0257 GMT - Collins Foods keeps its bull at Citi despite a likely hit to earnings from extreme weather in northeast Australia. Analyst Sam Teeger tells clients in a note that his estimate of a 1% hit to the fast-food franchiser's second-half Ebitda might be slightly conservative, but he stresses that any disruption was short-term and is now over. He acknowledges that his estimate is based on several assumptions but says he remains positive on the company's pathway to improved medium-term profitability at its Australian KFC stores. Citi has a buy rating and a A$9.38 target price on the stock, which is up 1.0% at A$8.685. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
March 20, 2025 22:57 ET (02:57 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。