BUZZ - Hayward, the pool equipment company, surges in share price after third-quarter results exceed expectations and guidance is raised.

October 28 - ** Shares of pool equipment supplier Hayward Holdings (HAYW.N) surged 11.4% in early trading on Wednesday to $14.51, marking a two-month high, after the company reported quarterly results that beat expectations and raised its 2026 guidance.

** HAYW is set for its biggest single-day gain in a year

** The company (link) reported third-quarter sales up 6% year over year to $260.1 million, with adjusted earnings per share at $0.18; according to data from the London Stock Exchange Group (LSEG), Wall Street analysts had expected sales of $252.5 million and adjusted EPS of $0.15

** “Hayward delivered another solid quarterly performance, reflecting our disciplined execution and the resilience of our aftermarket business model with the existing customer base,” CEO Kevin Holleran said in a statement (link)

** Given the favorable pricing environment and continued adoption of technology, the company now expects 2026 sales to grow 5%-6%, up from previous guidance of about 5% growth

** The company slightly raised its 2026 adjusted earnings per share (EPS) forecast to the $0.86–$0.88 range, up from the previous $0.84–$0.87 outlook

** Boosted by this, HAYW’s year-to-date decline has narrowed to 6%, while the S&P 600 Building Products Index fell about 4.5% over the same period .SPSMCBULD

** Of the nine analysts covering HAYW, three rate it a “strong buy,” and six rate it “hold”; the median target price is $14

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