EARNINGS & CATALYSTS · October 26, 2026
October 26, 2026 after-close earnings: the guidance and cash-flow tests to watch
Tonight’s reports will test demand for chip-design tools, property income and insurance profitability. Principal has already disclosed lower managed assets; watch how that affects fees and customer flows.
| Company | Report date | Window | EPS estimate | Revenue estimate |
|---|---|---|---|---|
| Welltower Inc. (WELL) | October 26, 2026Expected · subject to change | After close | 0.64 | 3.64B |
| Cadence Design Systems, Inc. (CDNS) | October 26, 2026Expected · subject to change | After close | 2.05 | 1.61B |
| Nucor Corporation (NUE) | October 26, 2026Expected · subject to change | After close | 5.84 | 10.84B |
| Public Storage (PSA) | October 26, 2026Expected · subject to change | After close | 2.49 | 1.34B |
| The Hartford Insurance Group, Inc. (HIG) | October 26, 2026Expected · subject to change | After close | 3.17 | 7.37B |
| Cincinnati Financial Corporation (CINF) | October 26, 2026Expected · subject to change | After close | 2.05 | 2.64B |
| Principal Financial Group, Inc. (PFG) | October 26, 2026Expected · subject to change | After close | 2.43 | 4.27B |
| Brown & Brown, Inc. (BRO) | October 26, 2026Expected · subject to change | After close | 1.09 | 1.76B |
1) When to look for the releases
Welltower, Nucor, Public Storage, Hartford, Cincinnati Financial, Principal and Brown & Brown have announced October 26 results after close. Cadence has confirmed its financial-results webcast for that evening; its release is expected in the same window. Several management calls follow on October 27, giving investors a second opportunity to assess the outlook.
2) Cadence: turn new AI capabilities into revenue
Cadence sells chip-design and engineering software. Its October 21 announcement made European cloud-design services available from Munich while identifying additional computing capabilities as planned expansion. Keeping customer designs within Europe could help win work from organizations with data-location requirements. Tonight, watch customer orders, revenue guidance and margins for evidence of demand; the announcement did not provide a contract value.
3) Welltower: compare earnings growth with the cost of expansion
The senior-housing owner’s July outlook raised normalized funds from operations to $6.36–$6.44 per share for 2026. This is an adjusted real-estate earnings measure, rather than GAAP profit. Watch whether occupancy and rental growth support that forecast, and how acquisitions affect funding needs. Investments already completed and deals still under contract should be assessed separately.
4) Public Storage: separate new properties from the existing business
The self-storage owner’s July outlook still projected a 0.3%–2.0% decline in full-year operating income at comparable properties. Acquisitions can increase total earnings while older locations face weaker rents or higher expenses. Watch occupancy, new-customer pricing and integration costs to judge whether the underlying business is stabilizing.
5) Nucor: the hurdle is already public
On September 17, Nucor forecast third-quarter GAAP profit of $5.55–$5.65 per share for the quarter ended October 3. This is management guidance, not an analyst estimate. The steelmaker expected higher selling prices to help its mills, despite higher costs and the absence of the previous quarter’s $130 million raw-material refund. Tonight’s margins and shipment outlook will help show whether that improvement can continue.
6) Hartford and Cincinnati: distinguish insurance profits from investment gains
Hartford and Cincinnati sell insurance, making claims discipline central to their earnings. Cincinnati’s July report showed that investment gains boosted GAAP profit while adjusted operating profit declined. A combined ratio below 100% means premiums exceeded claims and underwriting expenses. Travelers reported an 86.8% third-quarter ratio on October 16, but favorable revisions to past claims estimates helped; policy mix and storm exposure also differ across insurers.
7) Principal: part of the asset picture is already known
Principal’s October 19 filing disclosed $785 billion of assets under management at September 30. It also reported a roughly 1.5% negative effect from markets, currency, disposals and other items outside customer cash flows, including $2.2 billion from disposed operations. Tonight, look for the separate customer-flow figures and fee margins. The asset total alone cannot show whether clients added or withdrew money.
8) Brown & Brown: look beyond purchased growth
The insurance broker’s July report showed revenue up 30.4%, but organic revenue down 0.7%. Organic revenue removes acquisitions and certain other adjustments. Watch client retention, new business and integration spending: acquisition growth creates more value when existing operations remain healthy and debt costs stay manageable.
9) What would change the investment case?
A higher outlook supported by customer demand and cash generation would strengthen the case for growth. Rising costs, weak customer flows or growth dependent on temporary benefits would warrant closer scrutiny. Compare each company’s GAAP results with its clearly labeled adjusted measures, then use management’s explanation to identify what could persist into the next quarter.