Sale of Domain to CoStar Drives Reductions in Earnings Per Share Estimates for Nine Entertainment Co. Holdings, Jarden Says

MT Newswires Live

Sep 03

The sale of the Domain business to CoStar drives a 21% reduction to the fiscal year 2026 earnings per share estimate and a 16% reduction to the fiscal year 2027 earnings per share estimate for Nine Entertainment Co. Holdings (ASX:NEC), Jarden said in a note on Wednesday.

Excluding Domain, the investment firm lowered its fiscal year 2026 earnings before interest, taxes, depreciation, and amortization estimate by 6% to AU$317 million.

The investment firm retained its overweight rating for Nine Entertainment and upped the price target to AU$1.85 per share from AU$1.80 per share.

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Holdings (ASX:NEC), Jarden said in a note on Wednesday.</p><p>Excluding Domain, the investment firm lowered its fiscal year 2026 earnings before interest, taxes, depreciation, and amortization estimate by 6% to AU$317 million.</p><p>The investment firm retained its overweight rating for Nine Entertainment and upped the price target to AU$1.85 per share from AU$1.80 per share.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sale of Domain to CoStar Drives Reductions in Earnings Per Share Estimates for Nine Entertainment Co. 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Holdings, Jarden Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-09-03 14:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> The sale of the Domain business to CoStar drives a 21% reduction to the fiscal year 2026 earnings per share estimate and a 16% reduction to the fiscal year 2027 earnings per share estimate for <a href=\"https://laohu8.com/S/NNMTF\">Nine Entertainment</a> Co. Holdings (ASX:NEC), Jarden said in a note on Wednesday.</p><p>Excluding Domain, the investment firm lowered its fiscal year 2026 earnings before interest, taxes, depreciation, and amortization estimate by 6% to AU$317 million.</p><p>The investment firm retained its overweight rating for Nine Entertainment and upped the price target to AU$1.85 per share from AU$1.80 per share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NEC.AU","symbol_name":"NINE ENTERTAINMENT CO HOLDIN","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2564635234","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2564635234","pubTimestamp":1756880236,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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Holdings (ASX:NEC), Jarden said in a note on Wednesday.Excluding Domain, the investment firm lowered its fiscal year 2026 earnings before interest, taxes, depreciation, and amortization estimate by 6% to AU$317 million.The investment firm retained its overweight rating for Nine Entertainment and upped the price target to AU$1.85 per share from AU$1.80 per share.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}