Q3 2026

Third-quarter results expose three distinct paths to profit: JPMorgan scaling advisory and consumer banking, BofA doubling down on wealth management, Wells Fargo grinding out net interest income.

McDonald's delivered $3.57 adjusted EPS versus $3.38 consensus, with U.S. comps turning positive in September as value offerings drive customer recovery

Booking Holdings reported Q3 revenue of $8.89 billion—below consensus of $9.54 billion—but beat on adjusted EBITDA ($4.61B vs. $4.49B estimate) and gross bookings ($54.5B vs. $52.69B), signaling pricing pressure offset by cost discipline.

CL reported $5.369B in Q3 sales and $0.97 adjusted EPS, both topping estimates, and raised 2026 base business EPS growth guidance

BP crushed Q3 estimates with $8.46B net income, 54-cent EPS, and $14.8B operating cash flow, while cutting net debt to $13.9B—strong momentum for valuation re-rating.

Pool Corp's earnings beat and pricing power delivered a 10 percent rally, but the stock's 37 percent annual decline and Berkshire's exit suggest the market is pricing in structural headwinds

Charles Schwab reported third-quarter net new assets of $192.4 billion, beating estimates by 9 percent, but net interest revenue disappointed at $3.48 billion versus $3.52 billion consensus.

With Netflix trading 48 percent below all-time highs and ad revenue on track to double to $3 billion, Q3 results Oct. 20 are a critical test of Wall Street's pessimism.