Business · Week of Nov 2, 2026
Guidance raises and telecom cost cuts: the week in Q3 earnings
Third-quarter earnings dominated: SharkNinja, Hagerty, Marriott Vacations and CPI raised outlooks, while Charter and TELUS took impairments and cut costs.
Third-quarter 2026 results made up the week's releases, and several companies raised full-year targets. SharkNinja lifted its net sales growth outlook to 18.0% to 19.0%, Hagerty raised its Net Income and Adjusted EBITDA ranges, Marriott Vacations Worldwide raised the midpoint of its contract sales and Adjusted EBITDA guidance, and CPI Card Group raised its revenue growth and Free Cash Flow guidance. Hecla Mining improved its silver cost guidance and raised the low end of its production range.
The two telecom operators reported large non-cash charges alongside new cost programs. Charter Communications booked a $6.3 billion franchise impairment and is targeting $2 billion in annualized run-rate operating expense savings over 18 months. TELUS took an $800 million goodwill impairment tied to TELUS Health and set an efficiency program targeting about $900 million in annualized cash savings exiting 2028. Deal-related items also shaped results: Brink's excluded NCR Atleos acquisition costs from non-GAAP figures and now expects that deal to close in early January 2027, while Hagerty's results reflected costs from its Markel Fronting Arrangement.
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 record free cash flow of $151 million. The company says it will cut Keno Hill mill throughput to about 300 tons per day in the fourth quarter while it pursues permit amendments, and it raised the low end of its 2026 silver production guidance to 15.3 million ounces.
Brinks Co
BRINKS CO
Brink's reported third-quarter 2026 revenue of $1,375 million, up 3%, with GAAP EPS down 59% to $0.35 and non-GAAP EPS up 18% to $2.46. The company now expects to close its acquisition of NCR Atleos in early January 2027, and it excluded $45.7 million of acquisition and transformation costs and $26.6 million of incident-related losses from non-GAAP results.

Charter Communications, Inc.
Charter Announces Third Quarter 2026 Results and Launches New Operating Model
Charter reported a third-quarter 2026 actual net loss attributable to shareholders of $2.4 billion, driven by a $6.3 billion franchise impairment, in its first results that include Cox Communications. It launched 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 Transactions synergies.

TELUS Corporation
TELUS Reports Third Quarter 2026 Results, Demonstrates Continued Discipline in Core Telecom; Advances Transformation Strategy
TELUS posted a third-quarter 2026 net loss of $660 million, driven by an $800 million non-cash goodwill impairment related to TELUS Health, and Adjusted EBITDA fell 5 per cent to $1.8 billion. The company announced an efficiency program targeting about $900 million in annualized cash savings exiting 2028 and says it is prioritizing the monetization of TELUS Health and TELUS Agriculture & Consumer Goods to reduce debt.
SharkNinja, Inc.
SharkNinja Reports Third Quarter 2026 Results
SharkNinja reported third-quarter 2026 net sales of $1,976.4 million, up 21.2%, and net income of $338.4 million, up 79.3%, with gross margin helped by $243.8 million in IEEPA duty refund claims. It raised its fiscal 2026 net sales growth outlook to 18.0% to 19.0% and expects Adjusted Net Income per diluted share of $6.65 to $6.75.

Hagerty
Hagerty Reports Third Quarter 2026 Results; Increases 2026 Growth Outlook
Hagerty reported third-quarter 2026 Net Income of $36 million and Adjusted EBITDA of $97 million, up 64%, while Total Revenue fell 9% to $354 million, which it attributes to the transition to the Markel Fronting Arrangement. The company raised full-year guidance to Net Income of $48 million–$60 million and Adjusted EBITDA of $305 million–$315 million.
MARRIOTT VACATIONS WORLDWIDE Corp
MARRIOTT VACATIONS WORLDWIDE Corp
Marriott Vacations Worldwide reported third-quarter 2026 contract sales up 29% to $565 million and net income attributable to common stockholders of $82 million, compared with a $2 million loss a year earlier. It raised the midpoint of its full-year guidance to $2,130 million in contract sales and $820 million in Adjusted EBITDA, including an estimated $16 million adverse impact from Hurricane Lowell.
CPI Card Group Inc.
CPI Reports Record Third Quarter 2026 Results
CPI Card Group reported third-quarter 2026 revenue up 15% to $158.4 million and net income up 117% to $5.0 million, with growth in all three segments. The company raised its 2026 outlook to low double-digit revenue growth and Free Cash Flow of $50 million to $55 million, and its Net Leverage Ratio fell to 2.6x from 3.6x.
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 Times Beats reporting.