Offshore
Lam Research
Lam Research, the semiconductor manufacturing equipment company, rose more than 6% after reporting fiscal fourth quarter revenue and EPS above expectations.
3 August 2026
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In-depth analysis of offshore companies
Lam Research, the semiconductor manufacturing equipment company, rose more than 6% after reporting fiscal fourth quarter revenue and EPS above expectations.
Starbucks rose 5% after reporting adjusted EPS of $0.85, ahead of expectations of $0.66. Revenue of $9.32bn exceeded forecasts, same store sales increased 7.9%, and
Robinhood fell despite reporting second quarter revenue above expectations. Higher trading activity lifted profits, but weaker cryptocurrency trading volumes weighed on sentiment.
Microsoft gained after reporting quarterly revenue of $90.01bn, above expectations of $87.62bn. Azure revenue grew 43.0% at constant currency, while annual Azure revenue exceeded $100bn
Meta Platforms dropped almost 10% after reporting EPS of $6.18, below expectations. Third quarter revenue guidance of between $61bn and $64bn also disappointed investors.
Procter & Gamble declined after fourth quarter revenue of $21.20bn missed expectations of $21.38bn. Net income also fell to $3.04bn from $3.62bn a year earlier.
SoFi Technologies fell 9% despite reporting second quarter revenue and EPS above expectations. The digital financial services company raised full year revenue guidance, but weaker
Lemonade, the insurer, plunged 22% after reporting a sharp increase in second quarter spending. Gross spending rose 30.0% to $64.00m, while technology development costs increased
Visa declined after reaffirming full year EPS growth guidance that failed to impress investors. The payments group also announced plans to reduce its workforce by
Mondelez reported second quarter EPS of $0.73, ahead of expectations of $0.68. Revenue increased to $9.36bn, above forecasts of $9.20bn, while gross margin also exceeded
Ford Motor gained 6% after reporting second quarter earnings above expectations and raising its 2026 earnings outlook. Automotive revenue was slightly below forecasts.
Sherwin Williams climbed 8% after raising its full year EPS guidance to between $11.80 and $12.20. Second quarter revenue and earnings also exceeded expectations.
Coca Cola rose 5% after reporting second quarter EPS of $0.97, above expectations of $0.93. Revenue of $13.38bn also beat forecasts, while the company raised
PayPal gained after reporting second quarter EPS of $1.38, ahead of expectations of $1.28. Revenue increased to $8.68bn, exceeding forecasts of $8.47bn
Boeing gained 5% after second quarter revenue of $24.56bn beat expectations of $24.25bn. Adjusted loss per share of $0.76 was worse than the expected $0.30
ASML fell 8% after reports that China had begun mass production of domestically produced deep ultraviolet chipmaking equipment. Investors worried the move could increase competition
3M (MMM) climbed more than 8% after second quarter earnings and revenue beat expectations. The industrial group also raised its full year guidance.
Danaher (DHR) dropped 13% despite reporting second quarter earnings and revenue above expectations. The life sciences equipment manufacturer lowered full year core revenue growth guidance
Utz Brands (UTZ) surged 90% after agreeing to a takeover by Germany’s Intersnack Group. The deal values the snack food company at $14.25 per share
Novartis (NOVN) shares rose after second quarter results exceeded expectations. Core earnings and revenue both beat forecasts. The pharmaceutical company also reaffirmed its full year
MSCI (MSCI) fell 9% after reporting weaker than expected second quarter results. EPS came in at $4.94, below expectations of $4.99. Revenue increased to $867.00m,
Hasbro (HAS) rose 7% after reporting second quarter earnings and revenue above expectations. The toy maker also raised full year 2026 adjusted EBITDA guidance. Growth
Coinbase Global (COIN) climbed 12%, while Robinhood (HOOD) gained 9%. The move followed Bitcoin reaching its highest level since 16 June. TeraWulf (WULF), the Bitcoin
Equifax (EFX) shares fell 7% after disappointing third quarter guidance. The credit bureau expects EPS between $2.15 and $2.25 on revenue between $1.68bn and $1.71bn.
Hut 8 (HUT), the digital and energy infrastructure company, jumped 11% after signing a 15 year lease worth $9.8bn to fully commercialise its 1 gigawatt
Archer Aviation (ACHR) surged 17% after unveiling an autonomous vertical take off and landing aircraft developed with Anduril. The aircraft targets both defence and commercial
Imax (IMAX) rose, while AMC Entertainment (AMC) surged 20% after a strong opening weekend for The Odyssey and encouraging cinema attendance trends. The film generated
Iren (IREN), the data centre operator, jumped 17% after raising its AI Cloud annualised revenue run rate target to more than $4bn from $3.7bn. The
Advanced Micro Devices (AMD) shares rose nearly 4% after Microsoft (MSFT) confirmed it will offer AMD’s Helios based AI systems on Azure. Microsoft shares gained
Alcoa (AA) shares fell despite reporting stronger than expected second quarter results. EPS came in at $2.12, ahead of expectations of $2.06. Revenue increased to
BP (BP) and ConocoPhillips (COP) shares gained after reports that both companies will announce major investments in Iraq. The planned commitments are expected to total
Intuitive Surgical (ISRG) shares dropped 12% despite beating second quarter expectations. EPS increased to $2.80, ahead of consensus of $2.50. Revenue rose to $2.89bn, also
Alphabet (GOOGL) shares fell 2.2% for a second consecutive session following reports that its latest Gemini artificial intelligence model is behind schedule. The report raised
Travelers (TRV) shares jumped 8% after strong second quarter results. EPS surged to $10.04, well above expectations of $5.42. Revenue increased to $11.53bn, also ahead
GE Aerospace (GE) reported adjusted EPS of $2.02, ahead of expectations for $1.86. Revenue increased to $12.63bn, exceeding forecasts of $11.86bn. The company also raised
UnitedHealth (UNH) rose 4% after it reported adjusted EPS of $6.38, comfortably ahead of expectations for $4.90. Revenue increased to $112.03bn, exceeding forecasts of $110.85bn.
Taiwan Semiconductor Manufacturing (TSM) fell 2.3% after it reported second quarter results ahead of expectations, but shares fell after the company lifted capital expenditure guidance.
Netflix (NFLX) fell over 8% after it reported EPS of $0.80, slightly ahead of expectations for $0.79. Revenue increased 13% to $12.56bn, marginally below expectations
Bank of New York Mellon (BK) shares rose after reporting second quarter earnings and revenue above expectations. The bank also forecast double digit revenue growth
Morgan Stanley (MS) reported EPS of $3.46, comfortably ahead of expectations for $2.94. Record quarterly revenue and profits supported the results, and shares gained modestly.
BlackRock (BLK) shares climbed 7% after reporting EPS of $13.91, ahead of expectations for $12.59. Revenue also exceeded forecasts, reflecting continued strength across the asset
PayPal (PYPL) surged 17% after reports that Stripe and Advent International offered $60.50 per share in cash, valuing the company at $53.40bn. The reported offer
Apple (AAPL) shares gained 4% after Apple Intelligence received regulatory approval in China. The approval allows the service to launch on iPhones in China, although
HCA Healthcare shares fell more than 7% after the hospital operator lowered full year guidance. The company now expects EPS between $28.70 and $30.50, down
Apple shares slipped after KeyBanc downgraded the stock to underweight with a $250 price target. The broker expects softer consumer spending as higher prices weigh
IBM shares plunged 25% after issuing preliminary Q2 earnings below expectations. The company expects adjusted EPS of $2.93, compared with consensus estimates of $3.01.
ASML (ASML) raised its full year sales guidance to between €43bn and €45bn, from between €36bn and €40bn. The company also increased expected gross margin
Wells Fargo (WFC) reported EPS up to $1.60, ahead of expectations of $1.58. Revenue declined to $21.45bn, missing consensus of $21.80bn, while net interest income
Citigroup (C) reported EPS up 34.6% to $3.15, ahead of expectations of $2.74. Revenue increased to $24.77bn, exceeding consensus of $23.74bn, supported by resilient business
Bank of America (BAC) reported EPS up 7.1% to $1.21, ahead of expectations of $1.13. Revenue increased to $31.70bn, exceeding consensus of $30.72bn, supported by
Goldman Sachs (GS) reported EPS up 78.8% to $20.98, ahead of expectations of $14.48. Revenue increased to $20.34bn, exceeding consensus of $16.13bn, supported by stronger
JPMorgan Chase (JPM) reported adjusted EPS up 19% to $6.14, ahead of expectations of $5.85. Adjusted revenue increased to $52.42bn, exceeding consensus of $50.19bn, excluding
Alphamin guided Q2 EBITDA up 6% to a record $167.28m. Tin production was in line with the prior quarter at 5,013 tonnes, while the average
Braiin (BRAI) shares surged 62% after launching Aria, an AI agent for the real estate industry. Management said the product creates a scalable recurring software
Shopify (SHOP) and Deckers Outdoor (DECK) shares rose after Jefferies upgraded both stocks to buy. The broker cited Shopify’s long term ecommerce opportunity and continued
Nio (NIO) shares gained after Goldman Sachs upgraded the stock to buy. The bank expects stronger vehicle volumes, improving margins and a return to profitability
Shopify (SHOP) shares rose after Stifel Financial upgraded the stock to buy. The broker expects Shopify to continue gaining market share in ecommerce.
Netflix (NFLX) shares fell after reports it is considering live television channels and bundled streaming services. The discussions come as subscriber engagement shows signs of
SK Hynix shares surged 17% after its Nasdaq debut. The American depositary receipts opened at $170 after pricing at $149, raising $26.50bn. The capital will
Meta Platforms (META) shares jumped 6%, extending their weekly gain above 14%. Reuters reported the company plans to begin AI chip production in September. Investors
Vertex Pharmaceuticals (VRTX) agreed to acquire Crinetics Pharmaceuticals (CRNX) for $10bn to expand its rare hormone disease portfolio. Crinetics shares roughly doubled, while Vertex shares
Rivian Automotive (RIVN) shares fell -14% after announcing a 75 million share capital raise. The company also issued revenue and vehicle delivery guidance ahead of
Caterpillar (CAT) shares fell -6% after agreeing to acquire privately held drone technology company Skycatch. Financial terms of the acquisition were not disclosed.
Adobe (ADBE) shares rose more than 5% despite Bank of America reinstating coverage with an underperform rating. The broker said Adobe remains fundamentally challenged as
IREN (IREN) shares surged 14% after reports it could supply at least 1.4 gigawatts of Australian data centre capacity to Anthropic. The potential agreement would
ASML Holding (ASML) shares rose after Bernstein increased its price target to $2,300. The broker expects artificial intelligence driven investment to support unprecedented expansion in
Micron Technology (MU) shares rose after announcing a long term supply agreement with Ford Motor (F). Micron will provide memory and storage platforms for Ford’s
O’Reilly Automotive (ORLY) shares fell more than -7% after reports it made a cash bid for Genuine Parts (GPC) auto parts business. Analysts believe the
International Business Machines (IBM) shares gained after Bank of America raised its price target to $330 from $315. The broker expects IBM to modestly increase
SAP rose more than 7% after announcing the second phase of its €10bn share buyback programme. The repurchase forms part of the €10bn buyback announced
American Express fell 5% after second quarter revenue of $19.64bn missed expectations of $19.71bn. EPS exceeded forecasts, but investors focused on the weaker revenue performance.
ServiceNow (NOW) shares gained more than 6%, while Salesforce (CRM) rose 5% after Guggenheim upgraded both stocks to buy. The broker believes artificial intelligence will
Alcoa (AA) shares declined 9% after agreeing to acquire selected aluminium assets from South32 (S32). The transaction, valued at up to $5.6bn including assumed liabilities
Nike (NKE) shares rose despite reporting a 12% decline in China sales. Fiscal fourth quarter results exceeded expectations, helping the stock recover from earlier losses.
General Mills (GIS) shares jumped more than 6% after quarterly results beat expectations. Adjusted EPS rose above forecasts to 95c on revenue of $4.61bn, also
Watts Water Technologies (WTS) jumped more than 7% after Barclays upgraded the shares to overweight. The broker expects the company to benefit from rising data
Meta Platforms (META) shares surged 11% after reports it plans to launch a cloud business. The company intends selling excess artificial intelligence computing capacity to
Strategy (MSTR) dropped about 7% as Bitcoin fell more than 3% to about $58,430. The decline followed a 22.6% rally in the previous session.
Merck (MRK) and AbbVie (ABBV) declined after reports that a US House committee opened an investigation into clinical trials conducted in China.
AeroVironment (AVAV), the dronemaker, surged 17% after reporting stronger than expected quarterly results. EPS came in at $1.84 versus expectations of $1.46, while revenue increased
Abivax (ABVX) surged 40% after reporting encouraging ulcerative colitis data. More than 37% of patients who initially did not respond achieved clinical remission after about
Rocket Lab (RKLB) gained 5% after NASA selected the aerospace company to provide launch services for two scientific missions. The projects will study the Sun’s
ON Semiconductor (ON) dropped 23% after announcing an all share acquisition of Synaptics worth nearly $7bn. The deal is the company’s largest acquisition and is
Robinhood (HOOD) shares rose after BTIG initiated coverage with a buy rating. The broker said the business was well positioned to deliver long term growth.
Crocs (CROX) rose nearly 7% after Piper Sandler upgraded the footwear company to overweight from neutral. The broker said the shares remained attractively valued at
Moderna (MRNA) surged 11% after outlining a longer term strategy beyond vaccines. The company highlighted its mRNA based oncology and rare disease pipeline, improving confidence
Chevron (CVX) shares increased after announcing a 20 year agreement to supply natural gas power to a Microsoft data centre in Texas. The facility is
Micron Technology (MU) rose nearly 6% after receiving price target increases from Bernstein and Needham. Positive sentiment also lifted memory peers, with Sandisk gaining almost
Getty Images (GETY) shares soared 115% after announcing a content partnership with OpenAI. The agreement will make Getty Images content available across OpenAI Search and
Salesforce (CRM) shares declined more than 2% and are now down almost 44% in 2026. Ongoing concerns that AI could disrupt traditional software business models
Super Micro Computer (SMCI) shares jumped 14% after unveiling new AI focused data centre solutions based on Nvidia’s Vera Rubin NVL4 platform. The launch is
Alphabet (GOOGL) shares fell almost 6% after two senior artificial intelligence researchers left for rivals. Investors appear concerned about potential talent losses at Google DeepMind
Smith & Wesson (SWBI) surged 20% after reporting earnings and revenue ahead of expectations. Handgun sales to sporting goods retailers increased 23%, with handguns accounting
Pfizer (PFE) fell 3% after announcing that CFO Dave Denton will step down in August. Cecile Guegan was named interim finance chief.
Kroger (KR) fell 6% after reporting adjusted EPS of $1.58, slightly below expectations of $1.59. Revenue of $46.12bn exceeded forecasts of $45.59bn.
Enphase Energy (ENPH) surged 10% after commencing production shipments of its IQ9S microinverters. Barclays also upgraded the stock to Equal Weight from Underweight.
Yum Brands said it’s selling its Pizza Hut business to private equity firm LongRange Capital and Yum China for $2.7 billion. Yum shares were up
Huntsman, the chemicals manufacturer fell around 17% after it agreed to merge with rival Olin in an all-stock deal. After the merger, the new company
E.l.f. Beauty the cosmetics company jumped more than 5%. The company launched its e.l.f. Hair line of products and will begin offering the new products
Mobileye, The developer of driver-assist technologies announced it will establish an autonomous ride-hailing business. Mobileye expects to launch this new initiative in a US city
In-depth analysis of local companies
AVI expects headline EPS for the year ended 30 June 2026 to increase by 4.0% to 6.0% to 758.3c to 772.9c, while EPS is expected
ArcelorMittal reported HEPS down 46.8% to a loss of 132c for the first half, in line with its trading statement of a 132c to 137c
Hammerson announced a retail offer of new shares in the United Kingdom alongside its institutional equity raise. The proceeds will help fund its £218m acquisition
Mondi reported headline EPS down -85% to 5.4 euro cents for the first half, below estimates. Revenue increased 2% to €3.98bn, while underlying EBITDA fell
Tobacco reported adjusted diluted EPS up 7.9% to 164p for the first half, ahead of the 162p Bloomberg consensus, while revenue increased 1.4% to £12.24bn,
Woolworths expects HEPS up between 2.5% and 7.5%, to between 274.8c and 288.2c for the 52 weeks. Group turnover and concession sales increased 4.3%, with
Anheuser reported a solid beat versus Bloomberg consensus, with underlying EPS of $1.21 (vs. $1.11 expected) and revenue of $16.66 bn (vs. $16.40 bn expected).
Shaftesbury reported HEPS up 43.8% to 2.3p for the first half. Underlying earnings increased 8% to 2.4p, while property values rose 3.4% to £5.62bn, supported
ArcelorMittal SA expects HEPS down between 45% and 51%, to a loss between 132c and 137c for the six months. The weaker result reflects a
Valterra reported HEPS up 1,634% to R82.02 for the first half. Revenue increased 93% to R81.8bn, driven by higher platinum group metal prices, a 4%
Glencore reported copper production up 15% to 397kt for the first half, while zinc production fell -21% to 365.6kt and nickel production declined -2% to
Harmony secured new multi currency syndicated loan facilities totalling $500m, A$500m and R7bn. The refinancing reduces funding costs, extends debt maturities and strengthens liquidity, while
Merafe expects HEPS up between 55% and 75%, to between 19.5c and 22c for the six months ended 30 June 2026. Higher commodity prices and
Mpact expects HEPS from continuing operations down between 47.2% and 56.8%, to between 45c and 55c for the six months ended 30 June 2026. Lower
Vodacom reported revenue up 5.9% to R42.4bn for the quarter, with service revenue up 6.3% to R34.29bn. Revenue growth reflected strong performances from Egypt and
Delta agreed to sell Hatfield Forum East for R35m in cash. The disposal forms part of its strategy to exit non core assets and reduce
Reinet reported that the Fund NAV per share increased 0.8% to €38.87 at 30 June 2026. Total NAV rose €55m to €6.66bn during the quarter.
Kumba expects HEPS down between 39% and 43%, to between 1,268c and 1,361c. Production fell 3% and sales volumes declined 1%, as heavy rainfall and
Sasol said FY26 financial metrics are expected to meet or exceed guidance across most measures. Secunda delivered its highest annual production in five years, while
Aspen announced that Health Canada approved Aspen Semaglutide, its generic injectable semaglutide, for adults with type 2 diabetes. Commercial launch timing remains dependent on semaglutide
South32 reported a strong June quarter, with FY26 production exceeding guidance across most operations. Sierra Gorda production exceeded guidance by 2% to 87.1kt copper equivalent,
Ninety One reported assets under management (AUM) increased 31.7% year-on-year to £184bn at 30 June 2026. The increase reflects positive market movements and net flows
Valterra expects HEPS up between 1,389% and 1,688%, to between 7,047c and 8,456c for the six months to 30 June 2026. Headline earnings are expected
Coronation Fund Managers reported assets under management of R778bn as at 30 June 2026, up 4.3% from R746bn at 31 March 2026. Click here to
Karooooo reported adjusted EPS up 11% to R9.53 for the first quarter of FY27. Subscription revenue increased 19% to R1.35bn, driven by record subscriber additions
Prosus sell its remaining 16.8% stake in Delivery Hero to Uber, subject to the completion of Uber’s offer. Uber is offering €41.50 per share, representing
Supermarket Income REIT, the UK grocery property landlord, announced the acquisition of three supermarkets for £118m. The portfolio was acquired at an average net initial
Richemont reported first quarter sales up 17% to €6.33bn, ahead of expectations, with constant currency growth of 20%. Jewellery Maisons led performance with sales up
Tharisa reported third quarter production broadly in line with FY2026 guidance. PGM production increased 15.5% to 39.6 koz, while chrome production declined 2.5% to 393.8
Brait announced a fully underwritten renounceable rights offer to raise R2.50bn through the issue of 1.66bn new shares at R1.51 each. The proceeds will fund
Italtile announced that Ceramic Industries CEO Lance Foxcroft will retire at the end of November 2026. Group CEO Brandon Wood will oversee Ceramic following his
Purple announced the acquisition of Telescope AI for up to $10.75m. Telescope AI provides AI powered investment research, technical analysis and compliance software to global
Northam reported total 4E metal produced from own operations up 4.4% to 938,754oz, exceeding guidance. Growth was driven by stronger production at Eland, steady gains
Visual announced that Serowe Industries has terminated its nonbinding offer to acquire up to 34.9% of the company’s issued shares. No binding agreements were signed
Accelerate posted a correction suggestion it expects distributable earnings between 2.0c and 2.3c per share, compared with a distributable loss of 4.0c per share in
Hyprop raised about R739m through an accelerated bookbuild by issuing 12.63m new shares at R58.50 each. The offer was oversubscribed and priced at a 1.4%
Karooooo will report first quarter 2027 results for the period ended 31 May 2026 on 15 July 2026. Management will host an investor webcast on
Hyprop plans to raise about R500m through an accelerated bookbuild, subject to acceptable pricing. The proceeds will fund acquisitions in Eastern Europe, development projects, and
MAS said bidder PKMI will not acquire any shares under its buyback offer despite receiving offers for more than twice the intended 30 m shares.
Brown Forman shares increased after the spirits producer rejected another unsolicited $15bn takeover approach from Sazerac. Management said the $32 per share proposal did not
Kumba reported HEPS down 41% to 1,324c for the six months ended 30 June 2026, below Bloomberg estimates of 1,443c. Revenue declined -11% to R30.88bn
Boxer reported turnover up 7.2% for the 20 weeks ended 19 July 2026, with like for like sales up 2.2%. Growth slowed from the second
Aspen announced that the Public Investment Corporation increased its shareholding to 20.1% of the company’s issued ordinary shares. Click here to read the SENS
Hudaco reported HEPS down 32.9% to 629c, in line with the midpoint of its trading statement guidance, reflecting losses from discontinued operations. Earnings were affected
Sibanye Stillwater appointed Emma Chapman as Senior Vice President of Investor Relations, effective 1 September 2026. She joins from Teck Resources, having previously led investor
South32 agreed to sell its aluminium value chain assets to Alcoa for an implied enterprise value of up to $5.6bn. The consideration includes $3.1bn in
Fortress successfully placed 55.7m new B shares, representing about 4.5% of its issued B shares, at R24.25 per share. Institutional demand supported the capital raise,
Harmony confirmed gold production will be within guidance at between 1.4m and 1.5m ounces for FY26, marking the eleventh consecutive year of meeting production targets.
Labat agreed to acquire the remaining 24.45% of Classic International for R27m, giving it full ownership of the ICT infrastructure business. The consideration will be
Thungela expects South African export saleable production of about 6.3Mt and Ensham production of about 2.0Mt for the first half of 2026, with full year
Hudaco expects HEPS down between 34% and 32%, to between 624c and 635c for the six months to 31 May 2026. The decline reflects the
Vodacom completed its acquisition of an additional effective 20% stake in Safaricom. The transaction includes a 15% interest acquired from the Government of Kenya and
Sun International expects revenue growth of about 6% for the six months to 30 June 2026, in line with previous guidance. The group also repurchased
Absa expects headline earnings growth in the mid to high single digits for the six months to 30 June 2026. Revenue is expected to grow
Goldrush Holdings reported HEPS down 61.6% to 54.5c for the year ended 31 March 2026. Revenue was broadly unchanged at R1.90bn, while the group recorded
Argent Industrial reported HEPS up 9.1% to 538.2c for the year ended 31 March 2026. Revenue increased 7.7% to R2.84bn, supported by higher operating profit
Bell expects HEPS down at least 50% to no more than 124c for the six months to 30 June 2026, from 248c a year earlier.
PPC appointed Veliswa Rozani as Chief Financial Officer, effective 1 October 2026, following Brenda Berlin’s retirement. Rozani joins from NMI Durban South Motors and previously
Pan African announced that shareholders of Emmerson Resources approved its acquisition, with the Supreme Court of Western Australia subsequently approving the scheme. The transaction is
Gold Fields confirmed discussions with the Ghanaian government regarding the renewal of the Tarkwa mining leases remain ongoing. The leases are due for renewal in
Standard Bank reported earnings growth for the five months to May 2026 moderated from the 12% recorded in the first quarter, but remained supported by
Reinet announced the restart of its share buyback programme after a previously considered investment opportunity was deferred. The company plans to repurchase up to €500m
Naspers expects core HEPS for continuing operations up between 20.8% and 27.8%, to between 442 US cents and 468 US cents. Revenue exceeded $7.30bn and
Prosus expects core headline earnings per share for continuing operations up between 19% and 28%, to between 364 US cents and 392 US cents. Revenue
Sephaku expects FY2026 basic EPS of 39.5 to 42 cents, representing growth of 25% to 33%, while headline EPS is expected to be 37.0 to
Libstar reported revenue growth of only 0.9% for the 21 weeks to 31 May 2026, with volumes up 0.3%. Excluding the troubled Dickon Hall Foods
EnX announced the sale of its New Way Power business and related property assets for an initial R220m, with potential proceeds increasing to a maximum
BHP announced a 41% increase in the cost of Jansen Stage 2 potash, with capital expenditure rising from $4.9bn to $6.9bn and first production delayed
Powerfleet (PWR) reported a loss per share of 15c for FY26, improving from a loss of 43c previously. Revenue increased 22.0% to $443.8m, while adjusted
Premier reported HEPS up 27.7% to 1,204c for FY26. Revenue increased 6.6% to R21.2bn, ahead of EBITDA growth of 18.2% to R2.8bn and operating profit
Vukile reported HEPS up 13.2% to 179.54c for FY26, while FFO per share increased 9.3% to 173.6c, in line with guidance of at least 9%.
SSS reported HEPS up 16.0% to 117.11c for FY26. Property revenue increased 5.4% to R1.39bn, while distributable income per share rose 5.1% to 129.29c. SA
Clientèle confirmed a final offer of 1,990c per share as part of its proposed delisting and share repurchase. The offer consideration remains unchanged from the
Pan announced a further step toward its proposed acquisition of Emmerson Resources, receiving conditional approval for an ASX listing under the ticker PAF. The approval
Novus expects HEPS down between 0% and -8%, to between 81.26c and 88.32c for FY26. The weaker outcome reflects an impairment of a related party
Alexforbes reported normalised HEPS flat at 69c, while reported HEPS from total operations fell -5% to 67c. Operating income increased 10% to R4.85bn, driven by
Mr Price reported HEPS up 2.1% to 1,453.9c for FY2026, while normalised diluted HEPS increased 8.0%. Revenue rose 4.2% to R42.7bn and retail sales increased
The Foschini Group reported HEPS down 33.5% to 675.4c for FY2026. Revenue increased 7.2% to the year, while group sales grew 7.1%, with TFG Africa
Jubilee reported that its Roan operations have resumed at full capacity following its annual maintenance shutdown, targeting run of mine throughput of 30,000 tonnes per
Fairvest reported HEPS up 5.3% to 76.77c per A share and up 14.4% to 28.85c per B share for H1 FY26. Revenue increased 15.1% to
Ninety One reported adjusted EPS up 12% to 17.4p for FY26, while headline EPS increased 2% to 17.5p. Assets under management rose 31% to £171.8bn,
Shake Shack (SHAK), the burger restaurant chain, dropped 10% after cutting its full year earnings outlook and second quarter revenue guidance. Management pointed to macroeconomic
Trematon announced shareholder approval for the disposal of Club Mykonos Langebaan. Click here to read the SENS
Invicta Holdings expects FY26 HEPS up between 0% and 2%, to between 535c and 545c. The modest growth reflects acquisition costs, amortisation and headline losses
Telkom reported HEPS up 21.5% to 708.5c for FY26, ahead of FY25 adjusted HEPS of 583.2c. Revenue increased 1.4% to R44.48bn, driven by growth in
Pan reported gold production up 40.0% to 275,000oz for FY26, in line with the lower end of guidance of between 275,000oz and 292,000oz. The group
Sirius reported Funds From Operations (FFO) per share up 4.5% to 8.82c for FY26. Annualised rent roll increased 6.4% to €224.2m, driven by organic rental
Insimbi reported headline loss per share improving 46% to a loss of 3.52c for FY26. Revenue increased 6% to R5.27bn. Operating profit rose 86% to
Trematon issued a correction to its interim results after the headline loss per share was mistakenly disclosed in rand rather than cents. Headline loss per
Nampak reported normalised HEPS up 8% to 4,131.6c for H1 FY26. Revenue fell 1% to R5.6bn as weakness in Diversified offset growth in Beverage SA
Aspen confirmed the completion of the Aspen APAC disposal for AUD2.37bn. Net proceeds are estimated at approximately R27bn, above the roughly R25bn indicated previously due
Spar expects HEPS from continuing operations down between 50% and 60%, to between 174c and 217c. Group wholesale revenue from continuing operations increased 2.1%, with
Tiger reported HEPS from continuing operations up 0.6% to 980c for H1 FY26, while adjusted continuing HEPS increased 24.1% after excluding prior period Carozzi earnings.
Jubilee secured a $1.5m unsecured convertible loan note to accelerate development at its Molefe copper project in Zambia. The investor previously participated in the development
Copper 360 updated its trading statement and expects headline loss per share to improve between 45% and 40%, to between -18.49c and -20.44c for FY26.
Sirius announced the acquisition of a German business park in Fulda for €49.8m. The fully let asset generates annual rental income of €3.93m with a
Life reported HEPS from continuing operations up 2.6% to 51.9c for H1 FY26. Revenue increased 2.4% to R12.4bn, supported by solid operational performance despite disruption
Adcorp reported HEPS up 13% to 153.0c for FY26. Revenue declined -5.9% to R12.46bn as subdued economic conditions and cautious client demand weighed on activity
Reinet’s NAV per share decreased to €36.31 from €38.04 while the NAV declined 4.5% to €6.6 billion. The company sold its entire stake in Pension
Sygnia expects HEPS for the six months ended 31 March 2026 is expected to increase by between 20% and 25% to between 135.8 cents and