secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
PRSU Pursuit Attractions & Hospitality, Inc.

Pursuit Attractions & Hospitality, Inc. updated its quarter ended March 31, 2024 guidance (reaffirmed).

“the Company affirms that it expects its consolidated revenue and Adjusted EBITDA for the quarter ended March 31, 2024,”
MITK MITEK SYSTEMS INC

MITEK SYSTEMS INC reported second fiscal quarter ended March 31, 2024 results: revenue $46 million to $47 million.

“Mitek expects fiscal second quarter revenue to be in the range of $46 million to $47 million.”
MITK MITEK SYSTEMS INC

MITEK SYSTEMS INC reported first quarter ended December 31, 2023 results: revenue $36.9 million, net income $5.8 million, EPS negative $0.13 per diluted share. Guidance reaffirmed.

“Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com , “Mitek” or the “Company”), a global leader in digital identity and fraud prevention, today reported financial results for its first quarter ended December 31, 2023, and provided select preliminary results for its second quarter ended March 31, 2024. Mitek also reiterated its previously provided guidance for its 2024 fiscal year ending September 30, 2024. Fiscal 2024 First Quarter Financial Results • Total revenue was $36.9 million, compared to $45.7 million a year ago. • GAAP operating loss was $6.9 million, an operating margin of negative 19%, compared to GAAP operating income of $8.4 million, an operating margin of 18% a year ago. • GAAP net loss was $5.8 million, or negative $0.13 per diluted share, compared to GAAP net income of $4.7 million, or $0.10 per diluted share a year ago. • Non-GAAP operating income was $5.6 million and non-GAAP operating margin was 15%, compared to non-GAAP operating income of $18.4 million and a n”
FNLC First Bancorp, Inc /ME/

First Bancorp, Inc /ME/ reported the three months ended March 31, 2024 results: net income $6.0 million, EPS $0.54.

“The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the three months ended March 31, 2024. Unaudited net income for the period was $6.0 million as compared to net income of $8.0 million for the quarter ended March 31, 2023, and net income of $6.7 million for the prior quarter ended December 31, 2023. Diluted earnings per share were $0.54, $0.72 and $0.60 for those same periods, respectively.”
CFG CITIZENS FINANCIAL GROUP INC/RI

CITIZENS FINANCIAL GROUP INC/RI reported first quarter 2024 results: revenue $ 1,959, net income $334 million, EPS $0.65.

“reduced further to $2.0 billion, down 83% YoY ■ Strong CET1 ratio of 10.6%; TCE ratio of 6.5% ■ TBV/share of $30.19, down 2% QoQ reflecting rate impacts on AOCI Total revenue $ 1,959 $ 1,988 $ 2,128 Pre-provision profit 601 376 832 Underlying pre-provision profit 683 721 898 Provision for credit losses 171 171 168 Net income 334 189 511 Underlying net income”
NTRS NORTHERN TRUST CORP

NORTHERN TRUST CORP reported the three months ended March 31, 2024 results: revenue $1,654.1 million, net income $214.7 million, EPS $0.96.

“Northern Trust Corporation today reported first quarter net income per diluted common share of $0.96, compared to $0.52 in the fourth quarter of 2023 and $1.51 in the first quarter of 2023. Net income was $214.7 million, compared to $113.1 million in the prior quarter and $334.6 million in the prior-year quarter.”
UNB UNION BANKSHARES INC

UNION BANKSHARES INC reported the three months ended March 31, 2024 results: net income $2.4 million, EPS $0.53 per share.

“Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three months ended March 31, 2024 and declared a regular quarterly cash dividend. Consolidated net income for the three months ended March 31, 2024 was $2.4 million, or $0.53 per share”
OSBC OLD SECOND BANCORP INC

OLD SECOND BANCORP INC reported first quarter ended March 31, 2024 results: net income $21.3 million, EPS $0.47 per diluted share.

“Old Second Bancorp, Inc. Reports First Quarter 2024 Net Income of $21.3 Million, or $0.47 per Diluted Share”
USB US BANCORP DE

US BANCORP DE reported financial results for the quarter ended March 31, 2024.

“On April 17, 2024, U.S. Bancorp (the “Company”) issued a press release reporting financial results for the quarter ended March 31, 2024. The press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.”
CTBI COMMUNITY TRUST BANCORP INC /KY/

COMMUNITY TRUST BANCORP INC /KY/ reported the quarter ended March 31, 2024 results: net income $18,679, EPS $1.04 per basic share.

“On April 17, 2024, Community Trust Bancorp, Inc. issued a press release announcing its financial results for the quarter ended March 31, 2024.”
EFX EQUIFAX INC

EQUIFAX INC reported the quarter ended March 31, 2024 results: revenue $1,389.4 million, net income $124.9 million, EPS $1.00 per share. Guidance reaffirmed.

“The Company reported revenue of $1,389.4 million in the first quarter of 2024, up 7 percent on a reported basis and up 8 percent on a local currency basis compared to the first quarter of 2023. Net income attributable to Equifax of $124.9 million was up 11 percent in the first quarter of 2024 compared to $112.4 million in the first quarter of 2023. Diluted EPS attributable to Equifax was $1.00 per share for the first quarter of 2024, up 10 percent compared to $0.91 per share in the first quarter of 2023.”
CSX CSX CORP

CSX CORP reported first quarter 2024 results: revenue $3.68 billion, net income $893 million, EPS $0.46 per diluted share.

“trends across many of the markets we serve, we are eager to build on our momentum over the rest of the year and beyond.” First Quarter Financial Highlights • Revenue totaled $3.68 billion for the quarter, declining 1% year-over-year as lower fuel surcharge, a decline in other revenue, weaker trucking revenue, and reduced export coal prices offset gains in”
LRHC La Rosa Holdings Corp.

La Rosa Holdings Corp. reported fiscal year ended December 31, 2023 results: revenue $31.8 million.

“Total revenue for the year ended December 31, 2023, was $31.8 million compared to $26.2 million for the fiscal year ended December 31, 2022.”
LRHC La Rosa Holdings Corp.

La Rosa Holdings Corp. reported fourth quarter ended December 31, 2023 results: revenue $11.4 million.

“Total revenue increased 91% year-over-year to $11.4 million for the fourth quarter ended December 31, 2023 from $6.0 million for the fourth quarter ended December 31, 2022”
SYNOVUS FINANCIAL CORP

SYNOVUS FINANCIAL CORP reported financial results for three month period ended March 31, 2024.

“On April 17, 2024 , Synovus Financial Corp. (the "Company") issued a press release announcing the Company’s financial results for the three month period ended March 31, 2024.”
ICU SeaStar Medical Holding Corp

SeaStar Medical Holding Corp reported financial results for the 12 months ended December 31, 2023.

“SeaStar Medical Reports 2023 Financial Results and Provides a Business Update DENVER (April 17, 2024) – SeaStar Medical Holding Corporation (Nasdaq: ICU) (“SeaStar Medical” or the “Company”), a commercial-stage medical device company developing proprietary solutions to reduce the consequences of hyperinflammation on vital organs, reports financial results for the 12 months ended December 31, 2023 and provides a business update.”
HNVR Hanover Bancorp, Inc. /MD

Hanover Bancorp, Inc. /MD reported the quarter ended March 31, 2024 results: net income $4.1 million, EPS $0.55 per diluted share.

“Net income for the quarter ended March 31, 2024 totaled $4.1 million or $0.55 per diluted share (including Series A preferred shares)”
William Penn Bancorporation

William Penn Bancorporation reported the three and nine months ended March 31, 2024 results: net income $136 thousand, or $0.02 per basic and diluted share, for the three months ended March 31, 2024 and recorded net income o.

“William Penn recorded net income of $136 thousand, or $0.02 per basic and diluted share, for the three months ended March 31, 2024 and recorded net income of $326 thousand, or $0.04 per basic share and $0.03 per diluted share, for the nine months ended March 31, 2024”
EDBL Edible Garden AG Inc

Edible Garden AG Inc reported preliminary financial results for first quarter ended March 31, 2024.

“On April 17, 2024, Edible Garden AG Incorporated (the “Company”) issued a press release regarding its preliminary financial results for the first quarter ended March 31, 2024.”
ABT ABBOTT LABORATORIES

ABBOTT LABORATORIES reported the first quarter ended March 31, 2024 results: revenue $10.0 billion, EPS $0.70. Guidance raised.

“Abbott Reports First-Quarter 2024 Results and Raises Midpoint of Full-Year Guidance Ranges – Sales of $10.0 billion driven by strong underlying base business performance – Reported sales increased 2.2 percent, which includes the impact from the anticipated decline in COVID-19 testing-related sales versus prior year – Organic sales growth for underlying base business of 10.8 percent, which represents the fifth consecutive quarter of double-digit growth 1 ABBOTT PARK, Ill., April 17, 2024 — Abbott today announced financial results for the first quarter ended March 31, 2024. • First-quarter GAAP diluted EPS of $0.70 and adjusted diluted EPS of $0.98, which excludes specified items.”
AA Alcoa Corp

Alcoa Corp reported first quarter 2024 results: revenue $2,599, net income $(252), EPS $(1.41).

“Alcoa Corporation Reports First Quarter 2024 Results PITTSBURGH--(BUSINESS WIRE)--April 17, 2024--Alcoa Corporation (NYSE: AA) today reported results for the first quarter 2024, a period that included the announced acquisition of Alumina Limited and continued action on near-term improvements. Financial Results and Highlights M, except per share amounts 1Q24 4Q23 1Q23 Revenue $2,599 $2,595 $2,670 Net loss attributable to Alcoa Corporation $(252) $(150) $(231) Loss per share attributable to Alcoa Corporation $(1.41) $(0.84) $(1.30)”
LBRA 1847 Holdings LLC

1847 Holdings LLC reported financial results for the year ended December 31, 2023.

“On April 17, 2024, 1847 Holdings LLC issued a press release regarding its financial results for the year ended December 31, 2023.”
REXR Rexford Industrial Realty, Inc.

Rexford Industrial Realty, Inc. reported the first quarter of 2024 results: net income $58.6 million, EPS $0.27 per diluted share.

“Rexford Industrial Announces First Quarter 2024 Financial Results”
TFIN Triumph Financial, Inc.

Triumph Financial, Inc. reported financial results for the quarter ended March 31, 2024.

“On April 17, 2024, Triumph Financial, Inc. (the “Company”) announced its financial results for the quarter ended March 31, 2024 in its letter to shareholders attached hereto as Exhibit 99.1.”
KMI KINDER MORGAN, INC.

KINDER MORGAN, INC. reported 2024 results: net income $2.7 billion, EPS $1.22 per share. Guidance reaffirmed.

“For 2024, including contributions from the acquired STX Midstream assets, KMI budgeted net income attributable to KMI of $2.7 billion ($1.22 per share), up 15% versus 2023, and expects to declare dividends of $1.15 per share for 2024, a 2% increase from the dividends declared for 2023.”
KMI KINDER MORGAN, INC.

KINDER MORGAN, INC. reported the quarter ended March 31, 2024 results: net income $746 million, EPS $0.33.

“First quarter earnings per share (EPS) of $0.33 and distributable cash flow (DCF) per share of $0.64, up 10% and 5%, respectively, compared to the first quarter of 2023. • Net income attributable to KMI of $746 million, compared to $679 million in the first quarter of 2023.”
BKU BankUnited, Inc.

BankUnited, Inc. reported the quarter ended March 31, 2024 results: net income $48.0 million, EPS $0.64 per diluted share.

“On April 17, 2024, BankUnited, Inc. (the “Company”) reported its results for the quarter ended March 31, 2024.”
KNX Knight-Swift Transportation Holdings Inc.

Knight-Swift Transportation Holdings Inc. reported first and second quarters of 2024 results: EPS $0.11 to $0.12 (first quarter) and $0.26 to $0.30 (second quarter). Guidance lowered.

“the Company now expects that Adjusted EPS (1) for the first quarter of 2024 will range from $0.11 to $0.12 (which is an update from the previously-announced expectation of $0.37 to $0.41).”
SRXH SRx Health Solutions, Inc.

SRx Health Solutions, Inc. reported financial results for the fourth quarter and year ended December 31, 2023.

“Better Choice Company Inc., a Delaware corporation (“the Company”), announced its financial results for the fourth quarter and year ended December 31, 2023.”
BEEM Beam Global

Beam Global reported the fourth quarter of 2023 results: revenue $20.0 million.

“For the fourth quarter of 2023, Beam Global reported record revenues of $20.0 million, a 154% increase over the same period in 2022.”
BEEM Beam Global

Beam Global reported the year ended December 31, 2023 results: revenue $67.4 million, net income $5.1 million.

“Full year revenues for 2023 were a record $67.4 million, a 206% increase over 2022.”
Discover Financial Services

Discover Financial Services reported the quarter ended March 31, 2024 results: revenue $4,210, net income $308 million, EPS $1.10 per diluted share.

“PER SHARE First Quarter 2024 Results 2024 2023 (1) YOY Change Total loans, end of period (in billions) $126.6 $112.7 12% Total revenue net of interest expense (in millions) $4,210 $3,742 13% Total net charge-off rate 4.92% 2.72% 220 bps Net income/(loss) (in millions) $308 $968 (68%) Diluted EPS $1.10 $3.55 (69%) Note(s) 1. The comparative prior quarter”
CorEnergy Infrastructure Trust, Inc.

CorEnergy Infrastructure Trust, Inc. reported preliminary financial results for the fiscal year ended December 31, 2023.

“On April 11, 2024, the Company filed with the Bankruptcy Court preliminary unaudited financial information for the fiscal year ended December 31, 2023.”
LVS LAS VEGAS SANDS CORP

LAS VEGAS SANDS CORP reported the quarter ended March 31, 2024 results: revenue $2.96 billion, net income $583 million.

“--- EX-99.1 (EX-99.1) --- PRESS RELEASE For Immediate Release Las Vegas Sands Reports First Quarter 2024 Results For the quarter ended March 31, 2024 • Net Revenue of $2.96 billion and Net Income of $583 million • Consolidated Adjusted Property EBITDA Reached $1.21 billion • Macao Adjusted Property EBITDA of $610 million ◦ Low Hold on Rolling Play in Macao”
CNS COHEN & STEERS, INC.

COHEN & STEERS, INC. reported the quarter ended March 31, 2024 results: revenue $122,710, net income $34,004, EPS $0.68.

“31, 2024. Financial Highlights (in thousands, except percentages and per share data) Three Months Ended March 31, 2024 December 31, 2023 $ Change % Change U.S. GAAP Revenue $ 122,710 $ 119,188 $ 3,522 3.0 % Expenses $ 82,445 $ 81,322 $ 1,123 1.4 % Operating income $ 40,265 $ 37,866 $ 2,399 6.3 % Non-operating income (loss) (1) $ 5,037 $ 16,651 $ (11,614) (69.7”
MMLP MARTIN MIDSTREAM PARTNERS L.P.

MARTIN MIDSTREAM PARTNERS L.P. reported the quarter ended March 31, 2024 results: revenue $ 180.8, net income $ 3.3, EPS $ 0.08. Guidance reaffirmed.

“Three Months Ended March 31, 2024 $ 3.3 $ 0.08 $ 30.4 $ 30.4 $ 10.1 $ 5.6 $ 180.8”
PLBC PLUMAS BANCORP

PLUMAS BANCORP reported the three months ended March 31, 2023 results: EPS $1.30 per share.

“Plumas Bancorp (Nasdaq: PLBC), the parent company of Plumas Bank, today announced first quarter earnings of $6.3 million or $1.06 per share, down from $7.6 million or $1.30 per share during the first quarter of 2023.”
PLBC PLUMAS BANCORP

PLUMAS BANCORP reported the three months ended March 31, 2024 results: EPS $1.06 per share.

“Plumas Bancorp (Nasdaq: PLBC), the parent company of Plumas Bank, today announced first quarter earnings of $6.3 million or $1.06 per share, down from $7.6 million or $1.30 per share during the first quarter of 2023.”
GLGI GREYSTONE LOGISTICS, INC.

GREYSTONE LOGISTICS, INC. reported three months ended February 29, 2024 results: revenue $13,980,009, net income $297,929, EPS $0.01.

“Earnings per share of common stock for the three months ended February 29, 2024 were $0.01 per compared to $0.13 per share. Net income for the three months ended February 29, 2024 and 2023 was $297,929 and $3,695,496, respectively. Sales for the nine months ended February 29, 2024, were $46,990,716 compared to sales of $44,633,542 in the prior period. Gross profit margins were 19.2% and 13.5% for the nine months ended February 29, 2024 and 2023, respectively. Sales for the three months ended February 29, 2024, were $13,980,009 compared to sales of $13,578,269 in the prior period.”
GLGI GREYSTONE LOGISTICS, INC.

GREYSTONE LOGISTICS, INC. reported nine months ended February 29, 2024 results: revenue $46,990,716, net income $3,006,974, EPS $0.09.

“Greystone reported earnings per share of common stock for the nine months ended February 29, 2024 of $0.09 compared to $0.16 for the prior period. Net income was $3,006,974 for the nine months ended February 29, 2024 compared to $4,881,990 for the nine months ended February 28, 2023 which included other income of approximately $3.2 million from realization of federal tax credits and a gain from deconsolidation of a variable interest entity. EBITDA for the nine months ended February 29, 2024, was $9,660,949 compared to $10,109,572 for the nine months ended February 28, 2023. Earnings per share of common stock for the three months ended February 29, 2024 were $0.01 per compared to $0.13 per share. Net income for the three months ended February 29, 2024 and 2023 was $297,929 and $3,695,496, respectively. Sales for the nine months ended February 29, 2024, were $46,990,716 compared to sales of $44,633,542 in the prior period.”
FMCB FARMERS & MERCHANTS BANCORP

FARMERS & MERCHANTS BANCORP reported the first quarter of 2024 results: net income $22.7 million, EPS $30.56 per diluted common share.

“Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), reported net income of $22.7 million, or $30.56 per diluted common share for the first quarter of 2024”
PLD Prologis, Inc.

Prologis, Inc. reported first quarter 2024 results: net income $0.63, EPS $0.63.

“Net earnings per diluted share was $0.63 for the first quarter of 2024”
CCI CROWN CASTLE INC.

CROWN CASTLE INC. updated its first quarter ended March 31, 2024 guidance (reaffirmed).

“CROWN CASTLE REPORTS FIRST QUARTER 2024 RESULTS AND MAINTAINS OUTLOOK FOR FULL YEAR 2024”
FIRST INDUSTRIAL LP

FIRST INDUSTRIAL LP reported 2024 results: net income $ 1.49 $ 1.59, EPS $ 2.53 $ 2.63. Guidance lowered.

“Low End of High End of Guidance for 2024 Guidance for 2024 (Per share/unit) (Per share/unit) Net Income Available to Common Stockholders $ 1.49 $ 1.59 Add: Depreciation and Other Amortization of Real Estate 1.26 1.26 Less: Gain on Sale of Real Estate, Net of Allocable Income Tax Provision (Including Joint Venture) and Net of Joint Venture Noncontrolling Interest, Through April 17, 2024 (0.22) (0.22) NAREIT Funds From Operations (1) $ 2.53 $ 2.63”
FIRST INDUSTRIAL LP

FIRST INDUSTRIAL LP reported first quarter of 2024 results: EPS $0.52. Guidance reaffirmed.

“First Industrial's diluted net income available to common stockholders per share (EPS) was $0.52 in the first quarter, compared to $0.42 a year ago and first quarter funds from operations (FFO) was $0.60 per share/unit on a diluted basis, compared to $0.59 per share/unit a year ago.”
WTFC WINTRUST FINANCIAL CORP

WINTRUST FINANCIAL CORP reported financial results for first quarter of 2024.

“On April 17, 2024, Wintrust Financial Corporation (the "Company") announced earnings for the first quarter of 2024 and posted on its website the First Quarter 2024 Earnings Release Presentation.”
MS MORGAN STANLEY

MORGAN STANLEY reported first quarter ended March 31, 2024 results: revenue $15.1 billion, net income $3.4 billion, EPS $2.02.

“Morgan Stanley Reports Net Revenues of $15.1 Billion, EPS of $2.02 and ROTCE of 19.7% NEW YORK, April 16, 2024 – Morgan Stanley (NYSE: MS) today reported net revenues of $15.1 billion for the first quarter ended March 31, 2024 compared with $14.5 billion a year ago. Net income applicable to Morgan Stanley was $3.4 billion, or $2.02 per diluted share”
VBI Vaccines Inc/BC

VBI Vaccines Inc/BC reported the year ended December 31, 2023 results: revenue $3.1 million.

“Product revenue, net of $3.1 million in 2023 compared to $0.9 million in 2022, a 234% year-over-year increase”
HWC HANCOCK WHITNEY CORP

HANCOCK WHITNEY CORP reported first quarter ended March 31, 2024 results: net income $108.6 million, EPS $1.24 per diluted common share.

“On April 16, 2024, Hancock Whitney Corporation (the “ Company ”) announced financial results for its first quarter ended March 31, 2024.”
JBHT HUNT J B TRANSPORT SERVICES INC

HUNT J B TRANSPORT SERVICES INC reported first quarter ended March 31, 2024 results: revenue $2.94 billion, net income $127.5 million, EPS $1.22.

“FOR IMMEDIATE RELEASE J.B. HUNT TRANSPORT SERVICES, INC. REPORTS U.S. GAAP REVENUES, NET EARNINGS AND EARNINGS PER SHARE FOR THE FIRST QUARTER 2024 ■ First Quarter 2024 Revenue: $2.94 billion; down 9% ■ First Quarter 2024 Operating Income: $194.4 million; down 30% ■ First Quarter 2024 EPS: $1.22 vs. $1.89; down 35% LOWELL, Ark., April 16, 2024 - J.B. Hunt Transport”

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.