Making sense of earnings season - our experts answer subscriber questions

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Making sense of earnings season - our experts answer subscriber questions

By Mathew Dunckley

Every six months Australian investors are confronted with a welter of information as the bulk of locally listed companies report their financial results.

Working out the trends and what it means for your investments can be difficult. That's where the newsrooms of The Sydney Morning Herald and The Age come in and will offer subscribers a unique opportunity to get insights from some of our leading business writers.

On a virtual conference call on March 5 subscribers will be able to ask questions in real time and watch as top business columnist Stephen Bartholomeusz and markets live editor Lucy Battersby give their responses.

To send your questions beforehand, please type them in the box below.

There will no doubt be many questions thrown up out of a typically lively earnings season.

One obvious theme is how the financial services royal commission has overshadowed a number of results. The banking sector has seen a profit result from Commonwealth Bank and a trading update from Westpac that underscore both the challenges and the resilience of these blue chip companies.

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Regional banks have struggled more though with Suncorp, Bendigo and Adelaide Bank and Bank of Queensland all admitting to difficult conditions.

Meanwhile, retail shareholder favourites BHP, riding an unexpected boom, and Telstra, which insists it is finding its feet in the face of continued NBN pain, are giving investors plenty to think about.

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The performance of specific companies can often give a great insight into the broader economy. The slowing housing market was blamed for Bingo Bins spectacular fall.

Retailers and their landlords, such as Vicinity and Westfield, are also battling that headwind with plenty of speculation over the impact of a negative wealth affect taking a bit out of spending.

Although there were some who bucked the blues such as Breville and JB Hi-Fi.

Nervous customers were also fingered for falls in the automotive sector as Carsales.com and Bapcor disappointed.

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Then there's global trends such as ongoing trade tensions centred on China and uncertainty over Brexit. Brambles and Goodman reported a surge in demand for their services spurred by Brexit while Blackmores was hammered after revealing the Chinese market was softening.

At the more innovative end of the ASX, giant CSL provided an impressive results but one that left optimistic investors a little disappointed.

There's of course much more to all of this than can be traversed here which is exactly why we would love to see you on the subscriber call and get your questions.

To join in the conversation on Tuesday, March 5 log onto our hosting platform sli.do by clicking here ahead of the event starting at 12 noon and enter the event code #earnings_explained to be part of the discussion.

Once logged in, subscribers will be able to watch the chat live and post questions to our panellists.

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