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Reporting Season - 8 August
Companies discussed: QBE Insurance (QBE), Block Inc (NYSE: XYZ) & Nick Scali (NCK)
Stocks discussed:
- QBE Insurance (ASX: QBE): 1H profit tops estimates on stronger income from written policies and limited claims with a 29% boost to the interim dividend of 31c/share, franked at 25%
- Block Inc (NYSE: XYZ): Q2 gross profit +14%, ups FY25 gross profit forecasts and sees consumers cutting back on discretionary expenses amid macroeconomic uncertainty
- Nick Scali (ASX: NCK): FY UNPAT tops forecasts, with higher sales revenue expected in Q1FY26, final dividend of 33c/share