Watch for earnings season fireworks in forward guidance

Watch for earnings season fireworks in forward guidance
Dan Brunskill
Bottom line results can be largely ignored this earnings season but any hints about the future outlook will attract a lot of attention, analysts say. This month, 19 of New Zealand’s top-50 listed companies will report half-year and annual earnings, providing forensic insight into exactly how hard they were hit by the pandemic. But some analysts say those results won’t matter because the conditions that produced those earnings are considered a one-in-100-year shock. “Everyone knows it is going to be terrible,” said Mark Lister, head of...

More Economy

Gap between NZ and Aus bank interest margin grows
Economy

Gap between NZ and Aus bank interest margin grows

In New Zealand, 2024 net interest margins were flat at 2.34%.

School lunch provider Libelle Group tipped into liquidation
Retail

School lunch provider Libelle Group tipped into liquidation

It is contracted to deliver approximately 125,000 meals a day. 

Staff reporters 11 Mar 2025
Trump declines to rule out recession
Economy

Trump declines to rule out recession

President sees ‘period of transition’ as he tries to reshape US economy.

Trump's trade war to sideline NZ business investment
Economy

Trump's trade war to sideline NZ business investment

The effects NZ businesses forecast from latest tariff moves. 

Rebecca Howard 10 Mar 2025