Earnings calls of companies listed in the United States ·
US earnings calls, late October 2026: several companies raise fiscal 2026 guidance
Garmin, L3Harris, Marriott and Public Storage said they raised fiscal year 2026 guidance on calls held October 26 to November 2, 2026. Garmin said it now anticipates revenue of $8.15 billion.
An update from FactIQ, written from company statements in earnings calls of companies listed in the United States. What is FactIQ?
Key figures
- Garmin, expected revenue, fiscal year 2026
- $8.15 billionstated by the chief executive; $100 million above prior guidance and 12% above fiscal year 2025
- L3Harris Technologies, earnings per share guidance, fiscal year 2026
- $12.25-$12.35stated by the chief financial officer; raised from $11.80-$12
- Xcel Energy, five-year capital forecast
- $70 billionstated by the chief financial officer; revised forecast
- Baker Hughes, expected revenue, fourth quarter of fiscal year 2026
- $8.25 billionstated by the chief financial officer; with adjusted EBITDA of $1.46 billion
Four companies said they raised their full-year 2026 outlook
- Garmin: the chief executive said Garmin now anticipates fiscal year 2026 revenue of $8.15 billion, $100 million above prior guidance and 12% above fiscal year 2025. Garmin expects pro forma earnings per share (EPS), profit divided by the number of shares, of $10.80, up $0.80 from prior guidance. The chief financial officer said operating margin guidance increased to approximately 29%.
- L3Harris Technologies: the chief financial officer said it increased fiscal year 2026 revenue guidance to $23.5 billion-$23.7 billion. It raised EPS guidance to $12.25-$12.35 from $11.80-$12.
- Marriott International: the chief financial officer said it raised fiscal year 2026 global revenue per available room (RevPAR) growth guidance to 4.5%-5%. It now expects capital returns to shareholders of at least $4.8 billion.
- Public Storage: the chief financial officer said it raised fiscal year 2026 core funds from operations (FFO), an earnings measure used by real estate companies, guidance by $0.10, or 0.6%, to $16.90-$17.10 per share.
Utilities pointed to growth beyond 2026
- Xcel Energy said it narrowed its fiscal year 2026 ongoing EPS guidance to $4.10–$4.16 per share. It revised its five-year capital forecast to $70 billion. It expects average EPS growth of 9% or more through 2031.
- Entergy said it raised the bottom of its 2026 adjusted EPS guidance range by $0.10 while narrowing the range. It expects an adjusted EPS growth trajectory above 8% beyond fiscal year 2026.
- Dominion Energy said it now expects fiscal year 2026 results in the top half of its original guidance range. It continues to expect the NextEra transaction to close in the second half of 2027.
Other companies gave fourth-quarter and segment forecasts
- Baker Hughes said it expects fourth-quarter fiscal year 2026 revenue of $8.25 billion and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $1.46 billion.
- eBay forecast fourth-quarter fiscal year 2026 consolidated revenue of $3.19 billion to $3.24 billion.
- PACCAR said it anticipates fourth-quarter fiscal year 2026 truck deliveries of 41,000-43,000 trucks.
- CRH said it updated fiscal year 2026 guidance to adjusted EBITDA of $7.8-$8.0 billion.
- Monolithic Power Systems said it raised its enterprise data year-over-year growth floor from 130% to 150%.
Source: Earnings calls of companies listed in the United States.