Thursday, October 15, 2026

Analysts expect Taiwan Semiconductor Manufacturing Company to report $45.3 billion revenue and $4.40 EPS. Company guides third-quarter revenue to between $44.6 billion and $45.8 billion. Revenue has been in line in four of the last five reports, and EPS beat in five of five; last quarter EPS was $4.31 against a $3.87 estimate, and the stock fell 2.3%. Management raised full-year 2026 revenue growth to slightly above 40% and capital spending to $60-64 billion, and announced a $100 billion Arizona investment. Watch HPC demand, the 2nm ramp, and gross-margin dilution.

Analysts expect $2.56B revenue and $1.96 EPS. CMC's full-year fiscal 2026 promises include capital spending near $600M, a tax rate of 7% to 9%, and Precast adjusted EBITDA of $165M to $175M. In its Jun 25 report, revenue was $2.48B, up 3.4% versus the estimate, and EPS was $1.73 versus $1.70 expected; the stock rose 3.9%. Going in, watch Precast EBITDA, TAG's $150M run-rate benefit, and the West Virginia micro mill ramp.

Analysts expect $2.17B in revenue and $0.77 EPS for Prologis's Oct 15 report. There is no quarterly company guide; the full-year Core FFO guide is $6.22 to $6.30 per share. Last quarter, revenue was $2.177B, 0.7% above the estimate, and EPS was $1.13 versus a $0.747 estimate; the stock rose 4.6%. Management raised full-year guidance and cited $2.1B of data-center development starts in the first half. Going in, questions are data-center pipeline progress, development-start spending, and same-store NOI growth.

Analysts expect revenue of $3.8B and EPS of $1.48. No quarterly guide; full-year 2026 alumina production and shipments were cut to 9.5–9.6 and 11.5–11.6 million metric tons. In the Jul 16 report, revenue was $4.0B, below the estimate, and EPS was $2.12 versus $2.25 expected; the stock fell 6.1%. Management cited "Pinjarra refinery instability and higher energy costs." The South32 deal awaits South32 shareholder approval expected in Oct or Nov. We are watching alumina shipments, the Aluminum segment's flat Q3 outlook, and South32 milestones.

Analysts expect $1.21B of revenue and $0.09 EPS when Liberty Energy reports after market close on Oct 15. Management raised 2026 capital spending guidance to about $1.5B, with deposits for long-lead power generation equipment. Last quarter, revenue was $1.19B and EPS was $0.09, both above estimates, while the stock fell 22%. Since then, the company announced the PowerBridge joint venture and SLB alliance. Heading in, watch the power ramp, the roughly $300 million milestone payments, and whether frac pricing and utilization held.