Key Highlights

  • LPL Financial reported record adjusted EPS of $5.97, up 15%, on total revenue of $5,344.0 million, up 17%.
  • Cheesecake Factory posted record revenue of $1,033.4 million, with comparable sales at The Cheesecake Factory restaurants up 15.2%.
  • Boeing's total backlog reached a record $745.4 billion, up from $682.2 billion at year-end 2025.
  • Lincoln Electric and Crane both reported record adjusted EPS, at $2.98 and $2.05 respectively.
  • Robinhood reported record net revenues of $1.42 billion, up 12%, while net income fell 14% to $476 million.

Which Companies Reported Record Quarters and Backlogs on October 27?

Six companies reported record figures on Tuesday, October 27. LPL Financial (NASDAQ:LPLA) posted adjusted EPS of $5.97 and Cheesecake Factory (NASDAQ:CAKE) revenue of $1,033.4 million, while Lincoln Electric (NASDAQ:LECO) reached adjusted EPS of $2.98 and Crane (NYSE:CR) $2.05. Robinhood Markets (NASDAQ:HOOD) reported net revenues of $1.42 billion and Boeing (NYSE:BA) a backlog of $745.4 billion.

Each record sits next to a caveat, and the size of the beats varies widely. Robinhood's net income fell, Boeing still reported a core loss of $0.34 per share, and LPL's recruited assets dropped 26%. The sections below set out what each company said drove its result, including the guidance, margin and cash flow figures behind each record, so the headline numbers can be read in context.

LPL Financial: Did a Record $5.97 Adjusted EPS Come With Slower Recruiting?

Adjusted EPS rose 15% against an estimate of $5.69 as screened. GAAP net income was $356.6 million, or $4.52 per share, against a loss of $29.5 million a year earlier, when Commonwealth-related costs weighed on results. Adjusted pre-tax margin was 38.6%, and adjusted EBITDA rose 12% to $864.2 million.

Recruited assets fell 26% to $24.1 billion, yet total client assets reached $2.6 trillion, up 11%. Management expects to finish the Commonwealth conversion in the fourth quarter and narrowed its 2026 core G&A outlook to $2,140 million to $2,160 million. Advisory assets grew 16% to $1.56 trillion, and the company repurchased $300.6 million of stock in the quarter.

Cheesecake Factory: What Drove a 15.2% Comparable Sales Jump?

Revenue rose 13.9% from $907.2 million, above the company's own July range of $980 million to $990 million. Adjusted diluted EPS was $1.02 against $0.68. Management credited menu innovation, a rewards program and appeal to younger guests.

Operating margin widened to 7.2% from 4.1%, and North Italia was the soft spot, with comparable sales down 3%. No fourth-quarter or full-year guidance was given. Net debt was $563.7 million, down from $630.1 million at year-end, and up to 26 restaurant openings are planned for 2026.

Lincoln Electric: Did Volume Deliver the Record $2.98?

Net sales rose 15.1% to $1,221.3 million, and volume contributed 8.8 points of that, with price adding 5.7 points. Gross margin slipped to 34.8% from 36.7%, but lower selling and administrative costs lifted operating margin to 17.3%.

Americas Welding sales rose 15.8%, while International Welding volume fell 1.4%. The company declared a new dividend of $0.87 per share and gave no financial guidance. Free cash flow was $174.5 million, and total debt fell to $1,150.0 million from $1,294.0 million at year-end 2025.

Crane: Why Did a Record $2.05 Arrive With a Higher 2026 Range?

Adjusted EPS from continuing operations rose 23% against an estimate of $1.82 as screened, and net sales rose 28.1% to $754.6 million. Acquisitions added 21.1 points of growth, with core sales up 7.7%.

Guidance for 2026 adjusted EPS moved to $7.23 to $7.38 from $6.85 to $7.05. Backlog was $1,894.9 million, and the UK sale of Crane Building Services and Utilities for 230 million pounds is expected to close early in 2027. Aerospace and Advanced Technologies sales rose 27.4%, and Process Flow Technologies sales rose 28.7%, with adjusted margins of 26.3% and 24.0%.

Robinhood Markets: Can Record Revenue Offset a 55% Crypto Decline?

Net revenues rose 12% to $1.42 billion, but diluted EPS was $0.51 against $0.61, 8.07% below an estimate of $0.55 as screened. Event contracts contributed $173 million, while cryptocurrency revenue fell 55% to $120 million.

Net deposits were $15.7 billion, and October deposits were already above $13 billion. Management trimmed the top end of its 2026 expense outlook by $25 million to $2.675 billion to $2.75 billion. Funded customers rose 7% to 28.7 million, and Gold subscribers rose 34% to a record 5.2 million.

Boeing: What Does a Record $745.4 Billion Backlog Say About a Core Loss?

Revenue rose 4% to $24.188 billion, and the core loss was $0.34 per share against a loss of $7.47 a year earlier. Commercial Airplanes lost $697 million at the operating line, while Defense, Space and Security earned $492 million.

Free cash flow was $464 million, and Boeing delivered 161 airplanes. The 737 program continues toward 47 a month, and the 777-9 is on track for first delivery in 2027. Cash and marketable securities were $20.7 billion against consolidated debt of $45.9 billion, and the release contained no formal guidance.

Record Results Compared: Whose Growth Gap Was Widest?

Calculated from the reported figures, adjusted EPS grew about 50.0% at Cheesecake Factory ($1.02 against $0.68) and about 20.6% at Lincoln Electric ($2.98 against $2.47), against 23% at Crane and 15% at LPL Financial. Cheesecake Factory's 15.2% comparable sales are about twice the 7.5% rise over 39 weeks (calculated).

Boeing's backlog is up $63.2 billion from year-end 2025, about 9.3% (calculated). Crane's raised guidance moves the adjusted EPS midpoint up $0.355 to $7.305, about 5.1% (calculated). Over the same period Crane's acquisitions added 21.1 points of sales growth against 7.7% core growth, a gap of 13.4 points (calculated).

What to Watch Next: Conversions, Conferences and Rate Targets

LPL Financial is due to complete the Commonwealth conversion in the fourth quarter, and Crane holds its call on Wednesday, October 28 with the Trillium closing expected in the fourth quarter. Cheesecake Factory faces a strong comparable sales base, and its July revenue view of about $4.0 billion implies roughly $958 million for the fourth quarter (calculated). Boeing's markers are 737 output at 47 a month and 777-9 testing, while Robinhood investors can follow event contracts, crypto revenue stabilization, credit provisions and the pending acquisitions. Lincoln Electric's next markers are fourth-quarter volume trends in Americas Welding and whether Harris pricing holds.