Key Highlights

  • Polaris raised 2026 adjusted EPS guidance to $3.50 to $3.60 from $3.00 to $3.10, with tariff refunds accounting for about $1.09.
  • SunCoke raised 2026 adjusted EBITDA guidance to $250 million to $265 million from $230 million to $250 million.
  • Slide raised full-year net income guidance to $500 million to $520 million from $455 million to $470 million.
  • CTS raised full-year adjusted EPS guidance to $2.78 to $2.88 from $2.55 to $2.70.
  • CTO raised 2026 Core FFO guidance to $2.11 to $2.14 and investment volume to $472 million.

Which Smaller Companies Raised Guidance With October 27 Earnings?

Eight companies raised at least part of their outlook with results around Tuesday, October 27. Polaris (NYSE:PII) lifted 2026 adjusted EPS guidance to $3.50 to $3.60, SunCoke Energy (NYSE:SXC) lifted adjusted EBITDA guidance to $250 million to $265 million, and Slide Insurance (NASDAQ:SLDE) lifted net income guidance to $500 million to $520 million. Travel + Leisure (NYSE:TNL) raised the low end of its adjusted EBITDA range to $1.070 billion, Intapp (NASDAQ:INTA) raised fiscal 2027 non-GAAP EPS to $1.64 to $1.68 and BigBear.ai (NYSE:BBAI) raised revenue guidance to $150 million to $165 million. CTS (NYSE:CTS) raised adjusted EPS to $2.78 to $2.88, and CTO Realty Growth (NYSE:CTO) raised Core FFO to $2.11 to $2.14. No share reactions are cited here.

Travel + Leisure: Does a Raised Floor Outweigh Weaker Membership Revenue?

Third-quarter adjusted EPS was $2.21, up 23% from $1.80, against a screened estimate of $2.06, on revenue of $1,101 million, up 5%. Management raised the low end of 2026 adjusted EBITDA guidance to $1.070 billion to $1.085 billion from $1.065 billion to $1.085 billion, and the low end of gross VOI sales to $2.625 billion to $2.675 billion. Travel and Membership revenue fell 11% to $150 million, and covenant leverage rose to 3.3 times after the Yes& Vacations and Spinnaker Resorts deals. The company repurchased $75 million of stock.

Polaris: How Much of the Raised Outlook Is Tariff Refunds?

Third-quarter sales rose 11% to $2,042.6 million, and adjusted EPS was $1.08 versus $0.41, above a $0.59 estimate as screened. Management raised 2026 adjusted sales guidance to $7.55 billion to $7.60 billion from $7.30 billion to $7.50 billion, the third raise this year. Tariff refunds account for about $1.09 of the EPS range, implying roughly $2.41 to $2.51 without them (calculated from the release). Powersports sales rose 18%, and nine-month adjusted free cash flow was $219.3 million versus $485.5 million.

Intapp: Is 29% Subscription Growth Enough to Offset Falling License Revenue?

Fiscal first-quarter 2027 revenue was $161.3 million, up 16%, with subscription revenue up 29% to $125.5 million and license revenue down about 21% to $23.0 million. Non-GAAP EPS was $0.44 versus $0.24, against a $0.40 estimate as screened. Fiscal 2027 non-GAAP EPS guidance rose from $1.58 to $1.62, and revenue guidance rose to $658.2 million to $662.2 million. Cloud ARR reached $515.3 million, up 28%, while GAAP showed a net loss of $1.3 million.

BigBear.ai: Did the Revenue Raise Outweigh a $76.7 Million Goodwill Charge?

Third-quarter revenue was $43.6 million, up 31%, and the 2026 range of $150 million to $165 million has a midpoint about 5% above the roughly $150 million before (calculated). A $76.7 million non-cash goodwill impairment pushed the net loss to $91.9 million, or $0.19 per share. Gross margin widened to 31.2% from 22.4%, credited to the generative AI platform from the Ask Sage acquisition. Backlog was about $330 million, up 22% from June 30, and the range implies fourth-quarter revenue of roughly $35.2 million to $50.2 million (calculated).

CTS: Did Record Margins Support a Higher Full-Year Outlook?

Third-quarter sales rose 5% to $149.6 million, and adjusted EPS was $0.77 versus $0.60, above a $0.65 estimate as screened. Full-year guidance moved to sales of $580 million to $590 million from $565 million to $585 million, and adjusted EPS to $2.78 to $2.88 from $2.55 to $2.70. Adjusted gross margin was 42.2%, up 330 basis points. Free cash flow was $41.1 million versus $24.2 million, and cash of $143.9 million compared with long-term debt of $55.0 million.

SunCoke Energy: Why Did Guidance Rise on Flat Revenue?

Third-quarter adjusted EBITDA was $76.9 million versus $59.1 million on revenue of $485.9 million versus $487.0 million, while diluted EPS was $0.25 versus $0.26. Management expects to modestly exceed the high end of the raised 2026 range. Industrial Services adjusted EBITDA reached $32.1 million versus $18.2 million, while Domestic Coke volumes fell to 875 thousand tons from 951 thousand. Net leverage fell to 2.11 times from 2.76 times at the end of 2025.

CTO Realty Growth: Did $472 Million of Investments Justify the Higher Core FFO Outlook?

Third-quarter Core FFO was $0.53 per diluted share versus $0.48, and revenue rose to $46.9 million from $37.8 million. Guidance for investment volume moved to $472 million from $300 million to $400 million, and Core FFO to $2.11 to $2.14 from $2.09 to $2.13. On a GAAP basis the quarter was a loss of $0.19 per diluted share. Net debt was 5.9 times pro forma adjusted EBITDA, and the common dividend was $0.38. The company owns shopping centers and mixed-use properties.

Slide Insurance: Did Profit Growth Outrun Higher Storm Losses?

Third-quarter net income was $138.2 million, up 24.5%, with diluted EPS of $1.09 versus $0.79 and revenue up 35.9% to $361.1 million. The combined ratio rose to 59.3% from 48.5% on $34.2 million of catastrophe losses. The raised range includes up to $50 million of pre-tax losses from Hurricane Isaias in the fourth quarter. The board declared a $0.07 quarterly dividend and a $1.50 special dividend, payable November 30.

Raised Guidance Compared: Which Midpoint Moved the Most?

Using midpoints, each calculated: Polaris's adjusted EPS midpoint rose to $3.55 from $3.05, up 16.4%; Slide's net income midpoint rose to $510 million from $462.5 million, up 10.3%; CTS's adjusted EPS midpoint rose 7.8% to $2.83 from $2.625; and SunCoke's adjusted EBITDA midpoint rose 7.3% to $257.5 million from $240 million. Intapp's EPS midpoint rose 3.8% to $1.66 from $1.60, CTO's Core FFO midpoint rose 0.7% to $2.125 from $2.11, and Travel + Leisure's EBITDA midpoint rose 0.2% to $1.0775 billion from $1.075 billion.

The measures differ by company, so the percentages compare only the size of each change. On quarterly results as screened, Polaris's $1.08 was $0.49 above its $0.59 estimate, CTS's $0.77 was $0.12 above $0.65 and Intapp's $0.44 was $0.04 above $0.40 (all calculated).

What to Watch Next: Slide's November 23 Record Date, Polaris Refunds and Fourth-Quarter Tests

Slide Insurance's $1.50 special dividend has a record date of November 23, and Hurricane Isaias losses will be measured against the $50 million allowance. Travel + Leisure's board will consider the planned $0.60 fourth-quarter dividend in November. SunCoke Energy's $0.12 dividend is payable December 1, 2026, and its Granite City contract expires in December 2026. Polaris will show how much of the refund benefit repeats, BigBear.ai how backlog converts to funded work, and CTO Realty Growth is expecting a Carolina Pavilion sale late in the fourth quarter. Intapp guided second-quarter non-GAAP EPS to $0.37 to $0.39.