October 2026 — page 3
ADP Raises Fiscal 2027 Revenue and Adjusted EPS Outlook
First-quarter revenue reached $5.5 billion as the company lifted full-year revenue growth to about 6% and adjusted diluted EPS growth to 10% to 12%.
Cencora to Buy American Oncology Network at $2.4 Billion Enterprise Value
The pharmaceutical solutions company said the oncology MSO purchase will expand its physician-led platform and support of care in communities nationwide.
Alector Licenses AL050 to Genentech for $100 Million Upfront
The biotech grants Genentech exclusive worldwide rights to its brain-penetrant GCase enzyme replacement therapy while keeping ownership of the ABC platform.
Global Markets Sales and Trading Falls After Second-Quarter Surge
Sales and trading revenue was $5.1 billion in the third quarter, down 5% from a year earlier after 33% year-over-year growth in the second quarter.
Western New England Reverses Credit Losses After CRE Charge-Off
Net income was $6.3 million, or $0.32 a share, as the bank booked a $971,000 credit-loss reversal after a $1.8 million June CRE participation charge-off.
Welltower Raises 2026 Outlook After Third-Quarter FFO
Normalized FFO attributable to common stockholders was $1.67 a share, up 24.6% from a year earlier, as the company lifted full-year earnings guidance.
S&P Global Raises 2026 Revenue Growth Outlook
Third-quarter continuing-operations revenue was $3.678 billion, up 7%, as the company lifted full-year growth guidance and opened a Capital IQ review.
SL Green Lifts 2026 FFO Outlook After Hospitality JV Sale
The Manhattan office REIT raised full-year FFO guidance to $6.50–$6.70 a share after projecting $1.10 a share of incremental income from a 20% hospitality joint-venture interest sold in October.
Sherwin-Williams Revises 2026 Earnings Outlook After Profit Decline
Diluted earnings were $3.38 a share in the third quarter as net income fell 1.5% to $821.0 million.
Royal Caribbean Raises Full-Year Adjusted EPS After Third-Quarter Beat
Third-quarter Adjusted EPS was $6.57, and the company now expects full-year Adjusted EPS of $17.85 to $17.95 after a $5.6 billion revenue quarter.
Rocky Brands Extends Double-Digit Sales Growth
Net sales reached $138.8 million in the third quarter, up 13.3% from a year earlier, as wholesale and retail both posted double-digit gains.
Ribbon's Third-Quarter Sales Rebound Extends Into Profit
Revenue reached $219 million, up 14% from the second quarter, as GAAP operating income swung to $6 million and Adjusted EBITDA more than doubled.
Phillips Edison Raises 2026 Guidance After NOI Growth Accelerates
Same-center NOI rose 5.3% in the third quarter, and the company lifted full-year Core FFO guidance to $2.75–$2.79 a share.
Ohio Valley Banc Lifts Third-Quarter Profit on Loan Growth
Net income rose 8.7% to $3.295 million, or $.70 a share, as net interest income increased $1.271 million.
Norwood Extends Record Net Interest Income Streak
Net interest income hit a record $28.0 million in the third quarter as the fully taxable-equivalent margin reached 4.01%.
Nucor Mills Earnings Rise After Refund Fades
Net sales reached $11.25 billion in the third quarter as mills posted $1.79 billion of pre-tax earnings.
NRC Health Restores Profit After Second-Quarter Loss
Third-quarter revenue reached $38.4 million, up 11% from a year earlier, and GAAP net income was $4.7 million, or $0.21 a share.
Nautilus Biotechnology Posts Wider Third-Quarter Loss
The proteomics developer reported a $15.6 million net loss and $114.3 million of cash, cash equivalents and investments as it advanced a twenty-assay proteoform pipeline.
Kilroy Realty's Leasing Volume Rebounds After a Slow Quarter
The office REIT signed about 815,000 square feet in the third quarter, lifting leased occupancy to 83.0% and widening the signed-but-uncommenced pipeline to 610 basis points.
Johnson Controls Backlog Reaches Record $23.0 Billion
Fourth-quarter sales were $7.1 billion and organic orders rose 44% as the company initiated fiscal 2027 guidance.
ITW Lifts 2026 Earnings Outlook After Record Operating Income
Illinois Tool Works raised full-year GAAP EPS guidance to a $11.45-to-$11.55 range after third-quarter operating income of $1.18 billion.
Hartford Core Earnings Reverse After a Year-Over-Year Rise
Core earnings were $956 million, or $3.50 a share, down 6% from a year earlier after a 1% increase in the second quarter.
Corning Posts Fastest Core Sales Growth Since Springboard
Core sales reached $5.08 billion, up 19%, as Optical Communications grew 44% and the company issued a fourth-quarter core sales range of $5.2 billion to $5.3 billion.
Franklin Financial's Third-Quarter Profit Rises 59%
Net interest income reached $20.2 million as the annualized net interest margin expanded 8 bps to 3.58%.
Centene Raises 2026 Adjusted Earnings Floor After Third-Quarter Loss
Adjusted diluted earnings were $0.58 a share as the company lifted the 2026 adjusted EPS floor to greater than $5.20.
Cincinnati Financial Restores Third-Quarter Operating Income
Non-GAAP operating income was $443 million, or $2.86 a share, as the property casualty combined ratio improved to 90.9% from 100.8% in the second quarter.
CF Bankshares Extends Net Interest Margin Expansion
Net interest income was $14.9 million in the third quarter as the margin reached 2.96% and net income was $6.0 million.
Cadence Raises 2026 Growth Outlook Again
Third-quarter revenue was $1.633 billion as the company lifted full-year growth to 21% and non-GAAP EPS to $8.40.
Blackstone Cuts Dividend as Distributable Earnings Fall
Distributable earnings were $1.7 billion, or $1.32 a share, after $63.3 billion of inflows lifted assets under management to $1.37 trillion.
Brixmor Lifts 2026 FFO Outlook After Record Occupancy
Nareit FFO was $184.6 million, or $0.60 a share, as leased occupancy reached a record 95.6% and the company raised full-year FFO guidance to $2.36–$2.38 a share.
American Tower Raises 2026 Property Revenue Outlook
Third-quarter property revenue reached $2,734 million as the company lifted the full-year midpoint by $55 million on Data Centers outperformance.
Alaska Air's Unit Revenue Growth Accelerates
Operating revenue rose 14% to $4.3 billion as RASM growth picked up to 11.7% and GAAP pretax margin reached 0.4%.
Acme United's Third-Quarter Sales Growth Accelerates
Net sales reached $58.0 million, up 18%, while net income rose 80% to $3.4 million, or $0.80 a share.
Cencora to Buy American Oncology Network in $2.4 Billion Deal
Cencora said the oncology MSO purchase will expand its physician-led specialty platform and support of care in communities across the country.
Alector Grants Genentech Rights to AL050
The biotech licenses its brain-penetrant GCase therapy for a $100 million upfront payment plus up to $1.17 billion in milestones and tiered royalties.
AT&T And Verizon Grow Customers And Lift EPS Outlooks
Customer gains accompanied higher adjusted earnings and stronger annual adjusted EPS outlooks at AT&T and Verizon.
Railroads Gain Freight Volume And Revenue
CSX, Norfolk Southern and Union Pacific reported stronger third-quarter demand, but margin performance diverged.
Defense Ramps Offer Cash Protection Before Proven Returns
Lockheed Martin and RTX describe customer support for munitions investment, while Northrop expects operating and tax offsets to absorb heavier B-21 spending.
Verizon Lifts 2026 Postpaid Adds Outlook to 1.1 Million to 1.2 Million
Third-quarter postpaid phone net additions reached 406,000, more than doubling the prior quarter, and the company raised full-year 2026 guidance for a third straight period.
HBT Financial's Net Interest Margin Expansion Slows
The Illinois regional's net interest margin rose 3 bps to 4.35% after a 12 bps gain in the second quarter, as net interest income reached $70.3 million.
Flexsteel Extends Sales Growth Streak as Homestyles Exit
First-quarter sales reached $114.0 million, up 3.2%, while GAAP operating income fell to $6.9 million, or 6.0% of sales.
Citizens Community Restores Profit After Credit-Loss Spike
Net interest income rose $1.0 million to $14.5 million as the margin widened 15 bps and the provision collapsed to $0.13 million.
Clearwater Adjusted EBITDA Turns Positive After Augusta Disruption
Adjusted EBITDA from continuing operations was $24 million in the third quarter, after negative $8 million in the second quarter.
C&F Financial's Net Interest Margin Widens to 4.53%
The Virginia community-bank holding company reported $8.3 million of third-quarter net income, or $2.55 a share, as the FTE margin expanded 12 bps from the second quarter.
CB Financial Extends Net Interest Income Gains
Net interest and dividend income rose 14.5% to $15.0 million in the third quarter as GAAP NIM reached 3.75%.
Blue Ridge Pre-Provision Income Rises After Hydroponic Charge-Off
Adjusted pre-tax earnings were $5.3 million in the third quarter as net interest income reached $17.4 million and net interest margin widened 17 bps.
Bank of Hawaii Extends Net Interest Margin Expansion
The margin reached 2.82% in the third quarter as net interest income rose 1.6% to $156.1 million and the board later added $200 million of buyback authority.
Avidbank's Temporary Deposit Lifts Net Interest Income
Net interest income rose to $28.7 million as a $270 million client deposit lifted cash, while the net interest margin compressed 19 bps to 4.07%.
Acumen Narrows Sabirnetug Phase 2 Readout to November
Cash, cash equivalents and marketable securities stood at $78.6 million as of September 30, 2026, down from $110.2 million at June 30.
Worthington Steel Signs Kloeckner Domination Pact
The metals processor signed a German DPLTA that would give it full legal control of Kloeckner after a June takeover offer.