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Your guide to 2018-19 reporting season

Emma Rapaport  |  08 Aug 2019Text size  Decrease  Increase  |  
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Morningstar has compiled a list of more than 100 companies that will release earnings results during the August Reporting Season.

We'll update this list daily with links to research notes from our Morningstar equity analyst team. 

Highlights from week one will appear tomorrow, and our head of equity research Peter Warnes will give his take on the season later this month. 

Download the calendar

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Tuesday 30 July

Credit Corp Group (CCP) FY19 | Prem Icon Credit Corp's FVE Rises on Growing Confidence in U.S. 

Wednesday 31 July

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CYBG plc (CYB) Q19 | Prem Icon CYBG Disappoints with 3Q19 Trading Update

Genworth Mortgage Insurance Australia (GMA) HY19 | Prem Icon An Improved Outlook Prompts Genworth's FVE Increase and a Large Special Dividend

Janus Henderson Group (JHG) HY19 | Prem Icon Market Gains Offset Ongoing Outflows in Janus Henderson's 2Q

Unibail-Rodamco-Westfield (URW) HY19 | Prem Icon Earnings Guidance Upgraded Slightly but FVE Unchanged

Thursday 01 August

Rio Tinto Ltd (RIO) HY19 | Prem Icon Rio Tinto's Iron Ore Windfall Underpins Special Dividend but Is Unlikely to Continue

Tuesday 06 August

BWP Trust (BWP) FY19 | Prem Icon BWP Trust's in Line Fiscal 2019 Results and Ongoing Low Interest Rates Underpin our FVE

Shopping Centres Australasia Ltd (SCP) FY19 | Prem Icon Solid Year for SCA Property, but Retail Headwinds on the Horizon

Wednesday 06 August

Commonwealth Bank (CBA) FY19 | Prem Icon Messy FY19 Result but Commonwealth Bank's Fundamentals Still Sound

Charter Hall Education Trust (CQE) FY19 | Prem Icon Charter Hall Education Remains a Great Source of Defensive Income Following Solid Financial Result

ALE Property Group (LEP) FY19 | Prem Icon Ale Property's FVE Unchanged Despite Modestly Lower Fiscal 2019 Distributable Income

Suncorp Group (SUN) FY19 | Prem Icon Suncorp's Acting CEO Making Logical Moves

Transurban Group (TCL) FY19 | Prem Icon Corporate Action: Don't Subscribe to SPP; Transurban has Good FY19 and Raises for Small Acquisition

Thursday 07 August

AGL Energy (AGL) FY19 | Prem Icon Disappointing Guidance Overshadows AGL’s Good FY19

AMP (AMP) HY19 | Prem Icon Corporate Action: AMP’s FVE Increased Following New Strategy, Recommend Participating in SPP

Insurance Australia Group (IAG) FY19 | Prem Icon Operational Improvements Underpin IAG’s Solid FY19 Result

Mirvac Group (MGR) FY19 | Prem Icon Mirvac Strategy Sound, but Residential Earnings Still Coming Off a High

Friday 08 August

News Corp (NWS) FY19 | Prem Icon Making Complex News Simple

REA Group Ltd (REA) FY19 | Prem Icon Raising REA Group FVE to AUD 80 Following Resilient Fiscal 2019 Result

James Hardie Industries plc (JHX) Q19 | Prem Icon Above Market Index Growth Returns in Spades For Hardie in 1Q20 But Shares Screen as Fairly Valued

Monday 12 August

Aurizon Holdings Ltd (AZJ) FY19 | Aurizon Posts Better Than Expected Fiscal 2019 Result; Lifting FVE 5% to AUD 4.20

Ansell Ltd (ANN) FY19 | Prem Icon Ansell Demonstrate Operational and Capital Management Excellence, Increase FVE to AUD 32 

Bendigo & Adelaide Bank Ltd (BEN) FY19 | Prem Icon Bendigo’s Aspirational Targets Look Out of Sync With a Low Growth Environment

Contact Energy Limited (CEN) FY19 | Prem Icon Good Rainfall Propels Contact Energy's Fiscal 2019 Earnings Higher

GPT Group (GPT) HY19 |Prem Icon Retail Disappoints in 1H, Unsurprisingly; GPT Group Remains Slightly Overvalued

JB Hi-Fi Ltd (JBH) FY19 | Prem Icon JB Hi-Fi Guides to Lacklustre Sales Growth in Fiscal-Year 2020, but the Market Is Unfazed

Tuesday 13 August

Challenger Ltd (CGF) FY19 | Prem Icon Challenger's Fair Value Estimate Unchanged With in Line Fiscal-Year 2019 Results

Magellan Financial Group Ltd (MFG) FY19 | Prem Icon Magellan’s Remarkable FUM Growth Prompts a Lift in FVE, but Shares Look Overvalued

Arena REIT (ARF) FY19 | Prem Icon Arena REIT’s Outlook Remains Good Following Another Strong Year

Wednesday 14 August

CSL Ltd (CSL) FY19 | Prem Icon CSL 2019 Earnings in Line, a Solid Outlook for 2020, Upgrade FVE to AUD 210

Computershare (CPU) FY19 | Prem Icon Interest Rate Weakness Unlikely to Materially Impact Computershare in Fiscal 2020

Dexus (DXS) FY19 | Prem Icon Right Place Right Time; Office and Industrial are Hot, but Dexus Still Screens as Overvalued

Pact Group Holdings Ltd (PGH) FY19 | Pact Group Walks a Fine Line With Its Balance Sheet but Shares Remain Undervalued

National Australia Bank (NAB) Q19 | Prem Icon National Australia Bank's 3Q19 Trading Update in Line With Expectations. FVE AUD 30 Unchanged

Vicinity Centres (VCX) FY19 | Prem Icon Tough Conditions in Retail, But Mostly Priced in; Vicinity Centres Close to Fair Value

Tabcorp Holdings Ltd (TAH) FY19 | Prem Icon Transitioning Tabcorp to a New Analyst as Lotteries Drive Strong Fiscal 2019 Result

SKYCITY Entertainment Group (SKC) FY19 | Prem Icon SkyCity Plays Conservative Amidst Macroeconomic Uncertainty

Thursday 15 August

ASX Ltd (ASX) FY19 | Prem Icon ASX Fair Value Estimate Increased to AUD 57 Following Strong Result

Blackmores Ltd (BKL) FY19 | Prem Icon Weak 2019 Result and Challenging China Outlook from Blackmores, Cut FVE to AUD 77

Breville Group Ltd (BRG) FY19 | Prem Icon Transferring Analyst Coverage of Breville Following Sound Fiscal-Year 2019; Shares Remain Overvalued

Cochlear Ltd (COH) FY19 | Prem Icon COH Earnings in Line, Investment Thesis Intact, FVE Unchanged at AUD 135

InvoCare Ltd (IVC) FY19 | Prem Icon Fund Management Returns Mask InvoCare's Soft 1H

Orora Ltd (ORA) FY19 | Prem Icon Orora’s North American Growth Ambitions Yet to Live Up to Expectations

QBE Insurance Group Ltd (QBE) HY19 | Prem Icon QBE Insurance Makes Progress on the Controllables, but Investment Returns Steal the Show in 1H19

Super Retail Group Ltd (SUL) FY19 | Prem Icon Super Retail's Strong Online Performance Key to Maintaining Market Share; FVE Increased to AUD 7.70

Sydney Airport (SYD) HY19 | Prem Icon Higher Retail Spending Offsets Sydney Airport's Slowing Traffic, but Risks Remain; Shares Overvalued

Telstra Corp Ltd (TLS) FY19 | Prem Icon Telstra Result Justifies Recent Stock Rally

Treasury Wine Estates Ltd (TWE) FY19 | Prem Icon Treasury Wine Enjoying the Party, but Lofty Share Price Suggests a Hangover to Come

Whitehaven Coal Ltd (WHC) FY19 | Prem Icon Weak Guidance and Vickery Delays See our Whitehaven Coal FVE Decline 5% to AUD 4.20 per share

Woodside Petroleum Ltd (WPL) HY19 | Prem Icon Soft 1H Headline for No-Moat Woodside, but Underlying Remains Strong. FVE Increased to AUD 47

Friday 16 August

Abacus Property Group (ABP) FY19 | Prem Icon Corporate Action: Abacus FVE Increases on Acceleration of Strategy, Recommend Participating in SPP

Australia and New Zealand Banking Group (ANZ) Q19 | Prem Icon ANZ Banking Group's Loan Growth Turnaround Taking Time. AUD 29 FVE Unchanged.

Charter Hall Retail REIT (CQR) FY19 | Prem Icon Battling the Retail Headwinds Better Than Most but Charter Hall Retail REIT Remains Fairly Valued

Domain Holdings Australia Ltd (DHG) FY19 | Prem Icon Domain Performing Much Better Than its Result Suggests. FVE Increased to AUD 3.00

Healius Ltd (HLS) FY19 | Prem Icon Green Shoots Showing in the Healius 2019 Results, Maintain AUD 3.50 FVE

Newcrest Mining Ltd (NCM) FY19 | Prem Icon Newcrest’s Fiscal 2020 Guidance a Bit Weak, but Our AUD 25 per Share FVE is Retained

Star Entertainment Grp Ltd (SGR) FY19 | Prem Icon No Point Crying Over Spilt High-Roller Milk as Star Regroups

Monday 19 August

BlueScope Steel Ltd (BSL) FY19 | Prem Icon BlueScope Makes Hay While Sun Shines in 2019, but Outlook Is Cloudier; North Star Expansion Approved

Beach Energy Ltd (BPT) FY19 | Prem Icon No-Moat Beach Beats Full-Year Expectations and Ups Production Outlook. No Change to AUD 2.25 FVE

GWA Group Ltd (GWA) FY19 | Prem Icon GWA Group Performed Well Amid a Softening Housing Market in Fiscal 2019; Shares Remain Expensive

Lendlease Group (LLC) FY19 | Prem Icon Lendlease Delivers a Better Second Half; We Slightly Increase Fair Value Estimate to AUD 15.60

oOh!Media Ltd (OML) HY19 | Prem Icon oOh media Chucks Guidance out the Door; Fair Value Estimate Cut 13% to AUD 4.00 | Damage Done; Now for oOh media to Show Its Fightback Spirit

Nib holdings Ltd (NHF) FY19 | Prem Icon NIB’s Investment Returns Surprise in 2019, Private Health Affordability Limits Top-Line Growth

Netwealth Group Ltd (NWL) FY19 | Prem Icon Netwealth FVE Maintained at AUD 5.50 Despite Weaker Than Expected Result

Regis Resources Limited (RRL) FY19 | Prem Icon Reserve Growth Offset By Rising Costs for Regis Resources; AUD 3.40 FVE Retained

Westpac Banking Group (WBC) Q19 | Prem Icon Despite Arrears Worsening, Loan Quality is Sound in Westpac’s 3Q19 Update. AUD 31 FVE Unchanged

Tuesday 20 August

Asaleo Care Ltd (AHY) FY19 | Prem Icon Elevated Pulp Prices Squeeze Asaleo Care's Interim Result; Shares Remains Overvalued

ARB Corp Ltd (ARB) FY19 | Prem Icon ARB Reports Strong Fiscal 2019, but Shares Overvalued; AUD 15.00 Per Share FVE Retained

BHP Group Ltd (BHP) FY19 | Prem Icon Lowering our BHP Group FVE to AUD 30 on Higher Near-Term Costs.

Charter Hall Group (CHC) FY19 | Prem Icon Charter Hall's Momentum Continues for Now; FVE Raised to AUD 7.40 but Still Screens as Expensive

Mercury NZ Ltd (MCY) FY19 | Prem Icon Mercury’s EBITDA Falls 11% on Lower Rainfall as Expected; FVE up 3%

Monadelphous Group Ltd (MND) FY19 | Prem Icon Monadelphous Fiscal 2019 Cash Flow Evaporates, but Improved Outlook Supports Unchanged AUD 11.40 FVE

Oil Search Limited (OSH) HY19 | Prem Icon No-Moat Oil Search Hits 1H Targets but Market May Finally Be Pricing in Some Sovereign Risk

SEEK Ltd (SEK) FY19 | Prem Icon Increasing Seek FVE to AUD 20.50 on Improving Growth Outlook

Sonic Healthcare Limited (SHL) FY19 | Prem Icon Sonic Delivers Results In Line, Currency Increases Fair Value Estimate to AUD 27.50

Seven West Media Ltd (SWM) FY19 | Prem Icon Seven West Media Presses the War Button

Wednesday 21 August

a2 Milk Co Ltd (A2M) FY19 | Prem Icon A2 Milk’s Margin Outlook Disappoints the Market, but Increased Outlays Should Pay Off Long Term

Amcor PLC (AMC) FY19 | Prem Icon Amcor’s Softer Than Expected 2019 No Cause For Concern; Shares Fairly Valued

APA Group (APA) FY19 | Prem Icon Ongoing Investment Drives Another Solid Year for APA; No Change to Our View

Bapcor Ltd (BAP) FY19 | Prem Icon Bapcor's Trade Business Remains Resilient Amid Falling New Vehicle Sales; FVE Unchanged

Brambles Ltd (BXB) FY19 | Prem Icon Brambles Provides Soft Near-Term Outlook but The Long-Term Continues to Look Bright

carsales.com Ltd (CAR) FY19 | Prem Icon Carsales.com’s FVE Increased to AUD 15.80 As International Investments Gain Traction

Crown Resorts Limited (CWN) | Prem Icon Lowering our Crown FVE to AUD 14.50 but Shares Remain Undervalued

Domino's Pizza Enterprises Ltd (DMP) FY19 | Prem Icon Domino's Pizza Takes Near-Term Hit in ANZ for Long-Term Gain; FVE Lowered to AUD 52

Fletcher Building Ltd (FBU) FY19 | Prem Icon Near-Term Aussie Weakness Prompts a Slight Cut in Fletcher’s Fair Value Estimate; Shares Still Cheap

Hotel Property Investments (HPI) FY19 | Prem Icon Hotel Property Investments' Fair Value Estimate Unchanged on in Line Fiscal 2019 Results

Iluka Resources Ltd (ILU) HY19 | Prem Icon Market Overreacts to Short-Term Zircon Weakness, Iluka Shares Undervalued

McMillan Shakespeare Ltd (MMS) FY19 | Prem Icon Corporate Action: McMillan’s FVE Increased, Buyback Could Appeal Depending on Personal Circumstances

Steadfast Group Ltd (SDF) FY19 | Prem Icon Corporate Action: Do Not Subscribe to SPP. Steadfast Refills War Chest, FVE Increased to AUD 3.30

Stockland (SGP) FY19 | Prem Icon Tough Times for Retail and Residential, as Expected; No Change to Stockland’s Fair Value Estimate

Spark New Zealand (SPK) FY19 | Prem Icon Spark Ignites with a Resilient Showing

Seven Group Holdings (SVW) FY19 | Prem Icon Seven Group Profit on the Money as WesTrac Enjoys Mining's Resurgence. AUD 16.25 FVE Unchanged

WorleyParsons Ltd (WOR) FY19 | WorleyParsons Result in Flux as it Transitions to Life With Jacobs ECR. FVE Increased to AUD 9.60

WiseTech Global Ltd (WTC) FY19 | Prem Icon WiseTech Continues to Rapidly Scale its Global Platform. FVE Increased to AUD 8.10

Thursday 22 August

Air New Zealand (AIZ) | Prem Icon Air New Zealand Performing Well in a Tough Environment.

Auckland International Airport (AIA) FY19 | Prem Icon Auckland Airport Facing Subdued Near-Term Conditions Amid Slowing Global Growth; Maintain FVE

Coca-Cola Amatil Ltd (CCL) HY19 | Prem Icon Coca-Cola Amatil’s Investments Showing Green Shoots, but We See Shares as Overvalued

Coles Group Ltd (COL) FY19 | Prem Icon Coles Is Ready to Get Down to Business; Fair Value Estimate Lowered to AUD 12.00

Downer EDI Ltd (DOW) FY19 | Prem Icon Downer’s Fiscal 2019 Marginally Below Expectations but Improved Outlook Drives FVE to AUD 6.50.

EBOS Group Ltd (EBO) FY19 | Prem Icon Ebos' Flat Revenue and Margin Expansion Meets Our Expectations, Maintain FVE

Event Hospitality and Entertainment Ltd (EVT) FY19 | Prem Icon Not Even Avengers Can Save Event but Fundamentals Remain Solid

Flight Centre Travel Group Ltd (FLT) FY19 | Prem Icon Flying Abroad for Growth, but Flight Centre Shares Still Overvalued

Growthpoint Properties Austral (GOZ) FY19 | Prem Icon Big Revaluations but Growthpoint’s Underlying Fiscal 2019 Performance was Soft

Mineral Resources Ltd (MIN) FY19 | Prem Icon Mineral Resources Beats Fiscal 2019 Guidance but Albemarle’s Cash Overshadows. No Change to FVE.

Mortgage Choice (MOC) FY19 | Prem Icon Mortgage Choice Struggles Against the Tide. Fiscal 2019 Profit Sharply Lower

Medibank Pvt Ltd (MPL) FY19 | Prem Icon Capital Returns Just Getting Started Following Medibank’s 2019 Result. FVE Increased to AUD 3.25

Origin Energy Ltd (ORG) FY19 | Prem Icon Origin’s Good Fiscal 2019 Likely Represents a Peak in Earnings

Perpetual Ltd (PPT) FY19 | Prem Icon Perpetual’s Fiscal 2019 Results Disappoint, but No Change to FVE

Qantas Airways Ltd (QAN) FY19 | Prem Icon Qantas' Domestic Demand Declines; Maintaining AUD 5 Fair Value Estimate

Qube Holdings Ltd (QUB) FY19

South32 Ltd (S32) FY19 | Prem Icon Lowering our South32 FVE to AUD 2.80 per Share with Higher Costs and Energy Coal Sale

Scentre Group (SCG) HY19 | Prem Icon Weathering the Turbulence, but Clouds on the Horizon; No Change to Scentre Group FVE

Sky Network Television Limited (SKT) | Prem Icon Counting the Cost of Sky Going Full Tilt Streaming

Santos Ltd (STO) HY19 | Prem Icon Santos Doesn’t Disappoint with a Record Result. Our Fair Value Estimate Upgraded to AUD 8.75.

Southern Cross Media Group Ltd (SXL) FY19 | Prem Icon Southern Cross Outperforming its Peers; Shares Remain Undervalued

Vocus Group Ltd (VOC) FY19 | Prem Icon Vocus Keeps Focus After Laying Foundation in Fiscal 2019

Friday 23 August

Automotive Holdings Group Ltd (AHG) FY19 | Prem Icon Automotive Holdings Group Shareholders are AP Eager to Merge | Depressed New Vehicle Sales Weigh on AP Eagers' First Half; AUD 9.00 Fair Value Estimate Unchanged

Ardent Leisure Group Ltd (ALG) FY19 | Prem Icon Sit Tight in the Ardent Recovery Ride

Alumina Limited (AWC) HY19 | Prem Icon Cutting Our FVE For Alumina Ltd to AUD 1.50 as Alumina Prices Have Fallen More Sharply Than Expected

Goodman Group (GMG) FY19 | Prem Icon Good Momentum for Goodman Group; FVE Increases Slightly but the Security Remains Overvalued

IRESS Ltd (IRE) HY19 | Prem Icon Iress Reports Slightly Weaker Result Than Expected but FVE Maintained at AUD 11.80

MyState Limited (MYS) FY19 | Prem Icon Margin Pressure Takes the Shine off MyState's Fiscal 2019 Result. FVE Unchanged at AUD 5.00

Mayne Pharma Group Ltd (MYX) FY19 | Prem Icon Mayne's Generics as Expected but Lower Margin Outlook for Specialty, FVE Revised Down to AUD 0.55

Nine Entertainment Co Holdings Ltd (NEC) FY19 | Prem Icon Nine Enjoying the Bliss of Marriage; AUD 2.00 Fair Value Estimate Intact

Platinum Asset Management Ltd (PTM) FY19 | Prem Icon Platinum's Fair Value Estimate Cut on Accelerating Fund Underperformance in Fiscal 2019

Sims Metal Management Ltd (SGM) FY19 | Prem Icon North American Scrap Volumes Were Soft in 2019 but Growth To Return in 2020 Onward

Monday 26 August

Boral Limited (BLD) FY19 | Prem Icon Boral Delivers Cautious 2020 Outlook but Shares Attractive; Knauf Deal Modestly Accretive

Chorus Ltd (CNU) FY19 | Prem Icon Chorus Delivers on Earnings by Watching its Pennies

Fortescue Metals Group Ltd (FMG) FY19 | Prem Icon Fortescue's Profit Better Than Expected, but Price Benefit to Unwind; AUD 6.80 FVE Retained

G8 Education Ltd (GEM) HY19 | Prem Icon Short-Term Ramp Up Delays Don’t Impact G8 Education’s Long-Term Potential. FVE Maintained at AUD 3.5

IOOF Holdings Ltd (IFL) FY19 | Prem Icon IOOF’s FVE Reduced 4% to AUD 5.10 per Share on a Jump in Remediation Costs

Sandfire Resources NL (SFR) FY19 | Prem Icon Copper Price Decline Dents Sandfire's Fiscal 2019 Profit, but AUD 6.90 per Share FVE Retained.

Viva Energy Group Ltd (VEA) HY19 | Prem Icon Leases Confuse Viva’s First-Half Result but Cash Holds Up; No Change to AUD 3.00 Fair Value Estimate

Tuesday 27 August

Ainsworth Game Technology Limited (AGI) FY19 | Prem Icon Ainsworth Gaming Technology Remains Undervalued Despite Persistent Domestic Woes

Caltex Australia Limited (CTX) HY19 | Prem Icon Caltex’s Weaker 1H as Expected. Needle Moves to Cost Focus. FVE Unchanged at AUD 33.50.

FlexiGroup Limited (FXL) FY19 | Prem Icon Flexigroup Launches new Products and Produces In Line Fiscal 2019 Results

Inghams Group Ltd (ING) FY19 | Prem Icon High Feed Costs Will Continue to Weigh on Inghams Group in Fiscal 2020

Mesoblast limited (MSB) FY19 | Prem Icon Mesoblast Continues to Require Cash to Fund R&D, Maintains AUD 1.50 FVE

Meridian Energy (MEL) FY19 | Prem Icon Meridian Shoots the Lights Out in Fiscal 2019; FVE Lifted to NZD 3.70

Metcash Limited (MTS) | Prem Icon Cyclical Weakness Persist Across the Board for Metcash. FVE Unchanged at AUD 2.50.

Reliance Worldwide Corp Ltd (RWC) FY19 | Prem Icon Reliance Eyes Further Growth in Key Markets During Fiscal 2020; Shares Remain Attractive

Spark Infrastructure Group (SKI) HY19 | Prem Icon Spark’s 1H is Tracking Expectations; No Change to FVE

Wesfarmers Ltd (WES) FY19 | Prem Icon Wesfarmers Delivers a Solid Result, But the Underlying Businesses Don’t Warrant the Premium FVE

Z Energy Limited (ZEL) FY19 | Prem Icon We Like No-Moat Z for its Sustainable Yield Rather Than Growth Potential. NZD 8.30 FVE is Unchanged.

Wednesday 28 August

Adelaide Brighton Ltd (ABC) HY19 | Prem Icon Adelaide Brighton Maintains Full-Year 2019 Guidance; Strategic Direction is Encouraging

Aveo Group (AOG) FY19 | Prem Icon Aveo's Fiscal 2019 Result Doesn't Change Our View That Brookfield's Bid Is Likely to Succeed

Genesis Energy Ltd (GNE) FY19 | Prem Icon Generation Issues Hold Genesis Back in Fiscal 2019

Fisher & Paykel Healthcare (FPH) | Prem Icon FPH Upgrades Guidance for Key Hospital Sector, Increase FVE to NZD 16.90 and AUD 16.00

OZ Minerals Limited (OZL) HY19 | Prem Icon Slow Sales and Elevated Study Costs Drive Weak 1H but Oz Minerals’ AUD 11 FVE Retained

Port of Tauranga (POT) FY19 | Prem Icon Port of Tauranga Reports in Line Fiscal 2019 but Outlook Softens; Shares Remain Overvalued

Thursday 29 August

Atlas Arteria Ltd (ALX) HY19 | Prem Icon Subdued 1H Traffic but Lower Interest Rates Drive Strong Growth in Atlas’ Distributions

AP Eagers (APE) | Prem Icon Depressed New Vehicle Sales Weigh on AP Eagers' First Half; AUD 9.00 Fair Value Estimate Unchanged

Cromwell Property Group (CMW) FY19 | Prem Icon Cromwell Delivers in Line with Guidance, its Strategy, and our Expectations. FVE Unchanged.

Independence Group NL (IGO) FY19 | Prem Icon Independence Group Shifts Focus to Exploration for Fiscal 2020, AUD 5.20 FVE Retained

Link Administration Holdings (LNK) FY19 | Prem Icon Link Remains Undervalued Despite FVE Cut to AUD 8.10 on Weaker Outlook

National Storage REIT (NSR) | Prem Icon National Storage’s FVE Unchanged on in Line Fiscal 2019 Results

Ramsay Health Care Ltd (RHC) FY19 | Prem Icon Ramsay’s Revenue in Line but Margins Disappoint, Lower FVE to AUD 67

Village Roadshow Ltd (VRL) FY19 | Prem Icon Greater Focus in the Village Finally Pays Dividends

Woolworths Group Ltd (WOW) FY19 | Prem Icon Woolworths Delivers Solid Sales But Meaningful Margin Improvement Remains Evasive.

Friday 30 August

Harvey Norman Holdings Ltd (HVN) | Prem Icon Operating Leverage Plagues Harvey Norman in Fiscal-Year 2019; Taps Investors for a Top-Up

is the editorial manager for Morningstar Australia. Connect with Emma on Twitter @rap_reports. You can email Morningstar's editorial team editorialAU[at]morningstar[dot]com

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