Major Earnings and Results Reports Coming This Week

The coming week is expected to have some significant news announcements. Monday will see full-year results from Beximco Pharmaceuticals, as well as interim results from Grafenia, and there will be reports due from Morgan Advanced Materials as well. The later is expected to report reduced earnings in its trading update.

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shareprices.com - Sunday, November 05, 2017

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In terms of economics, there are several financial reports due from the US, as well as PPI, investor confidence and retail sales reports from the EU.

Tuesday will see Lloyds of London insurer Hiscox giving a report on the impact of the hurricane season in the USA on its earnings. The FTSE 250 listed insurer said that the two hurricanes that hit the US And Caribbean over the summer will cost around £191 million, and that insurance prices in the areas affected by the hurricanes will increase.

Also due on Tuesday are full year results from ABF, Imperial Brands and Up Global Sourcing Holdings, as well as trading updates from Direct Line, Tyman, G4S and Convatec group. The trading updates will continue as the week goes on, with Marks and Spencer giving its interim results on Wednesday. The retailer has been a mainstay of the British high street for a long time and there has been some speculation that it may be looking to merge with fellow fashion brand Next, to stave off falling sales. Speculation of the merger has so far failed to excite investors that are interested in either brand.

 

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