Reporting season: strong for now, but dark clouds gather

Reporting season: strong for now, but dark clouds gather
NZX companies had one of the strongest reporting season in years. (Image: Supplied)
Dan Brunskill
The February corporate earnings season was one of the strongest in the past couple of years with most NZX-listed companies beating analyst forecasts.Brokerage firm Forsyth Barr said there were seven companies that beat earnings expectations for every two that fell short.Of the 31 companies that had full or half-year results, 21 reported higher earnings per share than forecast. Four were as expected and six reported misses.However, the brokerage warned that the outlook was less encouraging. The split between upgrades and downgrades analysts gave...

More Markets

NZ sharemarket rises with gentailers leading
Markets Market close

NZ sharemarket rises with gentailers leading

Electricity gentailers pumped energy into the NZX.

Tom Raynel 09 May 2025
Steven Joyce to chair NZME
Markets

Steven Joyce to chair NZME

Tech expert Bowen Pan will also join, later on. 

Staff reporters 09 May 2025
NZME set to take on Trade Me for car sales
Markets

NZME set to take on Trade Me for car sales

Publicly listed NZME, owner of the NZ Herald and BusinessDesk, says it is exploring a new automotive digital classifieds platform, in a clear bid to take on Trade Me.Seeking to emulate the success of its property platform OneRoof, NZME said on Friday it had signed a memorandum of...

Staff reporters 09 May 2025
Bremworth getting back into synthetics
Primary Sector

Bremworth getting back into synthetics

Albeit in a small, but carefully curated, number of products.

Riley Kennedy 09 May 2025