<div id="readability-page-1"><div>Feb 11 (Reuters) - Solstice Advanced Materials forecast full-year 2026 earnings below market estimates on Wednesday, overshadowing solid fourth-quarter sales growth and continued strength in nuclear and electronic materials. The speciality materials maker that spun off from Honeywell in October expects 2026 adjusted earnings per share of $2.45 to $2.75, below analysts' average estimate of $2.93 per share, according to data compiled by LSEG. Solstice expects annual sales of between $3.9 billion and $4.1 billion, compared with an estimate of $3.96 billion. The revenue forecast signals modest growth from 2025, but continued pressure on profitability as the company absorbs higher operating costs and navigates the transition to low-global-warming-potential refrigerants. The product shift, along with plant downtime and other operational headwinds, has weighed on margins even as demand tied to nuclear energy, data centers and artificial intelligence remains strong. Chief Executive David Sewell told Reuters the company now sees the impact of its strategy as a standalone business focused on secular growth trends. Rapid growth in AI-driven data centers is boosting demand for its thermal management and refrigerant products, while advanced computing is driving growth in semiconductor electronic materials. Rising power needs linked to AI and data center expansion also support its nuclear energy business, he said, citing double-digit fourth-quarter growth across those segments. Fourth-quarter net sales rose 8% to $987 million, driven by double-digit growth in Nuclear (Alternative Energy Services), Electronic Materials and refrigerant products and also beat estimates of $923.3 million. However, adjusted standalone EBITDA for the October-December quarter fell nearly 20% to $189 million, with margin narrowing 662 basis points to 19.1%. (Reporting by Arunima Kumar in Bengaluru; Editing by Tasim Zahid)By Arunima Kumar</div></div>

SOLS

SOLSV

霍尼韦尔

霍尼韦尔分拆出的 Solstice Advanced Materials 预计 2026 年的收益将低于市场预期，预计调整后的每股收益为 2.45 美元至 2.75 美元，而分析师预期为 2.93 美元。尽管第四季度销售增长强劲，达到 9.87 亿美元，同比增长 8%，但由于运营成本上升以及向低全球变暖制冷剂的转变，公司的盈利能力受到压力。该公司预计年销售额将在 39 亿美元至 41 亿美元之间，显示出适度增长，但仍面临持续的利润率挑战。首席执行官 David Sewell 强调，尽管调整后的第四季度息税折旧摊销前利润（EBITDA）下降近 20%，但核能和人工智能驱动的数据中心的强劲需求仍是增长动力

Honeywell spinoff Solstice sees 2026 profit below estimate as margins remain under pressure

霍尼韦尔分拆公司 Solstice 预计 2026 年利润将低于预期，因其利润率持续承压