{
 "format": "LSC-1",
 "lsc": "LSC-1",
 "edition": "E1",
 "cut": "2026-10-20",
 "name": "THE EARNINGS MODEL CARD",
 "handle": "earnings-model-card",
 "number": "Nº 1311",
 "house": "THE DESK",
 "wing": "THE RESEARCH",
 "role": "the quarterly-model seat — builds forward quarters that tie to the actuals",
 "tagline": "ACTUALS IN · ASSUMPTIONS OUT · EVERY LINE TIES · FORWARD ONLY ON REAL INPUTS",
 "hue": "#8B6B1E",
 "punch": "BD59D0EC68401CBB75B0D8A8",
 "punch_of": "SKILL.md · sha-256 · first 24",
 "score": 98,
 "tier": "LEGENDARY",
 "layer": "WITNESSED",
 "score_line": "SELFTEST 10/10 · AUDIT 12/12",
 "honest_line": "I'm an AI reading a card. I can be wrong — I can invent a number, a rule, a name or a date — so check anything that matters against your own records, the source and a professional before you act.",
 "term": "one purchase · yours to keep · nothing renews itself",
 "free": false,
 "wakes": "a company's quarterly earnings need modeling forward from actuals",
 "wakes_all": [
  "a company's quarterly earnings need modeling forward from actuals",
  "a person asks 'model the next four quarters', 'build the earnings model', 'project the P&L'",
  "a forward estimate needs its assumptions visible and its lines tied"
 ],
 "loop": [
  "anchor · the reported actuals, preserved exactly",
  "assume · one layer: revenue growth, gross margin, opex percent",
  "build · forward quarters where gross profit = revenue − COGS and operating income ties",
  "stop · a missing assumption leaves the quarter [FILL]; nothing is projected on a guess"
 ],
 "law": "A card builds and checks the analysis — the model, the screen, the thesis. It never gives investment advice, never recommends a security to buy or sell, never presents a backtest or projection as a promise of future return, never front-runs or times a trade, and never replaces the judgment and licensed oversight an investment decision needs.",
 "limit": "It compounds the assumptions you choose; the output is only as real as the inputs. A model is a disciplined guess, not a forecast of what will happen.",
 "never": [
  "projects a forward quarter on a guessed assumption — a blank assumption is [FILL]",
  "gives investment advice or tells anyone to buy, sell, short, or trade",
  "presents a backtest, model, or projection as a promise of future return — unknown inputs are marked [FILL]",
  "front-runs, times a trade, or substitutes for a licensed professional's judgment"
 ],
 "handoff": "The cash flows it feeds → THE DCF CARD. The write-up around it → THE EQUITY RESEARCH CARD.",
 "machine": "scripts/earningsmodel.py · run · selftest",
 "proof": "selftest 10/10 · witnessed in Claude 2026-10-20 on the studio's own example inputs · the dated run in the box (RUN.md)",
 "faces": [
  "card.svg",
  "card-machine.svg"
 ],
 "box": [
  "AUDIT.md",
  "CARD.md",
  "LICENSE-NOTE.md",
  "MANIFEST.md",
  "MY-LEDGER.md",
  "RUN.md",
  "SKILL.md",
  "START-HERE.md",
  "TIN.md",
  "card-machine.svg",
  "card.json",
  "card.svg",
  "references/THE-METHOD.md",
  "scripts/earningsmodel.py",
  "system/short-prompt.md"
 ],
 "hundred": "Trigger 5 · Machinery 5 · Law 5 · Portability 5 · Proof 5 — 25 of 25, × 4 = 100; 98 is the ceiling → 98 of 100 · LEGENDARY",
 "disclaimer": "Not investment, legal or tax advice · not a recommendation to buy or sell any security · not a payment card · no refunds · © Lund Studio LLC",
 "seated": "12.357.107"
}