Plumbing fittings specialist Reliance Worldwide beat prospectus with its maiden FY17 result and has exhibited a high level of confidence in its FY18 guidance.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
Adairs finished FY17 with a flourish after a weak performance earlier in the year, as sales and margins were soft while inventory was cleared. Brokers envisage a better performance in FY18.
Michael Gable of Fairmont Equities notes Santos is set to move higher.
The prospects for Medibank Private in the medium term rest on whether it can stabilise market share and retain healthy margins.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
Cash is flowing at Qantas and the company rounded off a robust FY17 result with a reinstated buy-back. Is there more to come?
Craig Parker of Moat Capital suggests the fortunes of the ASX200 are inexorably tied to the banks, which is not encouraging.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.