Quiet confession season signals few surprises ahead for NZX earnings reports
Around 40 listed companies are reporting financial results in August with little advance warning of bad news.
Close to 40 listed companies are preparing to report financial results during August, mostly full-year results. A quiet "confession season" – where companies typically alert the market to bad news before reporting deadlines – suggests the earnings season is unlikely to contain major surprises. The companies face headwinds including oil shocks, rising rates, and election-related political pressure.
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BusinessDesk
Quiet 'confession season' means no surprises come earnings season
Craigs Investment Partners’ senior adviser Amelia Wong said a quiet “confession season” – where companies reported any bad news ahead of their reporting deadlines – suggests August reporting season won’t contain too many surprises. Close to 40 listed companies are…
Newsroom
Earnings season to reveal listed companies’ half-year performance
Business & investing: Companies face an earnings scorecard as oil shocks, rising rates, and election political pressure weigh on NZX profit outlooks