Business
What to expect from the Westpac (ASX:WBC) half year result
The next couple of weeks will see the big four banks all hand in their latest report cards. Ahead of their releases, I am taking a look to see what the market is expecting from them.
On this occasion, I’m going to look at the Westpac Banking Corp (ASX: WBC) half year result.
What is expected from Westpac in the first half?
Westpac is scheduled to release its half year results on Monday 3 May.
According to a note out of Goldman Sachs, its analysts have pencilled in cash earnings (before one-offs) of $3,400 million. This will be up 242% on the prior corresponding period.
From this, it expects the Westpac board to declare a fully franked 56 cents…
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