Daily FNArena News - Australia

REA Group acknowledges it will be difficult to meet targets for the second half unless real estate listings volumes improve markedly.

Strong cash flow, positive leasing spreads and lower debt costs are delivering superior returns for Dexus Property, which is currently enjoying a robust outlook for office and industrial assets.

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

Large outflows are still expected in the current quarter for Janus Henderson but most brokers are confident of an improvement in 2020.

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.