Business
This is the only ASX sector tipped to report earnings growth this reporting season – Motley Fool Australia
The August profit reporting season is described by some as the worst ever for the ASX, but this may not be true for at least one sector.
The August profit reporting season is described by some as the worst ever for the ASX, but this may not be true for at least one sector.
This sector is the only one that UBS is predicting can deliver earnings per share (EPS) growth for FY20.
If you guess mining, you’d be wrong. While Rio Tinto Limited(ASX: RIO) posted a decent result last week, its interim EPS fell 3%!
The only ASX sector growing profits
The mining-beating sector is discretionary retail even though this sounds counter intuit…
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