Earnings season to show inflation impact

Earnings season to show inflation impact

Australian investors will soon gain a better understanding of how some of the country's biggest corporations are navigating cost pressures, labour shortages and slowing consumer demand. Commonwealth Bank (CBA), Telstra, News Corporation, AMP, IAG and QBE Insurance will be among the companies reporting full-year results this week as earnings season kicks into high gear. Advertisement The war in Ukraine and related supply-chain disruptions, interest rate hikes, inflation and flooding across Australia's east coast have posed challenges on top of the impact of the COVID-19 pandemic. Earnings growth is expected to be solid, led by a boost to energy and industrials. CBA's highly anticipated full-year results, due on Wednesday, come off …
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