Daily FNArena News - Australia

An implied flat 4% capitalisation rate on the $3.8bn bid for Milestone’s unlisted Australian industrials portfolio marks an inflection point for the valuation of REITs with industrials assets exposure

Bapcor is in the front seat, amid confidence in the company’s ability to drive earnings growth beyond the stimulus that underpinned FY21

Bank of Queensland is expected to exceed guidance and looks well positioned to deal with industry headwinds

One of them had to give way in the dispute between Beach Energy and Origin Energy over gas pricing, and it was the latter that ended up downgrading guidance

Rising scrap prices and a sharp increase in volumes have allowed Sims to deliver FY21 earnings guidance way ahead of expectations

Resilience in Fuels and Infrastructure delivers strong first quarter 2021 result ahead of expectations for Ampol, despite a challenging external environment, volatile retail fuel volumes, and reduced regional refiner margins/volumes

Whitehaven Coal has been unable to take full advantage of strong coal prices as it encounters further faulting at Narrabri

Eagers Automotive is experiencing a rare combination in the automotive sales industry – tight supply and strong demand. Will it last?

In a further move to diversify its earnings streams, EML Payments is expanding into open banking. This story has been republished to clarify the strategic investments made by PayPal in Tink

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