Stock Market Update for Next Week – Analysis of Hargreaves Lansdown
Next week in the stock market, there are some key companies set to release their results. What can we expect?
* On December 3rd, companies like discoverIE Group, Paragon Banking Group, Salesforce, SSP Group, and Victrex will be sharing their results.
* December 4th will see ME Group International, SDLC Energy Efficient Income Trust, Tritax EuroBox, and ZIGUP releasing their reports.
* December 5th will bring us news from AJ Bell, Balfour Beatty, Baltic Classifieds Group, DS Smith, Frasers, TR Property Investment Trust, and Watches of Switzerland.
* Finally, on December 6th, keep an eye out for Berkeley Group.
Berkeley Group is expected to report a solid start to the year, with operating margins exceeding their long-term range. The new government’s plans for the planning system could benefit housebuilders like Berkeley as they work to provide much-needed new homes. We’ll be looking for insights on how recent policy changes may impact the company’s financial outlook.
Frasers, on the other hand, has been in the spotlight due to a dispute with Boohoo, where they hold a significant stake. Frasers is aiming to increase pre-tax profits by 10% this year and we’ll be watching to see if they are on track to meet that target. Additionally, Frasers’ performance leading up to the holiday season will be of interest as they rely heavily on in-store sales.
Salesforce, after a challenging start to the year, is expected to show signs of improvement. However, the software industry remains competitive, and some businesses are hesitant to make big commitments. We will be watching their third-quarter results closely to gauge their performance in the current market.
Stay tuned for these updates next week and let’s see how these companies are faring in the ever-changing business landscape.
