Daily FNArena News - Australia

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.

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

Mirvac is expected to continue benefiting from strong office & industrial property markets, while a rundown of apartment pre-sales in FY20 could create an earnings hole in that year.

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

The outlook has slowed for REA Group, given weak listing volumes in January highlight a deteriorating property market.

Global expansion and investment in the digital platform are expected to underpin substantial growth for IDP Education, as it takes advantage of aspirations for quality education.

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