0058 GMT - Collins Foods' bull at RBC Capital Markets reckons the Australian fast-food franchiser's improved guidance still looks conservative. Analyst Michael Toner tells clients in a note that the company's first-half result was stronger than expected, with the A$30.8 million underlying profit beating consensus by 30%. He points out that this now implies a significant beat to the improved full-year profit guidance even if analysts hold their second-half forecasts. Collins expects profit to grow by a percentage in the mid-to-high teens. RBC has a last-published outperform rating and A$11.70 target price on the stock, which is down 1.0% at A$11.48. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
December 01, 2025 19:58 ET (00:58 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.