ASX QAN, CAR: Why Yarra Capital's Edward Waller exited Qantas despite 'unprecedented' profits
Portfolio manager Edward Waller thinks the market is being too conservative on Carsales and tells us why he likes FleetPartners.
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Portfolio manager Edward Waller thinks the market is being too conservative on Carsales and tells us why he likes FleetPartners.
Analysts raise target prices for Carsales following FY23 results on rising profits and growth in overseas operations
Melbourne-based Carsales.com (ASX: CAR) has delivered strong results with double-digit revenue and earnings growth in all key markets for the full year ended 30 June.
The Australian stock market is modestly lower on Monday, extending the losses in the previous session, with the benchmark S&P/ASX 200 staying above the 7,300 level, following the mostly negative cues from Wall Street on Friday, weighed down by weakness in miners, technology and financial stocks.
By Stuart Condie SYDNEY--Carsales.com raised its final dividend and flagged further earnings growth after its annual adjusted profit jumped 43%. The...