James Hardie [ASX:JHX] Reveals Sales, Profit, and Guidance Decline
James Hardie shares are moving down, with the company declaring it’s had to cut its 2023 earnings guidance on a challenging macro environment.
Breville [ASX:BRG] Falls 6% in Share Price After Revealing H1FY23 Results
Breville [ASX:BRG] Falls 6% in Share Price After Revealing H1FY23 Results
Kitchen appliances manufacturer Breville Group has fallen in share price today. Despite a 13.1% increase in EBITDA growth, revenue saw a mere 1.1% uplift in the half year.
Temple & Webster [ASX:TPW] Shares Fall 22% in Market Downturn Post-COVID
Temple & Webster [ASX:TPW] Shares Fall 22% in Market Downturn Post-COVID
Temple & Webster slips 22% in share value after announcing a 12% loss in revenue compared with the same time in 2022, thanks to changing market conditions post-COVID.
Vulcan Energy [ASX:VUL] Shares Latest DFS Update For Net-Zero Lithium Project
Vulcan Energy [ASX:VUL] Shares Latest DFS Update For Net-Zero Lithium Project
Lithium exploration and geothermal energy company Vulcan has completed its Zero Carbon Lithium Project Phase One DFS, clearing the way for the next phase of development and construction for energy generation and EV battery production in Europe.
Beach Energy [ASX:BPT] Sales Rise but No Profits Gained in 1H23
Beach Energy [ASX:BPT] Sales Rise but No Profits Gained in 1H23
Beach Energy sales revenue inched up by 3% in 1H FY23, with earnings and profit dropped. As inflation rocks all industries, operating expenses and capital expenditure is also climbing at a steady rate, forcing the company to move its guidance to the upper end of initial expectations.
Endeavour Group [ASX:EDV] Posts Strong Results and Appoints New CFO
Endeavour Group [ASX:EDV] Posts Strong Results and Appoints New CFO
Hotels and alcoholic beverages retailer Endeavor Group posts strong results for 1H FY23, boosted by restriction-free celebrations in the festive season.
JB Hi-Fi [ASX:JBH] Dividends Increase Yet Growth Starts to Slow
JB Hi-Fi [ASX:JBH] Dividends Increase Yet Growth Starts to Slow
JB Hi-Fi profits are rising, but they are not shooting as high as in recent times, and though dividends continue to rise, the company hints that this may not be the case, to the same degree, in the near future as trade begins to strike out a balance given current market conditions.
News Corp [ASX:NWS] Slashes Workforce Under Inflationary Pressure
News Corp [ASX:NWS] Slashes Workforce Under Inflationary Pressure
Major communications and media corporation News Corp has reported abysmal earnings as the heat of inflation continues to burn through profit and prepares to ditch 1,250 employees.
Imugene [ASX:IMU] Receives US Patent for PD1-Vaxx
Imugene [ASX:IMU] Receives US Patent for PD1-Vaxx
Imugene shares rise 11% for new US patent relating to its lung cancer vaccination currently in clinical development.
REA Group [ASX:REA] Reveals Lower Listings and Scuppered Profits in Property Slump
REA Group [ASX:REA] Reveals Lower Listings and Scuppered Profits in Property Slump
REA Group has confirmed a continued slump in the property market, with listings in Australian capital cities Sydney and Melbourne falling 16% and 15%, respectively, affecting company earnings.
