Scentre Group's Fiscal 2026 Guidance Misses Expectations, Jarden Research Says
MT Newswires Live
5 hours ago
Scentre Group's (ASX:SCG) 2025 results met expectations, but its guidance for 2026 missed expectations, according to a Tuesday report by Jarden Research.
On Tuesday, the company reported 2025 funds from operations (FFO) of AU$0.2282 per security and revenue of AU$2.69 billion, compared with AU$2.64 billion a year earlier.
The company said it expects 2026 FFO of at least AU$0.2373 per security, which is below expectations of AU$0.2388, Jarden said.
Jarden has an underweight rating on Scentre and an AU$4.40 price target.
Shares of the company fell 1% on market close.
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