REA Group Fiscal Q3 EBITDA Misses Estimates by 5%, Jarden Says

MT Newswires Live05-08

REA Group's (ASX:REA) earnings before interest, taxes, depreciation, and amortization (EBITDA) for the fiscal third quarter missed Jarden's estimates by 5%, with revenue deferrals potentially explaining a large part of the difference, according to a Friday note with Jarden.

Jarden estimated residential yield drove one-third of the revenue miss with its forecast.

It lowered its fiscal year 2026 cost growth guidance, with questions arising around the fiscal fourth quarter yield. Its costs are now expected to increase by "low-mid single digits" percent compared with previous guidance of "mid single digits."

The investment firm assigned a neutral rating and a price target of AU$176 per share.

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