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1.Market Observations, 8.Was Sticky

31 Aug 2019 (AFR) – Reporting season: ‘Pretty soft’ earnings raise red flags for 2020

(31 August 2019, AFR, p22, Sarah Turner, William McInnes and James Thomson)

Performance of top reporting companies in August 2019 (AFR)

Performance of top reporting companies in August 2019 (AFR)

‘Market analysts have lowered their earnings expectations for Australia’s top companies in 2019-20 after a largely unimpressive reporting season left fund managers cautious around the outlook and underlined that technology stocks are still the index’s top dogs.’

Read more at AFR.com (might need AFR login, or try: AFR.com/trial)

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