Element Solutions Q3 2026 Earnings: Sales Up 52% to $995M, EBITDA Guide Raised to $720M
Element Solutions' Q3 2026 sales rose 52% to $995.3M on two deals; organic growth was 13%, Electronics +18% on AI demand, and the EBITDA guide rose to ~$720M.
#mergers-and-acquisitions
Mergers and Acquisitions
Accounting guidance for business acquisitions, goodwill, purchase price allocation, and deal structuring
Huntington Bancshares Q3 2026 Earnings: $2.8B Revenue Up 31%, EPS Down 20% on Cadence Deal
Huntington's Q3 2026 net interest income rose 37% to $2.07B on the Cadence deal, but 38% more shares cut diluted EPS 20% to $0.33 as nonperforming assets rose.
Badger Meter Q3 2026 Earnings: 20.2% Margin on Flat Sales as AMI Pauses
Badger Meter earned $35.9M on flat $235.9M Q3 2026 sales; EPS rose 4% to $1.24 and operating margin hit 20.2% as utility sales fell 3% ex-UDlive.
CACI Q1 FY2027 Earnings: $2.47B Revenue, a 2.0x Book-to-Bill, and Debt-Funded Growth
CACI Q1 FY2027: revenue rose 8.2% to $2.47B on a 2.0x book-to-bill, but only 2.1% was organic and a 59% jump in interest held net income growth to 4.5%.
Direct Listings vs. Reverse Mergers vs. Traditional IPOs: Three Ways to Go Public
A traditional IPO raises $100M+ but costs 5-7% in fees; direct listings and reverse mergers are faster and cheaper but raise no capital.
Iridium Q3 2026 Earnings: $106.9M Net Income Built on a $103.9M Paper Gain
Iridium Q3 2026 net income rose 188% to $106.9M, but $103.9M was a non-cash Aireon gain; operating income fell 55% ahead of the Rocket Lab close.
Norfolk Southern Q3 2026 Earnings: Record $3.53B Revenue, 67.4% Operating Ratio
Norfolk Southern Q3 2026 revenue hit a record $3.53B (+14%), EPS rose 7% to $3.37, and the operating ratio worsened 280 bps to 67.4% as merger costs mounted.
Waste Connections Q3 2026 Earnings: $153M of Price Covers a $55M Volume Drop
Waste Connections grew Q3 2026 revenue 7.3% to $2.64B as price added $153M and volumes lost $55M; adjusted EBITDA margin hit 34.0% and guidance rose again.
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.
Danaher Q3 2026 Earnings: The $6.6B Quarter That Masimo Built
Danaher Q3 2026 revenue rose 8.3% to $6.55B, mostly on Masimo; $291M of tax benefits lifted net income 36%, just 4% without them. EPS guide: $8.57–$8.62.
Honeywell Q3 2026 Earnings: $5.0B Sales and a 640bp Margin Jump After the Breakup
Honeywell's first post-breakup quarter: Q3 2026 sales of $5.0B grew 7% organically, operating margin jumped 640bp to 14.8% and adjusted EPS rose 34%.
Market Cap vs. Enterprise Value: Why Share Price Times Shares Outstanding Misses Debt and Cash
Enterprise value adds debt and subtracts cash from market cap, giving the theoretical takeover price buyers actually negotiate from.