Australia's Eagers Automotive falls as UBS flags softer FY26 outlook

Eagers Automotive

27/05/2026 04:32

     ** Shares of Eagers Automotive APE.AX fall as much as 12.9% to A$19.470, their lowest level since early-August 2025
** APE sees solid YTD growth, with revenue up ~5% and earnings up ~4%, supported by ahead-of-plan order intake
** UBS, however, expects FY26 consensus profit estimates to fall 2%–4%, citing softer demand outlook and potential supply constraints
** Brokerage warns rising interest rates and cost pressures could dampen demand and weigh on earnings visibility
** Says consensus does not fully reflect higher interest costs, adding downside risk to forecasts
** APE down over 12% this year, including the day's move

 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.nair@thomsonreuters.com))