Scentre Can Beat Annual Earnings Guidance -- Market Talk

Dow Jones
Aug 01

2348 GMT - Mall owner Scentre is a strong candidate to beat its annual earnings goal, according to Macquarie. Scentre has forecast funds from operations per security of 22.75 Australian cents in 2025. Macquarie is tipping an outcome of 23.0 cents. Its bullish view has three drivers: total portfolio comparable income growth of 3.6%, limited corporate cost growth, and a lower weighted average cost of debt. Still, Macquarie retains an underperform call and A$3.18/share price target on Scentre, which ended Thursday at A$3.75.(david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

July 31, 2025 19:48 ET (23:48 GMT)

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