secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
FMBH FIRST MID BANCSHARES, INC.

FIRST MID BANCSHARES, INC. reported financial results for the quarter ended March 31, 2024.

“On April 24, 2024, the Company issued a press release to report its results of operations and financial condition as of and for the quarter ended March 31, 2024.”
MAS MASCO CORP /DE/

MASCO CORP /DE/ updated its 2024 guidance (reaffirmed).

“Continue to expect 2024 earnings per share in the range of $4.00 – $4.25 per share”
MAS MASCO CORP /DE/

MASCO CORP /DE/ reported first quarter 2024 results: revenue $1,926 million, EPS $0.97 per share.

“MASCO CORPORATION REPORTS FIRST QUARTER 2024 RESULTS Highlights • Net sales decreased 3 percent to $1,926 million • Operating profit increased 1 percent to $318 million; adjusted operating profit increased 3 percent to $322 million • Operating profit margin increased 60 basis points to 16.5 percent; adjusted operating profit margin increased 90 basis points to 16.7 percent • Earnings per share was $0.97 per share; adjusted earnings per share grew 8 percent to $0.93 per share • Repurchased 2.1 million shares for $148 million • Continue to expect 2024 earnings per share in the range of $4.00 – $4.25 per share”
INTERPUBLIC GROUP OF COMPANIES, INC.

INTERPUBLIC GROUP OF COMPANIES, INC. reported the first quarter of 2024 results: revenue $2.50 billion, net income $110.4 million, EPS $0.29 per basic and diluted share. Guidance reaffirmed.

“--- FOR IMMEDIATE RELEASE New York, NY (April 24, 2024) Interpublic Announces First Quarter 2024 Results FIRST QUARTER • Total revenue, including billable expenses, was $2.50 billion • Revenue before billable expenses (“net revenue”) was $2.18 billion, an increase of 0.3% from a year ago, with organic increase of 1.3% • Net income was $110.4 million as”
IBM INTERNATIONAL BUSINESS MACHINES CORP

INTERNATIONAL BUSINESS MACHINES CORP reported first-quarter 2024 results: revenue $14.5 billion, net income $1.6 billion, EPS $1.69. Guidance reaffirmed.

“by the end of 2024, subject to approval by HashiCorp shareholders, regulatory approvals and other customary closing conditions . First-Quarter Highlights • Revenue – Revenue of $14.5 billion, up 1 percent, up 3 percent at constant currency – Software revenue up 5 percent, up 6 percent at constant currency – Consulting revenue flat, up 2 percent at constant currency –”
HUM HUMANA INC

HUMANA INC reported year ending December 31, 2024 results: EPS $16.00. Guidance reaffirmed.

“Humana revised its GAAP EPS guidance for the year ending December 31, 2024 (FY 2024) to approximately $13.93 from approximately $14.87, while affirming its Adjusted EPS guidance of approximately $16.00.”
HUM HUMANA INC

HUMANA INC reported quarter ended March 31, 2024 results: revenue $29,611, EPS $6.11.

“and segment statistics comparing 1Q24 to 1Q23 follows. 2 Humana Inc. Summary of Results ($ in millions, except per share amounts) 1Q24 (a) 1Q23 (a) CONSOLIDATED Revenues $29,611 $26,742 Revenues - Adjusted (non-GAAP) $29,332 $25,652 Pretax results $1,014 $1,614 Pretax results - Adjusted (non-GAAP) $1,191 $1,552 EPS $6.11 $9.87 EPS - Adjusted (non-GAAP)”
HP Helmerich & Payne, Inc.

Helmerich & Payne, Inc. reported second fiscal quarter ended March 31, 2024 results: revenue $688 million, net income $85 million, EPS $0.84 per diluted share.

“Helmerich & Payne, Inc. (NYSE: HP) reported net income of $85 million, or $0.84 per diluted share, from operating revenues of $688 million for the quarter ended March 31, 2024, compared to net income of $95 million, or $0.94 per diluted share, from operating revenues of $677 million for the quarter ended December 31, 2023.”
HAS HASBRO, INC.

HASBRO, INC. reported first quarter 2024 results: net income $0.42 per diluted share, EPS $0.42 per diluted share; adjusted net earnings of $0.61 per diluted share.

“On April 24, 2024 , Hasbro, Inc. ("Hasbro" or "we") announced its financial results for the fiscal quarter ended March 31, 2024, and certain other financial information.”
GD GENERAL DYNAMICS CORP

GENERAL DYNAMICS CORP reported the quarter ended March 31, 2024 results: revenue $10.7 billion, EPS $2.88.

“General Dynamics Reports First-Quarter 2024 Financial Results April 24, 2024 • Revenue of $10.7 billion, up 8.6% from year-ago quarter • Operating earnings of $1 billion, up 10.4% from year-ago quarter • Diluted EPS of $2.88, up 9.1% from year-ago quarter • Operating margin of 9.7%, a 20 basis-point expansion from year-ago quarter”
FORD MOTOR CREDIT CO LLC

FORD MOTOR CREDIT CO LLC reported first quarter 2024 results: revenue 42.8 billion, net income 1.3 billion.

“Ford reports first-quarter revenue of $42.8 billion, net income of $1.3 billion, and adjusted EBIT of $2.8 billion”
F FORD MOTOR CO

FORD MOTOR CO reported first quarter 2024 results: revenue $42.8 billion, net income $1.3 billion. Guidance raised.

“Ford reports first-quarter revenue of $42.8 billion, net income of $1.3 billion, and adjusted EBIT of $2.8 billion”
SEIC SEI INVESTMENTS CO

SEI INVESTMENTS CO reported first quarter ended March 31, 2024 results: revenue $511,579, net income 131,400, EPS $0.99.

“2024 compared to $0.79 in first-quarter 2023. Consolidated Overview (In thousands, except earnings per share) For the Three Months Ended March 31, 2024 2023 % Revenues $511,579 $469,119 9% Net income 131,400 107,015 23% Diluted earnings per share $0.99 $0.79 25% “We entered 2024 with continued momentum, reflecting our strategic focus on increasing sales”
RRC RANGE RESOURCES CORP

RANGE RESOURCES CORP reported financial results for first quarter 2024.

“On April 23, 2024 Range Resources Corporation issued a press release announcing its first quarter 2024 results.”
CHDN Churchill Downs Inc

Churchill Downs Inc reported the first quarter ended March 31, 2024 results: revenue $590.9, net income $80.4, EPS $1.08.

“CONSOLIDATED RESULTS First Quarter (in millions, except per share data) 2024 2023 Net revenue $ 590.9 $ 559.5 Net income $ 80.4 $ 155.7 Diluted EPS $ 1.08 $ 2.05”
BG Bunge Global SA

Bunge Global SA reported the three months ended March 31, 2024 results: net income $ 244, EPS $ 1.68.

“On April 24, 2024, Bunge Global SA ("Bunge") issued a press release announcing its financial results for the three months ended March 31, 2024.”
VLTO Veralto Corp

Veralto Corp reported first quarter ended March 29, 2024 results: revenue $1,246 million, net income $184 million, EPS $0.74 per diluted common share. Guidance raised.

“the World's Most Vital ResourcesTM announced results for the first quarter ended March 29, 2024. Key First Quarter 2024 Results • Sales increased 1.8% year-over-year to $1,246 million, with non-GAAP core sales growth of 1.8% • Operating profit margin was 23.5% and non-GAAP adjusted operating profit margin was 24.5% • Net earnings were $184 million, or $0.74”
NBBK NB Bancorp, Inc.

NB Bancorp, Inc. reported the quarter ended March 31, 2024 results: net income $8.7 million, EPS $0.22 per diluted share.

“the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ ​ ​ Item 2.02 Results of Operation and Financial Condition. On April 24, 2024, NB Bancorp, Inc., the holding company for Needham Bank, issued a press release in which it announced its earnings for the quarter ended March 31, 2024. A copy of the press release announcing the results is included as Exhibit 99.1 to this Current Report on Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933.”
CHE CHEMED CORP

CHEMED CORP reported first quarter ended March 31, 2024 results: revenue $589.2 million, EPS $4.24.

“· Revenue increased 5.2% to $589.2 million · GAAP Diluted Earnings-per-Share (EPS) of $4.24, an increase of 18.4% · Adjusted Diluted EPS of $5.20, an increase of 21.5%”
CLB Core Laboratories Inc. /DE/

Core Laboratories Inc. /DE/ reported first quarter of 2024 results: revenue $129,600,000, EPS $0.07.

“for the first quarter of 2024. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE CORE LAB REPORTS FIRST QUARTER 2024 RESULTS: • FIRST QUARTER REVENUE OF $129.6 MILLION, UP MODESTLY SEQUENTIALLY AND YEAR-OVER-YEAR • FIRST QUARTER OPERATING INCOME OF $8.6 MILLION; EX-ITEMS, $14.9 MILLION, FLAT SEQUENTIALLY, UP 3% YEAR-OVER-YEAR • FIRST QUARTER”
PODC PodcastOne, Inc.

PodcastOne, Inc. reported preliminary financial results for fiscal quarter and fiscal year ended March 31, 2024.

“On April 24, 2024, PodcastOne, Inc. (the “Company”) issued a press release announcing certain preliminary financial results for its fiscal quarter and fiscal year ended March 31, 2024 and certain other updates.”
GXO GXO Logistics, Inc.

GXO Logistics, Inc. reported full year 2024 results: EPS Adjusted diluted EPS 2 of $2.73 to $2.93. Guidance initiated.

“Standalone basis (unchanged): • Organic revenue growth 2 of 2% to 5%; • Adjusted EBITDA 2 of $760 million to $790 million; • Adjusted diluted EPS 2 of $2.70 to $2.90; and • Free cash flow conversion 2 of 30% to 40% of adjusted EBITDA 2.”
SOAR Volato Group, Inc.

Volato Group, Inc. reported preliminary financial results for first quarter 2024.

“On April 18, 2024, Volato Group, Inc. (the "Company") issued a press release disclosing select preliminary key performance indicators for the quarter ended March 31, 2024.”
PB Bankshares, Inc.

PB Bankshares, Inc. reported the three months ended March 31, 2024 results: net income $317,000, EPS $0.13.

“PB Bankshares, Inc. (the "Company") issued a press release reporting its financial results at and for the three months ended March 31, 2024.”
Blue Foundry Bancorp

Blue Foundry Bancorp reported the three months ended March 31, 2024 results: net income net loss of $2.8 million, or $0.13 per diluted common share, EPS $0.13 per diluted common share.

“Blue Foundry Bancorp Reports First Quarter 2024 Results RUTHERFORD, NJ, April 24, 2024 — Blue Foundry Bancorp (NASDAQ:BLFY) (the “Company”), the holding company for Blue Foundry Bank (the “Bank”), today reported a net loss of $2.8 million, or $0.13 per diluted common share, for the three months ended March 31, 2024”
QS QuantumScape Corp

QuantumScape Corp reported financial results for first quarter of 2024, which ended March 31.

“On April 24, 2024, QuantumScape Corporation (the “Company”) announced its business and financial results for its first quarter of 2024, which ended March 31.”
PRG PROG Holdings, Inc.

PROG Holdings, Inc. reported the first quarter ended March 31, 2024 results: revenue $641.9 million, net income $22.0 million, EPS $0.49. Guidance raised.

“PROG Holdings Reports First Quarter 2024 Results • Consolidated revenues of $641.9 million; Earnings before taxes of $31.6 million • Adjusted EBITDA of $72.6 million • Diluted EPS of $0.49; Non-GAAP Diluted EPS of $0.91”
TCBX Third Coast Bancshares, Inc.

Third Coast Bancshares, Inc. reported financial results for first quarter ended March 31, 2024.

“On April 24, 2024, Third Coast Bancshares, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2024.”
OTIS Otis Worldwide Corp

Otis Worldwide Corp reported first quarter 2024 results: revenue $3.4 billion, net income $353, EPS $0.86. Guidance raised.

“Otis Worldwide Corporation (NYSE:OTIS) reported first quarter 2024 net sales of $3.4 billion with 3.8% organic growth. GAAP earnings per share (EPS) increased 8.9% to $0.86 and adjusted EPS increased 10.0% to $0.88.”
PFSI PennyMac Financial Services, Inc.

PennyMac Financial Services, Inc. reported first quarter of 2024 results: revenue $305.7 million, net income $39.3 million, EPS $0.74 per share on a diluted basis.

“PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $39.3 million for the first quarter of 2024, or $0.74 per share on a diluted basis, on revenue of $305.7 million.”
WH WYNDHAM HOTELS & RESORTS, INC.

WYNDHAM HOTELS & RESORTS, INC. reported three months ended March 31, 2024 results: revenue Fee-related and other revenues were $304 million, net income $16 million, EPS diluted earnings per share was $0.19; adjusted diluted EPS was $0.78. Guidance raised.

“up 2%. The largest contributors to first quarter growth were our Latin America and EMEA regions. 2 First Quarter Operating Results • Fee-related and other revenues were $304 million compared to $308 million in first quarter 2023, reflecting a decline of $5 million in royalty and franchise fees, partially offset by an 8% increase in ancillary revenue streams.”
EPRT ESSENTIAL PROPERTIES REALTY TRUST, INC.

ESSENTIAL PROPERTIES REALTY TRUST, INC. reported three months ended March 31, 2024 results: net income $0.28, EPS $0.28. Guidance raised.

“On April 24, 2024, Essential Properties Realty Trust, Inc. (the “Company”) issued a press release announcing the Company’s financial results for the three months ended March 31, 2024.”
GSHD Goosehead Insurance, Inc.

Goosehead Insurance, Inc. reported first quarter ended March 31, 2024 results: revenue $64.5 million, net income $1.8 million, EPS $0.07 per share. Guidance raised.

“lines insurance agency, today announced results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights • Total Revenues grew 11% over the prior-year period to $64.5 million in the first quarter of 2024 • First quarter Core Revenues* of $58.8 million increased 13% over the prior-year period • First quarter net income of $1.8 million improved from net”
ChampionX Corp

ChampionX Corp reported first quarter of 2024 results: revenue $922.1 million, net income $112.9 million.

“Revenue was $922.1 million, net income attributable to ChampionX was $112.9 million, and adjusted EBITDA was $191.7 million.”
RBBN Ribbon Communications Inc.

Ribbon Communications Inc. reported first quarter 2024 results: revenue $180 million, net income GAAP Net income (loss) $(30) million, EPS GAAP diluted earnings (loss) per share $(0.18).

“infrastructure operators to modernize and protect their networks, today announced its financial results for the first quarter 2024. Revenue for the first quarter of 2024 was $180 million, compared to $186 million for the first quarter of 2023. First quarter 2024 GAAP Loss from Operations improved $22 million year over year, and Non-GAAP Adjusted EBITDA improved”
CP CANADIAN PACIFIC KANSAS CITY LTD/CN

CANADIAN PACIFIC KANSAS CITY LTD/CN reported its three months ended March 31, 2024 results: revenue $3.5 billion, EPS $0.83.

“celebrating one year as a combined company Calgary – Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today announced its first-quarter results, including revenues of $3.5 billion, diluted earnings per share (EPS) of $0.83 and core adjusted combined diluted EPS 1, 2 of $0.93. “One year into our historic combination, I am proud of what our dedicated family”
Sterling Bancorp, Inc.

Sterling Bancorp, Inc. reported the quarter ended March 31, 2024 results: net income $(0.2) million, EPS $(0.00) per diluted share.

“Sterling Bancorp Reports First Quarter 2024 Financial Results”
VRT Vertiv Holdings Co

Vertiv Holdings Co reported the three months ended March 31, 2024 results: revenue net sales of $1,639 million. Guidance raised.

“to first quarter 2023, book-to-bill ratio 1.5x in first quarter 2024 and record high $6.3 billion backlog at the end of first quarter 2024 • First quarter 2024 net sales of $1,639 million, 8% higher than first quarter 2023 • First quarter 2024 operating profit of $203 million and adjusted operating profit (1) of $249 million, up 42% from first quarter 2023 •”
FTV Fortive Corp

Fortive Corp reported the first quarter of 2024 results: revenue $1.52 billion, net income $207 million, EPS $0.58. Guidance raised.

“For the first quarter, net earnings were $207 million. For the same period, adjusted net earnings were $295 million, which excludes the $63 million gain on sale of property in our Precision Technologies Segment. Diluted net earnings per share for the first quarter was $0.58. For the same period, adjusted diluted net earnings per share was $0.83. For the first quarter, revenues increased 4% year-over-year to $1.52 billion, which included core revenue growth of 3%.”
SLBK Skyline Bankshares, Inc.

Skyline Bankshares, Inc. reported the first quarter of 2024 results: net income $2.1 million, EPS $0.37 per share.

“The Company recorded net income of $2.1 million, or $0.37 per share, for the quarter ended March 31, 2024, compared to net income of $2.7 million, or $0.49 per share, for the same period in 2023.”
AM Antero Midstream Corp

Antero Midstream Corp reported first quarter 2024 results: net income $104 million, EPS $0.21 per diluted share.

“Net Income was a company record $104 million, or $0.21 per diluted share”
VKTX Viking Therapeutics, Inc.

Viking Therapeutics, Inc. reported financial results for the first quarter ended March 31, 2024.

“On April 24, 2024, we issued a press release reporting our financial results for the first quarter ended March 31, 2024 and providing a corporate update.”
CACI CACI INTERNATIONAL INC /DE/

CACI INTERNATIONAL INC /DE/ reported third quarter fiscal year 2024 results: revenue $1,937.5, net income $115.4, EPS $5.13. Guidance raised.

“value for our customers and our shareholders.” Third Quarter Results Three Months Ended (in millions, except earnings per share and DSO) 3/31/2024 3/31/2023 % Change Revenues $ 1,937.5 $ 1,744.3 11.1% Income from operations $ 181.3 $ 155.0 16.9% Net income $ 115.4 $ 100.7 14.5% Adjusted net income, a non-GAAP measure 1 $ 129.0 $ 114.5 12.7% Diluted earnings per”
SYF Synchrony Financial

Synchrony Financial reported first quarter 2024 results: net income $1.3 billion, EPS $3.14 per diluted share.

“Synchrony Financial (NYSE: SYF) today announced first quarter 2024 net earnings of $1.3 billion, or $3.14 per diluted share, compared to $601 million, or $1.35 per diluted share in the first quarter 2023.”
NAVI NAVIENT CORP

NAVIENT CORP reported first-quarter 2024 results: net income $73 million ($0.64 diluted earnings per share), EPS $0.64 diluted earnings per share.

“NAVIENT REPORTS FIRST-QUARTER 2024 FINANCIAL RESULTS HERNDON, Va., April 24, 2024 — Navient (Nasdaq: NAVI) today released its first-quarter 2024 financial results. OVERALL RESULTS • GAAP net income of $73 million ($0.64 diluted earnings per share).”
MC Moelis & Co

Moelis & Co reported first quarter ended March 31, 2024 results: revenue $217.5 million, net income $17.5 million, EPS $0.22 per share (diluted).

“Moelis & Company (NYSE:MC) today reported financial results for the quarter ended March 31, 2024. The Firm's first quarter GAAP revenues were $217.5 million as compared with $187.8 million in the prior year period. On an Adjusted basis, the Firm’s first quarter revenues of $217.5 million increased 17% from the prior year period. The Firm reported GAAP net income of $17.5 million and $0.22 per share (diluted) for the first quarter of 2024.”
VIRT Virtu Financial, Inc.

Virtu Financial, Inc. reported first quarter ended March 31, 2024 results: revenue $642.8 million, net income $111.3 million, EPS $0.59.

“Virtu Announces First Quarter 2024 Results NEW YORK, NY, April 24, 2024 - Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, today reported results for the first quarter ended March 31, 2024. First Quarter 2024: • Net income of $111.3 million; Normalized Adjusted Net Income 1 of $124.3 million • Basic and diluted earnings per share of $0.59; Normalized Adjusted EPS 1 of $0.76 • Total revenues of $642.8 million”
HLT Hilton Worldwide Holdings Inc.

Hilton Worldwide Holdings Inc. reported first quarter 2024 results: net income $268 million, EPS $1.04.

“Hilton Worldwide Holdings Inc. ("Hilton," "the Company," "we," "us" or "our") (NYSE: HLT) today reported its first quarter 2024 results.”
CCS Century Communities, Inc.

Century Communities, Inc. reported the three months ended March 31, 2024 results: revenue $948.5 million, net income $64.3 million, EPS $2.00 per diluted share.

“per diluted share · Adjusted net income of $71.4 million, or $2.22 per diluted share · Pre-tax income of $84.3 million · Adjusted EBITDA of $109.6 million · Total revenues of $948.5 million · Deliveries of 2,358 homes · Net new home contracts of 2,866 · Homebuilding gross margin of 21.3% · Adjusted homebuilding gross margin of 22.8% · Completed the acquisition of”

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.