Chanticleer
What we learnt: Westpac, Ampol, NIB, Breville
Ampol gets some feedback on its retail plans, Westpac’s costs rise, Breville toasts its inventory, and we meet America’s mortgage prisoners.
On the big days of this month’s earnings season, The Australian Financial Review’s Chanticleer columnists James Thomson and Anthony Macdonald extract the gold from the key profit results.
AM: We’ve listened to plenty of analyst calls now, and they’re very polite. There are a lot of “congratulations on a strong result” type of comments from analysts, and a lot of their questions are around nit-picking on numbers to get their next set of forecasts right.
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