magazine archive
magazine archive
Week Ahead
Advertising worry ahead of ITV numbers
Thursday 23 Feb 2017Wednesday 1 March Free-to-air broadcaster ITV ( ITV ) , one of our top share picks for 2017, is set to report its 2016 results on 1 March. Investors’ focus may be directed more closely towards guidance on first quarter advertising revenue where the timing of Easter (March in 2016, April in 2017)...
Where next for Lloyds’ dividend?
Thursday 16 Feb 2017Lloyds Banking Group ( LLOY ) Lloyds Banking Group will announce 2016 results on 22 February. Investors will be most interested in any developments to the dividend policy. An anticipated special dividend was thrown into doubt in December 2016 when the company announced the £1.9bn acquisition of...
Will Pearson’s share price recovery run out of steam?
Thursday 16 Feb 2017Pearson ( PSON ) Shares in academic publisher Pearson have started to recover following a profit warning on 18 January. The future direction of the share price could swing on the commentary which accompanies full year results on 24 February. Investment bank Liberum is a long-standing bear of the...
Seeking reassurance from Barratt Developments
Thursday 16 Feb 2017Barratt Developments ( BDEV ) Investors will be keeping a close eye on housebuilder Barratt Developments when it reports its first half results on 22 February. A trading update in November 2016 was broadly reassuring on the impact of the Brexit vote on demand but was a little more downbeat than...
WEEK AHEAD – Rolls puts bribery case behind it
Thursday 09 Feb 2017Rolls-Royce ( RR. ) Aircraft engine maker Rolls-Royce will be hoping to avoid a repeat of its lengthy list of profit warnings served up in recent years when full year results are reported on 14 February. Having recently settled bribery claims with a £671m payment the focus is likely to be on the...
WEEK AHEAD – Predictable Fidessa
Thursday 09 Feb 2017Fidessa ( FDSA ) This is a set of full year results that is highly unlikely to pull up any trees. Software provider to the financial sector Fidessa is a pretty predictable business in the main. Modest growth plus a hefty dividend is very likely when it reports on 13 February. Expect management...
WEEK AHEAD – Drax's magnum Opus
Thursday 09 Feb 2017Drax ( DRX ) Investors have long since put any disappointment from July 2016’s first half numbers behind them. Those results showed a hefty slump in EBITDA (earnings before interest, tax, depreciation and amortisation), albeit not an unexpected one. But all attention ahead of full year results on...
Where next for Rio Tinto’s dividend?
Thursday 02 Feb 2017Wednesday 8 February The market will focus on future capital expenditure plans, cost efficiency and comment on the state of the commodities industry when Rio Tinto ( RIO ) reports full year results on 8 February. The FTSE 100 miner has already told the market about its full year production, so the...
All eyes on St Modwen’s value creation potential
Thursday 02 Feb 2017Tuesday 7 February Full year results on 7 February from real estate developer St Modwen Properties ( SMP ) provide an opportunity for incoming chief executive Mark Allan and finance director Rob Hudson to outline their plans for the business. Investment bank Liberum believes the company has self-...
Cash outflows to be focal point at BP results
Thursday 02 Feb 2017Tuesday 7 February Oil major BP ( BP. ) will announce its full year numbers on 7 February. Although the company has largely resolved liabilities associated with the Gulf of Mexico oil spill in April 2010, ongoing cash outflows are still an issue. The market may therefore look for guidance on this...