Original article by David Rogers
The Australian – Page: 27 : 21-Aug-18

The August corporate reporting season in Australia has generally been positive, with about half the companies that have reported to date announcing earnings and dividend payouts that met expectations. This has been reflected in share prices, with stocks that have beaten expectations rising by 2.8 per cent on average and those that failed to do so tending to fall by around three per cent. However, Jason Steed of JP Morgan notes that earnings per share forecasts have been downgraded for 29 per cent of stocks, while just nine per cent have been upgraded.

CORPORATES
JP MORGAN AUSTRALIA LIMITED, DEUTSCHE BANK AG, MORGAN STANLEY AUSTRALIA LIMITED, BRAMBLES LIMITED – ASX BXB, COLLECTION HOUSE LIMITED – ASX CLH, ARB CORPORATION LIMITED – ASX ARB, COCA-COLA AMATIL LIMITED – ASX CCL, STANDARD AND POOR’S ASX 200 INDEX, RIO TINTO LIMITED – ASX RIO, AGL ENERGY LIMITED – ASX AGL, CHALLENGER LIMITED – ASX CGF, MINERAL RESOURCES LIHIR PTY LTD, PACT GROUP HOLDINGS LIMITED – ASX PGH, COCHLEAR LIMITED – ASX COH, DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, SEEK LIMITED – ASX SEK, ANSELL LIMITED – ASX ANN