Welcome to our live blog coverage of earnings season!
This is the time of year when publicly traded companies report their financial results, giving investors and analysts a glimpse into their performance and future outlook. We'll bring you real-time updates, analysis, and commentary on the latest earnings reports from major companies across various sectors. Stay tuned as we break down the numbers, highlight surprises, and provide insights into what these results mean for the market.
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Summary
- Domino's faces profit loss to the tune of $58 million
- Hims & Hers faces another stock tumble
- Zoom beats revenue estimates
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8:45 am (AEDT):
Morning everyone, its Frankie Reid with you today for our earnings news!
Up ahead, we will have results from Zoom, Nine Entertainment, Woodside, Dominos and more.
9:00 am (AEDT):
Domino's Pizza (NASDAQ: DPZ) has faced a loss in the six months to the end of 2024, with results that felt under analysts' expectations.
Its earnings before interest and taxes (EBIT) took a tumble to US$100.6 million (A$158.4 million) for the first half of FY2025, driven by underperformance in Asia (-19.0%) and Europe (-11.1%), even with stronger results in Australia (+7.6%).
The pizza company also faced a loss of $22.2 million in the face of over 200 stores closing their doors in the six months leading up to 31 December last year.
Azzet's Garry West has the full story here.
9:12 am (AEDT):
Hims & Hers Health (NYSE: HIMS) did well in its fourth quarter (Q4) growth but despite revenue getting a boost of US$1.5 billion, stock still fell by 18% in after hours trading.
According to the telehealth company's earnings release, revenue was showing an increase of 95% year-over-year as it came in at US$481.1 million (A$757.8 million) for the Q424 compared to $246.6 million (A$388.7 million) in Q423.
Andrew Dudum, co-founder and CEO said “2024 was a fantastic year at Hims and Hers" and that he expected "2025 will be another exciting step toward our vision of this next-generation of healthcare.”
Despite this, Hims & Hers faced its second stock market fall in under a week, as shares dropped 18% on Monday, local time, less than a week after they plummeted by 26% the week before, following an announcement from the U.S. Food and Drug Administration.
9:30 am (AEDT):
Hopping back to the NASDAQ, Zoom (ZM) saw revenue ahead of estimates, with Q4 total revenue coming in at US$1,184.1 million (A1,864.6 million), up 3.3% year over year.
On an adjusted basis, Zoom earnings for the fourth quarter were $1.41 per share, with Zoom stock analysts having predicted $1.30.
Renewed guidance for the video-call software company was slightly less than expected, with expectations for the full-year 2025 revenue sat at $4.79 billion against estimates of $4.81 billion, while earnings per share (EPS) guidance came in as expected at $5.34 to $5.37.
9:55 am (AEDT):
Amplitude Energy (ASX: AEL), has had a strong first half of record results after reporting a A$7.57 million profit, up from a $90.8 million loss the same time a year before.
Gas and oil production also came in 20.8% higher than the same time in 2024 as well as up EBITDAX up by 53% compared to the same time period the previous year.
“We delivered strong financial performance, with the business generating strong underlying cash flow in the half,” said managing Director and CEO Jane Norman.
“We are excited about the remainder of FY25, with further improvement trials at Orbost, initiatives to further improve our realised gas prices, and an expectation that our operating margins and underlying cash flow will continue.”
10:15 am (AEDT):
Nine Entertainment (ASX: NEC) has seen a dive in net profit of 25% or A$112.2 million for the first half of the 2025 financial year (H1 FY25).
The parent company for many Australian media staples, including Nine television network, The Age, The Sydney Morning Herald and The Australian Financial Review, also took a loss in EBITDA as it fell 15% to $268 million.
This was due to a weaker economic and advertising market and the impact of the loss of revenues from Facebook parent company Meta (NASDAQ: META).
Garry West has the full story again.
10:43 am (AEDT):
Zip Co (ASX:ZIP) posted an update to their 1H FY25 results, with cash earnings before interest, taxes, depreciation and amortization (EBTDA) up by an impressive 117.1% compared to the same time last year, to the tune of A$67million.
Total income was up 19.8% to $514 million and net bad debts were down to 1.6% from 1.8%.
Merchants using the buy now pay later platform also rose by 7.6% compared to the same time last year, an increase of 81.9 thousand.
11:05 am (AEDT):
Woodside Energy (ASX: WDS) announced their full year results for 2024 today, with the release focusing on major growth projects as it continues with gas projects in both Western Australia and the United States.
However, underlying net profit did fall to A$4.54 billion in the year ending 31 December, thanks to the impact of lower oil and gas prices.
Sales pitched down 6 per cent on record breaking production production that reached 193.9 million barrels of oil equivalent.
11:42 am (AEDT):
Sims Ltd. (ASX: SGM) had a busy start to the day, announcing not only a 184% increase in underlying earning for the first half of FY25 but also the retirement of a company director.
The metal recycling company's EBIT jump came in at A$73.0 million, and operating Cash was also up by 242% pushed along by sale of UK Metal, operational performance, and reducing working capital levels.
Sims Limited also announced a new dividend distribution for its ordinary fully paid securities, amounting to A0.10 per share.
Meanwhile, Deborah O’Toole stepped down having first joined the board of director in November 2014 and served as Chair of the Audit Committee, with her retirement coming into effect immediately.
12:04 pm (AEDT):
Heading back stateside now with Realty Income (NYSE : O) whose earnings per share came in $0.14 worse than analysts predictions for the quarter, at US$0.23.
The company released both its results for the three months and year ending on 31 December.
Revenue for the quarter just crept above estimates, at US$1.28 billion (A$2.02 billion) compared to $1.27 billion.
This month its board of directors also authorised a share repurchase program for up to US$2.0 billion in shares.
“I am pleased with our performance in 2024 as we delivered a 4.8% increase in AFFO per share, representing our 14th consecutive year of annual AFFO per share growth,” said Sumit Roy, Realty Income's President and CEO.
“Looking forward, we have positioned our platform for continued growth and dependable, long-term returns for our shareholders.”
12:30 pm (AEDT):
Good afternoon, it's Chloe Jaenicke here to take you through some afternoon earnings.
Pacific Current Group Limited (ASX: PAC) has reported a jump in first-half profit.
Statutory net profit after tax (NPAT) skyrocketed to A$100.3 million from $11.7 million a year ago while underlying profit was down 8% to $15.3 million.
The company's earnings come on the back of revaluation of its stake in Victoria Park Capital and gains on disposals.
Pacific Current said their focus for 2025 includes reducing corporate costs and debt, delivering growth initiatives and optimising organisational effectiveness.
“After a busy and exciting start to FY2025, PAC management is focused on executing a clear and disciplined plan to continue the strong momentum in 2H25,” executive director and acting CEO, Michael Clarke said.
