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.

Brokers are encouraged by the outlook for Aristocrat Leisure after the company’s first half results, expecting the digital business will reveal its potential in the second half.

Domino’s Pizza appears comfortable with the progress being made, as it continues to roll out stores in Europe, maintaining earnings guidance for FY19.

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

Computershare will move its registry and mortgage servicing business to a global structure and has outlined expansion opportunities, although brokers suspect growth in FY20 will be difficult.

Large accounting clients continue to migrate to TechnologyOne’s cloud offering but brokers remain concerned about the stock’s valuation.

Scentre Group has made its first asset sale of 2019, a first step towards debt reduction.

Incitec Pivot has provided sharply lower earnings guidance for FY19 after a first half plagued by outages and manufacturing problems.

Unusually, Fortescue Metals decided to pay a dividend outside of the standard reporting season and brokers expect there will be plenty more.

Accounting software provider Xero passed several milestones in its FY19 results and brokers assess the substantial opportunities that lie ahead.