All posts by Nathan Lead
Senior Analyst
Sectors Covered: Infrastructure, Utilities, Banks
By Nathan Lead
05 May 2023, 8:00 AM
National Australia Bank's (ASX:NAB) 1H23 result was below expectations, with NIM uplift not as strong as expected (and trending down).
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By Nathan Lead
01 May 2023, 8:30 AM
We preview the 1H23 reporting season, with expectations of solid-to-strong 1H23 growth but with a weakening earnings outlook from 2H23 onwards.
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By Nathan Lead
27 February 2023, 8:00 AM
Atlas Arteria (ASX:ALX) the FY22 result provided no major surprises. DPS guidance was unchanged.
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By Nathan Lead
21 February 2023, 8:00 AM
Aurizon Holdings (ASX:AZJ) announced a re-entry into the interstate containerised rail freight market via a material long-term contract with Team Global Express.
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By Nathan Lead
16 February 2023, 9:00 AM
Commonwealth Bank (ASX:CBA) the 1H23 result was solid, with strong operating profit growth partly offset by the reversal of credit impairment releases into expensing.
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By Nathan Lead
15 February 2023, 8:00 AM
Aurizon Holdings' (ASX:AZJ) 1H23 earnings, cashflow, and DPS were below expectations, and FY23 EBITDA guidance was downgraded 4%.
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By Nathan Lead
08 February 2023, 8:00 AM
Transurban Group (ASX:TCL) released its 1H23 result broadly in line with market expectations. FY23 DPS guidance was upgraded, the CEO announced his intended departure (late 2023), and a 50% stake in the A25 was sold to CDPQ.
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By Nathan Lead
27 January 2023, 8:00 AM
Release of Q4 traffic and revenue data from Atlas Arteria (ASX:ALX) removes a key risk heading into the FY22 result due to be released on 23 February.
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By Nathan Lead
19 December 2022, 8:00 AM
The trade sale of East Coast Rail is positive for Aurizon Holdings (ASX:AZJ) as it helps reduce balance sheet pressures from the debt funding of the One Rail acquisition and eliminates the risk of an unloved ASX spinoff of the business.
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By Nathan Lead
16 November 2022, 7:00 AM
Commonwealth Bank's (ASX:CBA) Q1 update showed strong growth in the high quality net interest income but weakness in the lower quality non-interest income and loan impairment charges.
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