0351 GMT - Domain Holdings Australia's earnings guidance suggests that 1H revenue growth will fall well short of market expectations, UBS analysts say. The Australian real-estate advertiser's guidance for 1H Ebitda of about A$48 million implies revenue will grow by about 4%, they say in a note, noting that this compares with the average analyst forecast of 17% growth. UBS will review its last-published buy rating and A$3.90 target price on the stock, which is down 8.4% at A$2.61. (stuart.condie@wsj.com; @StuartLCondie)

0315 GMT - ANZ getting approval to establish a non-operating holding company and separate its banking and non-banking businesses won't affect its credit quality, S&P Global Ratings says. Consequently, S&P affirms all its ratings on ANZ bank and its subsidiaries. "The outlooks on the ANZ Bank and its subsidiaries remain stable," the ratings agency say, noting that the group has indicated no significant changes in the critical operational controls, risk appetite, and the business or financial metrics of the consolidated group or the banking subgroup as part of the restructuring. (alice.uribe@wsj.com)

0102 GMT - Growth in the number of jobs advertised at engineering services firm Worley has eased from a recent October peak but remains elevated versus six months earlier, Macquarie analysts say in a note. "WOR's job ads are a proxy for staff numbers (which are an indicator of revenue growth), with strong job ads growth supporting our revenue growth [forecast] of 14%" in FY 2023, they say. The number of open roles added to the company's website over the past month is up 7% versus the same period six months earlier, they say. Although, ad growth had been in the double digits in September and October, they note. Worley is up by 0.3% at A$14.93/share, defying falls across much of the Australian market. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

0034 GMT - Majority of Australian insurers are on track to join a pool intended to improve affordability and accessibility of insurance in cyclone-prone areas, by reducing the cost of reinsurance, says an Australian Competition and Consumer Commission report. Participation in the pool is mandatory for insurers, with large insurers required to join by end-2023 and smaller insurers by end-2024. The ACCC, says no insurers have started using the pool, and few appear ready to join significantly ahead of the required dates. At the same time, insurers have identified challenges in implementing and operating under the pool, and raised concerns that inflationary pressures, including from recent natural disasters, may impact on overall savings arising following the pool.(alice.uribe@wsj.com)

0006 GMT - Morgan Stanley analysts are downbeat about the exit of Newcrest CEO Sandeep Biswas. "We view the current CEO's departure as a negative, especially given he was well liked by investors," they say in a note. The analysts highlight "the short time period for departure and current lack of clarity as the search for a new CEO continues." They also say the departure of Australasia operations chief Phil Stephenson "will be keenly looked at" but are reassured by Americas operations chief Craig Jones taking on oversight of all assets, given his strong operational experience. Newcrest extends losses Tuesday, falling 0.7% to A$20.45/share. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

2354 GMT - Pacific Smiles' stock may continue to be plagued in the near term by the activities surrounding the company's Extraordinary General Meeting on Monday, say Wilsons analysts in a note. The Australian dental care operator held an EGM vote initiated by founder and major shareholder Dr Alex Abrahams. As part of the vote the motions to replace the board and company executive failed to reach adequate shareholder votes with the exception of one director's removal. Wilsons notes that of the 10 resolutions that were not passed, all garnered over 43% supportive votes from existing shareholders, demonstrating a material base in favor of board renewal.(alice.uribe@wsj.com)

2252 GMT - Australian institutional investors, including pension funds, will increasingly demand that ASX-listed companies show plans for how they expect to manage a "just transition" as businesses increasingly move to less emission intensive operations, the Australian Council of Superannuation Investors says in a report. For ACSI, a "just transition" means a climate, societal and economic transition to a low-carbon economy that is timely, fair and meets the goals of the Paris Agreement. "Failing to ensure an orderly and just transition could lead to significant economic and social impacts that pose a systemic financial risk to investors," ACSI says. As part of a range of public policy recommendations in the report, ACSI is calling for the establishment of a national Just Transition Authority to advise the Australian Federal Government. (alice.uribe@wsj.com)

2245 GMT - Engineering contractor Perenti's second upgrade to profit guidance in as many months suggests margins are back at prepandemic levels, Macquarie analysts say in a note. Perenti now expects revenue of A$2.7B-A$2.9B and Ebita of A$230M-A$250M in FY23, citing improved conditions and favorable currency swings. This "suggests Ebit(a) margins will increase to 8.3-8.5%, which is higher than original guidance," says Macquarie. The bank raises its price target by 8% to A$1.40/share. Perenti ended yesterday at A$1.20. (david.winning@wsj.com; @dwinningWSJ)

2236 GMT - Bega Cheese looks to be strategically better placed than many of its Australian dairy competitors, say Goldman Sachs analysts Michael Peet and Xavier Harrison in a note. Still, they point out that the industry continues to face significant headwinds which may not be fully reflected in the current share price. For example, while Bega is likely outperforming other processors in terms of milk supply, year to date production is down 6% to end October, driven by floods and excessive wet weather, and the continued structural decline in dairy farms. "We forecast a slight decline in Bega's milk intake versus a market likely to be down over 5.0%," the firm says. (alice.uribe@wsj.com)

2231 GMT - Macquarie now expects Aurelia Metals to raise A$90M in fresh equity to help fund the development of the Federation base-metals deposit. The bank predicts Aurelia will issue new shares at A$0.09 each in 1Q. As a result, Macquarie now expects Aurelia to make a material loss per share in FY23, which also reflects the miner's recent downgrade to production and cost guidance. "Federation remains a high-quality base metals project at 17% zinc equivalent or 6% copper equivalent grade and is the most important asset in Aurelia's portfolio," Macquarie says. (david.winning@wsj.com; @dwinningWSJ)

17:24 ET - Quiet Platforms, a logistics-focused subsidiary of retailer American Eagle Outfitters, says it will work with real-estate services firm JLL to open fulfillment centers across the US in 2023. The warehouses will serve the retailers using Quiet Platforms' supply-chain network, the companies say. JLL and Quiet Platforms plan to charge flexible rent as a percentage of revenue. JLL says it is looking for spaces that include subleasing corporate offices, converting retail space into industrial space and building warehouses without a tenant lined up in advance. Quiet Platforms' clients include Peloton, Steve Madden and Li & Fung. (liz.young@wsj.com)

2219 GMT - Aurelia Metals's decision to shift its Hera gold mine into care and maintenance doesn't surprise Macquarie, given the operation has recorded two negative quarters of negative cash flow. Still, Hera remains an important asset given its mill infrastructure is located only 10 kilometers from the Federation deposit that Aurelia is planning to develop, Macquarie says in a note. "Aurelia trades on an attractive price-to-net present value multiple of 0.6x, representing a higher risk Outperform with a A$0.20 target price," Macquarie says. (david.winning@wsj.com; @dwinningWSJ)

2130 GMT - Engineering contractor Perenti's latest bullish update removes any doubt around management's refreshed strategy to guide conservatively, Jefferies analyst Nicholas Rawlinson says in a note. Perenti has effectively upgraded Ebita by nearly 25% at the midpoint of its guidance range since September. Perenti now expects revenue of A$2.7B-A$2.9B and Ebita of A$230M-A$250M in FY23, citing improved conditions and favorable currency swings. In response, Jefferies upgrades its FY23 EPS forecast by 13% and raises its price target to A$1.35/share, from A$1.20. Perenti ended Monday at A$1.20. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires