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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.43Last Year’s EPS
0.2Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive strategic and operational picture: management delivered on production guidance, realized substantial cost savings and demonstrable deleveraging, and advanced a transformational merger with Teck that could create a major copper‑focused champion. Material negatives include two workplace fatalities, a significant impairment and ongoing market weakness at De Beers, operational incidents affecting steelmaking coal, and near‑term cost and grade headwinds at Collahuasi that lift 2026 unit costs. On balance, the positives—strong simplified portfolio performance, cash generation, portfolio monetizations (~$2.5bn realized) and merger progress—outweigh the negatives, though material execution and market risks remain (notably De Beers exit and remaining regulatory approvals).Company Guidance
Strategic Transformation and Merger Progress
Announced merger with Teck to form 'Anglo Teck' with major regulatory approvals secured (including Investment Canada Act) and completion targeted in ~12-18 months; $4.5 billion special dividend expected to be payable around completion.
Strong Simplified Portfolio Financials
Simplified (go‑forward) portfolio delivered $6.9 billion EBITDA (up 9% year‑on‑year), a 44% EBITDA margin (up 2 percentage points) and underlying earnings of $1.6 billion; revenue for continuing operations rose ~4% despite a 4% drop in production.
Delivered Cost‑Out Program
Delivered $0.6 billion incremental savings in 2025 (ahead of $0.5 billion target), bringing realized savings to $1.6 billion of a committed $1.8 billion program; remaining ~$0.2 billion expected in 2026.
Deleveraging and Cash Generation
Net debt reduced by $2.0 billion to $8.6 billion (net debt/EBITDA 1.3x; excluding shareholder loans net debt $6.8 billion); sustaining attributable free cash flow of $1.4 billion and working capital inflow of $0.6 billion driven by inventory reduction at De Beers.
Operational Delivery in Copper and Iron Ore
Copper and premium iron ore met 2025 production guidance; Quellaveco throughput exceeded design and is positioned to produce ~300,000 tpa copper; short‑term lower‑risk growth of ~125,000 tpa copper expected as stripping at Collahuasi and Donoso 2 ramp up.
Capital Efficiency and Reduced CapEx
Continuing operations CapEx fell 16% to $3.3 billion (simplified portfolio CapEx ~$3.0 billion); 3‑year simplified portfolio CapEx guidance $2.6–3.1 billion per year and sustaining CapEx long‑term ~ $2 billion p.a.
Head Office Transformation and Productivity Actions
Head office transformation completed with a 21% headcount reduction; ongoing focus on embedding a cost culture and operational accountability to improve efficiency and drive further savings.
Portfolio Optimization Realized Proceeds
PGMs demerger and sell‑downs (Valterra residual 19.9% stake) raised ~ $2.5 billion, materially aiding deleveraging; sale processes underway for steelmaking coal, nickel (deal with MMG up to $0.5 billion) and an advanced, responsible exit process for De Beers.
Safety Metrics Improving (Despite Fatalities)
Total recordable injury frequency reached the lowest on record, with frequency rates down ~20% year‑on‑year, demonstrating progress in safety systems and frontline engagement (company reiterates zero harm goal).
NGLOY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NGLOY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 19, 2026 | $24.72 | $24.00 | -2.92% |
Jul 31, 2025 | $14.75 | $14.14 | -4.13% |
Feb 20, 2025 | $14.42 | $14.84 | +2.89% |
Jul 25, 2024 | $13.68 | $13.90 | +1.60% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Anglo American (NGLOY) report earnings?
Anglo American (NGLOY) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Anglo American (NGLOY) earnings time?
Anglo American (NGLOY) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NGLOY EPS forecast?
NGLOY EPS forecast for the fiscal quarter 2026 (Q2) is 0.43.