Daily FNArena News - Australia

Detached housing momentum has spurred strong results for CSR in the first half of FY21, and analysts note continuing growth in Property looks to sustain results

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

Despite some looming headwinds, REA Group is reflecting a strong Australian real estate market and the main issue for brokers is the valuation

New vehicle supply constraints during the covid pandemic have benefitted the used vehicle market, and driven strong results for Eclipx Group, but analysts are looking post-pandemic to consider growth sustainability

Will Domino’s Pizza be one of those food services that suffers a hangover after enjoying a surge in demand during a year of widespread restrictions on eating out?

Despite the challenges to raw materials supply in recent months, Amcor is being lauded for its ability to manage costs and deliver a robust outlook for FY22

Losses in the industrial and energy sectors outweighed information technology gains leading to a -0.1% total decline for the ASX200 in October as Australian 10-year bond yields continued to climb

Goodman Group has already upgraded the earnings outlook for FY22, thriving on the demand for logistics space created by the pandemic and stepping up the acquisition of industrial assets

A spate of natural perils claims early in the season has meant a downgrade to guidance for Insurance Australia Group. Is existing reinsurance cover sufficient?

Margins remain tight and Westpac has stuck to its aggressive cost reduction strategy, making the market wary