CBL & Associates Properties Falls Short of Q3 2026 Estimates as Revenue Rises 3.3% to $143.9M

CBL & Associates Properties (CBL) fell short of estimates for the third quarter of 2026. Revenue was $143.9 million, up 3.3% from a year earlier, below the $146.6 million estimate, and adjusted EPS was $0.37, down 84% from a year earlier.

Shares were unchanged in after-hours trading as of 4:01 p.m. ET, to $47.94 from a $47.94 close.

Q3 2026 scorecard

By our calculation, revenue was $2.7 million below the estimate. The QoQ column compares with the previous quarter's revenue of $142.0 million and adjusted EPS of $1.47. The YoY column compares with $139.3 million and $2.38 in the same quarter a year earlier.

Track record

• EPS record. Adjusted EPS beat the estimate in 4 of the last 5 reports, including this one.
• Revenue record. Revenue beat the estimate in 5 of the last 8 reports.
• Revenue trend. Revenue over the last 5 reports, oldest first: $139.3 million, $150.4 million, $146.0 million, $142.0 million and $143.9 million.

What to watch

• Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 3.3% increase to $143.9 million.
• Estimate record. Whether CBL & Associates Properties extends a record of beating EPS estimates in 4 of its last 5 reports.
• Share reaction. How shares trade in the next regular session after the 0.0% gain in after-hours trading.
• Related coverage. See our reports on Apple Hospitality REIT, American Healthcare REIT, AMN Healthcare Services and Microchip Technology.

Sources: Results are from CBL & Associates Properties's Nov. 5, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from CBL & Associates Properties's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.