Outside Big Tech, Tuesday's Earnings Winners Jumped as Much as 11%
On Tuesday, the Dow Jones and Russell 2000 rose, while the Nasdaq and S&P 500 saw modest gains. Four companies outside Big Tech—3M, Equifax, Hasbro, and KeyCorp—saw significant stock price increases (4.47% to 11.33%) due to earnings reports. 3M reported $6.6B in Q3 sales and raised its 2026 EPS guidance. Equifax saw 10% revenue growth but lowered its 2026 revenue outlook. Hasbro reported 15% revenue growth, driven by Magic: The Gathering, and raised its 2026 outlook.
How this was made
The 30-second read
Why it matters
Each company delivered earnings beats and/or guidance upgrades, leading to double‑digit stock gains and reinforcing a positive earnings season narrative.
Market read
The earnings beats and guidance lifts across these firms contributed to a broadly positive market tone on the day.
What to watch
Potential headwinds from higher mortgage rates could affect Equifax and broader credit‑data demand.
Background
The article summarizes Q3 earnings of four non‑tech mid‑cap companies that posted strong results and raised guidance, driving notable intraday price moves.
Ticker impact
3M reported Q3 sales up 1% and raised FY EPS guidance, sending the stock up 5.78% on Tuesday.
upward pressure as investors price in higher EPS guidance and data‑center partnership.
The earnings beat and guidance raise are fresh, material information that moved the stock sharply.
Equifax posted Q3 revenue up 10% but trimmed revenue midpoint guidance, with the stock rising 11.33% on the day.
upward pressure as the earnings beat outweighs the slight guidance reduction.
The earnings release is the first report of these numbers and drove a double‑digit move.
Hasbro delivered a 15% revenue increase, highlighted a $600 million Magic: The Gathering quarter, and raised its 2026 outlook, lifting the stock 11.20%.
upward pressure as the market digests the strong gaming segment performance.
First‑time disclosure of the earnings beat and outlook raise, which moved the share sharply.
KeyCorp posted record Q3 revenue of $2.04 billion and a 24% EPS increase, sending the stock up 4.47% on Tuesday.
upward pressure as investors reward the strong earnings and share repurchase.
The earnings release is fresh and moved the stock positively.
Market effects
Strong earnings across credit data, toys, industrials and banking suggest broader sector resilience in Q3.
U.S. market gains driven by mid‑cap earnings beats, supporting overall index momentum.
Limited to U.S. equities; no direct global macro implications.
Counterpoint
Some investors may view Equifax's guidance trim as a red flag despite the earnings beat.
Key entities
- company3M Company
Industrial conglomerate reporting modest sales growth and higher EPS guidance.
- companyEquifax Inc.
Credit data provider with strong revenue growth but slight guidance trim.
- companyHasbro, Inc.
Toy and game maker with record gaming revenue and raised outlook.
- companyKeyCorp
Regional bank delivering record revenue and earnings.
