Morgans Blog | Morgans

Tabcorp Holdings: Lotteries continuing to shine

18 February 2022, 7:30 AM

Tabcorp Holdings' (ASX:TAH) interim result was ahead of consensus expectations, with another record result from Lotteries & Keno (L&K) the clear highlight.

Wesfarmers: Rolling with the punches

By Alex Lu

18 February 2022, 7:00 AM

Wesfarmers' (ASX:WES) 1H22 result was largely in line at the underlying NPAT line, which was not a surprise with guidance provided in January.

Best calls to action – Friday, 18 February

By Andrew Tang

18 February 2022, 6:00 AM

Today, Friday the 18th of February, we are happy to buy Wesfarmers Limited (ASX:WES), Woodside Petroleum (ASX:WPL), Telstra Corporation (ASX:TLS), Transurban Group (ASX:TCL), South32 Limited (ASX:S32), Newcrest (ASX:NCM), Challenger Limited (ASX:CGF), TABCORP Holdings Ltd (ASX:TAH), Beacon Lighting Group (ASX:BLX), Data#3 (ASX:DTL) and Whitehaven Coal (ASX:WHC).

Newcrest Mining: Strong H2 predicted as Cadia ramp up continues

By Mat Collings

17 February 2022, 3:30 PM

H1 financial results confirmed what the market already knew – lower production leads to lower earnings, with free cash flow further reduced by Newcrest Mining’s (ASX:NCM) investment in the business.

Corporate Travel Management: Look forward, not backwards

By Belinda Moore

17 February 2022, 11:45 AM

Corporate Travel Management's (ASX:CTD) 1H22 result was in line with our forecast but was below consensus. Importantly the company generated positive EBITDA, strong cashflow conversion and has a strong balance sheet (no debt).

CSL Ltd: 1H above expectations; the “tide is beginning to turn”

By Dr Derek Jellinek

17 February 2022, 11:30 AM

CSL Ltd's (ASX:CLS) 1H results were better than expected, albeit in line with management’s assumptions, with net profit down 5% in cc on 4% revenue growth.

Breville Group: 1H22 result - Full of beans

By Alexander Mees

17 February 2022, 11:15 AM

Breville Group's (ASX:BRG) 1H22 earnings were above expectations. Sales momentum was sustained through 1H22 and EBIT margins were managed well in a ‘turbulent’ environment.