Daily FNArena News - Australia

Higher expenditure and lower production cast a shadow over Whitehaven Coal’s first half result. Yet, brokers observe the market is likely to set this aside amid the potential for capital returns.

Treasury Wine Estates is increasingly confident, reiterating expectations for 25% growth in FY19 earnings and guiding to a further 15-20% growth in FY20.

Costs and depreciation marred the first half result for Link Administration, although brokers are confident that synergies for Link Asset Services should continue working in the company’s favour.

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

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

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

Australia’s automotive parts sector has weakened over the past few months and Bapcor is not immune. However, brokers consider the business solid and defensive, and the sell-off in the stock overdone.

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

Despite a strong approach to category management and continued cost savings, the outlook for JB Hi-Fi is affected by a weaker housing market and ever-rising online sales.

Tough competition in mortgages and a growing cost base have cast a pall over Bendigo & Adelaide Bank and brokers agree revenue remains under pressure.