Key Highlights

  • Boeing reported a core loss of $0.34 per share against an estimated $0.20 loss, a 69.16% miss as screened, with a record $745.4 billion backlog.
  • Landstar's revenue rose 25.4% to $1,511.8 million, yet EPS of $1.42 fell 14.66% short of the screened estimate.
  • Sherwin-Williams narrowed 2026 adjusted EPS guidance to $11.85 to $12.15, leaving the midpoint at $12.00 (calculated).
  • Armstrong World Industries cut its adjusted EBITDA range to $602 million to $612 million from $605 million to $620 million.
  • Asbury's revenue fell 8% to $4,413.6 million as adjusted EPS dropped to $6.16 from $7.17.

Which Companies Reported EPS Below Estimates on October 27, 2026?

Eight companies fell short of screened EPS estimates on Tuesday, October 27. Boeing (NYSE:BA) posted a core loss of $0.34 per share against an estimated $0.20 loss. HSBC Holdings (NYSE:HSBC) reported $2.10 per American depositary share (calculated) against $2.18, and Robinhood Markets (NASDAQ:HOOD) $0.51 against $0.55. Sherwin-Williams (NYSE:SHW) earned an adjusted $3.63 against $3.69, Armstrong World Industries (NYSE:AWI) $2.26 against $2.39 and Watsco (NYSE:WSO) $3.77 against $4.09. Landstar System (NASDAQ:LSTR) earned $1.42 against $1.66, and Asbury Automotive Group (NYSE:ABG) $6.16 against $6.42. Revenue and backlog told a different story at several of them.

Boeing: Why Did a $0.34 Core Loss Come With a Record Backlog?

Revenue of $24.188 billion rose 4%, and the core loss compares with a loss of $7.47 a year earlier, when a 777X charge weighed on results. Commercial Airplanes lost $697 million, while Defense, Space and Security earned $492 million, including a $252 million gain on the sale of HRL Laboratories. Boeing delivered 161 commercial airplanes, free cash flow was $464 million, and total backlog reached a record $745.4 billion. The release contained no formal guidance.

HSBC: What Is Behind a 32% Profit Jump That Still Missed Per-Share Estimates?

Profit before tax rose 32% to $9.6 billion, or 10% to $10.0 billion excluding notable items, as the prior year carried $1.4 billion of legal provisions. Revenue was $18.6 billion, up 5%, and the return on average tangible equity was 17.7%. Guidance of a return of 17% or better through 2028 was left in place. The CET1 ratio was 13.9%, and a further buyback of up to $1 billion is planned by the 2026 full-year results.

Robinhood Markets: Are Prediction Markets Offsetting a 55% Crypto Revenue Drop?

Record net revenues of $1.42 billion rose 12%, yet diluted EPS of $0.51 fell from $0.61, which was 8.07% below the estimate as screened. Event contracts generated $173 million, while cryptocurrency revenue fell 55% to $120 million. Net deposits were $15.7 billion, and total operating expenses rose 16% to $739 million. Management cut the top end of its 2026 adjusted operating expenses and stock-based compensation outlook by $25 million to $2.75 billion.

Sherwin-Williams: Why Did Shares Fall About 5% Pre-Market on Narrowed Guidance?

Shares were quoted about 5.4% lower in pre-market trading on Tuesday, October 27, at $317.69 against a $335.79 close. Net sales rose 7.9% to $6,860.0 million, but gross margin fell to 47.8% from 49.2%. Consumer Brands sales rose 21.7%, while its adjusted margin dropped to 18.3% from 23.3%. Adjusted EPS guidance was narrowed to $11.85 to $12.15 from $11.80 to $12.20, and management cited muted demand for the rest of the year and into 2027.

Armstrong World Industries: Why Did a $2.26 Adjusted EPS Miss Come With a Narrowed Outlook?

Net sales rose 11.9% to $475.8 million, and adjusted EPS rose 10.2% from $2.05, but the result was a 5.3% miss as screened. Architectural Specialties sales rose 21.5%, while manufacturing costs rose $10 million on freight and raw materials. Adjusted EBITDA guidance fell to $602 million to $612 million, and adjusted EPS guidance to $8.30 to $8.40 from $8.30 to $8.50. The company bought back $75 million of stock in the quarter, with $1.1 billion of authorization remaining.

Watsco: Why Did a Revenue Gain Still Produce a Profit Decline?

Revenue rose 7% to $2,220.4 million, but EPS of $3.77 fell from $3.98, a 7.93% shortfall as screened. Gross margin slid to 26.4% from 27.5% on customer mix, smaller OEM pricing actions and faster equipment growth. Residential HVAC equipment sales rose 7% while commercial fell 5%. No numeric guidance was given, but management said early fourth-quarter trends point to improving demand. Jackson Supply and The Granite Group add roughly $730 million of annualised revenue.

Landstar: Why Did a 25% Revenue Surge Still Fall Short of Estimates?

Revenue rose 25.4% to $1,511.8 million, and EPS of $1.42 compared with $0.56, which carried a $0.66 per share impairment. Truck revenue per load rose 25% to $2,811 on loads up 3%. Insurance and claims expense reached $55.3 million against $33.0 million, including about $13.0 million of adverse reserve adjustments. The company repurchased $41.4 million of stock, raised its quarterly dividend to $0.44 from $0.40 and gave no formal guidance.

Asbury Automotive Group: Why Did Revenue Fall 8% and EPS Land Below Estimates?

Revenue fell to $4,413.6 million from $4,800.9 million, and adjusted EPS of $6.16 was a 4.02% miss as screened. New-vehicle gross profit per unit dropped 12% to $2,949, and parts and service gross profit fell 5% to $371.0 million. Tekion conversion costs took $0.32 per share, and all active stores now run on the platform. Year-to-date repurchases were about $278 million, with about $322 million of authorization remaining. No full-year guidance was given.

Earnings Misses Compared: How Large Were the Gaps and Did Guidance Move?

In dollars, the EPS shortfalls against screened estimates were Watsco $0.32, Asbury $0.26, Landstar $0.24, Boeing $0.14, Armstrong $0.13, HSBC $0.08 per depositary share, Sherwin-Williams $0.06 and Robinhood $0.04 (all calculated). Landstar's revenue growth of 25.4% sits 33.4 points above Asbury's 8% decline (calculated).

On guidance, Sherwin-Williams' adjusted EPS midpoint stayed at $12.00, while Armstrong's adjusted EBITDA midpoint fell $5.5 million, or about 0.9%, and its adjusted EPS midpoint about 0.6% (calculated). Robinhood's top end of the expense outlook fell about 0.9% from $2.775 billion (calculated). Boeing, Watsco, Landstar and Asbury issued no formal guidance.

What to Watch Next: Fourth-Quarter Delivery Rates, Margins and Buybacks

Boeing's next markers are 737 output at 47 a month, 777-9 testing ahead of a 2027 first delivery and full-year free cash flow. Sherwin-Williams guides fourth-quarter net sales up mid-single digits. Landstar pays its $0.44 dividend on December 8, and Robinhood management said October net deposits were already above $13 billion. Watsco will be judged on whether gross margin returns toward 27.5%, Asbury on whether the cost ratio falls from 67.4% after the Tekion conversion, and HSBC on Hong Kong real estate charges.