8 stocks that should be on your radar following reporting season

Reporting season is now behind us - and what a month it was. Stocks like Megaport (ASX: MP1) surprised to the upside, with its share price soaring 28% on the back of its result. Meanwhile, larger-cap stocks like Reliance Worldwide (ASX: RWC) also saw their share price skyrocket on the back of a stellar profit result. 

It's a far cry from the reporting season of 12 months ago. This month, the beat-to-miss ratio saw beats 9% higher than the number of misses. This time last year, that number was 1% - a "really solid" improvement - as Marcus Ryan, Deputy Portfolio Manager, Broadcap Australian Equities at Yarra Capital Management put it. 

In the following Rapid Fire interview, Marcus, Michael Steele, and Joel Fleming - representing the entire market cap spectrum from micro- to large-cap, share the key insights from the season, including;

• The biggest stock surprises
  
• The biggest misses
  
• The biggest sleeper stocks (the ones that no one is paying attention to but should be)
  
• The biggest opportunity and risk between now and next season

For a deeper dive into the season, a longer-form interview is available here. 

Equities

All the big calls from reporting season (including why small-cap earnings can grow 10-15% in the next two years)

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Note: This video was filmed on 28 February 2024.

Time Codes

0:06 - Biggest surprises of the season (small cap)
0:29 - Biggest surprise (large cap)
0:39 - Biggest miss (large cap)
0:59 - Biggest miss (small cap)
1:16 - Sleeper stocks
1:58 - True or false: the consumer will be stronger next reporting period
2:15 - Biggest opportunity between now and next season
2:41 - Biggest risk between now and next season
2:59 - Yarra house view on interest rates
3:15 - The final message for investors

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Yarra Capital Management's actively managed Australian Equities strategies seek to deliver outperformance for clients over long time horizons. For more information, please visit their website.