2330 GMT [Dow Jones]--Ahead of next month's corporate results season in Australia, Morgan Stanley considers Charter Hall and Vicinity Centres to be the safest stocks in terms of their FY27 earnings guidance. "We see low likelihood of either stocks disappointing the Street," analyst Simon Chan says. Expectations that Charter Hall's earnings will grow by around 10% can be met even if FY27 inflows slow materially compared to 12 months earlier, MS says. Vicinity Centres's 5-6% earnings growth in FY27 is underpinned by strong interest rate hedging and the reopening of the Chatswood Chase mall. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
July 21, 2026 19:35 ET (23:35 GMT)
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