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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

Earnings season 2024: calendar and insights

Start taking advantage of price movements caused by earnings seasons. Go long or short on a huge range of shares with us, including 90 key shares that you can trade for extended hours.

Start trading today. For account opening enquiries call 1800 601 799 between 9am and 6pm (AEDT) weekdays, or email newaccounts.au@ig.com.

Contact us: 1800 601 799

Start trading today. For account opening enquiries call 1800 601 799 between 9am and 6pm (AEDT) weekdays, or email newaccounts.au@ig.com.

Contact us: 1800 601 799

Tips for trading reporting season

Research the markets and review analyst estimates on given shares

Monitor your position and set price-change alerts to notify you of any major market movements

Seize opportunities whenever they occur with our extended hours

Develop a risk management strategy to help minimise your losses

Most anticipated earnings

  • Latest
  • Earnings
  • Apple
  • Northern Star

Earnings

Apple

Northern Star

What to watch this earnings season

For Q1 2024, S&P 500 companies are expected to report earnings growth of 3.4% year-over-year and revenue growth of 3.6%, marking the third straight quarter of earnings growth, though analysts have lowered earnings estimates by 2.6% since December. However, 70% of companies issuing Q1 guidance provided negative outlooks, above historical averages, despite analysts forecasting double-digit earnings growth for the full year.

Earnings season report calendar: key events

Take a look at some of the most anticipated Australian, US and global earnings announcements in the table below. You can also keep track of upcoming earnings by using the watchlist on our trading platform.

  • May
  • June

Most anticipated earnings releases – May 2024

Make the most of earnings announcements with our extended hours ‘All Sessions’ offering,
which enables you to access 90 of the most popular equities before and after the main market session.

Please note: the list of above companies shouldn’t be construed as financial advice. In some cases, where announcements haven’t been published by the respective companies, these earnings season dates are estimates only. These dates are also based on the local timezone of each stock, so they may vary depending on where you're located.

See our earnings calendar for more.

You can also keep track of upcoming earnings by using the watchlist on our platform.

Most anticipated earnings releases – June 2024

Make the most of earnings announcements with our extended hours ‘All Sessions’ offering,
which enables you to access 90 of the most popular equities before and after the main market session.

June 2024
12 June Oracle Corp (US)
Broadcom Inc (US)
14 June Adobe Inc (US)
20 June Accenture PLC (US)
24 June Metcash Ltd (AU)
25 June Collins Foods Ltd (AU)
FedEx Corp (US)
28 June NIKE Inc (US)

Please note: the list of above companies shouldn’t be construed as financial advice. In some cases, where announcements haven’t been published by the respective companies, these earnings season dates are estimates only. These dates are also based on the local timezone of each stock, so they may vary depending on where you're located.

See our earnings calendar for more.

You can also keep track of upcoming earnings by using the watchlist on our platform.

  • Inflation-beating shares
  • Tech shares
  • Bank shares
  • Healthcare shares
  • Consumer staple shares

While inflation in Australia has cooled down from its peak of 7.8% in Q4, 2022, it remains elevated and far away from the RBA's targeted range. According to the RBA's recent projections, inflation is unlikely to reach central banks’ 2% - 3% target band until late 2025. Therefore, the Reserve Bank of Australia has emphasized its commitment to lowering inflation to its target range of 2% - 3% by keeping interest rates higher for an extended period.

In this increasingly hawkish economic environment, attention is on stocks that can outperform inflation during the earnings season. These are often referred to as "defensive stocks," companies known for providing consistent dividends and the ability to withstand the impact of inflation.

website terms and conditions. Prices are indicative only. All shares prices are delayed by at least 15 mins.

" >


Prices above are subject to our website terms and conditions. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Whilst tech shares generally don’t perform well during periods of high inflation, the recent hype around AI has bucked this trend and they continue to succeed despite the inflationary environment.
Companies such as NVDIA and AMD who create the chips needed to implement AI have seen a significant increase in their share price since the beginning of the hype.

In the ASX market, these are the names with AI exposure: Appen, Brainchip and Bigtincan.

website terms and conditions. Prices are indicative only. All shares prices are delayed by at least 15 mins.

" >


Prices above are subject to our website terms and conditions. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Over the past year, bank shares have been somewhat turbulent, but following the Federal Reserve's recent indication that interests are likely to drop in the first half of 2024, they've rallied, reaching their highest level since the banking crisis early last year.

That said, inflation and interest rates remain high, and some smaller, less established banks may struggle, as customers look to invest their money into the larger banks which they perceive to be more stable, lower risk options. But in this increasingly dovish environment, this remains to be seen.

In the ASX market, four big banks—Commonwealth Bank, ANZ, Westpac, and NAB are the most well-known bank shares.

With bank shares making up a sizeable portion of Australia’s sharemarket, the country’s big four banks – CBA, WBC, ANZ and NAB – tend to be some of the most heavily scrutinised shares every earnings season.

website terms and conditions. Prices are indicative only. All shares prices are delayed by at least 15 mins.

" >


Prices above are subject to our website terms and conditions. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Due to an ageing population, it’s anticipated that healthcare stocks will grow in the next year or so.

New developments in possible treatments for illnesses such as Alzheimer's, diabetes and cancer are predicted to positively impact the market.

In fact, analysts from BlackRock expect a new treatment for diabetes which has since been found to also help with obesity, could increase the revenue of the prescription drug market by $100 billion.

The ASX healthcare sector encompasses a broad range of businesses, ranging from biotech firms like CSL Limited, which is the third largest ASX-listed company by market capitalization, to pharmaceutical companies, healthcare facility owners and operators, as well as medical device designers and manufacturers.

website terms and conditions. Prices are indicative only. All shares prices are delayed by at least 15 mins.

" >


Prices above are subject to our website terms and conditions. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Due to the consistent demand consumer staple stocks are generally able to perform well during periods of high inflation. These include sectors such as retail, food and beverage, tobacco and personal products.

PepsiCo, Estee Lauder and Unilever are just a few of the consumer staple stocks performing particularly well at the moment.

Top consumer staples stocks on the ASX include big supermarket chains like Woolworth and Coles, and food and beverage producers like Bega Cheese and A2 Milk.

website terms and conditions. Prices are indicative only. All shares prices are delayed by at least 15 mins.

" >


Prices above are subject to our website terms and conditions. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Take advantages of earnings season with extended hours trading

Trading pre- and post-market enables you to take a position on key US shares outside normal trading hours.

Most AU traders can only trade the US stock markets from 01:30am to 8am AEDT, but with our extended hours you can trade for much longer.*

  • CFDs on All Session US shares
    8pm to 12pm Monday to Thursday, and 8pm Friday to 9am Saturday AEDT*
  • Share trading on All Session US shares
    11pm to 9:30am Monday to Thursday, and 11pm Friday to 9am Saturday AEDT*

You'll find our extended trading hours markets labelled ‘All Session’, to distinguish them from the shares which can only be traded in normal US market hours.

*Our extended trading hours are based on UK hours, and are converted to AU time zones. This means that the times listed are affected by both UK and AU clock changes in the year, and will be adjusted by +/- 1 hour accordingly.

After hours trading times in above diagram stated in AEDT*

Why would I want to trade with extended hours?

Trading on All Session equities enables you to take advantage of any opportunities that happen outside the main trading window – like volatility around US company earnings and news announcements.

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

What is an earnings (reporting) season?

An earnings season is a period in which most public companies release their earnings reports.

Quarterly reports are mandatory in the US but not in Australia, where companies report on a semi-annual basis instead. However, many larger Australian companies also provide updates in the quarters in which they don’t report official earnings, to satisfy investor demand for greater information and guidance.

  • When is earnings season
  • Why are earnings seasons important
  • Ways to trade earning seasons
  • What is an earnings report and call
  • How to trade earnings reports

Earnings seasons occur four times a year and fall in the months of January to February, April to May, July and September to November. These are usually a couple of weeks after the final month of each financial quarter (end of December, March, June and August).

Although it’s not uncommon for companies to report outside of earnings seasons, large companies’ releases tend to fall within a few weeks of each other, leading to four discernible ‘seasons’ every year.

For more specific details, you can look at our earnings calendar to find out the exact date of a company’s earnings announcement.

Earnings announcements are released outside of market hours so that the reports reach as many people as possible and don’t interrupt the trading day. While this usually means you can’t take a position immediately, with us you can trade over 90 US shares pre- and post-market hours.

Earnings season gives insights into the outlook of a company and can help you to determine whether to take a position on the share.

This is why earnings releases are usually accompanied by volatility in a company’s share price, because market sentiment is adjusting to the reports. Even more volatility is expected once CEOs have provided more information in earnings calls.

Market analysts will form estimates of whether a company’s earnings will rise or fall, which can change as it gets closer to the official announcement. If the actual numbers are above analysts’ expectations, the market could rise. But if the figures are below expectations, it’s likely that the market will fall.

It’s worth noting that this isn’t always the case. Sometimes, the market can move in the complete opposite direction – rising when the expectations aren’t met, and falling when the earnings exceed expectations.

It’s also important to look at a company’s historical figures for predicted and actual earnings and how the market responded to the reports. This could help you form an educated guess as to how volatility might play out.

When analysts’ expectations of a company’s earnings per share are in line with pre-released earnings guidance for that quarter, there tends to be little volatility. Just remember, the opposite is also true.

Trade via CFDs

Take advantage of both rising and falling markets with these derivative products. CFDs are also leveraged, so you can open a position for less – just remember, leverage comes with increased risk.

Find out more about CFDs.

Invest via our share trading service

When investing, on the other hand, you’ll do so via our share trading platform using our custodial model. This means that as a registered broker we manage, hold and safeguard securities you choose to buy and sell on your behalf. Via our custodial model, you’ll be able to buy and have a stake in actual assets – for example, shares in a ASX 200-tracking ETF or ASX 200-constituent company. You’ll also be entitled to dividends if any are paid, and granted voting rights if applicable.

Plus, deal US shares commission-free, and Australian shares for as little as A$5, when you trade three or more times per month.2

An earnings report is a document given to shareholders and analysts that details items such as net income, earnings per share (EPS) and net sales.

An earnings call is a conference between the management of a company, analysts, investors and the media to discuss the outcome of an earnings report. It is a chance for questions to be asked about the main details of the reports.

Depending on when a company holds its earnings call, you can use the information to inform their decisions. However, not all companies hold earnings calls, and some will not fall within the earnings period.

  1. Choose which companies to focus on
    It’s impossible to cover every company, so just stick to a few of your favourites.
  2. Do your research and look at analysis
    Find out when each company is due to report its earnings, see what analysts expectations are and how the share price normally responds.
  3. Create a trading strategy and stick to it
    Choose your goals, methodology for entering and exiting trades, and how you will manage your risk.
  4. Open a trading account and take your first position
    You can monitor your trade easily on our platform, or set price alerts to let you know when your targets are met.
  5. Learn from each earnings season
    Once you decide to close your trade, it’s important to review your results and perform post-analysis to prepare you for the next earnings season.

Why trade earnings season with us?

Trade from one account

Trade whenever you are, whenever you want, all from the one award winning platform and app1

Keep your finger on the pulse

React to breaking news with custom alerts sent by text, email or push notification

Go long or short on a huge range of global shares

Take advantage of rising and falling prices with CFDs

Stay up to date with expert analysis

Inform your trades with regular insights from our in-house team

Competitive pricing

Trade US shares commission free and pay from just $5 commission, or 0.05%, on all domestic shares if you've traded shares three or more times in the previous month2

Get an interactive education

Learn about financial markets and trading with IG Academy’s online courses

Keep up to date on earnings reports

Set trading alerts

Never miss out on market movements with our free automated trading alerts.

  • Price alerts. Get notified when a market moves by a certain percentage or amount in points
  • Technical indicator alerts. Use popular indicators to signal your ideal market conditions
  • Economic alerts. Just select your chosen event in our economic calendar to receive an alert

Trade earnings season on our web platform and app

Seize your next opportunity with one-click dealing, clear price charts, and in-platform news and analysis.

  • Web-based platform
  • Mobile trading app

Seize your next opportunity with one-click dealing, clear price charts, and in-platform news and analysis.

Take a position wherever you are, and receive trading alerts and signals on the go.

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Trade or invest in over 13,000 international shares

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Take a position on rising and falling financial markets with the Australia’s No.1 CFD provider3

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2 If Australian-listed, there is a standard rate of A$8 or 0.1% (whichever is higher) for 0-2 trades in the previous month. 3+ trades in the previous month = A$5 or 0.05%.
3 Number 1 in Australia by primary relationships, CFDs & FX, Investment Trends November 2023 Leveraged Trading Report.