SHARPE
Reported results
- Third quarter 2026 operating revenues were $1,585.3 million compared to $1,452.4 million for the third quarter of 2025
- Third quarter 2026 income from operations was $62.1 million compared to $35.3 million for the third quarter of 2025
- Third quarter 2026 diluted earnings per share was $0.28 compared to $0.11 for the third quarter of 2025
- Third quarter 2026 adjusted income from operations was $63.8 million compared to $38.4 million for the third quarter of 2025
- Third quarter 2026 adjusted diluted earnings per share was $0.29 compared to $0.12 for the third quarter of 2025
- Third quarter 2026 adjusted EBITDA was $168.8 million compared to $148.9 million for the third quarter of 2025
Guidance
- Full year 2026 Adjusted Diluted Earnings per Share guidance of $1.00 - $1.10
- Full year 2026 Net Capital Expenditures guidance of $325 - $350 million
- Full year guidance assumes an effective tax rate of approximately 22%
Price and volatility reaction
The stock moved -0.8% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -3.2 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 29.45 | 2026-10-29 |
| Close after release | 29.23 | 2026-10-30 |
| Realised move | -0.8% | close to close |
| 30d ATM IV change | -3.2 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 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.