ASX:ELD

Correction: ASX Biggest Gainers

(Corrects to remove PDI Gold from the list)Here are the ASX-listed companies with the biggest gains on Friday.Metrics Master (ASX:MXT): +3%, AU$1.82AUB Group (ASX:AUB): +3%, AU$27.81Ingenia Communities (ASX:INA): +3%, AU$3.97Suncorp Group (ASX:SUN): +3%, AU$19.43Challenger (ASX:CGF): +3%, AU$10.19Cobram Estate Olives (ASX:CBO): +2%, AU$2.84Viva Energy Group (ASX:VEA): +2%, AU$3.03Elders (ASX:ELD): +2%, AU$6.38Brambles (ASX:BXB): +2%, AU$18.58

ASX Biggest Gainers

Here are the ASX-listed companies with the biggest gains on Friday.PDI Gold (ASX:PDI): +7%, AU$4.67Metrics Master (ASX:MXT): +3%, AU$1.82AUB Group (ASX:AUB): +3%, AU$27.81Ingenia Communities (ASX:INA): +3%, AU$3.97Suncorp Group (ASX:SUN): +3%, AU$19.43Challenger (ASX:CGF): +3%, AU$10.19Cobram Estate Olives (ASX:CBO): +2%, AU$2.84Viva Energy Group (ASX:VEA): +2%, AU$3.03Elders (ASX:ELD): +2%, AU$6.38Brambles (ASX:BXB): +2%, AU$18.58

ASX Biggest Losers

Here are the ASX-listed companies with the biggest losses on Thursday.IperionX (ASX:IPX): -9%, AU$2.84Elisight (ASX:ELS): -5%, AU$4.83FireFly Metals (ASX:FFM): -7%, AU$1.76Westgold Resources (ASX:WGX): -6%, AU$5.84GrainCorp (ASX:GNC): -5%, AU$6.57Austal (ASX:ASB): -5%, AU$4.42Elders (ASX:ELD): -4%, AU$6.25Zimplats (ASX:ZIM): -5%, AU$17.00Vulcan Energy Resources (ASX:VUL): -5%, AU$2.48ELEVRA Lithium (ASX:ELV): -6%, AU$7.56

ASX Biggest Losers

Here are the ASX-listed companies with the biggest losses on Tuesday.4DMedical (ASX:4DX): -4%, AU$3.38IperionX (ASX:IPX): -4%, AU$3.01Domino's Pizza Enterprises (ASX:DMP): -3%, AU$19.58Nine Entertainment (ASX:NEC): -3%, AU$0.86Sims Metal Management (ASX:SGM): -3%, AU$24.40Elders (ASX:ELD): -3%, AU$6.51Dicker Data (ASX:DDR): -3%, AU$14.35HMC Capital (ASX:HMC): -2%, AU$3.30Judocaphol (ASX:JDO): -2%, AU$1.04NEXTDC (ASX:NXT): -2%, AU$12.47

Elders Says Citi Acquires Over 5% Voting Power

Elders (ASX:ELD) said Citigroup Global Markets Australia and related bodies corporate in Citigroup acquired a voting power of 5.0064% in the firm as of Wednesday, becoming a substantial shareholder, according to a Friday Australian bourse filing.As of Wednesday, Citigroup held 10.8 million ordinary shares of the firm.

Elders Confirms Sale of South Australia Pastoral Aggregation for Undisclosed Amount

Elders (ASX:ELD) said Monday Jumbuck Pastoral and the ATAYF group of companies entered into an agreement for the sale and purchase of the Jumbuck North West Pastoral Aggregation in South Australia for an undisclosed amount.The company said in a statement that the aggregation is considered to be the largest contiguous sheep station in the world, comprising Commonwealth Hill Station at 553,100 hectares, Mobella Station at 426,600 hectares, and Bulgunnia Station at 310,000 hectares.Elders Real Estate Chief Executive Tom Russo said the interest for the sale was received from a broad range of domestic and international investors.The company's shares fell almost 1% in recent Monday trade.

Elders H1 Result Disappoints with Rising Corporate, Transformation Costs, Elevated Leverage, Jefferies Says

Elders' (ASX:ELD) first half result disappointed with rising corporate and transformation costs coupled with elevated leverage, Jefferies said in a Thursday note.Australian agricultural conditions are expected to deteriorate, with the Bureau of Meteorology noting El Niño conditions in the tropical Pacific are causing below-average July-to-September rainfall across most of the south, west, and parts of the east. This has driven fiscal year 2026 to fiscal year 2028 earnings-per-share cuts of 20%, 14%, and 2%, respectively.Gross value of agricultural production is expected to fall by 5% to AY$98 billion in 2026 to 2027. While higher global crop prices may provide an offset, rising input costs and a higher Australian dollar may put pressure on profitability.The investment firm has a hold rating on Elders with a reduced price target of AU$6.15 per share from AU$7.80 per share.

Elders Secures Final Approvals for Killara Feedlot Divestment

Elders (ASX:ELD) said it has received all regulatory approvals required for the sale of Killara Feedlot to Australian Meat Group, with completion of the transaction expected on June 30, according to a Monday filing with the Australian bourse.The transaction was approved to proceed after receiving a "no objection" notice from the Treasurer under the Foreign Acquisitions and Takeovers Act 1975 on Monday, following clearance from the Australian Competition and Consumer Commission on May 22, the filing added.The company's shares rose around 2% in recent Monday trade.

Canaccord Genuity Downgrades Elders to Hold from Buy, Price Target is AU$5.34

Update: Elders Posts Lower Fiscal H1 Underlying Earnings, Higher Revenue; Shares Hit Over Eight-Year Low

(Updates to add stock movement in the headline and last paragraph)Elders (ASX:ELD) reported Monday fiscal first-half underlying earnings of AU$0.181 per share, down from AU$0.188 a year earlier.Revenue for the six months ended March 31 was AU$1.77 billion, compared with AU$1.34 billion a year earlier. Analysts surveyed by FactSet expected AU$1.8 billion.The board declared an interim dividend of AU$0.18 per share, unchanged from the prior corresponding period, payable June 25 to shareholders on record as of May 27.The company's shares plunged around 23% in recent Monday trade, hitting their lowest level since October 2017.

ASX Preview: Australian Shares Set to Fall on Escalating Middle East Conflict Fears; Elders Posts Lower Fiscal H1 Underlying Earnings, Higher Revenue

Australian shares are poised to fall on Monday as heightened Middle East tensions, including reported drone strikes near a nuclear facility in the United Arab Emirates and US-Iran warnings over escalation, raise fears of disruption to Gulf energy infrastructure and the Strait of Hormuz, pushing oil prices higher.In the macroeconomy, the Reserve Bank of Australia's final report on Project Acacia is due at 11:30 am Sydney time.In corporate news, Elders (ASX:ELD) reported Monday fiscal first-half underlying earnings of AU$0.181 per share on revenue of AU$1.77 billion, compared with underlying earnings of AU$0.188 on revenue of AU$1.34 billion a year earlier.ALS (ASX:ALQ) reported Monday fiscal year 2026 underlying earnings of AU$0.753 per share on revenue of AU$3.32 billion, compared with underlying earnings of AU$0.621 on revenue of AU$3 billion a year earlier.Australia's benchmark index fell 0.1% or 9.9 points to close at 8,630.80 on May 15.

Elders Posts Lower Fiscal H1 Underlying Earnings, Higher Revenue

Elders (ASX:ELD) reported Monday fiscal first-half underlying earnings of AU$0.181 per share, down from AU$0.188 a year earlier.Revenue for the six months ended March 31 was AU$1.77 billion, compared with AU$1.34 billion a year earlier. Analysts surveyed by FactSet expected AU$1.8 billion.The board declared an interim dividend of AU$0.18 per share, unchanged from the prior corresponding period, payable June 25 to shareholders on record as of May 27.

Elders to Sell Adjoining Sheep Stations in South Australia

Elders (ASX:ELD) has been appointed by Jumbuck Pastoral to sell adjoining sheep stations for house wool and sheep meat production in South Australia's Far North pastoral zone, the agribusiness company said in a statement on Monday.The 1.3 million-hectare assets comprise Commonwealth Hill, Mobella, and Bulgunnia, with a combined capacity for over 83,300 sheep, the company said.