8/105 sources · 4 publishersUpdated Oct 27, 23:17 UTC
LPL Financial reports Q3 2026 adjusted EPS beat with revenue miss and Commonwealth integration update
LPL Financial Holdings posted third‑quarter 2026 adjusted earnings of $5.97 per share, topping analyst forecasts. Revenue reached $5.34 billion, slightly below consensus. The firm highlighted a $357 million net income, total client assets of about $2.56 trillion and confirmed that the Commonwealth Financial Network conversion is on track for Q4 2026 with an expected 83% asset retention.
Why it matters
The company expects the Commonwealth integration to generate a run‑rate EBITDA of $415 million, according to its outlook. The earnings beat and integration progress may influence investor sentiment and the stock’s after‑hours movement.
Key facts
- 1Adjusted diluted EPS for Q3 2026 was $5.97. tradingview.com
- 2Net income for the quarter was $357 million, up from a $30 million loss a year earlier. tradingview.com
- 3Total client assets were $2.565 trillion as of Q3 2026. investing.com
- 4Commonwealth conversion is expected in Q4 2026 with approximately 83% asset retention. tradingview.com
- 5The company declared a quarterly dividend of $0.30 per share. seekingalpha.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.