All posts by Richard Coles
Senior Analyst
Sectors Covered: Insurance, Diversified Financials
By Richard Coles
08 January 2024, 8:00 AM
We update our Insurance/Diversified Financials sector earnings on a mark-to market and a broad review of our earnings assumptions.
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By Richard Coles
23 November 2023, 8:00 AM
Medibank (ASX:MPL) had hosted its AGM, with the company re-affirming key FY24 guidance metrics.
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By Richard Coles
06 November 2023, 8:00 AM
Overall, we saw this as a soft result that was well below market earnings expectations, although clearly a normalisation in Macquarie Group's (ASX:MQG) operating environment is the key driver here.
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By Richard Coles
12 October 2023, 8:00 AM
There were positives and negatives in the update. Broadly though, we think Insurance Australia Group (ASX:IAG) should be tracking ahead of budget after 1Q24, given natural perils in the period were extremely low.
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By Richard Coles
04 October 2023, 8:00 AM
Computershare (ASX:CPU) has announced the sale of its US Mortgage Services Business (CLS) for US$720m.
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By Richard Coles
30 August 2023, 8:00 AM
Tyro Payments’ (ASX:TYR) FY23 NPAT of A$6m (FY22 -A$30m) was above consensus of A$2m.
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By Richard Coles
23 August 2023, 8:00 AM
Insurance Australia Group's (ASX:IAG) FY23 NPAT was +140% on the pcp and 6% below consensus.
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By Richard Coles
22 August 2023, 8:00 AM
NIB Holdings' (ASX:NHF) FY23 underlying operating profit (A$263m) was +11% on the pcp and 4% above consensus.
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By Richard Coles
17 August 2023, 8:00 AM
Computershare's (ASX:CPU) FY23 management EPS (US110cps, constant currency basis) was +89% on the pcp, and broadly in-line with full year guidance (+90% growth).
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By Richard Coles
11 August 2023, 8:00 AM
QBE Insurance Group's (ASX:QBE) 1H23 NPAT of US$405m was ~10% below consensus with the miss appearing mainly due to a higher tax rate than expected.
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