Business · Week of Nov 2, 2026
Hotel REITs raise outlooks as Q3 earnings season continues
Third-quarter 2026 earnings dominated the week, with hotel REITs raising guidance and several firms prioritising debt reduction and dividends.
Third-quarter 2026 results made up every release this week. Hotel owners posted the most consistent gains: Host Hotels & Resorts and DiamondRock Hospitality both reported higher comparable RevPAR, raised full-year 2026 guidance and completed hotel acquisitions after quarter end. Matador Resources and CF Industries reported higher sales or production, and Hecla Mining said free cash flow reached a record $151 million.
Balance sheets and shareholder returns were a second thread. Matador repaid more than $150 million of borrowings and raised its dividend, and DiamondRock lifted its quarterly dividend by 22%. Light & Wonder said it is putting debt reduction ahead of buybacks, while CF Industries continued repurchases. On the weaker side, Beyond Meat reported an 8.1% revenue decline, and Brink's GAAP profit fell as costs tied to its pending NCR Atleos acquisition weighed on results.
Hecla Mining Co/De/
Hecla Reports Third Quarter 2026 Results
Hecla Mining reported third-quarter 2026 revenue of $395 million and income from continuing operations of $150 million, or $0.22 per share, with record free cash flow of $151 million, and raised the low end of its 2026 silver production guidance to 15.3 million ounces. The company says it will cut Keno Hill mill throughput to about 300 tons per day in the fourth quarter, with further suppression expected from January 2027 until permit amendments are received.
Host Hotels & Resorts, Inc.
HOST HOTELS & RESORTS, INC.
Host Hotels & Resorts reported comparable hotel RevPAR up 8.8% to $219.50, while GAAP net income fell 56.4% to $71 million, which the company attributes to lower gains on asset sales. After quarter end it acquired the 1 Hotel Brooklyn Bridge for $202 million and the Renaissance Dallas at Plano Legacy West Hotel for $172 million, and it raised full-year 2026 guidance to about 6.75% RevPAR growth.
Beyond Meat, Inc.
For immediate release
Beyond Meat said third-quarter net revenues fell 8.1% to $64.5 million on a 10.9% drop in volume, while gross margin rose to 19.3% from 7.4% and net loss narrowed to $82.8 million from $97.0 million. The company guided fourth-quarter 2026 net revenues of approximately $54 million to $59 million and reported $313.9 million of debt against $169.3 million of cash.
DiamondRock Hospitality Co
COMPANY CONTACTS
DiamondRock Hospitality reported third-quarter net income attributable to common stockholders of $33.3 million, up 65.7%, and Comparable RevPAR of $226.01, up 6.6%. It raised its quarterly dividend 22% to $0.11 per share, lifted full-year Adjusted EBITDA guidance to $322.0 to $327.0 million and acquired The Bellmoor Inn & Spa for $31.0 million.
Light & Wonder, Inc.
Light & Wonder, Inc.
Light & Wonder reported third-quarter revenue of $824 million, down 2%, and net income of $133 million, up 17%, with iGaming revenue up 13% and SciPlay revenue down 12%. The company now expects full-year Consolidated AEBITDA growth toward the lower end of its range and says it is prioritising debt reduction, targeting leverage below 3.0x in the first half of 2027.
CF Industries Holdings, Inc.
CF Industries Holdings, Inc.
CF Industries reported third-quarter net earnings of $436 million, or $2.87 per diluted share, on net sales of $1.86 billion and 7% higher volumes, and repurchased 3.0 million shares for $367 million. Management projects 2026 capital expenditures of approximately $1.3 billion and expects Blue Point One ammonia production to begin in 2029 at a cost of approximately $3.7 billion.
Brinks Co
BRINKS CO
Brink's reported third-quarter revenue of $1,375 million, up 3%, with non-GAAP EPS up 18% to $2.46 while GAAP EPS fell 59% to $0.35, reflecting $45.7 million of NCR Atleos acquisition and transformation costs and $26.6 million of incident-related losses. The company now expects to close the NCR Atleos acquisition in early January 2027, subject to regulatory approval.
Matador Resources Co
MATADOR RESOURCES COMPANY
Matador Resources reported third-quarter production of 230,470 BOE per day, up 10% and above its guidance midpoint, and net income attributable to shareholders of $172.1 million, and raised full-year production guidance. The company says it repaid more than $150 million of borrowings in the fourth quarter and raised its annual dividend 17% to $1.75 per share.
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 InfoPilot Today reporting.