FNArena’s Weekly Insights – August 19 2019
FNArena only started to produce detailed coverage of Australian corporate results in August 2013. In the six years since we haven’t monitored one season yet in which released financial performances consist of more “misses” than “beats”, but early indications are this August reporting season can possibly turn into “the one”.
Having updated on exactly 80 corporate releases on Monday, 19th August 2019, the tally currently stands at 33.8% “misses” (27 reports) against 21.3% “beats” (17 reports) and the remaining 36 reports or 45% in-line.
