Business · Week of Nov 2, 2026
Guidance raises and impairments mark Q3 earnings week
Third-quarter earnings dominated the week, with Hagerty, CPI Card Group and Ralliant raising guidance while Ingredion cut and impairments hit Charter and Ziff Davis.
All eight releases this week were third-quarter 2026 results. They split into two groups. Hagerty, CPI Card Group and Ralliant each raised full-year 2026 guidance. Ralliant reported revenue up 17% to $620 million, and CPI said revenue rose 15% to $158.4 million. Ingredion went the other way, lowering its full-year outlook and citing a slower earnings recovery at its Argo facility.
Non-cash charges drove several losses. Charter reported a $6.3 billion franchise impairment and announced a new operating model targeting $2 billion in annualized run-rate savings. Ziff Davis recorded a $29.6 million goodwill impairment, and Canopy Growth booked $35.8 million of fair value charges on Canopy USA related assets. Balance sheets were another theme: Natural Resource Partners fully repaid its credit facility balance, and CPI said its Net Leverage Ratio fell to 2.6x.

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 charge, and announced a new operating model targeting $2 billion in annualized run-rate operating expense savings over 18 months. On a pro forma basis, revenue fell 1.5% to $16.5 billion, Spectrum Internet customers declined by 233,000 and Spectrum Mobile lines rose by 508,000, in the first results to include the Cox Transactions.
Natural Resource Partners Lp
Natural Resource Partners L.P.
Natural Resource Partners reported third-quarter 2026 free cash flow of $44.8 million, said it fully repaid the remaining $13.1 million on its credit facility, and declared a distribution of $2.34 per common unit payable November 24, 2026. The partnership said it has $14.3 million of debt remaining, to be repaid in December 2026, and received no distribution from Sisecam Wyoming in the quarter.

Hagerty
Hagerty Reports Third Quarter 2026 Results; Increases 2026 Growth Outlook
Hagerty reported third-quarter Net Income of $36 million and Adjusted EBITDA of $97 million, up 64%, and raised its full-year 2026 Adjusted EBITDA guidance to $305 million–$315 million. The company said Total Revenue fell 9% to $354 million because of the transition to the Markel Fronting Arrangement, while Written Premium rose 16% to $386 million.
CPI Card Group Inc.
CPI Reports Record Third Quarter 2026 Results
CPI Card Group said third-quarter revenue rose 15% to $158.4 million and net income rose 117% to $5.0 million, with growth in all three segments. The company raised its 2026 guidance to low-double-digit revenue growth and Free Cash Flow of $50 million to $55 million.
Canopy Growth Corp
Canopy Growth Reports Second Quarter Fiscal Year 2027 Financial Results;
Canopy Growth reported fiscal second-quarter 2027 net revenue up 22% to $81.4M, with international cannabis revenue up 141% to $12.3M, which the company attributes mainly to Germany and Poland. Net loss widened to $40.7M from $5.0M, including $35.8 million of fair value charges, and the company said it entered the U.K. medical cannabis market and received EU GMP certification for its Smiths Falls facility.
Ziff Davis, Inc.
Ziff Davis Reports Third Quarter 2026 Financial Results
Ziff Davis reported third-quarter revenue down 5.6% to $289.3 million and a net loss from continuing operations of $(28.7) million, including a $29.6 million goodwill impairment. The company said it repurchased about $265 million of shares through the first three quarters of 2026, and its free cash flow was $(100.1) million versus $108.2 million a year earlier.
Ingredion Inc
Ingredion Inc
Ingredion reported third-quarter net sales of $1,792 million and reported diluted EPS of $2.23, down from $2.61, and cut its full-year adjusted diluted EPS outlook to $9.25 to $9.70. The company attributed a 36% drop in Food & Industrial Ingredients–U.S./CAN operating income to higher manufacturing expenses at its Argo facility and lower volumes.
Ralliant Corp
Ralliant Reports Third Quarter 2026 Results and Raises Full Year Guidance
Ralliant reported third-quarter revenue of $620 million, up 17%, and raised full-year 2026 guidance to revenue of $2.340 to $2.360 billion and adjusted EPS of $3.10 to $3.16. The company cited demand in defense and space, utility grid modernization and data centers, while its Semiconductors business declined.
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 Stream Bulletin reporting.