Solstice gains after raising annual forecast
SOLS•Solstice raised its 2026 net sales forecast to $4.20 billion-$4.22 billion and lifted the lower end of its adjusted profit forecast to $2.90 per share. Third-quarter adjusted profit was 80 cents per share, above analysts’ 69-cent estimate.
1. Forecast raised
Solstice Advanced Materials raised its full-year forecasts, citing strong demand from data centers for its nuclear, refrigerants and electronic materials. It now expects 2026 net sales of $4.20 billion-$4.22 billion, versus its prior forecast of $4.13 billion-$4.19 billion. The company raised the lower end of its adjusted profit forecast to $2.90 per share from $2.75 and retained the upper end at $2.95.
2. Quarterly results
Third-quarter adjusted profit was 80 cents per share, topping analysts’ estimate of 69 cents. Solstice shares gained about 7% in premarket trading.
