CAR Shares May Underperform Despite Reasonable 1H -- Market Talk

Dow Jones

Feb 10, 2025

2234 GMT - CAR Group shares will likely underperform despite the Australian vehicle advertiser's reasonable 1H result, E&P analyst Entcho Raykovski reckons. He points out that December-half proforma revenue, proforma Ebitda and adjusted net profit fell short of analyst expectations by 2.5%, 1.8% and 2.7%, respectively. CAR also downgraded its annual revenue guidance for its North American Trader Interactive business to good from solid, he adds. Combined with the stock's strong run ahead of the result, this is likely to lead to a negative market reaction, Raykovski writes in a note. E&P has a neutral rating and A$34.80 target price on the stock, which is at A$41.03 ahead of the open. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

February 09, 2025 17:34 ET (22:34 GMT)

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He points out that December-half proforma revenue, proforma Ebitda and adjusted net profit fell short of analyst expectations by 2.5%, 1.8% and 2.7%, respectively. CAR also downgraded its annual revenue guidance for its North American Trader Interactive business to good from solid, he adds. Combined with the stock's strong run ahead of the result, this is likely to lead to a negative market reaction, Raykovski writes in a note. E&amp;P has a neutral rating and A$34.80 target price on the stock, which is at A$41.03 ahead of the open. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 09, 2025 17:34 ET (22:34 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"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>CAR Shares May Underperform Despite Reasonable 1H -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCAR Shares May Underperform Despite Reasonable 1H -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-10 06:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2234 GMT - CAR Group shares will likely underperform despite the Australian vehicle advertiser's reasonable 1H result, E&amp;P analyst Entcho Raykovski reckons. He points out that December-half proforma revenue, proforma Ebitda and adjusted net profit fell short of analyst expectations by 2.5%, 1.8% and 2.7%, respectively. CAR also downgraded its annual revenue guidance for its North American Trader Interactive business to good from solid, he adds. Combined with the stock's strong run ahead of the result, this is likely to lead to a negative market reaction, Raykovski writes in a note. E&amp;P has a neutral rating and A$34.80 target price on the stock, which is at A$41.03 ahead of the open. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 09, 2025 17:34 ET (22:34 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CAR","symbol_name":"安飞士","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2510020780","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2510020780","pubTimestamp":1739140440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2234 GMT - CAR Group shares will likely underperform despite the Australian vehicle advertiser's reasonable 1H result, E&P analyst Entcho Raykovski reckons. He points out that December-half proforma revenue, proforma Ebitda and adjusted net profit fell short of analyst expectations by 2.5%, 1.8% and 2.7%, respectively. CAR also downgraded its annual revenue guidance for its North American Trader Interactive business to good from solid, he adds. Combined with the stock's strong run ahead of the result, this is likely to lead to a negative market reaction, Raykovski writes in a note. E&P has a neutral rating and A$34.80 target price on the stock, which is at A$41.03 ahead of the open. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"CAR":"安飞士","CAR.AU":"CAR GROUP LTD"},"translate_title":"尽管上半年表现合理，但汽车股可能表现不佳——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CAR.AU":0.9,"CAR":1},"content_text":"2234 GMT - CAR Group shares will likely underperform despite the Australian vehicle advertiser's reasonable 1H result, E&P analyst Entcho Raykovski reckons. He points out that December-half proforma revenue, proforma Ebitda and adjusted net profit fell short of analyst expectations by 2.5%, 1.8% and 2.7%, respectively. CAR also downgraded its annual revenue guidance for its North American Trader Interactive business to good from solid, he adds. Combined with the stock's strong run ahead of the result, this is likely to lead to a negative market reaction, Raykovski writes in a note. E&P has a neutral rating and A$34.80 target price on the stock, which is at A$41.03 ahead of the open. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 09, 2025 17:34 ET (22:34 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","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":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}