Earnings season preview – Rio, CBA and Telstra

Financial journalist and commentator on 3AW and Sky Business
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Key points

  • Rio reports full-year results on Thursday and the market is expecting underlying profit of between US$8.2 billion and US$9.8 billion.
  • CBA reports interim numbers on Wednesday and the market is expecting about $4.5 billion in net profit, up from $4.2 billion last year.
  • Telstra announces interim numbers on Thursday with the market expecting interim net profit of $1.93 billion, up from $1.70 billion in December 2013.

 

The February 2015 interim reporting season actually got under way in January, but it moves into full swing this week, when market heavyweights CBA, Telstra and Rio Tinto step into the witness box.

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