The ASX saw 14 actual earnings results and 7 guidance updates this week, headlined by strong performances from major banks and investment houses. NAB delivered underlying profit growth despite one-off charges, while MQG posted a 30% jump in net profit to $4.85 billion. Results were generally positive, with guidance upgrades from several smaller companies including SEG and BOL.
Earnings Results
National Australia Bank (NAB)
NAB reported H1 2026 cash earnings of $3.59 billion, up 2.3% when excluding large notable items, despite statutory profit falling 19.3% to $2.75 billion due to a $1.35 billion software amortisation charge. Revenue grew 8.7% to $11.16 billion, with the bank declaring an interim dividend of 85 cents per share. The result comes amid reports that NAB has appointed a new Group Chief Risk Officer. NAB shares closed the week at $38.42, down 3.6%.
Macquarie Group (MQG)
Macquarie delivered FY2026 net profit of $4.85 billion, up 30.5% year-on-year, marking the third consecutive year of earnings growth. Revenue rose 13.2% to $19.48 billion, with all four business divisions posting growth. The investment bank declared a total dividend of $7.00 per share and achieved a return on equity of 14%. This follows news that Macquarie's profit is set to soar past $5 billion after a bumper year. MQG shares were little changed for the week at $238.77, up 0.2%.
Block, Inc. (XYZ)
Block delivered strong Q1 2026 results with revenue of $6.06 billion and net profit of $513 million, though EPS was negative at -$0.52. The fintech company is aggressively deploying AI across operations, with code changes per engineer up 2.5 times since January. Management raised full-year guidance substantially. Block shares gained 5.9% for the week to $103.78.
News Corp (NWS)
News Corporation reported Q3 FY2026 revenue growth of 9% to $2.19 billion and net income up 13% to $121 million. Total Segment EBITDA surged 18% to $343 million, with Digital Real Estate Services and Dow Jones leading growth. EPS was 16 cents per share. The result comes amid reports that News Corp's CEO predicts record 2026 profits. NWS shares rose 1.5% for the week to $43.34.
Orica (ORI)
Orica delivered solid H1 FY2026 results with revenue of $3.88 billion, down 1% year-on-year, but underlying NPAT grew 8% to $283.1 million. EPS reached 60.7 cents (excluding individually significant items) with an interim dividend of 28.5 cents declared. Return on Net Assets improved to 14.7%, the highest in 13 years. This follows news that Orica is backing expansion in Trump's US despite explosion setbacks. ORI shares gained 2.4% for the week to $21.69.
Light & Wonder Inc. (LNW)
Light & Wonder reported Q1 2026 revenue of $790 million, up 2.1%, but net income declined 36.6% to $52 million due to higher interest costs. Adjusted EBITDA grew 5.2% to $327 million. Gaming operations revenue surged 38% with strong North American performance. EPS was 66 cents per share. The result comes amid reports questioning whether the Q1 earnings miss is reshaping the investment case. LNW shares rose 1.0% for the week to $115.82.
Schoolblazer Limited (SBZ)
Schoolblazer achieved revenue of $55.4 million in H1 FY26, down 4% versus the prior corresponding period, with wholesale weakness offset by retail growth. The company added 28 contracted retail schools globally and secured major refinancing at lower rates. SBZ shares were flat at 20 cents.
Yowie Group Ltd (YOW)
Yowie Group reported a challenging FY2025 result with revenue declining 18.2% to US$12.0 million and net losses expanding to US$7.9 million from US$2.6 million. Net tangible assets per share turned negative to -0.33 US cents. This follows news that Geoff Wilson won the fight for control of Yowie. YOW shares were at 1.4 cents.
Trading Updates & Guidance
Endeavour Group (EDV)
Endeavour reported H2 F26 sales growth of 0.7% for Retail and 3.7% for Hotels, while flagging $6-8 million in additional costs from Middle East conflict impacts. The company announced a $100 million cost reduction program for F27. This follows news that the cost cuts and inventory build-out may reshape the risk profile. EDV shares fell 5.1% for the week to $3.25.
Sports Entertainment Group Limited (SEG)
SEG upgraded its FY26 Underlying EBITDA guidance to $15.5-16.5 million, representing 50-60% growth year-on-year, up from previous guidance of at least 40% growth. The improvement reflects sustained revenue growth across Media, TV production, and Events segments. SEG shares were at 29.5 cents.
Vista Group International Limited (VGL)
Vista Group confirmed its 2026 revenue guidance ($176-182 million) and EBITDA margin guidance (18-20%) remain on track, supported by strong client delivery projects and favorable domestic box office performance. VGL shares surged 20.5% for the week to $1.76.
Boom Logistics Limited (BOL)
Boom Logistics upgraded its FY26 guidance with statutory EPS now expected at 29 cents (31% growth) and underlying EPS at 32 cents (47% growth). The company secured approximately $7 million in new contracts and increased planned shareholder returns to $7 million. BOL shares gained 0.6% for the week to $1.80.
Weekly Price Movers
Notable Shareholder Movements
Dimensional Entities emerged as a substantial holder in multiple companies this week, taking 20% stakes in both Ive Group Limited and Austal Limited. State Street Corporation also increased its presence, becoming a substantial holder in Elsight Limited (5.36%) and WH Soul Pattinson (5.12%). UBS Group AG took a 5.01% stake in Vault Minerals Limited.
The strong performance of major financials NAB and Macquarie, combined with several guidance upgrades from smaller companies, suggests underlying corporate health remains solid despite mixed market conditions. With more earnings results expected in coming weeks, investors will be watching for continued momentum in the banking sector and whether smaller companies can deliver on their upgraded guidance.