Cheniere Raises 2026 Adjusted Earnings Guidance to $8.75–$9.25 Billion
Key Facts
Cheniere Energy raised its 2026 adjusted EBITDA guidance to $8.75–$9.25 billion, from a previous range of $7.90–$8.40 billion. The company reported revenue of $6.17 billion and net income of $1.17 billion in the third quarter of 2026. It said the increase in quarterly net income was tied to higher gross margins on liquefied natural gas delivered. It attributed this to higher volumes recognized in income and a higher margin per million British thermal units. It also cited lower income tax provisions compared with the previous year.
In Canada, Imperial Oil posted record net income of C$2,454 million in the third quarter of 2026, versus C$539 million in the same period of 2025. Diluted earnings per share were C$5.11, compared with C$1.07 a year earlier. The result came despite a decline in total upstream production to 418,000 barrels of oil equivalent per day, from 462,000 in the third quarter of 2025. The company said lower production was related to reduced output at the Kearl project and planned maintenance at Cold Lake and Syncrude. Imperial said improved refining margins were among the performance drivers, while the available data do not establish that the earnings beat caused the share price to rise or confirm the percentage increase cited in the previous draft.
Church & Dwight raised its 2026 organic sales growth outlook to about 5%, from a previous range of 4%–5%. It also raised its net sales growth outlook to about 0.5%, from a previous range spanning flat sales to 1% growth. The outlook adjustment followed organic sales growth of 5.1% in the third quarter, exceeding the company’s forecast of 3%. The company said growth was recorded across its three segments and was driven mainly by a 4.6% increase in sales volume. The update moves the full-year organic sales outlook to a defined level near the upper end of the previous range.
In utilities, WEC Energy raised its 2026 earnings-per-share guidance to $5.60–$5.64, from $5.51–$5.61. The company attributed the higher and narrower outlook to favorable weather and capital investment supported by large customers. Retail electricity deliveries rose 3.3% year over year in the third quarter, excluding the Upper Peninsula of Michigan iron ore mine and large customers in Wisconsin. By contrast, Dominion Energy affirmed non-GAAP operating earnings of $1.28 per share, up from $1.06 a year earlier. Dominion kept its 2026 operating earnings guidance range at $3.45–$3.69 per share and said it expects to reach the upper half of the range.
In manufacturing, Ingersoll Rand said organic order growth and third-quarter revenue performance reflected an improving demand environment and continued execution by its teams. The company set its 2026 adjusted earnings-per-share range at $3.58 to $3.70, excluding third-quarter tariff refunds. Its chief executive said, "Third-quarter organic order and revenue performance reflected an improving demand environment." The announced guidance excludes those refunds, defining the basis for comparison of adjusted earnings. The available information did not include a quarterly earnings-per-share result or a comparison with analyst estimates.
Universal Music Group posted constant-currency growth of 19.2% in recorded-music subscription revenue in the third quarter of 2026, or 9.5% excluding Downtown. Physical revenue also rose 17.4% in constant currency. The group attributed subscription growth to wholesale price increases and continued subscriber growth. Its chief executive said subscription growth accelerated during the quarter. Adjusted EBITDA margin, excluding Downtown, expanded by 40 basis points; the results show growth in revenue and adjusted operating earnings, but do not establish that they beat analyst estimates.