Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Solstice Advanced Materials Q3 Adjusted Earnings Beat Estimates, Sales Increase; 2026 Guidance Raised

Solstice Advanced Materials Q3 Adjusted Earnings Beat Estimates, Sales Increase; 2026 Guidance Raised

MT newswireMT newswire2026/11/04 10:29
06:29 AM EST, 11/04/2026 (MT Newswires) -- Solstice Advanced Materials (SOLS) reported Q3 adjusted earnings on Tuesday of $0.80 per diluted share. Analysts polled by FactSet expected $0.70. Net sales for the quarter ended Sept. 30 were $1.05 billion, up from $969 million a year earlier. Analysts expected $1.02 billion. The company expects Q4 net sales of $1.01 billion to $1.035 billion and adjusted EPS of $0.57 to $0.62. Analysts expect $1.01 billion and $0.72, respectively. For 2026, the company raised its adjusted EPS guidance to now be between $2.90 and $2.95, compared with the prior outlook of between $2.75 and $2.95. Analysts expect $2.90. Meanwhile, net sales for the year are projected to be about $4.195 billion to $4.220 billion, up from the prior outlook of $4.125 billion to $4.185 billion. Analysts expect $4.17 billion. Solstice's board declared a quarterly dividend of $0.075 per share, payable Dec. 10 to shareholders of record as of Nov. 25. Solstice Advanced Materials shares were up 6.9% in premarket activity.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Rumor: Tesla (TSLA.US) and SpaceX (SPCX.US) plan Terafab monthly production of one million wafers, feasibility questioned

According to reports, Tesla (TSLA.US) and SpaceX (SPCX.US) plan to achieve a production capacity of 1 million semiconductor wafers per month at the proposed Terafab factory starting in 2032.

智通财经•2026/11/09 11:09
Rumor: Tesla (TSLA.US) and SpaceX (SPCX.US) plan Terafab monthly production of one million wafers, feasibility questioned

SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries

A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.

华尔街见闻•2026/11/09 10:26
SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries