secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
SLM SLM Corp

SLM Corp reported the quarter ended March 31, 2024 results: net income $285M GAAP Net Income attributable to common stock in Q1 2024, EPS $1.27 GAAP Diluted Earnings Per Common Share. Guidance reaffirmed.

“On April 24, 2024, SLM Corporation (the “Company”) reported its financial results for the quarter ended March 31, 2024.”
BMRN BIOMARIN PHARMACEUTICAL INC

BIOMARIN PHARMACEUTICAL INC reported first quarter ended March 31, 2024 results: revenue $648.8 million, net income $88.7 million, EPS $0.46. Guidance reaffirmed.

“Inc. BioMarin Pharmaceutical Inc. (415) 455-7558 (650) 374-2803 BioMarin Reports Record Financial Results for the First Quarter 2024 First Quarter 2024 Total Revenues of $649 Million (+9% Y/Y and +13% at Constant Currency Y/Y); GAAP Diluted Earnings per Share (EPS) of $0.46 (+70% Y/Y) and Non-GAAP Diluted Earnings per Share of $0.71 (+18% Y/Y) VOXZOGO ® Net”
UNITED RENTALS NORTH AMERICA INC

UNITED RENTALS NORTH AMERICA INC reported fiscal 2024 results: revenue $14.950 billion to $15.450 billion. Guidance raised.

“The company has raised its 2024 outlook to reflect the expected contribution from the acquisition of Yak, which was completed on March 15, 2024. For fiscal 2024, Yak is expected to provide total revenue of approximately $300 million, adjusted EBITDA of approximately $140 million, net cash provided by operating activities of approximately $150 million and free cash flow of approximately $50 million, while adding approximately $100 million of gross rental purchases. Current Outlook Prior Outlook Total revenue $14.950 billion to $15.450 billion $14.650 billion to $15.150 billion”
UNITED RENTALS NORTH AMERICA INC

UNITED RENTALS NORTH AMERICA INC reported first quarter of 2024 results: revenue $3.485 billion, net income $542 million, EPS $8.04.

“First Quarter 2024 Highlights • Total revenue of $3.485 billion, including rental revenue 2 of $2.929 billion. • Net income of $542 million, at a margin 3 of 15.6%. GAAP diluted earnings per share of $8.04, and adjusted EPS 4 of $9.15.”
TSBK TIMBERLAND BANCORP INC

TIMBERLAND BANCORP INC reported the first six months of fiscal 2024 results: net income $12.00 million, EPS $1.47 per diluted common share.

“For the first six months of fiscal 2024, Timberland’s net income decreased 15% to $12.00 million, or $1.47 per diluted common share, compared to $14.17 million, or $1.70 per diluted common share for the first six months of fiscal 2023.”
TSBK TIMBERLAND BANCORP INC

TIMBERLAND BANCORP INC reported the quarter ended March 31, 2024 results: net income $5.71 million, EPS $0.70 per diluted common share.

“Timberland Bancorp, Inc. (NASDAQ: TSBK) (“Timberland” or “the Company”), the holding company for Timberland Bank (the “Bank”), today reported net income of $5.71 million, or $0.70 per diluted common share, for the quarter ended March 31, 2024.”
NLY ANNALY CAPITAL MANAGEMENT INC

ANNALY CAPITAL MANAGEMENT INC reported the quarter ended March 31, 2024 results: EPS $0.85 per average common share.

“Registrant issued a press release announcing its financial results for the quarter ended March 31, 2024”
PIONEER NATURAL RESOURCES CO

PIONEER NATURAL RESOURCES CO reported preliminary financial results for three months ended March 31, 2024.

“Pioneer Natural Resources Company and its subsidiaries ("Pioneer" or the "Company") presents in this Item 2.02 certain information for the three months ended March 31, 2024 regarding (i) the impact to results of operations related to changes in the fair value of derivative instruments and certain other information regarding its derivative instruments, (ii) the impact to results of operations from the change in fair value of the Company's investment in affiliate, (iii) the net effect of third party purchases and sales of commodities on its results of operations and (iv) the weighted average basic and diluted shares outstanding.”
SLAB SILICON LABORATORIES INC.

SILICON LABORATORIES INC. reported first quarter, which ended March 30, 2024 results: revenue $106 million, EPS GAAP diluted loss per share was $(1.77). Guidance reaffirmed.

“to accelerate in the second quarter as excess inventory is further reduced, bookings improve, and design wins continue to ramp.” First Quarter Financial Highlights • Revenue was $106 million • Industrial & Commercial revenue for the quarter was $65 million • Home & Life revenue for the quarter was $41 million Results on a GAAP basis: • GAAP gross margin was 52% •”
PACIFIC PREMIER BANCORP INC

PACIFIC PREMIER BANCORP INC reported first quarter of 2024 results: net income $47.0 million, EPS $0.49 per diluted share.

“Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) (the “Company” or “Pacific Premier”), the holding company of Pacific Premier Bank (the “Bank”), reported net income of $47.0 million, or $0.49 per diluted share, for the first quarter of 2024”
GPI GROUP 1 AUTOMOTIVE INC

GROUP 1 AUTOMOTIVE INC reported the first quarter of 2024 results: revenue $4.5 billion, net income $147.4 million, EPS $10.76.

“Group 1 Automotive Reports First Quarter 2024 Financial Results • Current quarter diluted earnings per common share from continuing operations of $10.76 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of $9.49 • Total revenues of $4.5 billion”
LAD LITHIA MOTORS INC

LITHIA MOTORS INC reported first quarter of 2024 results: revenue $8.6 billion, net income $165 million, EPS $5.89.

“Lithia & Driveway (LAD) Reports Record First Quarter Revenue of $8.6 billion, 23% Increase”
STLD STEEL DYNAMICS INC

STEEL DYNAMICS INC reported first quarter 2024 results: revenue $4.7 billion, net income $584 million, EPS $3.67 per diluted share.

“Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced first quarter 2024 financial results. The company reported first quarter 2024 net sales of $4.7 billion and net income of $584 million, or $3.67 per diluted share.”
AMSF AMERISAFE INC

AMERISAFE INC reported the first quarter ended March 31, 2024 results: net income Net income 16,925, EPS Diluted earnings per share $ 0.88.

“On April 24, 2024, AMERISAFE, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2024.”
RUSHA RUSH ENTERPRISES INC \TX\

RUSH ENTERPRISES INC \TX\ reported the quarter ended March 31, 2024 results: revenue $1.872 billion, net income $71.6 million, EPS $0.88 per diluted share.

“Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the quarter ended March 31, 2024, the Company achieved revenues of $1.872 billion and net income of $71.6 million, or $0.88 per diluted share, compared with revenues of $1.912 billion and net income of $90.5 million, or $1.07 per diluted share, in the quarter ended March 31, 2023.”
PEGA PEGASYSTEMS INC

PEGASYSTEMS INC reported Three Months Ended March 31, 2024 results: revenue $330,147, net income $(12,124), EPS $(0.14).

“Three Months Ended March 31, 2024 2023 Change Total revenue $ 330,147 $ 325,472 1 % Net (loss) - GAAP $ (12,124) $ (20,774) 42 % Net income - non-GAAP $ 42,154 $ 19,220 119 % Diluted (loss) per share - GAAP $ (0.14) $ (0.25) 44 % Diluted earnings per share - non-GAAP $ 0.48 $ 0.23 109 %”
TXN TEXAS INSTRUMENTS INC

TEXAS INSTRUMENTS INC reported first quarter 2024 results: revenue $3.66 billion, net income $1.11 billion, EPS $1.20. Guidance reaffirmed.

“TI reports first quarter 2024 financial results and shareholder returns Conference call on TI website at 3:30 p.m. Central time today www.ti.com/ir DALLAS (April 23, 2024) – Texas Instruments Incorporated (TI) (Nasdaq: TXN) today reported first quarter revenue of $3.66 billion, net income of $1.11 billion and earnings per share of $1.20.”
PREMIER FINANCIAL CORP

PREMIER FINANCIAL CORP reported financial results for quarter ended March 31, 2024.

“On April 23, 2024, Premier Financial Corp. (“Premier”) issued a press release regarding its earnings for the quarter ended March 31, 2024.”
WAFD WAFD INC

WAFD INC reported the quarter ended March 31, 2024 results: net income $15,888,000, EPS $0.17 per diluted share.

“Earnings for the quarter ended March 31, 2024 were $15,888,000, a decrease of 73% from net earnings of $58,453,000 for the quarter ended December 31, 2023 and a decrease of 76% from net earnings of $65,934,000 for the quarter ended March 31, 2023. After the effect of dividends on preferred stock, net income available for common shareholders was $0.17 per diluted share for the quarter ended March 31, 2024, compared to $0.85 per diluted share for the quarter ended December 31, 2023, a $0.68 or 80% decrease, and $0.95 per diluted share for the quarter ended March 31, 2023, a $0.78 or 82% decrease in fully diluted earnings per common share.”
PII Polaris Inc.

Polaris Inc. reported first quarter 2024 results: revenue $1,736 million, net income $4 million, EPS $0.07. Guidance reaffirmed.

“this Current Report on Form 8-K. --- EX-99.1 (EX-99.1) --- First Quarter 2024 Earnings Results April 23, 2024 FINANCIAL AND OPERATIONAL HIGHLIGHTS • First quarter sales were $1,736 million, down 20 percent compared to last year. • First quarter reported diluted earnings per share was $0.07, down 96 percent versus last year; adjusted diluted earnings per share was”
ADC AGREE REALTY CORP

AGREE REALTY CORP reported first quarter ended March 31, 2024 results: net income Net Income for the three months ended March 31, 2024 increased 8.2% to $43.0 million, EPS Net Income per share for the three months ended March 31 st decreased 2.4% to $0.43. Guidance initiated.

“Agree Realty Corporation Reports First Quarter 2024 Results Introduces 2024 AFFO Per Share Guidance of $4.10 to $4.13”
IVZ Invesco Ltd.

Invesco Ltd. reported the three months ended March 31, 2024 results: revenue $1,475.3 m, net income $141.5 m, EPS $0.31.

“and non-management fee earning AUM. First Quarter Highlights: Financial Results Q1-24 Q4-23 Q1-24 vs. Q4-23 Q1-23 Q1-24 vs. Q1-23 U.S. GAAP Financial Measures Operating revenues $1,475.3 m $1,413.4 m 4.4 % $1,418.2 m 4.0 % Operating income/(loss) $213.1 m ($1,075.8 m) N/A $209.5 m 1.7 % Operating margin 14.4 % (76.1) % 14.8 % Net income/(loss) attributable to”
QCRH QCR HOLDINGS INC

QCR HOLDINGS INC reported financial results for first quarter of 2024.

“QCR Holdings, Inc. Announces Net Income of $26.7 Million for the First Quarter of 2024”
QCRH QCR HOLDINGS INC

QCR HOLDINGS INC reported financial results for the quarter ended March 31, 2024.

“On April 23, 2024, QCR Holdings, Inc. (the “Company”) issued a press release disclosing financial results for the quarter ended March 31, 2024.”
NVR NVR INC

NVR INC reported first quarter ended March 31, 2024 results: revenue $2.33 billion, net income $394.3 million, EPS $116.41 per diluted share.

“and 17%, respectively, when compared to 2023 first quarter net income of $344.4 million, or $99.89 per diluted share. Consolidated revenues for the first quarter of 2024 totaled $2.33 billion, which increased 7% from $2.18 billion in the first quarter of 2023. Homebuilding New orders in the first quarter of 2024 increased by 3% to 6,049 units, when compared to 5,888”
EQR EQUITY RESIDENTIAL

EQUITY RESIDENTIAL reported financial results for as of March 31, 2024 and for the quarter then ended.

“On April 23, 2024, Equity Residential issued a press release announcing its results of operations and financial condition as of March 31, 2024 and for the quarter then ended.”
SHW SHERWIN WILLIAMS CO

SHERWIN WILLIAMS CO reported first quarter ended March 31, 2024 results: revenue $5.37 billion, EPS $1.97 per share. Guidance reaffirmed.

“ended March 31, 2024. All comparisons are to the first quarter of the prior year, unless otherwise noted. SUMMARY • Consolidated net sales decreased 1.4% in the quarter to $5.37 billion ◦ Net sales from stores in the Paint Stores Group open more than twelve calendar months were approximately flat in the quarter • Diluted net income per share increased 7.1% to”
CB Chubb Ltd

Chubb Ltd reported for the quarter ended March 31, 2024 results: net income $2.14 billion, EPS $5.23 per share.

“Chubb Limited (NYSE: CB) today reported net income for the quarter ended March 31, 2024 of $2.14 billion, or $5.23 per share, and core operating income of $2.22 billion, or $5.41 per share.”
ELS EQUITY LIFESTYLE PROPERTIES INC

EQUITY LIFESTYLE PROPERTIES INC reported the quarter ended March 31, 2024 results: revenue $ 386.6, net income $ 109.9, EPS $ 0.59.

“per share results are reported on a fully diluted basis unless otherwise noted. ($ in millions, except per share data) FINANCIAL RESULTS Q1 2024 Q1 2023 $ Change Total Revenues $ 386.6 $ 370.0 $ 16.6 Net Income available for Common Stockholders $ 109.9 $ 82.4 $ 27.5 Net Income per Common Share $ 0.59 $ 0.44 $ 0.15”
AUB Atlantic Union Bankshares Corp

Atlantic Union Bankshares Corp reported the first quarter of 2024 results: net income net income available to common shareholders of $46.8 million, EPS basic and diluted earnings per common share of $0.62.

“Atlantic Union Bankshares Corporation (the "Company") issued a press release announcing its financial results for the first quarter 2024.”
SLSN SOLESENCE, INC.

SOLESENCE, INC. reported the first quarter ended March 31, 2024 results: revenue $9.9 million, net income $0.9 million.

“herein by reference. --- EX-99.1 (PRESS RELEASE) --- EX-99.1 2 exh_991.htm PRESS RELEASE EdgarFiling EXHIBIT 99.1 Nanophase Reports Record First Quarter Results — Delivered $9.9 Million in Q1 Revenue — $0.9 Million in Profit — BASF Litigation Resolved ROMEOVILLE, Ill., April 23, 2024 (GLOBE NEWSWIRE) -- Nanophase Technologies Corporation (OTCQB: NANX), a leader”
CSBB CSB Bancorp, Inc.

CSB Bancorp, Inc. reported quarter ended March 31, 2024 results: net income $2,933,000, EPS $1.10 per basic and diluted share.

“CSB Bancorp, Inc. (OTC Pink: CSBB) today announced first quarter 2024 net income of $2,933,000, or $1.10 per basic and diluted share”
KMPR KEMPER Corp

KEMPER Corp reported the first quarter of 2024 results: net income estimated net income and adjusted consolidated net operating income 1 of between $65 million and $75 million.

“Preliminary results for the first quarter of 2024 include estimated net income and adjusted consolidated net operating income 1 of between $65 million and $75 million.”
R RYDER SYSTEM INC

RYDER SYSTEM INC reported the three months ended March 31, 2024 results: revenue $3.1 billion, EPS $1.89. Guidance raised.

“Ryder Reports First Quarter 2024 Results Delivers Solid Q1 Results; Raises Full-Year 2024 Forecast First Quarter 2024 Highlights • GAAP EPS from continuing operations of $1.89 compared to $2.95 in prior year • Comparable EPS (non-GAAP) from continuing operations of $2.14, as compared to $2.81 in prior year, reflecting weaker market conditions in used vehicle sales and rental, partially offset by higher Supply Chain Solutions (SCS) and ChoiceLease results • Total revenue of $3.1 billion compared to $3.0 billion in prior year • Operating revenue (non-GAAP) of $2.5 billion, up 6%, reflecting recent acquisitions and contractual revenue growth, partially offset by lower commercial rental revenue in Fleet Management Solutions (FMS) Full -Year 2024 Forecast • ROE of 15.5% - 16.5% • Comparable EPS (non-GAAP) of $11.75 - $12.50 • Operating revenue (non-GAAP) expected to increase by approximately 10% • Net cash provided by operating activities from continuing operations of $2.4 billion and free”
FCBC FIRST COMMUNITY BANKSHARES INC /VA/

FIRST COMMUNITY BANKSHARES INC /VA/ reported first quarter of 2024 results: net income $ 12.85 million, EPS $ 0.71 per diluted common share.

“The Company reported net income of $ 12.85 million, or $ 0.71 per diluted common share, for the quarter ended March 31, 2024”
ENCORE WIRE CORP

ENCORE WIRE CORP reported first quarter of 2024 results: revenue $632.7 million, net income $63.3 million, EPS $3.92.

“Net sales for the first quarter ended March 31, 2024 were $632.7 million compared to $660.5 million in the first quarter ended March 31, 2023.”
DCOM Dime Community Bancshares, Inc. /NY/

Dime Community Bancshares, Inc. /NY/ reported the quarter ended March 31, 2024 results: net income $15.9 million, EPS $0.41 per diluted common share.

“Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), today reported net income available to common stockholders of $15.9 million for the quarter ended March 31, 2024, or $0.41 per diluted common share, compared to $14.5 million, or $0.37 per diluted common share, for the quarter ended December 31, 2023, and $35.5 million, or $0.92 per diluted common share for the quarter ended March 31, 2023.”
FCX FREEPORT-MCMORAN INC

FREEPORT-MCMORAN INC reported first-quarter 2024 results: revenue $6,321, net income $473 million, EPS $0.32 per share.

“SUMMARY FINANCIAL DATA Three Months Ended March 31, 2024 2023 (in millions, except per share amounts) Revenues a,b $ 6,321 $ 5,389 Operating income a $ 1,634 $ 1,601 Net income attributable to common stock c,d $ 473 $ 663 Diluted net income per share of common stock $ 0.32 $ 0.46”
ORRF ORRSTOWN FINANCIAL SERVICES INC

ORRSTOWN FINANCIAL SERVICES INC reported three months ended March 31, 2024 results: net income $8.5 million, EPS $0.81.

“Net income totaled $8.5 million for the three months ended March 31, 2024, compared to $7.6 million for the three months ended December 31, 2023 and $9.2 million for the three months ended March 31, 2023. Diluted earnings per share totaled $0.81 for the three months ended March 31, 2024, compared to $0.73 for the three months ended December 31, 2023 and $0.87 for the three months ended March 31, 2023.”
SANDY SPRING BANCORP INC

SANDY SPRING BANCORP INC reported the quarter ended March 31, 2024 results: net income $20.4 million, EPS $0.45 per diluted common share.

“reported net income of $20.4 million ($0.45 per diluted common share) for the quarter ended March 31, 2024”
PHM PULTEGROUP INC/MI/

PULTEGROUP INC/MI/ reported first quarter ended March 31, 2024 results: revenue $3.8 billion, net income $663 million, EPS $3.10 per share.

“Email: jim.zeumer@pultegroup.com PULTEGROUP, INC. REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS • Earnings Increased 32% to $3.10 Per Share • Home Sale Revenues Increased 10% to $3.8 Billion • Closings Increased 11% to 7,095 Homes • Home Sale Gross Margin Increased 50 Basis Points to 29.6% • Net New Orders Increased 14% to 8,379 Homes • Unit Backlog of 13,430 Homes”
CDNS CADENCE DESIGN SYSTEMS INC

CADENCE DESIGN SYSTEMS INC reported financial results for the quarter ended March 31, 2024.

“Cadence issued a press release announcing its financial results for the quarter ended March 31, 2024”
General Motors Financial Company, Inc.

General Motors Financial Company, Inc. reported the quarter ended March 31, 2024 results: net income $536 million.

“GM Financial reports first quarter 2024 operating results • First quarter net income of $536 million”
WBS WEBSTER FINANCIAL CORP

WEBSTER FINANCIAL CORP reported the quarter ended March 31, 2024 results: EPS $1.23 per diluted share.

“On April 23, 2024, Webster Financial Corporation (the Company) issued a press release reporting its results of operations for the quarter ended March 31, 2024.”
FISV FISERV INC

FISERV INC reported the quarter ended March 31, 2024 results: revenue $4.88 billion, EPS $1.24. Guidance raised.

“GAAP revenue for the company increased 7% to $4.88 billion in the first quarter of 2024 compared to the prior year period, with 13% growth in the Merchant Solutions segment and 3% growth in the Financial Solutions segment. GAAP earnings per share was $1.24 in the first quarter of 2024, an increase of 39% compared to the prior year period.”
PEP PEPSICO INC

PEPSICO INC reported first quarter 2024 results: revenue First-Quarter Net revenue growth 2.3%, EPS $1.48. Guidance reaffirmed.

“EX-99.1 (EX-99.1) --- PepsiCo Reports First-Quarter 2024 Results; Affirms 2024 Financial Guidance Reported (GAAP) First-Quarter 2024 Results First-Quarter Net revenue growth 2.3% Foreign exchange impact on net revenue (0.5)% Earnings per share (EPS) $1.48 EPS change 6% Foreign exchange impact on EPS —% Organic/Core (non-GAAP) 1 First-Quarter 2024 Results”
PNR PENTAIR plc

PENTAIR plc reported first quarter 2024 results: revenue $1.0 billion, EPS $0.80. Guidance reaffirmed.

“News Release Pentair Reports Strong First Quarter 2024 Results • Sales of $1.0 billion • Operating income of $181 million reflecting ROS of 17.8 percent, flat to prior year; on an adjusted basis, ROS expanded 90 basis points to 21.4 percent • GAAP EPS of $0.80 and adjusted EPS of $0.94 • The company updates its full year 2024 GAAP EPS guidance to approximately $3.76 to $3.86 and reiterates EPS guidance on an adjusted basis of approximately $4.15 to $4.25”
SBFG SB FINANCIAL GROUP, INC.

SB FINANCIAL GROUP, INC. reported financial results for the first quarter 2024.

“On April 18, 2024, SB Financial Group, Inc. (the “Company”) issued a news release reporting financial results for the first quarter 2024.”
BPOP POPULAR, INC.

POPULAR, INC. reported Q1 2024 results: net income $103.3 million, EPS $1.43.

“Popular, Inc. Announces First Quarter 2024 Financial Results • Net income of $103.3 million in Q1 2024, compared to net income of $94.6 million in Q4 2023.”
PKG PACKAGING CORP OF AMERICA

PACKAGING CORP OF AMERICA reported first quarter 2024 results: net income $147 million, or $1.63 per share.

“Packaging Corporation of America (NYSE: PKG) today reported first quarter 2024 net income of $147 million, or $1.63 per share”

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.