maughan discuss the effects of higher interest rates on earnings, consumer demand, margins, and the outlook for dividend payouts.
THE SMALLS CAPS PUNCHING ABOVE THEIR WEIGHT
Tim Johnston and James Nguyen unpick the sectors and stocks that surprised and the changes the team made to their small cap portfolio off the back of results.
