The Tip Desk

October 2026 — page 3

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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%.
Earnings · October 28, 2026

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.
Deals · October 28, 2026

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.
Deals · October 28, 2026

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.
Global Banks · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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%.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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%.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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%.
Earnings · October 27, 2026

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.
Earnings · October 27, 2026

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.
Deals · October 27, 2026

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.
Deals · October 27, 2026

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.
Peer Earnings Note · October 27, 2026

Railroads Gain Freight Volume And Revenue

CSX, Norfolk Southern and Union Pacific reported stronger third-quarter demand, but margin performance diverged.
Peer Earnings Note · October 27, 2026

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.
Peer Earnings Note · October 27, 2026

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.
Earnings · October 26, 2026

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.
Earnings · October 26, 2026

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.
Earnings · October 26, 2026

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.
Earnings · October 26, 2026

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.
Earnings · October 26, 2026

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.
Earnings · October 26, 2026

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%.
Earnings · October 26, 2026

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.
Earnings · October 26, 2026

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.
Earnings · October 26, 2026

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%.
Earnings · October 26, 2026

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.
Earnings · October 26, 2026

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.
Deals · October 26, 2026