Cleveland-Cliffs, North America's largest flat-rolled steel producer, is trading at a discount despite recent EBITDA growth and strong automotive contracts. The company's future upside depends on contract resets and undisclosed Stelco earnings, but analysts may overestimate 2027 free cash flow by including uncertain contributions. Management focuses on reducing debt rather than shareholder returns, with buybacks paused and all free cash flow aimed at lowering leverage below 2.5 times. Given risks from high leverage, steel price uncertainty, and no immediate returns to shareholders, the stock is considered a buy only at around $11 per share, not at $15.
Partners Group reported a 13% decline in first-half 2026 profit to CHF 502 million, driven by a 39% drop in performance income despite a 6% rise in management income. Revenue fell 7% to CHF 1.12 billion, affected by weaker performance income and curr...
Bunzl PLC reported stronger-than-expected financial results with an EPS of $0.60, surpassing the $0.56 consensus. Revenue reached $8.04 billion, driven by a 3.2% underlying growth, especially in North America. The operating margin improved to 7.3%, p...
Palo Alto Networks is set to report strong earnings per share (EPS) of $0.98 and revenue of $3.35 billion for the upcoming quarter, reflecting significant growth from last year. Investor optimism is driven by robust cybersecurity sector trends and a ...
Medtronic reported Q3 earnings per share of $1.45, surpassing estimates of $1.39, and revenue of $9.76 billion, above the $9.55 billion consensus. The strong financial results reflect broad demand for its cardiovascular devices. The company raised it...
Dell Technologies is expected to report record second-quarter earnings with EPS around $4.91 and revenue near $44.89 billion, fueled by high demand for its AI-optimized servers. This would mark a significant increase from last year's $29.78 billion a...
