Propel Funeral Keeps Bull Despite Declining Volumes -- Market Talk

Dow Jones

Jun 09

0109 GMT - Propel Funeral Partners keeps its bull at Bell Potter despite a third consecutive year of volume declines. The Australian funeral provider's annual revenue and earnings guidance fell short of analyst Chami Ratnapala's expectations. She had been less optimistic than consensus but keeps a buy rating on the stock. Looking past the softness in demand, Ratnapala says cost growth was broadly in line with her forecast, while gross margins were marginally higher. Looking ahead, she flags demographic tailwinds from an ageing baby boomer population as a sizable catalyst to the death rate from 2027 onwards. Bell Potter cuts its target price by 36% to 3.80 Australian dollars. Shares are down 2.8% at A$3.10. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

June 08, 2026 21:09 ET (01:09 GMT)

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The Australian funeral provider's annual revenue and earnings guidance fell short of analyst Chami Ratnapala's expectations. She had been less optimistic than consensus but keeps a buy rating on the stock. Looking past the softness in demand, Ratnapala says cost growth was broadly in line with her forecast, while gross margins were marginally higher. Looking ahead, she flags demographic tailwinds from an ageing baby boomer population as a sizable catalyst to the death rate from 2027 onwards. Bell Potter cuts its target price by 36% to 3.80 Australian dollars. Shares are down 2.8% at A$3.10. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 08, 2026 21:09 ET (01:09 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Propel Funeral Keeps Bull Despite Declining Volumes -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPropel Funeral Keeps Bull Despite Declining Volumes -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-09 09:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0109 GMT - <a href=\"https://laohu8.com/S/PFPLF\">Propel Funeral Partners</a> keeps its bull at Bell Potter despite a third consecutive year of volume declines. The Australian funeral provider's annual revenue and earnings guidance fell short of analyst Chami Ratnapala's expectations. She had been less optimistic than consensus but keeps a buy rating on the stock. Looking past the softness in demand, Ratnapala says cost growth was broadly in line with her forecast, while gross margins were marginally higher. Looking ahead, she flags demographic tailwinds from an ageing baby boomer population as a sizable catalyst to the death rate from 2027 onwards. Bell Potter cuts its target price by 36% to 3.80 Australian dollars. Shares are down 2.8% at A$3.10. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 08, 2026 21:09 ET (01:09 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7120","symbol_name":"特殊消费者服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2642458098","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2642458098","pubTimestamp":1780967340,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0109 GMT - Propel Funeral Partners keeps its bull at Bell Potter despite a third consecutive year of volume declines. The Australian funeral provider's annual revenue and earnings guidance fell short of analyst Chami Ratnapala's expectations. She had been less optimistic than consensus but keeps a buy rating on the stock. Looking past the softness in demand, Ratnapala says cost growth was broadly in line with her forecast, while gross margins were marginally higher. Looking ahead, she flags demographic tailwinds from an ageing baby boomer population as a sizable catalyst to the death rate from 2027 onwards. Bell Potter cuts its target price by 36% to 3.80 Australian dollars. Shares are down 2.8% at A$3.10. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7120":"特殊消费者服务","PFP.AU":"PROPEL FUNERAL PARTNERS LTD"},"translate_title":"尽管销量下降，Propel葬礼仍保持牛市——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PFP.AU":0.9},"content_text":"0109 GMT - Propel Funeral Partners keeps its bull at Bell Potter despite a third consecutive year of volume declines. The Australian funeral provider's annual revenue and earnings guidance fell short of analyst Chami Ratnapala's expectations. She had been less optimistic than consensus but keeps a buy rating on the stock. Looking past the softness in demand, Ratnapala says cost growth was broadly in line with her forecast, while gross margins were marginally higher. Looking ahead, she flags demographic tailwinds from an ageing baby boomer population as a sizable catalyst to the death rate from 2027 onwards. Bell Potter cuts its target price by 36% to 3.80 Australian dollars. Shares are down 2.8% at A$3.10. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 08, 2026 21:09 ET (01:09 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}