Key Highlights

  • Centene reported adjusted EPS of $0.58 against a $0.10 estimate as screened and raised 2026 adjusted EPS guidance to above $5.20.
  • Kiniksa lifted 2026 ARCALYST revenue guidance to $1,045 million to $1,050 million from $980 million to $995 million.
  • ONEOK's EPS of $2.13 included a $0.53 per share tax benefit, or about $1.60 without it (calculated).
  • Innio raised 2026 adjusted EBITDA guidance by $60 million to $780 million to $800 million.
  • Herc Holdings beat its estimate by 33.8% as screened, while BXP, STAG Industrial and Itron also topped theirs.

Which Companies Posted the Biggest EPS Beats on October 27, 2026?

Eight companies that reported on Tuesday, October 27 topped their screened EPS estimates by wide margins. Centene (NYSE:CNC) posted adjusted EPS of $0.58 against a $0.10 estimate and raised its 2026 outlook. Kiniksa Pharmaceuticals International (NASDAQ:KNSA) reported $0.56 against $0.31 on ARCALYST revenue of $286.0 million. ONEOK (NYSE:OKE) reported $2.13 against $1.50, a 41.99% surprise as screened, helped by a noncash tax benefit. Herc Holdings (NYSE:HRI) earned an adjusted $3.91 against $2.92, Innio (NASDAQ:INIO) $0.15 against $0.12, Itron (NASDAQ:ITRI) a non-GAAP $1.94 against $1.56, STAG Industrial (NYSE:STAG) $0.37 against $0.29 and BXP (NYSE:BXP) $0.65 against $0.52.

Most of the group also lifted guidance, and several beats carried caveats such as a tax benefit, a GAAP loss or softer orders.

Centene: How Did a $0.58 Adjusted Profit Raise the 2026 Outlook?

Centene's adjusted EPS compared with $0.50 a year earlier, while GAAP EPS was a loss of $0.14. Management raised 2026 adjusted EPS guidance by $0.40 to above $5.20, with revenue guided to $196.5 billion to $200.5 billion. Revenue of $50,647 million rose about 1.9%, and the health benefits ratio was 92.7%, flat on the year. Marketplace membership fell to 3,403,300 from 5,828,100, and the adjusted SG&A ratio improved to 6.5% from 7.0%. Operating cash flow was negative $3,669 million on timing that management said it expected, and the repurchase authorization rose by $2.0 billion. No quantitative 2027 outlook was given.

Kiniksa: Is ARCALYST Heading Past $1 Billion?

Kiniksa sells ARCALYST for recurrent pericarditis, and all third-quarter revenue came from it: $286.0 million, up about 58% from $180.9 million. GAAP net income was $47.3 million, or $0.56 per diluted share, against $0.23, and no non-GAAP measure was reported. Guidance rose to $1,045 million to $1,050 million, which implies roughly $301 million to $306 million in the fourth quarter (calculated). About 23% of roughly 14,000 annual multiple-recurrence patients were on ARCALYST at quarter end, and cash and short-term investments were $568.8 million with no debt.

ONEOK: Did a Tax Benefit Inflate the EPS Beat?

It explains most of the gap, though not all of it. Diluted EPS of $2.13 against $1.49 a year earlier included a $336 million noncash income tax benefit worth $0.53 per share, so EPS was about $1.60 without it (calculated), still above the $1.50 estimate. Adjusted EBITDA rose 6% to $2,238 million, and 2026 guidance was raised to $8.5 billion to $8.6 billion from $8.2 billion to $8.5 billion. NGL raw feed throughput rose 6%, and Refined Products and Crude earned $685 million against $582 million, although crude shipped fell. The $9 billion minority equity investment closed in September.

Herc Holdings: Did the Third Quarter Justify a Higher 2026 Outlook?

Herc rents construction and industrial equipment across North America. Adjusted EPS of $3.91 compared with $2.22 a year earlier and a $2.92 estimate, a 33.8% surprise as screened, on total revenue of $1,364 million, up 5%. Equipment rental revenue rose 12% to $1,254 million, while sales of rental equipment fell to $85 million from $151 million. Adjusted EBITDA rose 9% to $603 million at a 44.2% margin. Guidance for 2026 adjusted EBITDA moved to $2.10 billion to $2.15 billion, but net rental capex also rose to $1.0 billion to $1.1 billion and net leverage edged up to 3.90 times from 3.84 times.

Innio: Is Data Center Demand Behind the Raised Outlook?

Innio makes Jenbacher gas engines and related power equipment. Revenue of $1,167.9 million rose 57%, its first quarter above $1 billion, and diluted EPS was $0.15 against $0.05 and a $0.12 estimate as screened (29.97%). Data center revenue climbed to $463 million from $38 million, about 60% of equipment revenue, and equipment order backlog reached $7,963.4 million, up 142%. Management raised 2026 revenue guidance to $3.9 billion to $4.0 billion and adjusted EBITDA guidance to $780 million to $800 million. Net leverage fell to 2.1 times from 3.6 times at year-end 2025.

Itron: Did the Beat Come From Margins Rather Than Orders?

Itron supplies meters, networks and software to utilities. Non-GAAP EPS of $1.94 rose 26% and topped the $1.56 estimate, with revenue up 3% to $599.3 million. Adjusted gross margin rose 350 basis points to 41.3%, but bookings of $482 million gave a book-to-bill ratio of 0.80, against 0.97 on a trailing twelve-month basis, with backlog at $4.3 billion. Free cash flow fell 16% to $95.5 million. Fourth-quarter revenue is guided to $621 million to $636 million and non-GAAP EPS to $1.70 to $1.80.

STAG Industrial: What Does a New $250 Million Buyback Say About Core FFO Growth?

STAG owns single-tenant industrial properties across the United States. Core FFO of $0.66 per diluted share compared with $0.65, while EPS of $0.37 against $0.26 topped the $0.29 estimate as screened. Revenue rose 9.4% to $231.0 million, cash rent change on leasing was 23.8% and retention was 90.3%. The board added a repurchase authorization of up to $250 million with no expiration date and no obligation to buy, and forward equity was also sold in the quarter. Numeric guidance ranges were not restated.

BXP: Did a $1.89 FFO Beat and a Higher Outlook Mask a Heavier Debt Load?

FFO of $1.89 per diluted share rose from $1.74 and sat $0.08 above the midpoint of company guidance, while net income was $0.71 per share against a loss of $0.77. Full-year FFO guidance rose to $7.06 to $7.08. Occupancy reached 89.4%, up 100 basis points from the second quarter, and revenue rose 4.6% to $911.4 million. Debt to market capitalization rose to 60.08% from 56.61%, although net debt to annualized EBITDAre fell to 7.52 times from 7.94 times. BXP also closed a $1.2 billion construction loan for 343 Madison Avenue.

Biggest EPS Beats Compared: How Do the Surprises and Guidance Raises Stack Up?

Against screened estimates, the dollar beats were Herc $0.99, Centene $0.48, Itron $0.38, Kiniksa $0.25, BXP $0.13, STAG $0.08 and Innio $0.03 (all calculated), while ONEOK's $0.63 shrinks to about $0.10 without its tax benefit. In percentage terms Kiniksa's beat is about 80.6%, STAG's about 27.6% and Itron's about 24.4% (calculated).

On guidance midpoints, Innio's adjusted EBITDA rose $60 million, or about 8.2%, from $730 million to $790 million, and Kiniksa's ARCALYST revenue rose $60 million, or about 6.1%, from $987.5 million to $1,047.5 million. ONEOK's rose about 2.4% and Herc's about 1.8% (all calculated). Revenue growth ranged from about 58% at Kiniksa and 57% at Innio to about 1.9% at Centene.

What to Watch Next: October 28 Calls, Fourth-Quarter Run Rates and Dividend Dates

ONEOK holds its call on Wednesday, October 28 at 11 a.m. Eastern, and BXP at 10:00 a.m. Eastern, where investors will look for commentary on 2027 and on San Francisco and Boston rent roll-downs. Kiniksa's fourth quarter will be tested against the implied $301 million to $306 million, Itron against its $621 million to $636 million guide, and Innio against a calculated, unguided $240 million to $260 million of adjusted EBITDA. STAG pays its dividend on January 15, 2027, and Kiniksa expects KPL-387 Phase 3 data in the second half of 2027.