Daily FNArena News - Australia

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

While sales improved in the December quarter, a depreciating Australian dollar versus the Thai baht means ARB Corp’s net profit will be lower in the first half.

IOOF Holdings has finally completed the acquisition of the ANZ P&I business, and provided softer-than-expected first half guidance.

Sleep therapy business ResMed expanded its product portfolio and took market share in the first half. Most brokers are confident growth will remain robust over the balance of FY20.

A year after first outlining its acquisition strategy, Perpetual Ltd has landed Trillium, and brokers look forward to the company’s expansion offshore.

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

The medium-term production outlook for nickel and gold producer IGO Ltd remains heavily dependent on exploration success.

2020 is shaping up as a pivotal year for Northern Star Resources and, if successful, could make the miner the second-largest gold producer on the ASX.

Pressure on revenue margins could cap Netwealth’s profitability despite strong flows.

Saracen Mineral Holdings offers gold exposure and strong production growth and, amid heightened investor interest, UBS has initiated coverage on the stock.