American Airlines Q3 2026 Earnings: Record $16.3B Revenue, $269M Loss as Fuel Jumps 68%
American Airlines Q3 2026 revenue hit a record $16.3B (+19.3%), yet it lost $269M as fuel rose 68% to $4.6B; Q4 adjusted loss guided up to $1.10/share.
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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.
NextEra Energy Q3 2026 Earnings: Why $2.28 GAAP EPS Is Really $1.24
NextEra Q3 2026 GAAP EPS of $2.28 nearly doubled on $3B of unrealized rate-hedge gains; adjusted EPS rose 9.7% to $1.24 on FPL rate base and a 36.7 GW backlog.
Nonprofit Financial Statements Under FASB 958, Explained: The Two Net Asset Classes, the Liquidity Disclosure Donors Read, and How the Statement of Activities Differs From a P&L
ASU 2016-14 cut nonprofit net assets to two classes and added a liquidity note naming spendable funds — read the columns and the note before the total.
P&G Q1 FY2027 Earnings: $23.3B Sales, a $1.4B Commodity Warning, and Cash for Thorne
P&G Q1 FY2027: sales rose 4% to $23.3B on 2.4% volume growth, but gross margin fell 160 bps and a $1.4B commodity headwind looms as Thorne closes.
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.
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.
3M FY2026 Q3 Earnings: $2.63 EPS (+70%) on a $281M Solventum Gain — While Operating Cash Fell 72%
3M earned $2.63/share in Q3 2026 (+70%) on a $281M Solventum gain, while operating cash fell 72% to $486M on $1B of settlement payments.
AT&T Q3 2026 Earnings: The $891M Quarter That Exited Mexico
AT&T Q3 2026: $32.3B revenue (+5.3%, a beat) but $891M net income (-90%) as a $2.6B Mexico write-down laps the $5.5B DIRECTV gain.
Bank of America Q3 2026 Earnings: A $1.2 Billion Charge Masks 8% NII Growth
BofA Q3 2026: $0.91 EPS fell 17% on a $1.2B AML settlement, but NII grew 8% and ex-charge EPS of $1.08 rose 4%.
Capital One Q3 2026 Earnings: $5.61 EPS ($6.69 Adjusted) as the Discover Deal Starts Paying
Capital One Q3 2026: $5.61 EPS rose 16% ($6.69 adjusted) as NIM widened to 8.41% and Discover network interchange fees jumped 29%.
Chubb Q3 2026 Earnings: $7.66 Core EPS and an 84.1% Combined Ratio as Discipline Beats Growth
Chubb Q3 2026: $7.66 core EPS (+1%) on an 84.1% combined ratio and record $1.79B investment income, as North America Commercial shrank 2.7% by design.