South32 Bull Expects 1H Cash Flow Will Miss Expectations -- Market Talk

Dow Jones

02/11

0145 GMT - While South32's 1H earnings and dividend should be in line with consensus, cash flow is likely to miss expectations, according to Macquarie. The bank estimates 1H operating cash flow of US$592 million, 7% below the Visible Alpha consensus. It says that is "largely from a combination of differences in working capital, tax, and EIA [earn-in agreement] distributions." South32's FY 2026 guidance is on track, says Macquarie. In 2H, drivers for the stock include a new CEO and chair, "positioning the company for further cost-out/performance simplification initiatives," Macquarie says. An extension at Mozal, which is due to close, could also present upside, it says. Macquarie has an outperform rating and A$4.80 target on South32. The stock is up 0.9% at A$4.63. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

February 10, 2026 20:45 ET (01:45 GMT)

应版权方要求，你需要登录查看该内容

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2610605940"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2610605940\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2610605940?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-11 09:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2610605940","market":"sg","top_or_hot":-1,"title":"South32 Bull Expects 1H Cash Flow Will Miss Expectations -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0145 GMT - While South32's 1H earnings and dividend should be in line with consensus, cash flow is likely to miss expectations, according to <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a>. The bank estimates 1H operating cash flow of US$592 million, 7% below the Visible Alpha consensus. It says that is \"largely from a combination of differences in working capital, tax, and EIA [earn-in agreement] distributions.\" South32's FY 2026 guidance is on track, says Macquarie. In 2H, drivers for the stock include a new CEO and chair, \"positioning the company for further cost-out/performance simplification initiatives,\" Macquarie says. An extension at Mozal, which is due to close, could also present upside, it says. Macquarie has an outperform rating and A$4.80 target on South32. The stock is up 0.9% at A$4.63. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 10, 2026 20:45 ET (01:45 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>South32 Bull Expects 1H Cash Flow Will Miss Expectations -- 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\">\nSouth32 Bull Expects 1H Cash Flow Will Miss Expectations -- 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\">2026-02-11 09:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0145 GMT - While South32's 1H earnings and dividend should be in line with consensus, cash flow is likely to miss expectations, according to <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a>. The bank estimates 1H operating cash flow of US$592 million, 7% below the Visible Alpha consensus. It says that is \"largely from a combination of differences in working capital, tax, and EIA [earn-in agreement] distributions.\" South32's FY 2026 guidance is on track, says Macquarie. In 2H, drivers for the stock include a new CEO and chair, \"positioning the company for further cost-out/performance simplification initiatives,\" Macquarie says. An extension at Mozal, which is due to close, could also present upside, it says. Macquarie has an outperform rating and A$4.80 target on South32. The stock is up 0.9% at A$4.63. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 10, 2026 20:45 ET (01:45 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":"S32.AU","symbol_name":"SOUTH32 LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2610605940","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610605940","pubTimestamp":1770774300,"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":"0145 GMT - While South32's 1H earnings and dividend should be in line with consensus, cash flow is likely to miss expectations, according to Macquarie. The bank estimates 1H operating cash flow of US$592 million, 7% below the Visible Alpha consensus. It says that is \"largely from a combination of differences in working capital, tax, and EIA [earn-in agreement] distributions.\" South32's FY 2026 guidance is on track, says Macquarie. In 2H, drivers for the stock include a new CEO and chair, \"positioning the company for further cost-out/performance simplification initiatives,\" Macquarie says. An extension at Mozal, which is due to close, could also present upside, it says. Macquarie has an outperform rating and A$4.80 target on South32. The stock is up 0.9% at A$4.63. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"S32.AU":"SOUTH32 LTD","BK7095":"多种金属与采矿","BK7507":"资源股"},"translate_title":"South32 Bull预计上半年现金流将低于预期——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"S32.AU":0.9},"content_text":"0145 GMT - While South32's 1H earnings and dividend should be in line with consensus, cash flow is likely to miss expectations, according to Macquarie. The bank estimates 1H operating cash flow of US$592 million, 7% below the Visible Alpha consensus. It says that is \"largely from a combination of differences in working capital, tax, and EIA [earn-in agreement] distributions.\" South32's FY 2026 guidance is on track, says Macquarie. In 2H, drivers for the stock include a new CEO and chair, \"positioning the company for further cost-out/performance simplification initiatives,\" Macquarie says. An extension at Mozal, which is due to close, could also present upside, it says. Macquarie has an outperform rating and A$4.80 target on South32. The stock is up 0.9% at A$4.63. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 10, 2026 20:45 ET (01:45 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":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}