Daily FNArena News - Australia

GPT is increasing its focus on office and logistics assets. Brokers welcome the trend and believe the development pipeline will be a key to future growth.

Aurizon Holdings has reaffirmed FY20 guidance but appears to be increasingly cautious about the outlook for the coal haulage segment.

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

Flight Centre has acknowledged coronavirus is starting to impact on travel plans, which creates uncertainty over the outlook for the second half.

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.