Earnings Releases

First Internet Bancorp reported first quarter ended March 31, 2024 results: net income $5.2 million, EPS $0.59.

“First Internet Bancorp Reports First Quarter 2024 Results Fishers, Indiana, April 24, 2024 – First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today financial and operational results for the first quarter ended March 31, 2024.”

Empire State Realty Trust, Inc. reported first quarter 2024 results: net income $0.03 per share, EPS $0.03 per share. Guidance reaffirmed.

“Empire State Realty Trust, Inc. (the “Company” or “we”) issued a press release announcing its financial results for the first quarter 2024.”

HomeTrust Bancshares, Inc. reported first quarter of the year ending December 31, 2024 results: net income net income was $15.1 million, EPS diluted earnings per share ("EPS") was $0.88.

“On April 24, 2024 , HomeTrust Bancshares, Inc., (the "Company") the holding company for HomeTrust Bank, issued a press release reporting financial results for the first quarter of the year ending December 31, 2024,”

FS Bancorp, Inc. reported for the quarter ended March 31, 2024 results: net income $8.4 million, EPS $1.06 per diluted share.

“FS Bancorp, Inc. Reports First Quarter Net Income of $8.4 Million or $1.06 Per Diluted Share”

Mama's Creations, Inc. reported the fiscal year and quarter ended January 31, 2024 results: revenue $26.7 million (Q4) and $103.3 million (FY), net income $1.4 million (Q4) and $6.5 million (FY), EPS $0.04 per diluted share (Q4) and $0.17 per diluted share (FY).

“reference in such filing. --- EX-99.1 () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 Mama’s Creations Reports Fourth Quarter and Fiscal Year 2024 Financial Results “Catapult” in 4 Cs Strategy Drives 17% Revenue Growth and $6.7 Million in Cash Flow from Operations in Fourth Quarter EAST RUTHERFORD, NJ – April 24, 2024 – Mama’s Creations, Inc . (Nasdaq:”

Origin Bancorp, Inc. reported financial results for first quarter 2024.

“Origin Bancorp, Inc. (the "Company" or the "Registrant") issued a press release announcing its first quarter 2024 results of operations.”

Bankwell Financial Group, Inc. reported the first quarter of 2024 results: net income $3.8 million, or $0.48 per share, EPS $0.48 and $0.48, respectively. Guidance reaffirmed.

“Bankwell Financial Group, Inc. (NASDAQ: BWFG) reported GAAP net income of $3.8 million, or $0.48 per share for the first quarter of 2024, versus $10.4 million, or $1.33 per share, for the same period in 2023.”

Knight-Swift Transportation Holdings Inc. reported financial results for quarter ended March 31, 2024.

“On April 24, 2024 , Knight-Swift Transportation Holdings Inc. (the "Company") issued a press release (the "Press Release") announcing its financial results for the quarter ended March 31, 2024.”

Capitol Federal Financial, Inc. reported second quarter of fiscal year 2024 results: net income net income of $13.8 million, EPS basic and diluted earnings per share of $0.11.

“For the quarter ended March 31, 2024, the Company recognized net income of $13.8 million, or $0.11 per share, compared to a net income of $2.5 million, or $0.02 per share, for the quarter ended December 31, 2023.”

National Bank Holdings Corp reported for the quarter ended March 31, 2024 results: net income $ 31,391, EPS $ 0.82.

“On April 24, 2024, National Bank Holdings Corporation (“NBHC”) issued a press release announcing its financial results for the quarter ended March 31, 2024, which press release is furnished as Exhibit 99.1 hereto, except for such portions that are being “filed” as specified under Item 9.01 below, and is incorporated herein by reference.”

First American Financial Corp reported first quarter ended March 31, 2024 results: revenue $1.4 billion, net income $46.7 million, EPS $0.45.

“results for the first quarter ended March 31, 2024. Current Quarter Highlights • Earnings per diluted share of $0.45, or $0.45 per share on an adjusted basis • Total revenue of $1.4 billion, down 1 percent compared with last year ‐ Adjusted total revenue of $1.4 billion, down 3 percent compared with last year • Title Insurance and Services segment investment income”

INDEPENDENCE REALTY TRUST, INC. reported the quarter ended March 31, 2024 results: net income $17.6 million, EPS $0.08.

“On April 24, 2024, we issued a press release announcing our financial results for the three months ended March 31, 2024.”

BRC Group Holdings, Inc. reported the fiscal year ended December 31, 2023 results: revenue $ 1,643,600.

“The audited financial statements in the Company's Annual Report reflected certain non-cash adjustments to the preliminary results announced on February 29, 2024. The cumulative impact of these adjustments on the Company's key reported financial metrics is summarized in the below table. For a complete summary of financial results for the fourth quarter and full year ended 2023, including a comparison to 2022 financial results, please see the appendix at the end of this press release. Twelve Months Ended December 31, 2023 (Dollars in thousands) Preliminary Adjustments Final Total revenues $ 1,647,185 $ (3,585 ) $ 1,643,600 Operating income (loss) 150,630 (5,977 ) 144,653 Net loss available to common shareholders (86,371 ) (21,596 ) (107,967 ) Adjusted EBITDA 239,877 (29,633 ) 210,244 Operating Adjusted EBITDA 367,604 (4,595 ) 363,009”

Live Oak Bancshares, Inc. reported first quarter ended March 31, 2024 results: revenue $116,208, net income $16,548, EPS $0.36.

“from the crowd.” First Quarter 2024 Key Measures (Dollars in thousands, except per share data) Increase (Decrease) 1Q 2024 4Q 2023 Dollars Percent 1Q 2023 Total revenue (1) $ 116,208 $ 119,683 $ (3,475) (2.9) % $ 101,596 Total noninterest expense 78,679 93,204 (14,525) (15.6) 78,962 Income before taxes 21,165 17,484 3,681 21.1 3,613 Effective tax rate 21.8 %”

PennyMac Mortgage Investment Trust reported the first quarter of 2024 results: revenue net investment income of $74.2 million, net income net income attributable to common shareholders of $37.2 million, EPS $0.39 per common share on a diluted basis.

“PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $37.2 million, or $0.39 per common share on a diluted basis for the first quarter of 2024, on net investment income of $74.2 million.”

ANTERO RESOURCES Corp reported first quarter 2024 results: net income Net income was $36 million. Guidance raised.

“announcing its financial and operational results for the quarter ended March 31, 2024.”

TE Connectivity plc reported financial results for fiscal second quarter ended March 29, 2024.

“TE Connectivity Ltd. (the “Company”) issued a press release reporting the Company’s second quarter results for fiscal 2024. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated by reference in this Item 2.02.”

Owens Corning updated its second-quarter and full-year 2024 guidance (reaffirmed).

“For the second-quarter 2024, the company expects overall performance to result in net sales in line with second quarter 2023, while generating approximately 20% EBIT margins for its existing businesses”

Owens Corning reported quarter ended March 31, 2024 results: revenue $2.3 Billion, net income $299 Million, EPS $3.40.

“Owens Corning Delivers Net Sales of $2.3 Billion; Generates Net Earnings of $299 Million and Adjusted EBIT of $438 Million”

UR-ENERGY INC updated its quarter ended March 31, 2024 guidance (lowered).

“Meanwhile, ramp-up continues at Lost Creek with additional development and production leading to another shipment of yellowcake being made this month. We continue to overcome ramp-up challenges. Due to those challenges, we are updating and reducing our 2024 production guidance to 550,000 – 650,000 pounds captured.”

ServiceNow, Inc. updated its three months ended March 31, 2024 guidance (raised).

“ServiceNow Reports First Quarter 2024 Financial Results”

Western Union CO updated its first quarter 2024 guidance (raised).

“The Company’s first-quarter revenue of $1.05 billion improved 1% on a reported basis or grew 3% on a constant currency basis”

Western Union CO reported first quarter 2024 results: revenue $1.05 billion, EPS $0.41. Guidance raised.

“Q1 GAAP revenue of $1.05 billion, up 1% on a reported basis, or up 3% on an adjusted basis”

Travel & Leisure Co. reported first quarter 2024 results: revenue $916 million, net income $66 million, EPS $0.92 diluted earnings per share. Guidance reaffirmed.

“Net income of $66 million, $0.92 diluted earnings per share, on net revenue of $916 million”

Evercore Inc. reported the first quarter ended March 31, 2024 results: revenue $580.8 million, net income $85.7 million, EPS $2.09.

“% 66.0 % 63.5 % Operating Margin 14.5 % 18.7 % 15.4 % 20.0 % Effective Tax Rate (7.7 %) 14.9 % (9.3 %) 15.2 % Business and Financial Highlights g First Quarter Net Revenues of $580.8 million on a U.S. GAAP basis and $587.3 million on an Adjusted basis increased 2% on both a U.S. GAAP and an Adjusted basis versus First Quarter 2023 g In the first quarter, we advised”

ENTERGY LOUISIANA, LLC reported first quarter 2024 results: net income $75 million, EPS 35 cents per share. Guidance reaffirmed.

“Entergy reports first quarter 2024 financial results April 24, 2024 Page 2 Consolidated earnings (GAAP and non-GAAP measures) First quarter 2024 vs. 2023 (See Appendix A for reconciliation of GAAP to non-GAAP measures and description of adjustments) First quarter 2024 2023 Change (After-tax, $ in millions) As-reported earnings 75 311 (236) Less adjustments (155) 69 (223) Adjusted earnings (non-GAAP) 230 242 (12) Estimated weather impact (26) (47) 21 (After-tax, per share in $) As-reported earnings 0.35 1.47 (1.11) Less adjustments (0.72) 0.32 (1.05) Adjusted earnings (non-GAAP) 1.08 1.14 (0.07) Estimated weather impact (0.12) (0.22) 0.10 Calculations may differ due to rounding Consolidated results For first quarter 2024, the company reported earnings of $75 million, or 35 cents per share, on an as-reported basis, and earnings of $230 million, or $1.08 per share, on an adjusted basis.”

Bridgewater Bancshares Inc reported first quarter of 2024 results: net income $7.8 million, EPS $0.24 diluted earnings per common share.

“Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $7.8 million for the first quarter of 2024, compared to $8.9 million for the fourth quarter of 2023, and $11.6 million for the first quarter of 2023. Earnings per diluted common share were $0.24 for the first quarter of 2024, compared to $0.28 for the fourth quarter of 2023, and $0.37 for the first quarter of 2023.”

Meta Platforms, Inc. reported the quarter ended March 31, 2024 results: revenue $36,455, net income $12,369, EPS $4.71. Guidance reaffirmed.

“the metaverse as well." First Quarter 2024 Financial Highlights Three Months Ended March 31, % Change In millions, except percentages and per share amounts 2024 2023 Revenue $ 36,455 $ 28,645 27 % Costs and expenses 22,637 21,418 6 % Income from operations $ 13,818 $ 7,227 91 % Operating margin 38 % 25 % Provision for income taxes $ 1,814 $ 1,598 14 %”

Waste Connections, Inc. reported first quarter of 2024 results: revenue $2.073 billion, net income $230.1 million, EPS $0.89 per share on a diluted basis.

“FIRST QUARTER 2024 RESULTS ​ ​ - Strong start to 2024 on price-led organic growth in solid waste, improving operating trends and continued acquisition activity - Revenue of $2.073 billion, above outlook and up 9.1% year over year - Net income (a) of $230.1 million and adjusted EBITDA (b) of $650.7 million, above outlook and up 14.8% year over year - Adjusted”

BOEING CO reported the first quarter of 2024 results: revenue $16.6 billion, EPS GAAP loss per share of ($0.56) and core (non-GAAP)* loss per share of ($1.13).

“actions in our commercial business to strengthen quality and safety • Financial results reflect lower 737 deliveries and 737-9 grounding customer considerations • Revenue of $16.6 billion, GAAP loss per share of ($0.56) and core (non-GAAP)* loss per share of ($1.13) • Operating cash flow of ($3.4) billion and free cash flow of ($3.9) billion (non-GAAP)* • Total”

NEWMARKET CORP reported the first quarter ended March 31, 2024 results: revenue $677.3 million, net income $107.7 million, EPS $11.23 per share.

“or $11.23 per share, compared to net income of $97.6 million, or $10.09 per share, for the first quarter of 2023. Petroleum additives sales for the first quarter of 2024 were $677.3 million, compared to $700.0 million for the same period in 2023. Petroleum additives operating profit for the first quarter of 2024 was $150.9 million, compared to $132.1 million for the”

MOLINA HEALTHCARE, INC. reported first quarter ended March 31, 2024 results: revenue Premium Revenue $9,504; Total Revenue $9,931, net income Net Income $334, EPS Adjusted EPS – Diluted $5.73. Guidance reaffirmed.

“earnings per diluted share of $5.73. Financial results are summarized below: Three months ended March 31, 2024 2023 (In millions, except per-share results) Premium Revenue $9,504 $7,885 Total Revenue $9,931 $8,149 GAAP: Net Income $301 $321 EPS – Diluted $5.17 $5.52 Medical Care Ratio (MCR) 88.5 % 87.1 % G&A Ratio 7.2 % 7.2 % After-tax Margin 3.0 % 3.9 %”

MAXLINEAR, INC reported the first quarter ended March 31, 2024 results: revenue $95.3 million, EPS GAAP diluted loss per share was $0.88.

“forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- FOR IMMEDIATE RELEASE MaxLinear, Inc. Announces First Quarter 2024 Financial Results • Net revenue of $95.3 million in Q1, GAAP gross margin of 51.7% and non-GAAP gross margin of 60.6% Carlsbad, Calif. – April 24, 2024 – MaxLinear, Inc. (Nasdaq: MXL), a leading provider of radio frequency”

NORTHRIM BANCORP INC reported first quarter ended March 31, 2024 results: net income $8.2 million, EPS $1.48 per diluted share.

“Northrim BanCorp Earns $8.2 Million, or $1.48 Per Diluted Share, in First Quarter 2024”

CME GROUP INC. reported financial results for the quarter ended March 31, 2024.

“Attached and incorporated herein by reference as Exhibit 99.1 is a copy of a press release of CME Group Inc. dated April 24, 2024, reporting CME Group Inc.’s financial results for the quarter ended March 31, 2024.”

TRAVELZOO reported first quarter ended March 31, 2024 results: revenue $22.0 million, net income $4.2 million, EPS $0.31 per share.

“Consolidated revenue was $22.0 million, up 2% from $21.6 million ye ar-over-ye ar. In constant currencies, revenue was $21.8 million, up 1% year-over-year. Travelzoo's reported revenu e consists of advertising revenues and commissions, derived from and generated in connection with purchases made by Travelzoo members, and membership fees Net income attributable to Travelzoo was $4.2 million for Q1 2024, or $0.31 per share, compared with $0.23 in the prior-year period.”

ALIGN TECHNOLOGY INC reported first quarter ended March 31, 2024 results: revenue $997.4 million, net income $105.0 million, EPS $1.39.

“revenues up 5.8% year-over-year including revenue growth of 3.5% from Clear Aligners and growth of 17.5% from Imaging Systems and CAD/CAM Services • Q1'24 total revenues of $997.4 million, increased 5.8% year-over-year, and diluted net income per share of $1.39, non-GAAP diluted net income per share of $2.14 • Q1'24 revenues were favorably impacted by foreign”

IMPINJ INC reported first quarter ended March 31, 2024 results: revenue $76.8 million, net income $33.3 million, EPS $1.10 per diluted share.

“First Quarter 2024 Financial Summary • Revenue of $76.8 million • GAAP gross margin of 48.9%; non-GAAP gross margin of 51.5% • GAAP net income of $33.3 million, or income of $1.10 per diluted share using 31.4 million shares • Adjusted EBITDA of $6.7 million • Non-GAAP net income of $6.2 million, or income of $0.21 per diluted share using 28.8 million shares”

COMMUNITY HEALTH SYSTEMS INC reported the three months ended March 31, 2024 results: revenue $3.140 billion, net income $(41) million, EPS $(0.32) per share (diluted).

“available to us this year.” The following highlights the financial and operating results for the three months ended March 31, 2024. • Net operating revenues totaled $3.140 billion. • Net loss attributable to Community Health Systems, Inc. stockholders was $(41) million, or $(0.32) per share (diluted), compared to $(51) million, or $(0.40) per share”

FIDELITY D & D BANCORP INC reported the three-month period ended March 31, 2024 results: net income $5.1 million, EPS $0.88 diluted earnings per share.

“Net income for the quarter ended March 31, 2024 was $5.1 million, or $0.88 diluted earnings per share, compared to $7.0 million, or $1.24 diluted earnings per share, for the quarter ended March 31, 2023.”

TELEDYNE TECHNOLOGIES INC reported first quarter 2024 results: revenue $1,350.1 million, net income $178.5 million ($3.72 diluted earnings per share). Guidance lowered.

“Teledyne today reported first quarter 2024 net sales of $1,350.1 million, compared with net sales of $1,383.3 million for the first quarter of 2023, a decrease of 2.4%. Net income attributable to Teledyne was $178.5 million ($3.72 diluted earnings per share) for the first quarter of 2024, compared with $178.7 million ($3.73 diluted earnings per share) for the first quarter of 2023, a decrease of 0.1%.”

LENNOX INTERNATIONAL INC reported full year 2024 results: EPS Raising 2024 EPS guidance range to $19.00-$20.00 from prior range of $18.50-$20.00. Guidance raised.

“Raising 2024 EPS guidance range to $19.00-$20.00 from prior range of $18.50-$20.00”

LENNOX INTERNATIONAL INC reported first quarter of 2024 results: revenue $1.05 billion, net income $124 million, EPS $3.47. Guidance raised.

“Lennox (NYSE: LII), a leader in energy-efficient climate-control solutions, today reported first quarter financial results with $1.05 billion of revenue, a record $167 million of operating profit and $3.47 GAAP diluted earnings per share.”

PROSPERITY BANCSHARES INC reported financial results for the first quarter ended March 31, 2024.

“On April 24, 2024, Prosperity Bancshares, Inc. publicly disseminated a press release announcing its financial results for the first quarter ended March 31, 2024. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference.”

WHIRLPOOL CORP /DE/ updated its first quarter and full year of 2024 guidance (reaffirmed).

“On April 24, 2024, Whirlpool Corporation issued a press release providing information regarding earnings for the first quarter and full year of 2024.”

BLACKSTONE MORTGAGE TRUST, INC. reported the first quarter ended March 31, 2024 results: net income $124 million, EPS ($0.71).

“The net loss attributable to Blackstone Mortgage Trust for the quarter was $124 million. First quarter EPS, Distributable EPS, Distributable EPS prior to charge-offs, and dividends paid per basic share were ($0.71), $0.33, $0.65, and $0.62, respectively.”

CHIPOTLE MEXICAN GRILL INC reported first quarter ended March 31, 2024 results: revenue $2.7 billion, EPS $13.01.

“Grill, Inc. (NYSE: CMG) today reported financial results for its first quarter ended March 31, 2024. First quarter highlights, year over year: • Total revenue increased 14.1% to $2.7 billion • Comparable restaurant sales increased 7.0% • Operating margin was 16.3%, an increase from 15.5% • Restaurant level operating margin was 27.5% 1 , an increase of 190 basis”

WATSCO INC reported the quarter ended March 31, 2024 results: revenue $1.56 billion, EPS $2.17.

“record cash flow during a period that typically requires working capital investment ahead of the selling season.” First Quarter Results • Revenues increased 1% to a record $1.56 billion (a 2% decline on a same-store basis) • Gross profit of $431 million (27.5% gross margin) • SG&A expenses increased 8%, including 18 new locations (a 4% increase on a same-store”

EAGLE BANCORP INC reported first quarter 2024 results: net income net loss of $338 thousand, EPS Net loss was $(0.01) per share (diluted).

“today announced a net loss of $338 thousand for the first quarter 2024, compared to net income of $20.2 million for the fourth quarter 2023 (the "prior quarter"). Net loss was $(0.01) per share (diluted) for the first quarter 2024, compared to net income of $0.67 per share (diluted) for the prior quarter.”

BROOKLINE BANCORP INC reported first quarter of 2024 results: net income net income of $14.7 million, EPS EPS of $0.16.

“Brookline Bancorp, Inc. (NASDAQ: BRKL) (the “Company”) today announced net income of $14.7 million, or $0.16 per basic and diluted share, for the first quarter of 2024”