Capital Allocation

HOUSTON – October 29, 2026 -- Quanta Services (NYSE: PWR) reported record third-quarter revenue of $12.01 billion, up from $7.63 billion a year earlier, and raised its full-year 2026 outlook across all metrics.

Earnings per share nearly double year over year

Net income attributable to common stock rose to $694.9 million, or $4.55 per diluted share, from $339.4 million, or $2.24 per share, in the third quarter of 2025. Adjusted diluted EPS reached $6.06 against $3.33 a year earlier. Adjusted EBITDA came in at $1.4 billion.

Cash flow from operations was $1.5 billion and free cash flow was $1.2 billion. Quanta flagged revenue, EBITDA, EPS and cash flow as record quarterly or record third-quarter results.

AUSTIN – October 29, 2026 -- Oracle set a fiscal 2030 target of $225 billion or more in total revenue, a compound annual growth rate above 35% from FY26, and committed to limiting new capital market funding to $20 billion through FY30. Co-CEOs Clay Magouryk and Mike Sicilia and CFO Hilary Maxson presented the updated medium-term guidance at the company's Investor Day in Las Vegas.

Oracle targets 40% non-GAAP operating margin and $21 EPS in FY30

Beyond the revenue goal, Oracle guided to a non-GAAP operating margin of 40% or higher and non-GAAP earnings per share of $21 or more in FY30. The company said each of its three business models, cloud infrastructure, database and applications, is expected to generate strong profitability and free cash flow.

RICHMOND – October 29, 2026 -- Markel Group Inc. (NYSE: MKL) reported third-quarter adjusted operating income of $707 million, up 14% from $621 million a year earlier, as its insurance and industrial units improved profitability.

Operating revenues rose 6% in the quarter and 2% year to date. Operating income, which includes market movements in the equity portfolio, was $383 million for the quarter and $1.7 billion for the nine months.

Nine-month adjusted operating income slips 2% to $1.6 billion

Adjusted operating income excludes equity portfolio market movements. For the first nine months it totaled $1.6 billion, down 2% from $1.7 billion in the same period of 2025, so the third-quarter gain only partly offset earlier weakness.

SUSSEX, Wis. – October 29, 2026 -- Quad/Graphics (NYSE: QUAD) raised the midpoint of its full-year 2026 Adjusted Annual Net Sales Change guidance from -3% to -2%, after third-quarter Net Sales of $587 million held essentially flat against $588 million a year earlier.

Adjusted Diluted Earnings Per Share rose 13% to $0.35 from $0.31. Net Earnings fell to $6 million, or $0.11 per diluted share, from $10 million, or $0.21, on higher restructuring, impairment and transaction-related charges, net.

Quad narrows EBITDA and free cash flow guidance within original ranges

Besides the sales change, the company narrowed Adjusted EBITDA and Free Cash Flow guidance within its original ranges. It maintained its year-end 2026 Net Debt Leverage Ratio target at approximately 1.5x.

TORONTO – October 29, 2026 -- Agnico Eagle Mines reported third-quarter 2026 net income of $1,353 million ($2.67 per share) and free cash flow of $852 million ($1.68 per share), driven by a realized gold price of $4,264 per ounce.

Adjusted net income was $1,324 million, or $2.62 per share. Cash provided by operating activities reached $1,755 million, or $3.47 per share.

Payable gold output of 814,012 ounces comes with costs above full-year guidance ranges

Production costs were $1,193 per ounce, total cash costs were $1,133 per ounce and all-in sustaining costs (AISC) were $1,648 per ounce. Detour Lake, Fosterville and Kittila led operations.

Full-year payable production is still expected near the lower end of the 3.3 to 3.5 million ounce guidance range. The company attributes this to the adjusted mine plan for the Barnat open pit at Canadian Malartic after the rock mass movement reported on July 2, 2026.

HOUSTON – October 29, 2026 -- Core Laboratories (NYSE: CLB) posted third-quarter 2026 revenue of $132.1 million, up 6% sequentially and down 2% year over year, as international demand lifted both operating segments.

Ex-items operating income climbs 35% sequentially but trails last year by 24%

GAAP operating income was $12.1 million, and GAAP earnings per diluted share were $0.12. Operating income excluding items reached $12.6 million, up 35% sequentially and down 24% year over year. That yielded a 10% operating margin and sequential incremental margins of 43%. EPS excluding items was $0.16, up 46% from the prior quarter and down 27% from a year earlier.

CEO Larry Bruno cited growth in Europe-Africa, Asia-Pacific, Latin America and the Middle East, and described a "gradual improvement" in Middle East activity late in the quarter. He said geopolitical conflicts in the Middle East and Russia-Ukraine still weigh on parts of the business.

PHOENIX – October 29, 2026 -- Honeywell Aerospace (Nasdaq: HONA) raised its full-year 2026 pro forma standalone adjusted earnings per share and second-half free cash flow guidance after third-quarter sales rose 2% to $4.6 billion, and its board declared an inaugural quarterly dividend of $0.40 per share.

Net income came to $0.7 billion. Adjusted EBIT rose 1% to $1.2 billion, even with new costs of operating as an independent public company and a net benefit of about $50 million from International Emergency Economic Powers Act (IEEPA) tariff refunds. The company kept its full-year organic sales outlook and narrowed its adjusted EBIT guidance range.

PITTSBURGH – October 29, 2026 -- Howmet Aerospace (NYSE: HWM) reported third-quarter 2026 revenue of $2.70 billion, up 29% year over year and 25% organically, and raised its full-year 2026 guidance. Adjusted EPS rose 54% to $1.46, while GAAP EPS was $1.42. Executive Chairman and CEO John Plant called it "the strongest quarterly growth rate on record for Howmet."

Adjusted EBITDA climbs 43% to $879 million as margin widens 310 basis points

Adjusted EBITDA margin reached 32.5%. Free cash flow was $562 million after $147 million of capital expenditures. Results exceeded the high end of company guidance.

Elkhart – October 13, 2026 -- THOR Industries, Inc. (NYSE: THO) raised its regular quarterly cash dividend 3.8% to $0.54 per share, up from $0.52, after its Board of Directors approved the increase at its October 13, 2026 meeting.

THOR sets November 10 payment date for the $0.54 dividend

The dividend is payable on November 10, 2026, to shareholders of record at the close of business on October 29, 2026. The increase adds $0.02 per share to each quarterly payment.

THOR flags inflation, tariffs, chassis supply and interest rates as key risks

In the forward-looking statements accompanying the announcement, the recreational vehicle maker cited several factors that could cause results to differ from expectations. They include the impact of inflation on product costs and consumer demand, raw material and commodity price swings including tariffs, and supply constraints on raw materials and chassis.

DUBLIN – October 29, 2026 -- AerCap Holdings N.V. (NYSE: AER) reported record adjusted net income of $1,009 million, or $6.56 per share, for the third quarter of 2026 and raised full-year adjusted earnings per share guidance to approximately $20.70, before any fourth-quarter gains on sale.

GAAP net income was $949 million, or $6.17 per share. GAAP return on equity reached 20%, while adjusted return on equity hit a record 22%. Operating cash flow totaled $1.8 billion.

AerCap sells 70 assets for $1.1 billion at a 45% gain-on-sale margin

Net gain on sale of assets rose to $353 million from $332 million a year earlier. The company sold 70 owned assets for $1.1 billion, against 32 assets for $1.5 billion in the third quarter of 2025. The unlevered gain-on-sale margin was 45%, or 2.6x book value on an equity basis.

Capex was $1.9 billion, including the purchase of 32 aircraft.