secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
GPC GENUINE PARTS CO

GENUINE PARTS CO reported first quarter ended March 31, 2024 results: revenue $5.8 billion, net income $249 million, EPS $1.78 per diluted earnings per share. Guidance raised.

“(EX-99.1) --- www.genpt.com News Release April 18, 2024 FOR IMMEDIATE RELEASE Genuine Parts Company Reports First Quarter 2024 Results and Updates Full-Year Outlook • Sales of $5.8 billion, Up 0.3% • Diluted EPS of $1.78, Down 16.8% • Adjusted Diluted EPS of $2.22, Up 3.7% • Updates 2024 Outlook: ◦ Reaffirms Revenue Growth of 3% to 5% ◦ Updates Adjusted Diluted EPS”
ALLY Ally Financial Inc.

Ally Financial Inc. reported preliminary financial results for the first quarter ended March 31, 2024.

“On April 18, 2024, Ally Financial Inc. issued a press release announcing preliminary operating results for the first quarter ended March 31, 2024. The press release is attached hereto and incorporated by reference as Exhibit 99.1.”
FNB FNB CORP/PA/

FNB CORP/PA/ reported the quarter ended March 31, 2024 results: net income $116.3 million, EPS $0.32 per diluted common share.

“F.N.B. Corporation (NYSE: FNB) reported earnings for the first quarter of 2024 with net income available to common stockholders of $116.3 million, or $0.32 per diluted common share.”
MTR MESA ROYALTY TRUST/TX

MESA ROYALTY TRUST/TX reported the month of April 2024 results: revenue $89,860, net income $35,797, EPS $0.019208416 per unit.

“Mesa Royalty Trust (the “Trust”) (NYSE symbol-MTR) announced today the Trust income distribution for the month of April 2024. Unitholders of record on April 30, 2024 will receive distributions amounting to $0.019208416 per unit, payable on July 31, 2024. The Trust received $89,860, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in April 2024 from any other working interest owner. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $35,797.”
WABC WESTAMERICA BANCORPORATION

WESTAMERICA BANCORPORATION reported first quarter 2024 results: net income $36.4 million, EPS $1.37.

“Westamerica Bancorporation Reports First Quarter 2024 Financial Results SAN RAFAEL, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the first quarter 2024 of $36.4 million and diluted earnings per common share ("EPS") of $1.37.”
PINE Alpine Income Property Trust, Inc.

Alpine Income Property Trust, Inc. reported financial results for the quarter ended March 31, 2024.

“On April 18, 2024, Alpine Income Property Trust, Inc., a Maryland corporation (the "Company"), issued an earnings press release and an investor presentation relating to the Company’s financial results for the quarter ended March 31, 2024.”
BCML BayCom Corp

BayCom Corp reported the first quarter of 2024 results: net income $5.9 million, EPS $0.51 per diluted common share.

“BayCom Corp (“BayCom” or the “Company”) (NASDAQ: BCML), the holding company for United Business Bank (the “Bank” or “UBB”), announced earnings of $5.9 million, or $0.51 per diluted common share, for the first quarter of 2024, compared to earnings of $6.4 million, or $0.55 per diluted common share, for the fourth quarter of 2023 and $7.2 million, or $0.57 per diluted common share, for the first quarter of 2023.”
INBS INTELLIGENT BIO SOLUTIONS INC.

INTELLIGENT BIO SOLUTIONS INC. reported the fiscal third quarter and nine months ended March 31, 2024 results: revenue $0.82 million.

“today announced preliminary unaudited revenue results for the fiscal third quarter and nine months ended March 31, 2024. The Company expects approximate unaudited revenue of $0.82 million for the three months ended March 31, 2024, representing an increase of 80% compared to the same period the prior year, and approximate unaudited revenue of $2.38 million for the”
Digital Media Solutions, Inc.

Digital Media Solutions, Inc. reported the full year ended December 31, 2023 results: revenue $334.9 million, net income Net loss of $122.7 million, EPS $(31.96).

“Announces Fourth Quarter And Full Year 2023 Financial Results • Fourth-quarter net revenue of $86.1 million • Full year 2023 revenue of $334.9 million • Fourth-quarter gross margin of 27.8% and Variable Marketing Margin (VMM) of 31.2% 1 • Full year gross margin of 24.7% and VMM of 28.9% • Receives $22 million in new financing from existing lenders • Initiates review of potential strategic alternatives to maximize value Clearwater, Fla.”
Digital Media Solutions, Inc.

Digital Media Solutions, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $86.1 million.

“in such a filing. --- EX-99.1 (EX-99.1) --- Digital Media Solutions, Inc. Announces Fourth Quarter And Full Year 2023 Financial Results • Fourth-quarter net revenue of $86.1 million • Full year 2023 revenue of $334.9 million • Fourth-quarter gross margin of 27.8% and Variable Marketing Margin (VMM) of 31.2% 1 • Full year gross margin of 24.7% and VMM of”
LBRT Liberty Energy Inc.

Liberty Energy Inc. reported First quarter ended March 31, 2024 results: revenue $1.1 billion, net income $82 million, EPS $0.48.

“Summary Results and Highlights • Revenue of $1.1 billion, flat sequentially • Net income 1 of $82 million, or $0.48 fully diluted earnings per share (“EPS”)”
BSTT Blackstone Real Estate Income Trust, Inc.

Blackstone Real Estate Income Trust, Inc. reported the three months ended March 31, 2024 results: net income Net loss $ (161,566) to $ (178,573) for low to high range.

“On April 17, 2024 , Blackstone Real Estate Income Trust, Inc., a Maryland corporation ("BREIT" or the “Company”), announced preliminary estimated unaudited same property net operating income (“NOI”) for the three months ended March 31, 2024.”
FPH Five Point Holdings, LLC

Five Point Holdings, LLC reported three months ended March 31, 2024 results: revenue $9.9 million, net income $6.1 million.

“Consolidated revenues of $9.9 million; consolidated net income of $6.1 million.”
SMXT SolarMax Technology, Inc.

SolarMax Technology, Inc. reported fiscal year ended December 31, 2023 results: revenue $54.1 million, net income $0.4 million.

“an integrated solar energy company, today reported financial results for its fiscal year ended December 31, 2023. Fiscal Year 2023 Financial Highlights · Revenue increased to $54.1 million, up 21% from 2022 · Gross profit increased to $11.1 million, up 49% from 2022 · Gross margin improved to 21%, up from 17% in 2022 · Total operating expense decreased to $10.7”
VOC VOC Energy Trust

VOC Energy Trust reported first quarterly payment period ended March 31, 2024 results: revenue $8,076,227, net income $3,060,000, EPS $0.18.

“VOC Energy Trust (NYSE Symbol — VOC) announced the Trust distribution of net profits for the first quarterly payment period ended March 31, 2024. Unitholders of record on April 30, 2024 will receive a distribution amounting to $3,060,000 or $0.18 per unit, payable May 15, 2024. Volumes, average sales prices and net profits for the payment period were: Sales volumes: Oil (Bbl) 110,534 Natural gas (Mcf) 64,808 Total (BOE) 121,335 Average sales prices: Oil (per Bbl) $ 71.25 Natural gas (per Mcf) $ 3.10 Gross proceeds: Oil sales $ 7,875,193 Natural gas sales 201,034 Total gross proceeds $ 8,076,227 Costs: Lease operating expenses $ 3,312,352 Production and property taxes 183,728 Development expenses 358,318 Total costs $ 3,854,398 Net proceeds $ 4,221,829 Percentage applicable to Trust’s Net Profits Interest 80 % Net profits interest $ 3,377,463 Increase in cash reserve held by VOC Brazos Energy Partners, L.P. 0 Total cash proceeds available for the Trust $ 3,377,463 Provision for current”
PFLT PennantPark Floating Rate Capital Ltd.

PennantPark Floating Rate Capital Ltd. reported Quarter ended March 31, 2024 results: EPS $0.30 - $0.32 per common share.

“On April 18, 2024, PennantPark Floating Rate Capital Ltd. (the “Company”) announced certain preliminary estimates of its financial results for the quarter ended March 31, 2024.”
MCB Metropolitan Bank Holding Corp.

Metropolitan Bank Holding Corp. reported first quarter of 2024 results: revenue $66,713 thousand, net income $16,203 thousand, EPS $1.46.

“Net income of $16.2 million, or $1.46 per diluted common share, for the first quarter of 2024”
OPRX OptimizeRx Corp

OptimizeRx Corp reported the full year ended December 31, 2023 results: revenue $71.5 million, net income $(17.6) million, EPS $(1.03) per basic and diluted share. Guidance reaffirmed.

“cial Highlights ● Revenue in the fourth quarter of 2023 increased 44% to $28.4 million, from $19.7 million in the same period of 2022, with the full year revenue coming in at $71.5 million, a 15% increase when compared to the same year-ago period. ● Gross profit in the fourth quarter of 2023 increased 43% year-over-year to $17.8 million. Gross profit for the full”
OPRX OptimizeRx Corp

OptimizeRx Corp reported the fourth quarter ended December 31, 2023 results: revenue $28.4 million, net income $(4.1) million, EPS $(0.23) per basic and diluted share. Guidance reaffirmed.

“Revenue in the fourth quarter of 2023 increased 44% to $28.4 million, from $19.7 million in the same period of 2022, with the full year revenue coming in at $71.5 million, a 15% increase when compared to the same year-ago period.”
HBCP HOME BANCORP, INC.

HOME BANCORP, INC. reported the quarter ended March 31, 2024 results: net income $9.2 million, EPS $1.14 per diluted common share.

“HOME BANCORP, INC. ANNOUNCES 2024 FIRST QUARTER RESULTS AND DECLARES QUARTERLY DIVIDEND Lafayette, Louisiana – Home Bancorp, Inc. (Nasdaq: “HBCP”) (the “Company”), the parent company for Home Bank, N.A. (the “Bank”) ( www.home24bank.com ), reported financial results for the first quarter of 2024. For the quarter, the Company reported net income of $9.2 million, or $1.14 per diluted common share (“diluted EPS”), down $186,000 from $9.4 million, or $1.17 diluted EPS, for the fourth quarter of 2023.”
IRDM Iridium Communications Inc.

Iridium Communications Inc. reported first quarter ended March 31, 2024 results: revenue $203.9 million, net income $19.7 million, EPS $0.16 per diluted share. Guidance reaffirmed.

“Iridium Communications Inc. (Nasdaq:IRDM) (“Iridium”), a leading provider of global voice and data satellite communications, today reported financial results for the first quarter of 2024 and reiterated its full-year 2024 outlook. Net income was $19.7 million, or $0.16 per diluted share, for the first quarter of 2024, as compared to net income of $9.8 million, or $0.08 per diluted share, for the first quarter of 2023. Operational EBITDA (“OEBITDA”) (1) for the first quarter was $115.0 million, as compared to $111.9 million for the prior-year period, representing a year-over-year increase of 3%. Net income benefitted from a year-over-year decrease in depreciation expense associated with the extension of the estimated useful lives of the Company’s satellites and continued growth in total commercial services revenue. Iridium reported first-quarter total revenue of $203.9 million, which consisted of $148.6 million of service revenue and $55.3 million of revenue related to equipment sales a”
FOR Forestar Group Inc.

Forestar Group Inc. reported second fiscal quarter ended March 31, 2024 results: net income $45.0 million, EPS $0.89 per diluted share.

“On April 18, 2024, Forestar Group Inc. issued a press release announcing its results and related information for its second quarter ended March 31, 2024.”
BX Blackstone Inc.

Blackstone Inc. reported financial results for first quarter ended March 31, 2024.

“On April 18, 2024, Blackstone Inc. issued a press release and detailed presentation announcing financial results for its first quarter ended March 31, 2024.”
HOMB HOME BANCSHARES INC

HOME BANCSHARES INC reported three-month period ended March 31, 2024 results: revenue $246.4 million, net income $100.1 million, EPS $0.50 per diluted share.

“$98.5 million $105.3 million $103.0 million Net income, as adjusted (non-GAAP) (1) $99.2 million $92.2 million $94.7 million $102.6 million $108.9 million Total revenue (net) $246.4 million $245.6 million $245.4 million $257.2 million $248.8 million Income before income taxes $130.4 million $112.8 million $129.3 million $136.9 million $132.9 million Pre-tax,”
MYFW First Western Financial Inc

First Western Financial Inc reported first quarter 2024 results: net income $2.5 million, EPS $0.26 per diluted share.

“Net income available to common shareholders of $2.5 million in Q1 2024, compared to a Net loss of $3.2 million in Q4 2023. • Diluted earnings/(loss) per share of $0.26 in Q1 2024, compared to $(0.34) in Q4 2023”
MYFW First Western Financial Inc

First Western Financial Inc reported first quarter ended March 31, 2024 results: net income $2.5 million, EPS $0.26 per diluted share.

“On April 18, 2024, First Western Financial, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2024.”
HTH Hilltop Holdings Inc.

Hilltop Holdings Inc. reported financial results for the quarter ended March 31, 2024.

“Hilltop Holdings Inc., or the Company, for the quarter ended March 31, 2024”
HTH Hilltop Holdings Inc.

Hilltop Holdings Inc. reported the first quarter of 2024 results: net income $27.7 million, EPS $0.42 per diluted share.

“Hilltop produced income to common stockholders of $27.7 million, or $0.42 per diluted share, for the first quarter of 2024”
WAL WESTERN ALLIANCE BANCORPORATION

WESTERN ALLIANCE BANCORPORATION reported the fiscal quarter ended March 31, 2024 results: net income $177.4 million, EPS $1.60.

“On April 18, 2024, Western Alliance Bancorporation (the “Company”) issued a press release reporting results for the fiscal quarter ended March 31, 2024”
ELV Elevance Health, Inc.

Elevance Health, Inc. reported the quarter ended March 31, 2024 results: revenue $42.3 billion, EPS $9.59. Guidance raised.

“language in such filings. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 EARNINGS RELEASE ELEVANCE HEALTH REPORTS FIRST QUARTER 2024 RESULTS • 1Q 2024 operating revenue of $42.3 billion, up 0.9% from 1Q 2023 • 1Q 2024 diluted EPS 1 of $9.59, up 15.5% from 1Q 2023 and adjusted diluted EPS 2 of $10.64, up 12.5% • FY 2024 diluted EPS and adjusted diluted EPS”
UNITED SECURITY BANCSHARES

UNITED SECURITY BANCSHARES reported the quarter ended March 31, 2024 results: net income $4.2 million, EPS $0.24 per basic and diluted share.

“The Company reported net income of $4.2 million, or $0.24 per basic and diluted share, for the quarter ended March 31, 2024”
CWBC Community West Bancshares

Community West Bancshares reported the quarter ended March 31, 2024 results: net income $3,676,000, EPS $0.31.

“reported today unaudited consolidated net income of $3,676,000, and fully diluted earnings per common share of $0.31 for the three months ended March 31, 2024”
SFST SOUTHERN FIRST BANCSHARES INC

SOUTHERN FIRST BANCSHARES INC reported the three-month period ended March 31, 2024 results: net income $2.5 million, EPS $0.31.

“On April 18, 2024, Southern First Bancshares, Inc., holding company for Southern First Bank, issued a press release announcing its financial results for the period ended March 31, 2024.”
TCBI TEXAS CAPITAL BANCSHARES INC/TX

TEXAS CAPITAL BANCSHARES INC/TX reported first quarter ended March 31, 2024 results: net income $26.1 million, EPS $0.46 per diluted share.

“First quarter 2024 net income of $26.1 million and net income available to common stockholders of $21.8 million, or $0.46 per diluted share”
NFLX NETFLIX INC

NETFLIX INC reported financial results for quarter ended March 31, 2024.

“On April 18, 2024, Netflix, Inc. (the “Company”) announced its financial results for the quarter ended March 31, 2024.”
BRANDYWINE OPERATING PARTNERSHIP, L.P.

BRANDYWINE OPERATING PARTNERSHIP, L.P. reported 2024 results: EPS $(0.36) - $(0.29) per share.

“we are adjusting our 2024 loss per share guidance from $(0.36) - $(0.26) to $(0.36) - $(0.29) per share and 2024 narrowing our FFO guidance from $0.90 - $1.00 to $0.90 - $0.97 per diluted share.”
BRANDYWINE OPERATING PARTNERSHIP, L.P.

BRANDYWINE OPERATING PARTNERSHIP, L.P. reported three months ended March 31, 2024 results: net income ($16.7) million, EPS ($0.10) per share.

“Net loss allocated to common shareholders: ($16.7) million, or ($0.10) per share.”
SLG SL GREEN REALTY CORP

SL GREEN REALTY CORP reported the year ending December 31, 2024 results: EPS $2.73 to $3.03 per share. Guidance raised.

“The Company is increasing its 2024 FFO guidance range for the year ending December 31, 2024 to FFO per share of $7.35 to $7.65, an increase of $1.45 per share at the midpoint, primarily to reflect gains on discounted debt extinguishments at 2 Herald Square as well as at 280 Park Avenue and 719 Seventh Avenue, as announced today, while maintaining its 2024 net income guidance range of $2.73 to $3.03 per share.”
SLG SL GREEN REALTY CORP

SL GREEN REALTY CORP reported the quarter ended March 31, 2024 results: net income net income attributable to common stockholders for the quarter ended March 31, 2024 of $13.1 million, or $0.20 per share, EPS $0.20 per share.

“SL Green Realty Corp. (the "Company") (NYSE: SLG) today reported a net income attributable to common stockholders for the quarter ended March 31, 2024 of $13.1 million, or $0.20 per share”
ISRG INTUITIVE SURGICAL INC

INTUITIVE SURGICAL INC reported the quarter ended March 31, 2024 results: revenue $1.89 billion, net income $545 million, EPS $1.51 per diluted share.

“First quarter 2024 revenue of $1.89 billion increased 11% compared with $1.70 billion in the first quarter of 2023.”
OFG OFG BANCORP

OFG BANCORP reported first quarter ended March 31, 2024 results: EPS $1.05.

“EPS diluted of $1.05 compared to $0.98 in 4Q23 and $0.96 in 1Q23.”
CBKM CONSUMERS BANCORP INC /OH/

CONSUMERS BANCORP INC /OH/ reported the three and nine-month periods ended March 31, 2024 results: net income $2.1 million for the three-month period ended March 31, 2024 and $6.5 million for the nine month period ended March 31,, EPS $0.66 for the third quarter of fiscal year 2024.

“On April 18, 2024, Consumers Bancorp, Inc. issued a press release reporting its results for the three and nine-month periods ended March 31, 2024.”
OCFC OCEANFIRST FINANCIAL CORP

OCEANFIRST FINANCIAL CORP reported the quarter ended March 31, 2024 results: net income $27.7 million, or $0.47 per diluted share, EPS $0.47 per diluted share.

“announced net income available to common stockholders of $27.7 million, or $0.47 per diluted share, for the quarter ended March 31, 2024”
BANR BANNER CORP

BANNER CORP reported the first quarter of 2024 results: revenue $144.6 million, net income $37.6 million, EPS $1.09 per diluted share.

“of the top 20 largest western Metropolitan Statistical Areas by population. BANR - First Quarter 2024 Results April 17, 2024 Page 2 First Quarter 2024 Highlights • Revenues were $144.6 million for the first quarter of 2024, compared to $152.5 million in the preceding quarter and $162.6 million in the first quarter a year ago. • Adjusted revenue* (the total of net”
WINT WINDTREE THERAPEUTICS INC /DE/

WINDTREE THERAPEUTICS INC /DE/ reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

“On April 17, 2024, Windtree Therapeutics, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 31, 2023.”
FCCO FIRST COMMUNITY CORP /SC/

FIRST COMMUNITY CORP /SC/ reported first quarter of 2024 results: net income $2.597 million, EPS $0.34 per common share.

“First Community reported net income for the first quarter of 2024 of $2.597 million with diluted earnings per common share of $0.34.”
WINA WINMARK CORP

WINMARK CORP reported the quarter ended March 30, 2024 results: net income $8,819,000, EPS $2.41 per share diluted.

“Winmark Corporation (Nasdaq: WINA) announced today net income for the quarter ended March 30, 2024 of $8,819,000 or $2.41 per share diluted compared to net income of $8,942,700 or $2.49 per share diluted in 2023.”
MCRI MONARCH CASINO & RESORT INC

MONARCH CASINO & RESORT INC reported first quarter ended March 31, 2024 results: revenue $121.7 million, net income $18.3 million, EPS $0.93 per diluted share.

“Farahi, Co-Chairman and Chief Executive Officer of Monarch, commented: “In the first quarter of 2024 net revenue and adjusted EBITDA grew to all-time first quarter records of $121.7 million and $38.5 million, respectively, and the EBITDA margin improved to 31.7% from 31.3% in the same period of the prior year. “Monarch Black Hawk generated revenue growth across all”
TRV TRAVELERS COMPANIES, INC.

TRAVELERS COMPANIES, INC. reported the quarter ended March 31, 2024 results: revenue $11,228, net income $1.123 billion, or $4.80 per diluted share, EPS $4.80 per diluted share.

“for per share amounts, and after-tax, except for premiums and revenues) Three Months Ended March 31, 2024 2023 Change Net written premiums $ 10,182 $ 9,396 8 % Total revenues $ 11,228 $ 9,704 16 Net income $ 1,123 $ 975 15 per diluted share $ 4.80 $ 4.13 16 Core income $ 1,096 $ 970 13 per diluted share $ 4.69 $ 4.11 14 Diluted weighted average shares”
PRSU Pursuit Attractions & Hospitality, Inc.

Pursuit Attractions & Hospitality, Inc. updated its year ending December 31, 2024 guidance (reaffirmed).

“and year ending December 31, 2024, to fall within the ranges previously disclosed in its earnings press release furnished with its Current Report on Form 8-K on February 8, 2024.”

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.