Equity Strategy
August reporting season against an unusual backdrop
Thu 6th August, 2020

For the first time in almost 30 years the August reporting season for the Australian market is occurring against the unusual backdrop of both the domestic and global economies being in a recession.

This raises a number of questions for investors:

  • Will the elevated volatility that typically characterises an Australian reporting season return?
  • Will another round of capital raisings be on the cards as the outlook for returning to normal post-COVID-19 appears to be elongating? And how will FY21 earnings estimates hold up as a result?

    In our monthly Australian Equities report we turn our focus to the August reporting season and unpack company and sector outlooks amidst the COVID-19 pandemic.

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    Written by

    John Lockton, Australian Equities

    John is a leading investment strategist with 20 years experience.

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