Domino’s Pizza has disappointed brokers with a weak FY17 result and conservative FY18 outlook. The company has also announced a debt-funded $300m buy-back.
Newcrest Mining has improved the outlook for its two key gold mines, Cadia and Lihir, although brokers remain mindful that production declines beyond 2020 will drive a renewed focus on growth options.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
The outlook for REA Group remains robust, although several brokers suggest expectations had become inflated.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
Packaging company Orora has considerable scope to pursue both organic growth and acquisitions, having delivered an FY17 net profit that was ahead of most forecasts while maintaining a robust balance sheet.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
Janus Henderson has made a strong start in its inaugural first half as a merged company and brokers are upbeat about the outlook.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
Transurban maintains a full development pipeline for its toll roads and FY18 guidance implies lower growth than previous years.