Daily FNArena News - Australia

After a strong start to the financial year, brokers wonder if Elders management’s upgraded guidance is conservative or peak earnings have already been attained

Corrected: ARB Corp reported a strong December first-half result in line with guidance, but as borders reopen, brokers are placing bets on the company’s ability to sustain the pace in the second half

While brokers reacted to Cleanaway Waste Management’s first half results by setting higher target prices, new avenues may be required for the next leg of growth

Brokers approved of NextDC’s first-half results and management’s upgraded FY22 guidance for revenue and earnings, and expect increased capital-expenditure guidance will result in future growth

Blackmores’ outlook for the second half of FY22 and beyond disappointed the market in February, as high investment expenditure looks to drag on earnings potential

E-document software provider Nitro Software has surprised market analysts by guiding to both high growth and large losses in the coming year as it seeks to integrate growth strategy acquisitions

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

Weekly Broker Wrap, In Brief: Economic impacts of Russia-Ukraine conflict; financial stress remains low; house prices to moderate

Gains in the energy and materials sectors outweighed technology losses leading to a 2.1% total return for the ASX200 in February, as Australia outperformed global equity markets

Independent Investment Research updates developments in Australia’s listed investment trust and provides comparative data