Reported results
- Current quarter total revenues were $5.4 billion.
- Current quarter net income from continuing operations was $102.9 million.
- Current quarter adjusted net income from continuing operations (a non-GAAP measure) was $112.1 million.
- Current quarter diluted earnings per common share from continuing operations was $8.59.
- Current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) was $9.36.
- Current quarter total gross profit was $854.8 million.
Guidance
- The Hennessy Acquisition has total expected annual revenues of approximately $1.7 billion.
- The Company expects an additional $125 million in proceeds from dispositions under definitive agreement.
Price and volatility reaction
The stock moved -1.8% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -8.6 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 254.2 | 2026-10-27 |
| Close after release | 249.54 | 2026-10-28 |
| Realised move | -1.8% | close to close |
| 30d ATM IV change | -8.6 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-28 (8-K, Item 2.02). Read the original filing on sec.gov.
