Business · Week of Nov 2, 2026
Q3 results bring guidance raises and pending deals: week in business
Third-quarter 2026 reports from eight companies paired results with guidance changes, pending acquisitions, and dividends or buybacks.
Third-quarter 2026 earnings dominated the week. Several companies raised or reaffirmed their outlooks. Hecla Mining raised the low end of its 2026 silver production guidance, and Host Hotels & Resorts raised its full-year 2026 guidance. Brink's, Beyond Meat and Genco Shipping & Trading gave fourth-quarter figures or targets. Deals were a second thread. Brink's says it expects to close its NCR Atleos acquisition in early January 2027, and Victory Capital expects its First Eagle Investments deal to close by the end of the first quarter of 2027. Host bought two hotels after quarter end, and Charter's results were the first to include Cox Communications.
Several reports showed a gap between headline profit and adjusted measures. Host's GAAP net income fell 56.4% while Adjusted EBITDAre rose 8.8%. Brink's GAAP EPS fell 59% while non-GAAP EPS rose 18%. Charter's net loss was driven by a $6.3 billion franchise impairment, and Beyond Meat booked $57.1 million in impairments. Capital returns were also common. CF Industries repurchased $367 million of shares, Genco declared its 29th consecutive quarterly dividend, and Victory Capital returned $81 million to shareholders.
Hecla Mining Co/De/
Hecla Reports Third Quarter 2026 Results
Hecla Mining reported third-quarter 2026 revenue of $395 million, income from continuing operations of $150 million, or $0.22 per share, and what it calls record free cash flow of $151 million. It raised the low end of its 2026 silver guidance to 15.3 million ounces and will cut Keno Hill mill throughput to about 300 tons per day in the fourth quarter while it pursues permit amendments.
Host Hotels & Resorts, Inc.
HOST HOTELS & RESORTS, INC.
Host Hotels & Resorts reported comparable hotel RevPAR up 8.8% to $219.50, while GAAP net income fell 56.4% to $71 million, which the company attributes to lower gains on asset sales. After quarter end it acquired the 1 Hotel Brooklyn Bridge for $202 million and the Renaissance Dallas at Plano Legacy West Hotel for $172 million, and it raised full-year 2026 guidance to about 6.75% comparable RevPAR growth.
Beyond Meat, Inc.
For immediate release
Beyond Meat said third-quarter net revenues fell 8.1% to $64.5 million on a 10.9% volume decline, while gross margin rose to 19.3% from 7.4% and net loss narrowed to $82.8 million. The company guided fourth-quarter 2026 net revenues to approximately $54 million to $59 million, and per-share figures reflect a 1-for-30 reverse stock split effective August 13, 2026.
CF Industries Holdings, Inc.
CF Industries Holdings, Inc.
CF Industries reported third-quarter 2026 net earnings of $436 million, or $2.87 per diluted share, on net sales of $1.86 billion, with sales volumes 7% higher. It repurchased 3.0 million shares for $367 million, declared a $0.60 quarterly dividend, and expects Blue Point One ammonia production to begin in 2029 at a cost of approximately $3.7 billion.
Brinks Co
BRINKS CO
Brink's reported third-quarter revenue of $1,375 million, up 3%, with GAAP EPS down 59% to $0.35 and non-GAAP EPS up 18% to $2.46. Excluded costs included $45.7 million tied to the NCR Atleos acquisition, which the company now expects to close in early January 2027, and $26.6 million in incident-related losses including a precious metals robbery and a warehouse flood.
Charter Communications, Inc.
Charter Announces Third Quarter 2026 Results and Launches New Operating Model
Charter reported a third-quarter actual net loss of $2.4 billion, driven by a $6.3 billion franchise impairment charge, in its first results including Cox Communications. It announced a new operating model targeting $2 billion in annualized run-rate operating expense savings over 18 months, on top of more than $1 billion in anticipated Cox synergies, while pro forma Spectrum Internet customers fell by 233,000.
Genco Shipping & Trading Ltd
GENCO SHIPPING & TRADING LIMITED ANNOUNCES
Genco Shipping & Trading reported third-quarter net income of $38.0 million, compared with a net loss of $1.1 million a year earlier, as voyage revenues rose to $151.9 million. It declared a $1.05 per share dividend, its 29th consecutive quarterly payout, and reiterated a projected fourth-quarter dividend of greater than $1 per share.
Victory Capital Holdings, Inc.
Victory Capital Holdings, Inc.
Victory Capital reported revenue of $396.6 million, up 9.8% year over year, and GAAP net income of $91.3 million, with what it describes as record long-term net flows of $11.7 billion. The company says its acquisition of First Eagle Investments is expected to close by the end of the first quarter of 2027, and it declared a $0.50 quarterly dividend.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not Prime News Global reporting.