Earnings Alerts

Dexus Property (DXS) Earnings: Decline in FY AFFO and Final Distribution Despite Revenue Growth

  • Dexus’s Adjusted Funds From Operations (AFFO) per security decreased to A$0.45 from A$0.480 year-on-year.
  • Total AFFO fell by 6.3% year-on-year, totaling A$483.9 million.
  • Funds From Operations (FFO) declined by 3.7% year-on-year to A$677.2 million.
  • The final distribution per security dropped to A$0.18 from A$0.213 year-on-year.
  • Net income improved significantly to A$136.1 million from a A$1.58 billion loss last year.
  • Revenue increased by 5.4% year-on-year, reaching A$951.2 million.
  • In terms of investment recommendations, there are 4 buy ratings, 4 hold ratings, and 2 sell ratings.

Dexus Property on Smartkarma

Analyst coverage of Dexus Property on Smartkarma, a platform where top independent analysts publish research, is expanding. FNArena recently provided insight in their report titled “Dexus – The Overnight Report: Tariff Deadline Looms.” The report, authored by an analyst from FNArena, offers a bullish perspective on Dexus Property, highlighting global events impacting the company.


A look at Dexus Property Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth2
Resilience2
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Dexus Property shows a promising long-term outlook. With a top score of 5 in Value and a solid score of 4 in Dividend, the company is positioned well in terms of its financial attractiveness and ability to provide consistent returns to investors. These scores reflect positively on the company’s financial health and potential for generating value for its shareholders over time.

While Dexus Property has lower scores in Growth and Resilience at 2, indicating room for improvement in these areas, the Momentum score of 4 suggests an upwards trend in the company’s performance. This momentum could potentially drive future growth and profitability. Overall, Dexus Property‘s diversified portfolio of real estate assets and focus on customer satisfaction in Australia and New Zealand provide a solid foundation for its long-term success in the real estate market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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