Guidance raises lead Q3 earnings: the week in manufacturing

Third-quarter results dominated, with Solstice, Timken and Regal Rexnord adjusting guidance while Hanon Systems and Quaker Houghton cited cost and volume gains.

Nov 9, 2026 · News Today Lines newsroom

Third-quarter 2026 earnings made up most of the week's releases. Solstice Advanced Materials and Timken both raised their full-year outlooks, and Regal Rexnord raised and narrowed its adjusted EPS guidance while lowering its GAAP EPS range after a $119 million goodwill impairment. Regal Rexnord also said it is exploring the sale of its autonomous mobile solutions business. Quaker Houghton reported 10% sales growth, and Hanon Systems reported higher operating profit on slightly lower revenue.

Several companies pointed to specific growth lines. Regal Rexnord said Data Center sales rose 307%, Solstice said Electronic Materials sales rose 31%, and Hanon Systems said electrification reached 33% of revenue. Outside earnings, Otis received a Guinness World Records title for elevators at Tianjin 117, Accrete signed a supply chain data agreement with TenderAlpha aimed at federal customers, and Flex scheduled an Innovation Day for November 10.

Regal Rexnord Corporation

REGAL REXNORD REPORTS THIRD QUARTER 2026 FINANCIAL RESULTS

Regal Rexnord reported third quarter 2026 sales of $1,588 million, up 6%, and a GAAP net loss of $12 million that included a $119 million goodwill impairment mainly tied to its autonomous mobile solutions business, which it says it is exploring selling. The company lowered and narrowed GAAP EPS guidance to $3.76 to $4.06, raised and narrowed Adjusted Diluted EPS guidance to $10.60 to $10.90, and says Data Center sales rose 307%.

Solstice Advanced Materials US, Inc.

Solstice Advanced Materials Reports Third Quarter 2026 Results

Solstice Advanced Materials reported third quarter 2026 Net Sales of $1,046 million, up 8%, and Net Income attributable to the company of $80 million, compared with a Net Loss of $35 million a year earlier, with Electronic Materials sales up 31%. The company raised full-year 2026 guidance to Net Sales of $4,195 - $4,220 million and Adjusted EBITDA of $1,050 - $1,060 million, and repurchased 1.7 million shares for $100 million.

Otis Worldwide Corporation

Otis Receives Guinness World Records™ Title for Tallest Elevator at Tianjin 117

Otis says two of its SkyRise elevators at Tianjin 117 in China, rising 597.2 meters, received the Guinness World Records title for "Tallest Elevator in a Building." The company is supplying all 266 elevators and escalators for the 117-story tower, including 50 SkyRise double-deck elevators, and the building is scheduled for completion by the end of 2027.

Hanon Systems

Hanon Systems Announces Third Quarter 2026 Financial Results

Hanon Systems reported third quarter 2026 revenue of KRW 2.66 trillion, down 1.8% year-on-year, and operating profit of KRW 120.6 billion, up 26.6%, for a 4.5% operating margin. The company attributes the revenue decline to customer volume adjustments and exchange fluctuations, and says electrification rose to 33% of revenue.

Accrete

Accrete Signs Data Agreement with TenderAlpha to Deepen Supply Chain Risk Insight for Federal Customers

Accrete signed an agreement with TenderAlpha to add government contracting and supply chain data to its Argus for Supply Chain Influence product for defense and civilian agency customers. Accrete says the data will give insight into sub-tier suppliers and foreign ownership and influence risks, supporting NDAA compliance, with access starting in early 2027.