Latest Earnings Forecast News

Clover Corporation has upgraded its FY25 earnings forecast, expecting net profit after tax to exceed market consensus by around 20%, driven by strong sales and operational improvements.

Austin Engineering has raised its FY25 revenue guidance to $370 million, driven by strong growth in the Americas, but has lowered its EBIT forecast due to operational challenges in Chile.

Redox Limited has dismissed any undisclosed information behind its recent share price plunge, attributing the volatility to analyst downgrades and broader economic concerns.

New Zealand King Salmon has lowered its FY26 harvest volume and earnings guidance due to slower fish growth linked to subdued feed outs during warmer months. The company aims to rebuild biomass and improve future harvests with new strategies.

Origin Energy has refined its FY25 earnings forecast, buoyed by strong wholesale performance but tempered by Octopus Energy's UK weather-related losses. Despite setbacks, Octopus continues to expand its retail footprint.

Dexus Industria REIT has upgraded its FY25 funds from operations guidance, citing lower finance costs and improved returns from Jandakot Airport. Distribution targets remain steady.

Garda Property Group has upgraded its FY25 Funds from Operations guidance by 12%, maintaining distributions while preparing for the North Lakes sale settlement in August 2025. The sale proceeds will significantly reduce gearing, with capital gains tax implications deferred to FY26.

Navigator Global Investments has raised its FY25 earnings outlook, projecting a 17-22% increase in adjusted EBITDA driven by robust profit distributions from its diversified Partner Firms.

AUB Group Limited has upgraded its FY25 underlying net profit guidance to the upper end of its previously announced range, buoyed by favourable trading conditions and strategic FX hedging.

Healius Limited has announced a fully franked special dividend of 41.3 cents per share totaling approximately $300 million, alongside a new $300 million three-year syndicated bank facility replacing its previous $680 million arrangement.

Brisbane Broncos Limited has announced a fully franked ordinary dividend of AUD 0.02 per share for the 2024 financial year, signaling steady returns for shareholders.

Praemium Limited has announced that no earn out payment is due for the first period following its acquisition of the OneVue Platform Business, as funds under administration fell below the $3 billion threshold. Despite client terminations, the company remains confident in its earnings and synergy targets.