secwatch / observer

Earnings Releases

Quarterly and annual results disclosed under 8-K Item 2.02.

8-K items 2.02 JSON
EOG EOG RESOURCES INC

EOG RESOURCES INC reported financial results for first quarter 2024.

“On May 2, 2024, EOG Resources, Inc. issued a press release announcing first quarter 2024 financial and operational results and second quarter and full year 2024 forecast and benchmark commodity pricing information (see Item 7.01 below). A copy of this release is attached as Exhibit 99.1 to this filing and is incorporated herein by reference.”
XRAY DENTSPLY SIRONA Inc.

DENTSPLY SIRONA Inc. reported the first quarter of 2024 results: revenue $953 million, net income $18 million, EPS $0.09 per share. Guidance reaffirmed.

“except as shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Dentsply Sirona Reports First Quarter 2024 Results • Net sales of $953 million decreased (2.6%), organic sales decreased (1.9%) • GAAP gross margin of 53.1%, GAAP net income of $18 million or $0.09 per share • Adjusted EBITDA margin of 16.8%, adjusted EPS”
KWR QUAKER CHEMICAL CORP

QUAKER CHEMICAL CORP reported the first quarter ended March 31, 2024 results: revenue $469.8 million, net income $35.2 million, EPS $1.95.

“Vice President, Investor Relations investor@quakerhoughton.com T. 1.610.832.4087 For Release: Immediate QUAKER HOUGHTON ANNOUNCES FIRST QUARTER 2024 RESULTS • Q1’24 net sales of $469.8 million , net income of $35.2 million and earnings per diluted share of $1.95 • Q1’24 non-GAAP net income of $37.7 million and non-GAAP earnings per diluted share of $2.09 • Delivered”
AXGN Axogen, Inc.

Axogen, Inc. reported full year 2024 results: revenue 177 million to 181 million. Guidance reaffirmed.

“We are maintaining our annual revenue guidance in the range of $177 million to $181 million, which represents a growth rate of approximately 11% to 14%.”
AXGN Axogen, Inc.

Axogen, Inc. reported first quarter ended March 31, 2024 results: revenue 41.4 million, net income -6.6 million, EPS -0.15. Guidance reaffirmed.

“First quarter revenue was $41.4 million, a 12.9% increase compared to the first quarter of 2023.”
ATRO ASTRONICS CORP

ASTRONICS CORP updated its the three months ended March 30, 2024 guidance (reaffirmed).

“On May 2, 2024 , Astronics Corporation issued a news release announcing its first quarter financial results for 2024. A copy of the press release is attached as Exhibit 99.1.”
PBI PITNEY BOWES INC /DE/

PITNEY BOWES INC /DE/ reported Full Year 2024 results: revenue revenue growth to range from flat to a low- single digit decline. Guidance reaffirmed.

“We are maintaining our guidance and expect revenue growth to range from flat to a low- single digit decline and EBIT margins to remain relatively flat on a year-over-year basis.”
PBI PITNEY BOWES INC /DE/

PITNEY BOWES INC /DE/ reported First Quarter 2024 results: EPS GAAP EPS ($0.02).

“Revenue in the quarter was $831 million, flat compared to prior year”
PDEX PRO DEX INC

PRO DEX INC reported nine months ended March 31, 2024 results: revenue $38.8 million, net income $540,000, or $0.15 per diluted share, EPS $0.15 per diluted share.

“Net sales for the nine months ended March 31, 2024, increased $3.4 million, or 10%, to $38.8 million from $35.4 million for the nine months ended March 31, 2023”
PDEX PRO DEX INC

PRO DEX INC reported third quarter ended March 31, 2024 results: revenue $14.3 million, net income $655,000, or $0.19 per diluted share, EPS $0.19 per diluted share.

“Net sales for the three months ended March 31, 2024, increased $1.2 million, or 9%, to $14.3 million from $13.1 million for the three months ended March 31, 2023”
VGZ VISTA GOLD CORP

VISTA GOLD CORP reported quarter ended March 31, 2024 results: net income consolidated net loss of $1.1 million, or $0.01 per common share, EPS $0.01 per common share.

“Vista reported a consolidated net loss of $1.1 million, or $0.01 per common share, for the quarter ended March 31, 2024”
ITRI ITRON, INC.

ITRON, INC. reported the second quarter of 2024 results: revenue $595 and $605 million, EPS $0.90 and $1.00. Guidance initiated.

“Revenue between $595 and $605 million Non-GAAP diluted EPS between $0.90 and $1.00”
ITRI ITRON, INC.

ITRON, INC. reported the three months ended March 31, 2024 results: revenue $603 million, net income $52 million, EPS $1.12 per diluted share. Guidance reaffirmed.

“water, announced today financial results for its first quarter ended March 31, 2024. Key results for the quarter include (compared with the first quarter of 2023): Revenue of $603 million, increased 22%; Gross profit of $205 million, increased 31%; GAAP net income attributable to Itron, Inc. of $52 million, increased $64 million; GAAP diluted earnings per share of”
PATK PATRICK INDUSTRIES INC

PATRICK INDUSTRIES INC reported first quarter ended March 31, 2024 results: revenue $933 million, net income $35 million, EPS $1.59.

“today reported financial results for the first quarter ended March 31, 2024. Net sales increased 4% to $933 million”
PH Parker-Hannifin Corp

Parker-Hannifin Corp reported fiscal 2024 third quarter ended March 31, 2024 results: revenue $5.07 billion, net income $726.6 million, EPS $5.56. Guidance raised.

“Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2024 third quarter ended March 31, 2024. Sales were $5.07 billion compared with $5.06 billion in the third quarter of fiscal 2023. Net income was $726.6 million compared with $590.9 million in the prior year quarter.”
ARW ARROW ELECTRONICS, INC.

ARROW ELECTRONICS, INC. reported first quarter of 2024 results: revenue $6,924, net income 84, EPS 1.53.

“said Mr. Kerins. ​ ​ ​ ​ ​ ​ ​ Arrow Consolidated ​ Quarter Ended ​ ​ ​ March 30, ​ ​ April 1, (in millions except per share data) ​ 2024 ​ 2023 Consolidated sales ​ $ 6,924 ​ $ 8,736 Net income attributable to shareholders ​ 84 ​ 274 Net income per diluted share ​ ​ 1.53 ​ ​ 4.60 Non-GAAP net income attributable to shareholders (1) ​ ​ 132 ​ ​ 274”
SOUTHWESTERN ENERGY CO

SOUTHWESTERN ENERGY CO reported first quarter ended March 31, 2024 results: net income $1.5 billion net loss, EPS ($1.39) per diluted share.

“Southwestern Energy Company (the "Company") issued a press release announcing the Company's financial results for the quarter ended March 31, 2024.”
CVSA Covista Inc.

Covista Inc. updated its fiscal year 2024 guidance (raised).

“Adtalem guidance for fiscal year 2024, raises revenue guidance to a range of $1,560 million to $1,580 million from $1,520 million to $1,560 million, and raises adjusted earnings per share to be in the range of $4.80 to $5.00 from $4.55 to $4.75.”
CVSA Covista Inc.

Covista Inc. reported fiscal 2024 third quarter results: revenue $412.7 million, net income $36.8 million, EPS $0.93. Guidance raised.

“Guidance Raised Revenue up 11.8% YoY Total enrollment up 7.8% YoY Diluted earnings per share $0.93; Adjusted EPS $1.50, growth of 32.7% YoY ​ Third Quarter Highlights ● Revenue $412.7 million, up 11.8% year-over-year ● Total student enrollment 85,809, up 7.8% year-over-year ● Chamberlain University fifth straight quarter of total enrollment growth, up 9.0%”
ARIZONA PUBLIC SERVICE CO

ARIZONA PUBLIC SERVICE CO reported for the quarter ended March 31, 2024 results: net income $16.9 million, EPS $0.15 per diluted share of common stock. Guidance reaffirmed.

“Pinnacle West Capital Corp. (NYSE: PNW) today reported consolidated net income attributable to common shareholders of $16.9 million, or $0.15 per diluted share of common stock, for the quarter ended March 31, 2024.”
CAH CARDINAL HEALTH INC

CARDINAL HEALTH INC reported third quarter fiscal year 2024 results: revenue $54.9 billion, net income $258 million, EPS $1.05. Guidance raised.

“Cardinal Health Reports Third Quarter Fiscal Year 2024 Results and Raises Fiscal Year 2024 Non-GAAP EPS Guidance • Revenue increased 9% to $54.9 billion • GAAP 1 operating earnings were $367 million; GAAP diluted EPS was $1.05 • Non-GAAP operating earnings increased 10% to $666 million; non-GAAP diluted EPS increased 20% to $2.08 • Fiscal year 2024 non-GAAP EPS guidance 2 raised and narrowed to $7.30 to $7.40, from $7.20 to $7.35 • Company provides preliminary fiscal year 2025 non-GAAP EPS guidance of at least $7.50”
RAVE RAVE RESTAURANT GROUP, INC.

RAVE RESTAURANT GROUP, INC. reported third quarter of fiscal 2024 ended March 24, 2024 results: revenue $3.0 million, net income $0.7 million, EPS $0.04 per share.

“• Income before taxes increased 95.2% to $0.9 million for the third quarter of fiscal 2024 compared to the same period of the prior year. • Total revenue remained stable at $3.0 million for the third quarter of fiscal 2024 compared to the same period of the prior year. • Adjusted EBITDA increased by $0.2 million to $0.8 million for the third quarter of fiscal”
ACCO ACCO BRANDS Corp

ACCO BRANDS Corp reported full year 2024 results: EPS $1.02 to $1.07. Guidance lowered.

“Full year adjusted EPS is expected to be within a range of $1.02 to $1.07.”
ACCO ACCO BRANDS Corp

ACCO BRANDS Corp reported first quarter ended March 31, 2024 results: EPS ($0.07).

“Net sales were $358.9 million a 10.9 percent decline from $402.6 million in 2023.”
MUR MURPHY OIL CORP

MURPHY OIL CORP reported first quarter ended March 31, 2024 results: net income $90 million, EPS $0.59 net income per diluted share. Guidance reaffirmed.

“Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the first quarter ended March 31, 2024, including net income attributable to Murphy of $90 million, or $0.59 net income per diluted share.”
D DOMINION ENERGY, INC

DOMINION ENERGY, INC reported first-quarter 2024 results: net income $674 million ($0.78 per share), EPS $0.78 per share. Guidance reaffirmed.

“Dominion Energy, Inc. (NYSE: D), today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles (GAAP, or reported earnings) for the three months ended March 31, 2024, of $674 million ($0.78 per share) compared with net income of $981 million ($1.15 per share) for the same period in 2023.”
UNB UNION BANKSHARES INC

UNION BANKSHARES INC reported the three months ended March 31, 2024 results: net income Consolidated net income for the first quarter was $2.41 million.

“On May 2, 2024, Union Bankshares, Inc (the "Company") distributed its First Quarter 2024 unaudited Report to Shareholders (the "Quarterly Report") presenting information concerning the Company's results of operations and financial condition for the three months ended March 31, 2024”
DSGR Distribution Solutions Group, Inc.

Distribution Solutions Group, Inc. reported first quarter ended March 31, 2024 results: revenue $416,086, EPS $(0.11) per share.

“the reconciliations of GAAP to non-GAAP measures in Tables 2, 3 and 4. Three Months Ended March 31, December 31, (Dollars in thousands) 2024 2023 % Change 2023 % Change Revenue $ 416,086 $ 348,270 19.5 % $ 405,239 2.7 % Operating income (loss) $ 2,783 $ 16,721 (83.4) % $ (289) N/A Non-GAAP adjusted operating income $ 29,761 $ 32,783 (9.2) % $ 28,006 6.3 % Non-GAAP”
NFG NATIONAL FUEL GAS CO

NATIONAL FUEL GAS CO reported fiscal year ended September 30, 2024 results: EPS $4.75 to $5.05 per share. Guidance lowered.

“Company is revising its fiscal 2024 earnings guidance to a range of $4.75 to $5.05 per share, excluding items impacting comparability, while lowering capital expenditure guidance to a range of $885 to $980 million.”
NFG NATIONAL FUEL GAS CO

NATIONAL FUEL GAS CO reported the quarter and six months ended March 31, 2024 results: net income $166.3 million, or $1.80 per share, EPS $1.80 per share. Guidance lowered.

“National Fuel Gas Company (the “Company”) issued a press release regarding its earnings for the quarter and six months ended March 31, 2024.”
MSI Motorola Solutions, Inc.

Motorola Solutions, Inc. reported the first quarter of 2024 results: revenue $2,389, EPS ($0.23). Guidance raised.

“our revenue and earnings expectations for the full year.” KEY FINANCIAL RESULTS (presented in millions, except per share data and percentages) Q1 2024 Q1 2023 % Change Sales $2,389 $2,171 10 % GAAP Operating Earnings $519 $399 30 % % of Sales 21.7 % 18.4 % EPS ($0.23) $1.61 (114) % Non-GAAP 3 Operating Earnings $638 $532 20 % % of Sales 26.7 % 24.5 % EPS”
MDU MDU RESOURCES GROUP INC

MDU RESOURCES GROUP INC reported Three months ended March 31, 2024 results: net income 100.9, EPS 0.49. Guidance reaffirmed.

“MDU Resources Reports Strong First Quarter Results; Affirms 2024 Guidance”
MSB MESABI TRUST

MESABI TRUST reported financial results for quarter ended March 31, 2024.

“On April 30, 2024, Mesabi Trust received the quarterly royalty report of iron ore shipments out of Silver Bay, Minnesota during the quarter ended March 31, 2024”
MCS MARCUS CORP

MARCUS CORP reported first quarter fiscal 2024 ended March 28, 2024 results: revenue $138.5 million, net income Net loss was $11.9 million, EPS Net loss per diluted common share was $0.38.

“on the horizon this summer with an improving film slate expected this fall.” First Quarter Fiscal 2024 Highlights • Total revenues for the first quarter of fiscal 2024 were $138.5 million, a 9.0% decrease from total revenues of $152.3 million for the first quarter of fiscal 2023. • Operating loss was $16.7 million for the first quarter of fiscal 2024, compared to”
TELLURIAN INC. /DE/

TELLURIAN INC. /DE/ reported the quarter ended March 31, 2024 results: revenue approximately $25.5 million, net income approximately $44.0 million, or $0.06 per share (basic and diluted), EPS $0.06 per share (basic and diluted).

“the U.S. Federal Energy Regulatory Commission and its Section 404 permit from the U.S. Army Corps of Engineers. Consolidated financial results Tellurian generated approximately $25.5 million in natural gas revenues in the first quarter of 2024, driven by decreased realized natural gas prices and production volumes, compared to $50.9 million in the first quarter of”
LNC LINCOLN NATIONAL CORP

LINCOLN NATIONAL CORP reported the first quarter ended March 31, 2024 results: net income $1.2 billion, EPS $6.93 per diluted share.

“Lincoln Financial Group (NYSE: LNC) today reported financial results for the first quarter ended March 31, 2024. • Net income available to common stockholders was $1.2 billion, or $6.93 per diluted share.”
VECTOR GROUP LTD

VECTOR GROUP LTD reported for the three months ended March 31, 2024 results: revenue $324.6 million, net income $34.8 million, or $0.22 per diluted common share, EPS $0.22 per diluted common share.

“VECTOR GROUP REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS Continued Strong Earnings Growth in Tobacco Segment First Quarter 2024 Highlights: • Consolidated revenues of $324.6 million, down 2.9% or $9.6 million compared to the prior year period. • Tobacco segment revenues of $324.6 million, down 2.9% or $9.6 million compared to the prior year period. • Tobacco”
LEE LEE ENTERPRISES, Inc

LEE ENTERPRISES, Inc updated its second quarter ended March 24, 2024 guidance (reaffirmed).

“On May 2, 2024, Lee Enterprises, Incorporated (the “Company”) reported its preliminary results for the second quarter ended March 24, 2024.”
MZTI MARZETTI CO

MARZETTI CO reported financial results for three and nine months ended March 31, 2024.

“On May 2, 2024, Lancaster Colony Corporation issued a press release announcing its results for the three and nine months ended March 31, 2024.”
NVRI ENVIRI Corp

ENVIRI Corp reported financial results for the first quarter ended March 31, 2024.

“On May 2, 2024, Enviri Corporation (the “Company”) issued a press release announcing its earnings for the first quarter ended March 31, 2024.”
BOOM DMC Global Inc.

DMC Global Inc. reported quarter ended March 31, 2024 results: EPS $0.01.

“• First quarter sales were $166.9 million, down 9% vs. Q1 2023 • Net income was $2.3 million, while net income attributable to DMC was $2.6 million • Adjusted net income attributable to DMC* was $4.2 million versus $6.1 million in Q1 2023 • Adjusted diluted EPS attributable to DMC* was $0.21 versus $0.32 in Q1 2023”
KELLANOVA

KELLANOVA reported quarter ended March 30, 2024 results: revenue $3,200, EPS $0.78. Guidance reaffirmed.

“delivering results and creating shareowner value." 1 Financial Summary: Quarter ended (millions, except per share data) March 30, 2024 April 1, 2023 % Change Reported Net Sales $ 3,200 $ 3,342 (4.3) % Organic Net Sales * $ 3,495 $ 3,315 5.4 % Reported Operating Profit $ 393 $ 346 13.4 % Adjusted Operating Profit * $ 508 $ 404 25.7 % Currency-Neutral Adjusted”
HWM Howmet Aerospace Inc.

Howmet Aerospace Inc. reported first quarter of 2024 results: revenue $1.82 billion, net income $243 million, EPS $0.59. Guidance raised.

“Profit and Cash from Operations $150 Million Deployed for Common Stock Repurchases Full Year 2024 Guidance Increased First Quarter 2024 GAAP Financial Results · Revenue of $1.82 billion, up 14% year over year, driven by commercial aerospace, up 23% · Net income of $243 million versus $148 million in the first quarter 2023; earnings per share of $0.59 versus”
CoreCard Corp

CoreCard Corp reported the quarter ended March 31, 2024 results: revenue $13.1 million, net income $0.4 million, EPS $0.05.

“Total revenues in the three-month period ended March 31, 2024, was $13.1 million compared to $14.8 million in the comparable period in 2023.”
AAPL Apple Inc.

Apple Inc. reported fiscal 2024 second quarter ended March 30, 2024 results: revenue $90.8 billion, EPS $1.53.

“The Company posted quarterly revenue of $90.8 billion, down 4 percent year over year, and quarterly earnings per diluted share of $1.53.”
AMGN AMGEN INC

AMGEN INC reported first quarter 2024 results: revenue $7.4 billion, EPS $3.96.

“For the first quarter, total revenues increased 22% to $7.4 billion in comparison to the first quarter of 2023.”
VAL Valaris Ltd

Valaris Ltd reported first quarter 2024 results: revenue $525 million, net income $26 million.

“quarter, partially offset by more operating days for the floater fleet. Adjusted EBITDAR decreased to $84 million from $96 million in the fourth quarter. Revenues increased to $525 million from $484 million in the fourth quarter 2023. Excluding reimbursable items, revenues increased to $491 million from $453 million in the fourth quarter primarily due to VALARIS”
WEN Wendy's Co

Wendy's Co reported financial results for first quarter ended March 31, 2024.

“On May 2, 2024, The Wendy’s Company (the “Company”) issued a press release reporting its financial results for the fiscal quarter ended March 31, 2024 and other information.”
CHD CHURCH & DWIGHT CO INC /DE/

CHURCH & DWIGHT CO INC /DE/ reported the quarter ended March 31, 2024 results: revenue $1,503.3 million, EPS $0.93. Guidance raised.

“(NYSE: CHD) today announced the Company exceeded its outlook with stronger than expected sales growth and gross margin expansion. In the first quarter, net sales grew 5.1% to $1,503.3 million, gross margin expanded by 220 basis points, and reported EPS grew 13.4%. The Company continues to drive strong consumer demand across its portfolio. Organic sales grew 5.2%”
DXYN DIXIE GROUP INC

DIXIE GROUP INC reported first quarter ended March 30, 2024 results: revenue $65,254,000, net income net loss from continuing operations in the first quarter of 2024 was $2,410,000, EPS $0.16 per diluted share.

“(May 2, 2024) -- The Dixie Group, Inc. (NASDAQ: DXYN) today reported financial results for the quarter ended March 30, 2024. • Net sales in the first quarter of 2024 were $65.3 million compared to $67.1 million in the same period of the prior year • The gross profit margin for the three months of the first quarter of 2024 was 24.2% of net sales compared to”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.