Earnings calls of companies listed in the United States ·
US-listed company earnings calls, November 2026: CVS, Grainger and Novo Nordisk raise outlooks
CVS Health said it raised its fiscal year 2026 adjusted earnings per share (EPS) guidance to at least $8.20. W.W. Grainger and Novo Nordisk also said they raised 2026 outlooks on calls in early November 2026.
An update from FactIQ, written from company statements in earnings calls of companies listed in the United States. What is FactIQ?
Key figures
- CVS Health, adjusted earnings per share guidance, fiscal year 2026
- at least $8.20stated by the chief financial officer; $0.20 above the midpoint of the previous outlook
- W.W. Grainger, diluted adjusted earnings per share outlook, fiscal year 2026
- $47-$48stated by the chief financial officer; raised outlook
- Novo Nordisk, adjusted sales growth guidance, fiscal year 2026, at constant exchange rates
- -2% to +2%stated by the chief financial officer; raised guidance
- Datadog, revenue, third quarter of fiscal year 2026
- $1.197 billionstated by the chief financial officer; up 35% year over year
Several companies said they raised their outlooks for fiscal year 2026
- CVS Health: the chief financial officer said the company raised its fiscal year 2026 adjusted earnings per share (EPS) guidance to at least $8.20, $0.20 above the midpoint of its previous outlook. CVS Health also raised its total revenue outlook to at least $420 billion. It raised its fiscal year 2027 EPS floor from $8.44 to $8.65.
- W.W. Grainger: the chief financial officer said the company raised its fiscal year 2026 outlook to diluted adjusted EPS of $47-$48. It expects daily organic constant currency sales growth of 13%-14.5%. Constant currency means excluding the effect of exchange-rate changes.
- Novo Nordisk: the chief financial officer said the company raised its fiscal year 2026 adjusted sales growth guidance to -2% to +2% at constant exchange rates. Its improved free cash flow outlook is DKK 60 billion to DKK 70 billion, in Danish kroner.
- Cenovus Energy: the chief financial officer said the company raised its fiscal year 2026 production expectation to over 1 million barrels of oil equivalent per day.
Technology companies reported growth in the third quarter of fiscal year 2026
- Datadog: the chief financial officer said revenue was $1.197 billion, up 35% year over year.
- Uber: the chief financial officer said the company delivered mid-30% EPS growth. Uber guides to 37% year-on-year non-GAAP EPS growth at the midpoint for the fourth quarter. Non-GAAP means not following generally accepted accounting principles.
Several companies said they will give 2027 guidance later
- CVS Health expects to provide formal fiscal year 2027 guidance on its fourth-quarter call early next year.
- Suncor Energy expects to provide fiscal year 2027 guidance in about a month. It increased monthly share buybacks from CAD 500 million to CAD 750 million, in Canadian dollars.
- Diamondback Energy expects to provide its formal 2027 plan in February 2027.
Other companies updated plans and targets
- McDonald's: the chief financial officer said the company now expects 2,500 gross restaurant openings in fiscal year 2026, below its 2,600 target.
- Cencora: the chief financial officer said the company expects adjusted diluted EPS of approximately $4.55 in the first quarter of fiscal year 2027.
- Itaú Unibanco: the chief executive said its fiscal year 2026 effective tax-rate guidance was revised down from 29.5%–32.5% to 28%–29%.
Source: Earnings calls of companies listed in the United States.