Reporting season calendar and results: August 2020
All eyes will be on company balance sheets, how management has responded to this once-in-a-lifetime event, and of course, the future of dividends.
What a difference six months make. In January, it appeared we were in for a repeat of 2019. Four weeks into the new year the S&P/ASX 200 had risen an impressive 4.98 per cent, the market storming ahead under similar economic conditions.
And while the outbreak of coronavirus in Wuhan was beginning to provide financial markets with a trigger to prick stretched valuations, and the Australian summer of bushfires and drought weighed on some, earnings flowing from February's half-year reporting season were largely untouched. Then COVID hit.
"Peak to trough and back to peaks, the ride has been violent and stomach-wrenching," says Morningstar's head of equities Peter Warnes.
"Long-enduring records have been broken not only by the gyrations of financial markets but also by several critical economic benchmarks."
Coronavirus blast all forecasts for 2020 and beyond out the window. Since news of the first outbreaks outside China, financial markets have been on a turbulent ride, racing to the depths of despair in late March and rocketing back a few weeks later, on hopes of a vaccine and a V-shaped economic recovery.
Global economies have been shaken to their core, monetary stimulus deployed on an extraordinary scale, and companies clinging to government stimulus for survival, hamstrung by shutdowns and threats of a national second wave. Maybe a vaccine next year?
But we all know this. The question on everyone's mind is what happens next. Over the next month, investors finally have an opportunity to look under the hood and see how companies have responded to COVID-19. Some in the minority, we already know, have flourished, upgrading our home offices, delivering food to our doors, or stocking the aisles with enough pasta and toilet paper to fill our pantries ten times over.
Others have been less fortunate, particularly those that rely on foot traffic. And with guidance statements now a thing of the past, investors are flying blind.
In all, it's shaping up to be a reporting season like no other, and one in which profit numbers feature less. All eyes will be on the balance sheet, how management have responded to this once-in-a-lifetime event, and of course, what's going to happen with dividends.
With the deluge of information, heavy media coverage and rapid stock price movements, it can be difficult to stay on top of the results. Morningstar has compiled a handy list of more than 150 companies under coverage that will release earnings results during August 2020 Reporting Season.
The calendar is sorted by date. We'll update this list daily with links to research notes from our Morningstar equity analyst team.
The editorial team will also be here to help you through the latest news as it rolls in with timely analysis.
Morningstar's head of equity research Peter Warnes will give his take on the season later this month. Premium subscribers can check out last season's insights here.
Dates are subject to change as companies may alter their reporting date.
Download the calendar (at 21 August 2020)
Stocks under Morningstar coverage (at June 2020)
 Forecast 2020–21: Do the covid clouds have a silver lining or are we flying into a new storm front?
Key: f = full year, q = quarterly, tbc = to be confirmed,  Premium research
Upcoming results
Week 1
Tuesday 28 July
- GUD Holdings Limited (ASX: GUD) (f) |Â Â Soft Second Half for GUD, but We Expect Headwinds to Prove Short-Lived
- Virgin Money UK PLC (ASX: VUK) (q) |  No Real Stress yet in Virgin Money’s Third Quarter but It Pays to Be Prudent; FVE Retained
Wednesday 29 July
- Rio Tinto Limited (ASX: RIO) |Â Â Simandou Is Coming but Rio Tinto Relies on Iron Ore Earnings; Shares Are Overvalued
Thursday 30 July
- CIMIC Group Ltd (ASX: CIM) |Â Â No-Moat Cimic Proving Comparatively Coronavirus-Resilient. FVE Increased
- Genworth Mortgage (ASX: GMA) | A Cloud of Uncertainty Looms Above Genworth, AUD 2.80 FVE Retained
- Unibail-Rodamco-Westfield (ASX: URW) (f) | Â Continent-Wide Lockdowns may Be Over, but Second Half Likely to Be Worse. Unibail FVE Reduced.
Week 2
Tuesday 04 August
- BWP Trust (ASX: BWP) (f) |Â Â Resilient BWP Trust Posts Flat Fiscal 2020 Result; No Change to FVE
Wednesday 05 August
- ALE Property Group (ASX: LEP) (f) |Â Â ALE Property's Distributable Profit Grows 7% in Fiscal 2020 Despite Pub Closures
Thursday 06 August
- ResMed Inc (ASX: RMD) (f) |Â Â ResMed Faces Near-Term Headwinds but Long-Run Strategy and Outlook Sound
Friday 07 August
- Insurance Australia Group Ltd (ASX: IAG) (f) |  IAG’s Fiscal 2020 Results in Line With July Announcement
- News Corporation (ASX: NWS) (f) |Â News Wows with Dow but Virus Keeps Conditions Sour
- REA Group Limited (ASX: REA) (f) | REA Group Still Overvalued Despite Respectable Performance in Tough Market
Week 3
Monday 10 August
- Aurizon Holdings Ltd (ASX: AZJ) (f) |Â Â Aurizon Posts Good Fiscal 2020 Result but Guidance Disappoints; No Change to FVE
- Contact Energy Limited (ASX: CEN) (f) |Â Â Better Second Half for Contact, but Smelter Closure Still Threatens Oversupply; No Change to FVE
- GPT Group (ASX: GPT) |Â Â Fair Value Estimate Reduced for No-Moat GPT Group, but it Still Looks Undervalued
Tuesday 11 August
- Challenger Ltd (ASX: CGF) (f) |Â Â Near-Term Challenges Weigh on Challenger, but We Believe the Growth Story Is Intact
- Charter Hall Social Infrastructure REIT (ASX: CQE) (f) |Â Â Charter Hall Social Infrastructure Trust Remains in Great Shape Despite the Tough Environment
- James Hardie Industries plc (ASX: JHX) (f) |Â Â Value Proposition Uncompelling for James Hardie, With Investor Expectations Sky-High Once More
- Shopping Centres Australasia Property Group (ASX: SCP) (f) |Â Â Transferring Coverage of No-Moat SCA Property Group. Result as Expected; FVE Maintained.
- Sydney Airport Holdings Pty Ltd (ASX: SYD) |  Corporate Action: Sydney Airport’s Long Term Is Solid Despite Headwinds; Subscribe to Equity Raising
Wednesday 12 AugustÂ
- Commonwealth Bank of Australia (ASX: CBA) (f) |Â Â Commonwealth Bank Decides Against a Provision Top-Up. Sound Capital Position but Dividends to Fall
- Computershare Limited (ASX: CPU) (f) |Â Â Computershare in Reasonable Shape Despite Margin Income Impact
- Downer EDI Limited (ASX: DOW) (f) |Â Â No-Moat Downer Meets Guidance and Takes Restructure Medicine in Pursuit of Urban Services Future
- Magellan Financial Group Ltd (ASX: MFG) (f) |Â Â Magellan Flexing Its Brand Power and Track Record in Search of More FUM, FVE Increased
- SEEK Limited (ASX: SEK) (f) |  Seek’s Share Price Already Incorporates Encouraging Signs of Recovery
- Transurban Group (ASX: TCL) (f) |Â Â Virus Depresses Transurban's Earnings in Fiscal 2020, but Developments Should Drive Solid Growth
Thursday 13 August
- AGL Energy Limited (ASX: AGL) (f) |Â Â Solid Fiscal 2020 but AGL Energy's Guidance Disappoints, FVE Reduced 10%
- AMP Limited (ASX: AMP) |Â Â AMP Stung by Virus and Ongoing Fee Pressures but the Pain Should Gradually Fade
- Arena REIT (ASX: ARF) (f) |Â Â ARENA REIT Remains Undervalued and Resilient to the Challenging Economy
- Breville Group Ltd (ASX: BRG) (f) |Â Â Working from Home Conducive to Breville's Products, but Shares Overcooked
- Charter Hall Retail REIT (ASX: CQR) (f) |  Transformational Year For Charter Hall Retail REIT, That the Market Hasn’t Digested; FVE Increased.
- Goodman Group (ASX: GMG) (f) (tbc) |  Goodman’s Business Outperforms in 2020; FVE Slightly Increased, but It's More Than Priced in
- Premier Investments Ltd (ASX: PMV) |Â Â Premier Investments Drives Cost Efficiencies to the Next Level; FVE Increased
- QBE Insurance Group Ltd (ASX: QBE) |Â Â QBE Insurance Posts a Half to Forget, but Foundations for Strong Rebound in Place
- Telstra Corporation Ltd (ASX: TLS) (f) |Â Â Fuzzy Signals for Telstra Lead to a Cut in Fair Value Estimate
- Treasury Wine Estates Ltd (ASX: TWE) (f) |  Green Shoots in Treasury Wine’s Otherwise Challenging Fiscal 2020; AUD 12.30 FVE Maintained
- Woodside Petroleum Limited (ASX: WPL) |Â Â Operating Record for No-Moat Woodside but Pricing Lets the Side Down Again. Unchanged AUD 44.60 FVE.
Friday 14 AugustÂ
- Iluka Resources Limited (ASX: ILU) |Â Â Weak First Half for Iluka Resources Largely Anticipated, AUD 10 per Share FVE Retained
- National Australia Bank Ltd. (ASX: NAB) (q) |Â Â Corporate Action: Take-Up NAB's Entitlement Offer, FVE Unchanged Despite Earnings Slump
- Newcrest Mining Limited (ASX: NCM) (f) |Â Â Solid Fourth Quarter for Newcrest, but Near-Record Gold Price Sees Shares Overvalued
Week 4
Monday 17 August
- Bendigo and Adelaide Bank Ltd (ASX: BEN) (f) |Â Â Bendigo Loan Growth Impresses, but Missing Pieces of the Puzzle Pressure ROE
- Beach Energy Ltd (ASX: BPT) (f) |Â Â No-Moat Beach Energy Prudently Slows Near-Term Expansion but Longer-Term Target Grows.
- BlueScope Steel Limited (ASX: BSL) (f) |  Challenging 2021 Outlook for BlueScope’s Steelmaking Spreads but North Star Expansion Still on Track
- GWA Group Ltd (ASX: GWA) (f) |Â Â GWA Group's Earnings Likely to Recover From Coronavirus Symptoms in Fiscal 2022
- JB Hi-Fi Limited (ASX: JBH) (f) |Â Â JB Hi-Fi Makes Hay While the Sun Shines; FVE Increased
- Kogan.com Ltd (ASX: KGN) (f) |  Kogan’s Recent Trading is Strong but Still Expected to Slow; FVE Increased to AUD 10.50
- Lendlease Group (ASX: LLC) (f) |Â Â Lendlease Has Valuable Assets, but Needs to Navigate the Pandemic First; FVE Maintained
- Viva Energy Group Ltd (ASX: VEA) |Â Â No-Moat Viva Energy Does Little Better Than Survive a Tough Half, but Capital Returns Overshadow.
Tuesday 18 August
- Abacus Property Group (ASX: ABP) (f) |Â Â Abacus Has Big Decisions Ahead Amid Tough Conditions; FVE Lowered
- Amcor Plc (ASX: AMC) (f) |  Amcor’s Coronavirus Resistance on Display in Its Third Quarter 2020 Result; Shares Appealing
- Asaleo Care Ltd (ASX: AHY) |Â Â Despite Short-Term Stockpiling Tailwinds, No-Moat Asaleo Remains Expensive
- ARB Corporation Limited (ASX: ARB) (f) |Â Â We Expect ARB's Competitively Advantaged Australian Business to Drive Earnings Growth
- BHP Group Ltd (ASX: BHP) (f) |Â Â BHP's Strong Fiscal 2020 Result Benefits From Resilient Iron Ore Price; AUD 31.50 FVE Retained
- Cochlear Limited (ASX: COH) (f) |  Coronavirus Impacts on Cochlear’s Implants Less Than Anticipated; Increase FVE to AUD 138
- Coles Group Ltd (ASX: COL) (f) |  Coles’ Safe Haven Premium Is too Rich. Margin Increases Are Unlikely in the Medium Term
- Hotel Property Investments Ltd (ASX: HPI) (f) |  HPI Demonstrates Resilience in Fiscal 2020 but It’s Not Out of the Woods Yet
- Mercury NZ Ltd (ASX: MCY) (f) |Â Â Solid Fiscal 2020 for Mercury; Good Growth Expected Despite Industry Headwinds
- Monadelphous Group Limited (ASX: MND) (f) |Â Â No-Moat Monadelphous Reports Big COVID-19 Hit in March and April but Things Are Slowly Improving.
- Netwealth Group Ltd (ASX: NWL) (f) |Â Â Netwealth Increasingly Overvalued As Its Share Price Shoots Higher
- Sims Ltd (ASX: SGM) (f) |Â Â Sims Is Likely Past the Worst of the Coronavirus-Induced Scrap Market Fallout; FVE Unchanged
- Westpac Banking Corporation (ASX: WBC) (q) |Â Â Westpac Q3 Reveals Early Signs of Stress, but Higher Losses for Multiple Years Already Expected
Wednesday 19 August
- A2 Milk Company Ltd (ASX: A2M) (f) |  A2 Milk’s Growth Trajectory Impressive, but Likely to Slow; Shares Still Overvalued
- Australia and New Zealand Banking Group Ltd (ASX: ANZ) (q) |Â Â ANZ Q3 Earnings Supported by Financial Markets but Higher Loan Losses and Revenue Pressures Remain
- Bapcor Ltd (ASX: BAP) (f) |Â Â Bapcor's Unchanged FVE Supported by Long-Term Fundamentals Despite Near-Term Blip in Earnings
- Brambles Limited (ASX: BXB) (f) |Â Â Brambles to Cycle Through a Coronavirus Soft Patch Near Term, but Strong Growth to Return by 2023
- Carsales.Com Ltd (ASXL CAR) (f) |  Carsales.com’s Economic Moat Shines in Fiscal 2020 Result
- CSL Ltd (ASX: CSL) (f) |Â Â CSL Fiscal 2020 Result in Line but Facing Constrained 2021, FVE Reduced to AUD 254
- Crown Resorts Ltd (ASX: CWN) (f) |Â Â Crown Erects a Liquidity Fortress Amidst Coronavirus Distress
- Domino's Pizza Enterprises Ltd. (ASX: DMP) (f) |  Domino’s Strong Brand Drives Market Share Gains in Uncertain Times. FVE Unchanged at AUD 55
- DEXUS Property Group (ASX: DXS) (f) |Â Â Modest Debt and a Quality Portfolio Makes Dexus Well Positioned but Not Immune; FVE Slightly Reduced
- Fletcher Building Limited (ASX: FBU) (f) |Â Â Fletcher Building Shares Remain Attractive Despite a Challenging Fiscal 2021 Outlook
- InvoCare Limited (ASX: IVC) |  Coronavirus Restrictions, Benign Flu Season Hamper InvoCare’s Half-Year Earnings; FVE Retained
- Mineral Resources Limited (ASX: MIN) (f) |Â Â Strong Underlying Profit and Wodgina Proceeds Launch No-Moat Mineral Resources; FVE Stays AUD 21.50
- OZ Minerals Limited (ASX: OZL) |Â Â Oz Minerals Is Performing Strongly, but This Is Reflected in the Share Price
- Pact Group Holdings Ltd (ASX: PGH) (f) |  Pact Group Turning a Corner in Second-Half 2020; Optimism for new CEO’s Strategy
- Tabcorp Holdings Limited (ASX: TAH) (f) |Â Â Corporate Action: Tabcorp's Renounceable Rights Give Investors an Each-Way Bet
- Vicinity Centres (ASX: VCX) (f) (tbc) |Â Â Moat Rating Lowered to None and FVE Reduced for Vicinity Centres; Securities Still Look Undervalued
- Vocus Group Ltd (ASX: VOC) (f) |Â Â Vocus Over Uphill Part of Turnaround Journey; Focus Now on Sustainable Future
- WiseTech Global Ltd (ASX: WTC) (f) |  WiseTech Global’s Share Price Jump Not Justified by Financial Result
Thursday 20 August
- Auckland International Airport Limited (ASX: AIA) |Â Â Auckland Airport Should Manage Through Coronavirus Challenges; Shares Fairly Valued
- ASX Ltd (ASX: ASX) (f) |Â Â ASX Limited Remains Overvalued Despite Strong Fiscal 2020 Result
- Coca-Cola Amatil Ltd (ASX: CCL) |  Coca-Cola Amatil’s Business Starting to Rebound, but Full Recovery Still a Way Off; FVE AUD 9.00
- Charter Hall Group (ASX: CHC) (f) |Â Â Charter Hall Reports Strong 2020 Results, Prepares for Tougher Conditions Ahead; Increasing FVE
- Domain Holdings Australia Ltd (ASX: DHG) (f) |Â Â Domain's FVE Maintained at AUD 3.00 Following Slightly Stronger-Than-Expected Result
- EBOS Group Ltd (ASX: EBO) (f) |Â Â Ebos Proving Its Resilience Amidst the Pandemic; FVE Unchanged
- Genesis Energy Ltd (ASX: GNE) (f) |Â Â Soft Fiscal 2020 but Genesis Remains on Track for EBITDA Over NZD 400 Million in 2021
- Growthpoint Properties Australia Ltd (ASX: GOZ) (f) |Â Â Growthpoint's Established Portfolio Is Solid, but Is Seeking Solutions for Vacant Development Sites
- Iress Ltd (ASX: IRE) (f) |  IRESS’ Fair Value Estimate Maintained Following Slightly Weaker-Than-Expected First-Half Result
- Mirvac Group (ASX: MGR) (f) |Â Â A Solid 2020 for Mirvac, and Fiscal 2021 Is Looking Slightly Less Risky; FVE Increased
- Medibank Private Ltd (ASX: MPL) (f) |Â Â Medibank not Looking to Profiteer From Coronavirus, Investment Income to Drive 2021 Turnaround
- Orora Ltd (ASX: ORA) (f) |Â Â Shareholders Likely to Benefit As Orora Backs Away From Its North American Roll-Up StrategyÂ
- Origin Energy Ltd (ASX: ORG) (f) |Â Â Origin Posts Strong Fiscal 2020 Result but Outlook Is Poor
- Perpetual Limited (ASX: PPT) (f) |  No Major Revelations in Perpetual’s Earnings Release; Full Steam Ahead
- Qantas Airways Limited (ASX: QAN) (f) |Â Â Wings Clipped, but Qantas Will Fly Again
- South32 Ltd (ASX: S32) (f) |Â Â South32 Resilient in Challenging Fiscal 2020, AUD 2.60 FVE Retained.
- Star Entertainment Group Ltd (ASX: SGR) (f) |  Coronavirus Restrictions Hamper Star’s Full-Year Earnings Despite a Strong Start, FVE Retained
- Sonic Healthcare Limited (ASX: SHL) (f) |Â Â Sonic Navigating the Pandemic Better Than Expected as Non-COVID-19 Testing Gets Back on Track
- SKY Network Television Limited (ASX: SKT) (f) (tbc) |
- Santos Ltd (ASX: STO) |Â Â No-Moat Santos Reports Impressively Strong Second-Quarter Operations. No Change to AUD 10.30 FVE.
- Southern Cross Media Group Ltd (ASX: SXL) (f) |Â Â Positioned to Weather the Storm Under the Southern Cross
- TPG Telecom Ltd (ASX: TPG) |Â Â Maiden Report From TPG Shows Better Signals in Fixed Than in Mobile
- Wesfarmers Ltd (ASX: WES) (f) |Â Â Happy Days at Bunnings and a Special Dividend Make for Happy Wesfarmers Shareholders
Friday 21 August
- Healius Ltd (ASX: HLS) (f) |Â Â Healius Returns to Business Post-Coronavirus, Cost Reductions Drive FVE Increase to AUD 3.30
- Inghams Group Ltd (ASX: ING) (f) |Â Â Foul Year for Fowl: Elevated Costs and Soft Pricing Weigh on Inghams' Fiscal 2020 Earnings
- Mortgage Choice Limited (ASX: MOC) (f) (tbc) |Â Â Mortgage Choice's Sound Result Backed by Refinance Activity; Lower Credit Growth a Headwind in 2021
- MyState Limited (ASX: MYS) (f) |Â Â Solid MyState Result in Challenging Environment; FVE Unchanged
- Suncorp Group Ltd (ASX: SUN) (f) |  Suncorp’s 2020 Result No Belter but Momentum for Insurance Revenue Is Encouraging for the Future
Week 5
Monday 24 August
- Chorus Ltd (ASX: CNU) (f) |Â Â Chorus Drowns Out Coronavirus BluesÂ
- Fortescue Metals Group Limited (ASX: FMG) (f) |Â Â Fortescue Rides Iron Ore Price to Strong Fiscal 2020, but Record Profits Unlikely to Last
- G8 Education Ltd (ASX: GEM) (tbc) |  G8 Education Well Positioned for Important Second Half Following Strong First-Half Result
- NIB Holdings Limited (ASX: NHF) (f) |Â Â Short-Term Pain Worse Than Expected for NIB, but Still a Healthy Business and Outlook
- oOh!Media Ltd (ASX: OML) (tbc) |Â Â oOh media Taking Care of Business Indoors While Pandemic Causing Chaos Outdoors
- Reliance Worldwide Corporation Ltd (ASX: RWC) (f) |Â Â More Growth in Store for Reliance From Fiscal 2022 Despite Coronavirus; Shares Remain Attractive
- Super Retail Group Ltd (ASX: SUL) (f) |Â Â Super Retail Benefits From Pandemic in Fiscal 2021, but Negative Ripple Effects Loom in Fiscal 2022
Tuesday 25 August
- Ampol Ltd (ASX: ALD) |Â Â No-Moat Ampol Toughs Out Creditable Coronavirus-Impacted Profit. No Change to AUD 32.50 FVE.
- Ansell Limited (ASX: ANN) (f) |Â Â Very Strong Fiscal 2020 Performance and Near-Term Outlook for Ansell's PPE; Maintain AUD 33 FVE
- Bingo Industries Ltd (ASX: BIN) (f) |Â Â Bingo Industries Remains Compelling With Cyclical Recovery Expected From Fiscal 2022
- Blackmores Limited (ASX: BKL) (f) |Â Â Blackmores Delivers Disappointing Australian Sales, but Early in the Turnaround; Cut FVE to AUD 76
- Nanosonics Ltd. (ASX: NAN) (f) (tbc) |Â Â Nanosonics Likely to Remain Challenged in the Near Term; Fair Value Estimate Unchanged
- Oil Search Limited (ASX: OSH) |Â Â No-Moat Oil Search Reports Lower-Than-Anticipated First-Half Earnings; No Change to AUD 5.50 FVE
- Qube Holdings Ltd (ASX: QUB) (f) |Â Â Coronavirus Weighs on Qube's 2020 Earnings; Solid Recovery Not Expected Until 2022
- Scentre Group (ASX: SCG) |Â Â Moat Removed and FVE Reduced for Scentre Group; Shares Still Look Undervalued.
- Stockland Corporation Ltd (ASX: SGP) (f) |Â Â A Strong Residential Result From Stockland; Conditions in Office yet to Show Coronavirus Damage.
- Spark New Zealand Ltd (ASX: SPK) |Â Â Strong First Half for Spark, but Regulatory Resets Loom; AUD 2.40 FVE Retained
- Seven West Media Ltd (ASX: SWM) (f) |Â Â Seven Up for a Challenge
Wednesday 26 August
- Adelaide Brighton Ltd (ASX: ABC) |Â Â Ultimate Margin Benefit From Lime Restructuring Remains a Key Question but Shares Still Attractive
- APA Group (ASX: APA) (f) |Â Â APA Posts Solid Fiscal 2020 Result, but 2021 Earnings Guidance Disappoints
- AP Eagers Ltd (ASX: APE) |Â Â Eagers Automotive Captures Share as New-Car Sales Plummet
- Bega Cheese Limited (ASX: BGA) |Â Â Bega Delivers Robust Full-Year Earnings Amid Tough Operating Conditions; FVE Increased to AUD 4.80
- Cleanaway Waste Management Ltd (ASX: CWY) (f) |Â Â Cleanaway's Growth Is Largely Immune to Coronavirus Fallout, but Shares Remain Expensive
- Metcash Ltd (ASX: MTS) |Â Â Metcash Off to a Strong Start to Fiscal 2021, but Tailwinds Are Only Temporary
- National Storage REIT (ASX: NSR) (f) (tbc) |Â Â Storage Tailwinds Remain for National Storage REIT, but Could Be at a Slower Pace. FVE Unchanged.
- Platinum Asset Management Ltd (ASX: PTM) (f) |Â Â Finding Some Platinum Between a Rock and a Hard Place; PTM FVE Unchanged
- Steadfast Group Ltd (ASX: SDF) (f) |Â Â Steadfast Result as Steady as Expected; No Change to AUD 3.40 Fair Value Estimate
- Spark New Zealand Ltd (ASX: SPK) (f) |Â Â Pandemic Dims Spark but Resilience Remains
- Seven Group Holdings Ltd (ASX: SVW) (f) |Â Â No-Moat Seven Group Beats Our Expectations on WesTrac Strength; No Change to AUD 18.25 FVE
- Whitehaven Coal Ltd (ASX: WHC) (f) |  Depressed Coal Cycle Sees Whitehaven Coal’s Earnings Plummet, but We Still See Material Value
- Worley Ltd (ASX: WOR) (f) |Â Â No-Moat Worley Meets Fiscal 2020 Earnings Expectations, Strong Dividend Appeals.
Thursday 27 August
- Air New Zealand Limited (ASX: AIZ) |Â Â Air New Zealand's Domestic Business Is Well Positioned for a Quick Recovery; Shares Undervalued
- Ardent Leisure Group Ltd (ASX: ALG) (f) |Â Â Coffers Replenished as Ardent Navigates the Brave New World of Leisure
- Ainsworth Game Technology Limited (ASX: AGI) (f)
- Atlas Arteria Group (ASX: ALX) (f) |Â Â Coronavirus Smashes Atlas' First-Half 2020 Earnings, but Recovery Is in Top Gear
- Afterpay Ltd (ASX: APT) (f) (tbc) (f) |Â Â Why We Prefer to Skip the Afterpay Party for Now
- Avita Therapeutics Inc (ASX: AVH) (f) (tbc) |Â Â Avita's Fiscal 2020 Sales Announced, and Current Trading Update Positive; Maintain AUD 18 FVE
- Flight Centre Travel Group Ltd (ASX: FLT) (f) (tbc) |Â Â Flight Centre's Liquidity Runway Is Clear Even if the Aircraft Runway Is Not
- Link Administration Holdings Ltd (ASX: LNK) (f) |Â Â Link Administration Remains Undervalued as Full-Year Result Meets Expectations
- Nine Entertainment Co Holdings Ltd (ASX: NEC) (f) |Â Â Digital Transformation Is Nine's Vaccine Against Coronavirus
- Ramsay Health Care Limited (ASX: RHC) (f) |Â Â Ramsay Results Miss Expectations and Post-Coronavirus Recovery Looks Muted, Reduce FVE to AUD 50
- Woolworths Group Ltd (ASX: WOW) (f) |  Woolworths’ Operating Profit Declines in fiscal 2020, While One-off Sales Windfall Excites Market
Friday 28 AugustÂ
- Boral Limited (ASX: BLD) (f) |Â Â New Boral CEO Brings Hopes of Greater Focus on Core Australian Construction Materials Business
- Costa Group Holdings Ltd (ASX: CGC) |Â Â Moroccan and Chinese Blueberries Sweeten Costa's First Half; Shares Fairly Valued
- Cromwell Group (ASX: CMW) (f) (tbc) |Â Â Corporate Action: Do Not Accept ARA Proportional Takeover of Cromwell. FVE Unchanged.
- Harvey Norman Holdings Limited (ASX: HVN) (f) |  Harvey Norman’s Earnings to Remain Elevated in Fiscal 2021. FVE Increased to AUD 3.50
- Port of Tauranga (ASX: POT) (f) |  POT’s Profits Soften in 2020 As Expected; Stock Overvalued After Strong Share Price Rally
- Village Roadshow Ltd (ASX: VRL) (f) |Â Â Counting the Cost of a Village Pandemic
Monday 31 August
- Event Hospitality and Entertainment Ltd (ASX: EVT) (f) |Â Â Waiting for Recovery is the Main Event
- IOOF Holdings Limited (ASX: IFL) (f) |Â Â Corporate Action: IOOF Buys MLC; We Recommend Participating in the Entitlement Offer and SPP
 See also Morningstar Guide to International Investing
For any additions or changes please email [email protected].