Quarterly reports from 3M, Hasbro, Inc. and Equifax Inc. offered investors divergent signals, with 3M and Hasbro lifting parts of their 2026 outlooks as Equifax lowered its revenue forecast.
3M reported $6.6 billion in third-quarter sales and adjusted earnings of $2.50 per share. It raised its 2026 adjusted earnings forecast to $9.10 to $9.15 per share on a revised non-GAAP basis. The company said the revised calculation reflects a change in its treatment of intangible-asset amortization; the forecast update also incorporates year-to-date performance and an acquisition.
An Oct. 19 filing disclosed a seven-year warrant allowing an Amazon subsidiary to buy up to 3,162,015 3M shares at $164.89 per share. The filing says 85% of the warrant shares vest as Amazon pays for specified data center products, with that portion fully vested if cumulative payments reach $6 billion. It does not establish a $6 billion purchase commitment.
Hasbro reported a 15% year-over-year increase in third-quarter revenue and raised its 2026 constant-currency revenue-growth outlook to 7% to 9%, from 5% to 7%. The company said about $55 million in tariff refunds benefited operating profit. Equifax reported quarterly revenue of $1.693 billion, up 10% year over year, but lowered the midpoint of its 2026 revenue forecast to $6.661 billion, citing weakness in the U.S. mortgage market.
All three companies reported quarterly sales or revenue growth, but their full-year outlooks split. Hasbro’s updated range concerns growth measured in constant currency, while Equifax cited the mortgage market as a drag on its forecast.
The mixed Oct. 20 market close is detailed in EconoTimes’ earlier market report. The Dow Jones Industrial Average rose 529.85 points, or 1.02%, to 52,495.88. The S&P 500 gained 21.84 points to 7,712.57, while the Nasdaq Composite fell 6.07 points to 26,424.82.
The Associated Press reported that Brent crude futures neared $112 a barrel before retreating. The U.S. Treasury’s 10-year par yield eased to 5.12% on Oct. 20 from 5.15% on Oct. 19. Reuters reported that health care led S&P 500 sector gains, while technology weighed most heavily and energy shares fell as oil prices declined.
Because the Dow weights its 30 members by share price, it can move differently from broader U.S. stock indexes. The Federal Open Market Committee’s next scheduled meeting is Oct. 27-28.
