2324 GMT [Dow Jones]--Property owner Goodman Group looks well-placed to upgrade its annual earnings guidance next week, suggests Jefferies. Goodman has signaled 9% growth in operating EPS in FY26. Consensus forecasts are more bullish, anticipating a 10% increase. "We believe development profits realized through European and North American capital partnering in 2Q and 3Q will be enough to unlock an upgrade, likely supporting a partial re-rating," analyst Andrew Dodds says. For Goodman's shares to jump more, management could detail leasing success at some of its data centers, including those in Los Angeles and Paris. "We don't expect any contract announcements next week, although would expect outsized share price performance if any emerged," Jefferies says. It retains a buy call and A$36.45/share price target on Goodman, which ended Wednesday at A$30.00. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

May 20, 2026 19:30 ET (23:30 GMT)

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