Lithia Q3 2026 Earnings: $13.22 EPS Built on Buybacks, Not Operations
Lithia's Q3 2026 EPS jumped 54% to $13.22 while operating income fell 0.3% and adjusted net income 5%: buybacks and an $88.8M Pinewood gain did the work.
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Plain-text accounting insights, tutorials, and updates from the Beancount.io team.
Lam Research Q1 FY2027: The $8.22B Quarter That Turned Shipments Into Cash
Lam Research Q1 FY2027: revenue +54% to $8.22B at a record 40% operating margin, and $3.50B of operating cash flow cut DSO from 72 to 63 days.
Kinder Morgan Q3 2026 Earnings: Record $764M Profit as the $14.4B Backlog Becomes the Story
Kinder Morgan Q3 2026: net income rose 22% to a record $764M, Adjusted EBITDA 9% to $2.18B, and the backlog jumped $4.7B to $14.4B, mostly power-linked gas.
Johnson & Johnson Q3 2026 Earnings: $0.09 EPS on $25.4B Sales as a $5.5B Talc Charge Meets a Guidance Raise
J&J Q3 2026: $25.4B sales (+5.9%) but $0.09 EPS after a $5.5B talc charge; adjusted EPS $2.59 as guidance rises to $101.2B.
IBM Q3 2026 Earnings: $17.1B Revenue (+4.7%) as Software Carries a Tax-Boosted 26% Profit Jump
IBM Q3 2026: revenue rose 4.7% to $17.1B and net income 26%, but pre-tax income grew just 2.8% — an 11.9% tax rate did the work; Software grew 8.2%.
HoneyBook vs. Dubsado vs. Bonsai: Which Client-Management Platform Fits Your Freelance Business?
HoneyBook wins on proposal-to-paid speed, Dubsado on workflow automation, Bonsai on contracts plus tax — pick by billing model, team size, and setup budget.
Halliburton Q3 2026 Earnings: $417M Net Income and a 15% Margin Bet on 2027
Halliburton Q3 2026: revenue rose 1.8% to $5.70B, adjusted EPS hit $0.60, and the 2027 guide targets ~15% operating margins with North America flat.
Gain Contingencies, Explained: Why Accounting Books Probable Losses Early but Probable Wins Only When Realized
GAAP books probable losses now but gains only when realized — ASC 450 keeps lawsuits, refunds and earn-outs off your statements until the money is certain.
Financial Leverage, Explained: How Debt Magnifies Your Returns and Your Losses
The degree of financial leverage equals EBIT divided by EBT: a DFL of 2 turns a 10% operating dip into a 20% earnings fall.
Elevance Health Q3 2026 Earnings: The $6.99 Beat Built on a 90.6% Benefit Ratio
Elevance Health Q3 2026: $6.99 adjusted EPS (+15.9%) as the benefit ratio fell 70bp to 90.6%, but a $412M investment-income jump covered all the pre-tax gain.
Earnings and Profits (E&P), Explained: Why Your C Corp Distribution Can Be a Taxable Dividend Even When the Books Show No Profit
A C corp distribution is an IRS-taxable dividend whenever current or accumulated E&P covers it, even with no book profit. Ordering rules and deficit traps.
Cumulative Preferred Stock and Dividends in Arrears, Explained: How Missed Dividends Pile Up, Why Arrears Must Clear Before Common Holders See a Dollar, and Why They Stay a Footnote Until the Board Declares
Skipped cumulative preferred dividends stack up as arrears that must clear before common holders see a dollar — yet stay a footnote until declared.