Daily FNArena News - Australia

While FY21 results for Megaport were generally well received, opinions vary over the impact of the short-term cost of reinvestment

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

Inflationary pressures are looming yet official interest rates have not moved, requiring Computershare to juggle its earnings outlook to find growth

To obtain a cleaner image, Aurizon Holdings is swinging the business towards bulk haulage and reducing coal exposure yet this is expected to take time and be capital intensive

While FY21 results and forward guidance appear rosy for Elmo Software, a weather eye should be kept on cash burn and overall liquidity

Suncorp has underscored confidence in FY22, with a special dividend and buyback announced after profit and premium growth returned in FY21

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

Despite heightened market uncertainty due to the recent round of lockdowns, brokers expect strong earnings growth to underpin market performance during the August reporting season

A mention of buybacks sparked interest in the capital return policy of News Corp while real estate and digital investments drove a strong FY21, except for REA Group

Notwithstanding the difficulties in satisfying a surge in demand for sleep apnoea devices, ResMed should win market share. The main question is how much?