Lineage Falls Short of Q3 2026 Estimates as Revenue Falls 1.2% to $1.361B

Lineage (LINE) fell short of estimates for the third quarter of 2026. Revenue was $1.361 billion, down 1.2% from a year earlier, in line with the $1.363 billion estimate, and adjusted EPS was -$0.68, down 55% from a year earlier, below the -$0.22 estimate.

Shares fell 0.8% in after-hours trading as of 4:15 p.m. ET, to $39.36 from a $39.66 close.

Q3 2026 scorecard

By our calculation, adjusted EPS was $0.46 below it. The QoQ column compares with the previous quarter's revenue of $1.361 billion and adjusted EPS of -$0.13. The YoY column compares with $1.377 billion and -$0.44 in the same quarter a year earlier.

Track record

• EPS record. Adjusted EPS beat the estimate in 3 of the last 8 reports, including this one.
• Revenue record. Revenue beat the estimate in 1 of the last 8 reports.
• Revenue trend. Revenue over the last 5 reports, oldest first: $1.377 billion, $1.336 billion, $1.297 billion, $1.361 billion and $1.361 billion.

What to watch

• Next-quarter estimates. Consensus calls for EPS of -$0.20 and revenue of $1.36 billion next quarter, based on 3 analysts.
• Revenue growth. Whether revenue stabilizes after this quarter's 1.2% decline from a year earlier to $1.361 billion.
• Estimate record. Whether Lineage returns to beating EPS estimates, which it did in 3 of its last 8 reports.
• Related coverage. See our reports on Occidental Petroleum, Securitize, National Health Investors and Casella Waste Systems.

Sources: Results are from Lineage's Nov. 9, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Lineage's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.