Daily FNArena News

A-REITs outperformed the broader equity market in April and sector earnings growth is expected to accelerate.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Australia’s mid-tier gold miners have had a strong FY18 but are they too well priced, and is there opportunity elsewhere?

Orica sustained a poor performance in the first half, amid production problems at several of its plants. Brokers require progress on the issues into FY19 before becoming more positive.

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

Westpac’s first half results benefited from re-pricing of mortgages, steady provisioning and improved treasury & markets income. Yet the uncertainty emanating from the Royal Commission looms large.

Peter Switzer of the Switzer Super Report believes beaten down financial stocks are worth a longer term bet.

Michael Gable of Fairmont Equities suggests lithium miner Mineral Resources is heading back to its highs.

Ainsworth Game Technology has significantly downgraded guidance, made worse by the fact the revision includes a recent order from Churchill Downs.

In FY18 Macquarie Group performed well, again, and brokers agree the business has many levers to engage despite an increasingly challenged environment.

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