CSX Q3 2026 Earnings: Record $4.02B Revenue as Diesel Hits $4.24
CSX Q3 2026 revenue hit a record $4.02B (+12%) and EPS jumped 54% to $0.57; operating margin widened to 39.1% even as on-time arrivals slid to 56%.
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Plain-text accounting insights, tutorials, and updates from the Beancount.io team.
Credit Memo vs. Debit Memo: When to Shrink an Invoice, When to Grow It, and How Each Moves Accounts Receivable
A credit memo shrinks what a customer owes and a debit memo grows it — both adjust accounts receivable without rewriting the invoice.
Contra Accounts, Explained: Why Your Lender Reads the Net Number, Not the Gross One
Contra accounts offset their parents without erasing them: lenders underwrite net receivables, net equipment value, and net sales — not gross.
Comcast Q3 2026 Earnings: Peacock's $261M Profit Meets Broadband's 144,000 Losses
Comcast Q3 2026 revenue fell 6.1% to $29.3B on the Versant spin but rose 0.5% pro forma; Peacock earned $261M EBITDA as broadband lost 144,000 customers.
CME Group Q3 2026 Earnings: Record $1.74B Revenue on 29.4M Contracts a Day
CME Group Q3 2026 revenue rose 13% to a record $1.74B on 29.4M contracts a day; EPS rose 16% to $2.89, but the $154M spread on member collateral is fading.
Authorized vs. Issued vs. Outstanding Shares: What Each Count Means for Your Valuation, Your EPS, and Your Vote
Outstanding shares equal issued shares minus treasury stock — the only count that sets market cap, EPS, dividends, and votes.
Anti-Dilution Provisions, Explained: How Broad-Based Weighted Average Softens a Down Round
Broad-based weighted average reprices preferred stock partway to a down round's price; full ratchet resets it fully — founders absorb the difference.
American Express Q3 2026 Earnings: Record $20.1B Revenue and the $982M GBTG Gain
Amex Q3 2026: $5.42 EPS up 31% on record $20.1B revenue — but $1.11 is a one-time GBTG sale gain; adjusted EPS grew 13%.
Alaska Air Q3 2026 Earnings: Revenue Up 14% to $4.3B, Fuel Up 60%, a $147M Net Loss
Alaska Air Q3 2026 revenue rose 14.4% to $4.3B, but 60% higher fuel and a $75M tax catch-up drove a $147M net loss; 2026 now guides to a $5.00–$5.50 EPS loss.
Year-End Bonus and Severance Accruals: Deduct Them This Year Only If You Pass Two Tests
The IRS lets accrual-basis employers deduct unpaid year-end bonuses only if the liability is fixed by December 31 and paid by March 15.
Union Pacific Q3 2026 Earnings: Record $2.1B Net Income as Diesel Hits $4.21
Union Pacific Q3 2026 net income hit a record $2.1B (+16%) on $7.2B revenue; fuel surcharges covered $4.21 diesel 1.4x as the Norfolk Southern deal advances.
Trading vs. Available-for-Sale vs. Held-to-Maturity Securities: How ASC 320 Classification Works
ASC 320 sorts bonds by intent — trading gains hit earnings, AFS gains wait in OCI, HTM stays at amortized cost, and one early HTM sale taints the whole book.