Daily FNArena News - Australia

An increasing order book for Eagers Automotive keeps brokers Buy-rated despite vehicle supply issues and rising interest rates

Following FY22 results that met the consensus forecast for James Hardie Industries, brokers generally see value emerging after a significant year-to-date share price decline

A one-off tax loss and elevated gearing proved the standouts in what proved to be a difficult first half for United Malt, but analysts expect conditions and metrics will normalise in FY23 and the stock is shaping up as an attractive target

Amidst fears of rising bond yields and industrial overcapacity, Goodman Group has proven yet again why it is a top 20 market cap stock

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

Amidst weak market sentiment, Xero reported earnings last week and the market response was poor and while brokers acknowledge the reasoning, the longer term theme remains attractive to most

Evidence of cost control in Pendal Group’s latest market update should benefit the fund manager as volatile market conditions continue

After a succession of upgrades, GrainCorp has provided an earnings beat amidst near perfect conditions

Following first quarter results for Coronado Global Resources, brokers highlight an increased focus on shareholder returns and potential for further special dividends

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