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BHP Annual Results Preview: Grab rewards by guessing the closing price!

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Moomoo AU wrote a column · Aug 26, 2024 09:57
27 August 2024, 8:30 AM (Melbourne time) will be a big one for $BHP Group Ltd (BHP.AU)$ shares, because the company will release its full-year results on Tuesday.
Ahead of the release of its results, let's now take a look at what the market is expecting from this mining company.
   
BHP earnings prediction overview
Here's the takeaway bullet points of the coming release:
- Australian iron ore miners face challenges due to falling prices and oversupply.
- BHP Group's FY24 production:
  Copper: 9% increase.
  Iron ore: 1% increase.
  Metallurgical coal: 23% decrease.
  Energy coal: 8% increase.
  Nickel: 2% increase, with a planned halt in October 2024.
- BHP's CEO emphasizes strong Q4 and strategic focus on energy transition commodities.
- Analysts have differing views on BHP's valuation and market position.
Click here to read the complete preview article: Earnings Preview: What to expect from BHP's upcoming earnings report?
   
Guess the closing price
BHP is releasing its annual results on 27 August 8:30 AM AEST. How will the market react to BHP.AU's results on that day?
Vote your answer to participate in the rewards sharing!
Rewards
An equal share of 2,000 points: For mooers who correctly hit the range of BHP's closing price at 27 August 2024, 16:00 AEST.
(e.g., If 50 mooers make a correct guess, each of them will get 40 points.)
Note：
The vote will close on 27 August 2024, 14:00 AEST.
Rewards will be distributed within 5-7 working days after the result's announcement.
Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
The selection is based on post quality, originality, and user engagement.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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