Summary: Virgin’s results showed a margin improvement for the domestic business and a weaker result for the international business. Analysts are mixed on ANZ after its $3 billion capital raising, with consensus favouring a buy call. Ansell reported forward guidance below analyst expectations, causing a sharp fall in its share price, while JB Hi-Fi’s recent results beat expectations but analysts harbour doubts about the retailer’s ability to continue sales growth.
Key take-out: Most analysts have a hold recommendation on Virgin, which has a positive domestic outlook despite weak leisure demand.
Key beneficiaries: General investors. Category: Shares.