US earnings calls, Oct 27–Nov 3, 2026: many companies raise fiscal 2026 outlooks

Apple expects its next quarter to be its best for revenue

The chief financial officer of Apple said Apple expects total-company revenue to grow 7% to 10% year over year in the first quarter of fiscal year 2027, the December quarter. The chief financial officer said this reflects Apple's best view of constrained supply. Apple expects that quarter to be the best quarter for revenue in company history. Apple expects services revenue to grow 8% to 9%. The chief financial officer gave a gross margin outlook of 45%–46% of revenue. Apple expects operating expenses to grow 11%-13%, driven by research and development, particularly in artificial intelligence.

Several large companies raised their fiscal year 2026 guidance

• Palantir raised its fiscal year 2026 revenue guidance to $8.530–$8.534 billion, which the chief financial officer said means 91% year-over-year growth. It raised its US commercial revenue guidance to more than $3.559 billion.
• Ford raised the low end of its fiscal year 2026 adjusted EBIT (earnings before interest and taxes) guidance and now expects $10.5 billion to $11 billion, the chief executive said.
• PayPal raised its fiscal year 2026 guidance to approximately $15.7 billion in transaction margin dollars and approximately $5.60 in non-GAAP EPS. Non-GAAP earnings per share (EPS) exclude some items counted under standard US accounting rules.
• Vertex Pharmaceuticals raised its fiscal year 2026 total revenue guidance from $13.1 billion-$13.2 billion to $13.15 billion-$13.25 billion.

Other companies also lifted or narrowed their outlooks

• IDEXX Laboratories raised its fiscal year 2026 revenue outlook to $4.741 billion-$4.767 billion.
• Honeywell Aerospace raised its fiscal year 2026 pro forma standalone adjusted EPS guidance to $7.85–$8 per share.
• Ventas raised its fiscal year 2026 normalized FFO (funds from operations, a profit measure used by property companies) guidance to $3.87–$3.90 per share.
• Realty Income raised its fiscal year 2026 AFFO (adjusted funds from operations) per-share guidance to $4.45-$4.46.
• Exelon narrowed its fiscal year 2026 adjusted operating earnings guidance to $2.85-$2.91 per share.
• Vale said it expects fiscal year 2026 copper and nickel production to reach the upper half of guidance, and iron ore production at the low end.