BHP, CSL, Telstra, Woodside Petroleum, Wesfarmers - these are just a few of the ASX names reporting this week, in what is the biggest week of earnings season thus far. 

Look out for commentary on supply chain and labour constraints, buoyant commodity prices for energy exporters, as well as the impact of the Omicron variant over recent months. 

Below we touch on what could be the most-noteworthy results investors eye over the coming days.

• JB Hi-Fi (ASX: JBH): One of the consumer discretionary names with the most insights into supply chain constraints, JB Hi-Fi will serve as a barometer of sorts. The company recent quarterly trading update highlighted the challenge in maintaining sales growth following the end of stimulus money. Cost of goods and margins will come into focus amid inflationary headwinds.

• Beach Energy (ASX: BPT), Santos (ASX: STO), Woodside Petroleum (ASX: WPL): With oil prices rallying to multi-year highs, and the Australian dollar also near its lowest level in a year, energy producers have a number of tailwinds on their side. Production issues have been one of the constraints preventing these companies capitalising on the positive backdrop, with an inflationary environment typically beneficial for energy stocks.

• BHP (ASX: BHP) and Fortescue Metals (ASX: FMG): A slump in iron ore prices throughout the second-half of last year is expected to weigh on iron ore profits. Labour shortages out of Western Australia, surging fuel prices, as well as significant increases in shipping costs are watch-points for the commodity exporters. BHP could see some upside in its coal division amid record prices, but the sale of its energy assets will leave a hole given soaring crude prices.

• CSL (ASX: CSL): The biotech giant US rival Haemonetics recently downgraded its guidance for plasma collection growth. CSL shareholders will be looking to see if this is a broader challenge across the industry driven by the spread of the Omicron variant, or whether the company might be on track to record pre-pandemic levels of plasma collections in the coming months.

• Corporate Travel Management (ASX: CTD): With news that Australia borders will open to international tourism from next week, look out for commentary on booking and search activity in the wake of the news. There is also likely to be a focus on the company international operations as the Omicron variant spread rapidly throughout Europe and North America in late HY22.

• Wesfarmers (ASX: WES): COVID disruptions have hit two of Wesfarmers' businesses in Kmart and Officeworks, however, Bunnings and its Chemicals, Energy and Fertilisers division are expected to have held up well. The company may provide an update on foot traffic through its retail stores given the impact observed in the lead up to Christmas, as well as staff absenteeism impacting its supply chain.

• Whitehaven Coal (ASX: WHC): Record coal prices are the key theme for the coal exporter, but supply chain issues and labour disruption are also front and centre. Management recently announced COVID and inclement weather had disrupted its production, forcing a revision to its FY22 guidance. The company has flagged that it will update shareholders on its capital management strategy.

• Magellan Financial Group (ASX: MFG): The fund manager has regularly been in the news of late, with its share price plummeting following the loss of a major fund mandate, fund outflows and underperformance, plus key personnel changes. More clarity will emerge on the extent that fund outflows have had on the underlying business, which could prompt changes to the dividend amid earnings shock'. 

That it for now, check back next week for the latest preview of the week ASX reporting stocks.