secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
COFS CHOICEONE FINANCIAL SERVICES INC

CHOICEONE FINANCIAL SERVICES INC reported the quarter ended March 31, 2024 results: net income $5,634,000, EPS $0.74.

“ChoiceOne reported net income of $5,634,000 for the three months ended March 31, 2024, compared to $5,633,000 for the same period in 2023. Diluted earnings per share were $0.74 in the three months ended March 31, 2024, compared to $0.75 per share in the same period in the prior year.”
MHO M/I HOMES, INC.

M/I HOMES, INC. reported three months ended March 31, 2024 results: revenue $1.05 billion, net income $138.1 million, EPS $4.78 per diluted share.

“2024 First Quarter Highlights: • New contracts increased 17% to 2,547 • Homes delivered increased 8% to 2,158, a first quarter record • Revenue increased 5% to $1.05 billion, a first quarter record • Pre-tax income increased 33% to $180.2 million, 17.2% of revenue and a first quarter record • Net income increased 34% to a first quarter record $138.1 million ($4.78 per diluted share) • Shareholders’ equity reached a record of $2.6 billion, a 21% increase from a year ago, with book value per share of $95 • Backlog sales value increased to $1.8 billion, up 4% • Return on equity of 21%”
UHT UNIVERSAL HEALTH REALTY INCOME TRUST

UNIVERSAL HEALTH REALTY INCOME TRUST reported the three-month period ended March 31, 2024 results: net income $5.3 million, EPS $.38 per diluted share.

“Universal Health Realty Income Trust (NYSE:UHT) announced today that for the three-month period ended March 31, 2024, net income was $5.3 million, or $.38 per diluted share, as compared to $4.5 million, or $.32 per diluted share, during the first quarter of 2023.”
PLXS PLEXUS CORP

PLEXUS CORP reported fiscal third quarter ending June 29, 2024 results: revenue $960 million to $1.00 billion, EPS GAAP diluted EPS of $0.80 to $0.95. Guidance initiated.

“Initiates fiscal third quarter 2024 revenue guidance of $960 million to $1.00 billion with GAAP diluted EPS of $0.80 to $0.95, including $0.21 of stock-based compensation expense and $0.21 of restructuring charges.”
PLXS PLEXUS CORP

PLEXUS CORP reported fiscal second quarter ended March 30, 2024 results: revenue $967 million, EPS GAAP diluted EPS of $0.58. Guidance initiated.

“results for our fiscal second quarter ended March 30, 2024, and guidance for our fiscal third quarter ending June 29, 2024. • Reports fiscal second quarter 2024 revenue of $967 million, GAAP operating margin of 3.0% and GAAP diluted EPS of $0.58, including $0.25 of stock-based compensation expense and $0.36 of restructuring and other charges, net • Reports”
EHC Encompass Health Corp

Encompass Health Corp reported financial results for the three months ended March 31, 2024.

“On April 24, 2024, Encompass Health Corporation (“Encompass Health” or the “Company”) issued a press release reporting the financial results of the Company for the three months ended March 31, 2024.”
PFBX PEOPLES FINANCIAL CORP /MS/

PEOPLES FINANCIAL CORP /MS/ reported the first quarter ending March 31, 2024 results: net income $2,415,000, EPS $0.52.

“Peoples Financial Corporation (the “Company”)(OTCQX Best Market: PFBX), parent of The Peoples Bank (the “Bank”), announced earnings for the first quarter ending March 31, 2024.”
FUNC FIRST UNITED CORP/MD/

FIRST UNITED CORP/MD/ reported the three-month period ended March 31, 2024 results: net income $3.7 million, EPS $0.56 per diluted share.

“Consolidated net income was $3.7 million for the first quarter of 2024, or $0.56 per diluted share”
AUBN AUBURN NATIONAL BANCORPORATION, INC

AUBURN NATIONAL BANCORPORATION, INC reported financial results for first quarter of 2024.

“Auburn National Bancorporation, Inc. (Nasdaq: AUBN) reported net earnings of $1.4 million, or $0.39 per share, for the first quarter of 2024, compared to a net loss of $(4.0) million, or $(1.14) per share, for the fourth quarter of 2023 and net earnings of $2.0 million, or $0.56 per share, for the first quarter of 2023.”
JOE ST JOE Co

ST JOE Co reported the quarter ended March 31, 2024 results: revenue $87.8 million, net income $13.9 million, or $0.24 per share, EPS $0.24 per share.

“our future is bright, and we have just started to scratch the surface.” Page 2 Consolidated First Quarter 2024 Results Revenue for the first quarter of 2024 increased by 20% to $87.8 million as compared to $73.0 million for the first quarter of 2023. Hospitality revenue increased by 60% to $39.3 million and leasing revenue increased by 21% to $14.3 million.”
OII OCEANEERING INTERNATIONAL INC

OCEANEERING INTERNATIONAL INC reported Full-year 2024 results: net income $125 million to $155 million. Guidance reaffirmed.

“Confirmed prior guidance for 2024: • Net income is expected in the range of $125 million to $155 million”
OII OCEANEERING INTERNATIONAL INC

OCEANEERING INTERNATIONAL INC reported first quarter ended March 31, 2024 results: revenue $599 million, net income $15.1 million, EPS $0.15 per share.

“Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported net income of $15.1 million, or $0.15 per share, on revenue of $599 million for the three months ended March 31, 2024.”
T AT&T INC.

AT&T INC. reported first quarter of 2024 results: revenue $30.0 billion, net income $3.8 billion, EPS $0.47. Guidance reaffirmed.

“AT&T Inc. ( NYSE: T ) reported first-quarter results that highlighted consistent 5G and fiber customer additions and showcased profitable growth driven by increased Mobility service and broadband revenues. First-Quarter Consolidated Results • Revenues of $30.0 billion • Diluted EPS of $0.47 ; adjusted EPS* of $0.55 • Operating income of $5.8 billion ; adjusted operating income* of $6.0 billion • Net income of $3.8 billion”
HCSG HEALTHCARE SERVICES GROUP INC

HEALTHCARE SERVICES GROUP INC reported the three months ended March 31, 2024 results: revenue $423.4 million, EPS $0.21. Guidance reaffirmed.

“(EX-99.1) --- HCSG Reports Q1 2024 Results Exceeds Earnings Expectations, Revenue In Line Reiterates 2024 Cash Flow Forecast & Expectation for YoY Revenue Growth • Revenue of $423.4 million, in line with expectations. • Net income and diluted EPS of $15.3 million and $0.21; adjusted net income (1) and adjusted diluted EPS (1) of $16.5 million and $0.22. • Adjusted”
SF STIFEL FINANCIAL CORP

STIFEL FINANCIAL CORP reported the three months ended March 31, 2024 results: revenue $1.2 billion, net income $154.3 million, EPS $1.40 per diluted common share.

“Stifel Financial Corp. (NYSE: SF) today reported net revenues of $1.2 billion for the three months ended March 31, 2024, compared with $1.1 billion a year ago. Net income available to common shareholders was $154.3 million, or $1.40 per diluted common share, compared with $148.2 million, or $1.28 per diluted common share for the first quarter of 2023.”
RJF RAYMOND JAMES FINANCIAL INC

RAYMOND JAMES FINANCIAL INC reported the fiscal second quarter ended March 31, 2024 results: revenue $3.12 billion, net income $474 million, EPS $2.22 per diluted share.

“Raymond James Financial, Inc. (NYSE: RJF) today reported net revenues of $3.12 billion and net income available to common shareholders of $474 million, or $2.22 per diluted share, for the fiscal second quarter ended March 31, 2024.”
FUSB FIRST US BANCSHARES, INC.

FIRST US BANCSHARES, INC. reported the quarter ended March 31, 2024 results: net income $2.1 million, EPS $0.34 per diluted share.

“On April 24, 2024, First US Bancshares, Inc. issued a press release announcing financial results for the quarter ended March 31, 2024.”
JUVF JUNIATA VALLEY FINANCIAL CORP

JUNIATA VALLEY FINANCIAL CORP reported the three months ended March 31, 2024 results: net income $1.4 million, EPS $0.27.

“Juniata Valley Financial Corp. (OTCQX:JUVF) (“Juniata”), announced net income for the three months ended March 31, 2024 of $1.4 million, a decrease of 21.8%, compared to net income of $1.7 million for the three months ended March 31, 2023. Earnings per share, basic and diluted, for the three months ended March 31, 2024 was $0.27 compared to $0.35 reported for the three months ended March 31, 2023.”
CBAN COLONY BANKCORP INC

COLONY BANKCORP INC reported the first quarter ended March 31, 2024 results: net income $5.3 million, EPS $0.30 per diluted share.

“Net income decreased to $5.3 million, or $0.30 per diluted share, for the first quarter of 2024, compared to $5.6 million, or $0.32 per diluted share, for the fourth quarter of 2023, but increased from the first quarter of 2023 net income of $5.0 million, or $0.29 per diluted share.”
FMNB FARMERS NATIONAL BANC CORP /OH/

FARMERS NATIONAL BANC CORP /OH/ reported the three months ended March 31, 2024 results: net income $11.2 million, EPS $0.30 per diluted share.

“Farmers National Banc Corp. (“Farmers” or the “Company”) (NASDAQ: FMNB) reported net income of $11.2 million, or $0.30 per diluted share, for the three months ended March 31, 2024, compared to $7.1 million, or $0.19 per diluted share, for the three months ended March 31, 2023.”
LRCX LAM RESEARCH CORP

LAM RESEARCH CORP reported the quarter ended March 31, 2024 results: revenue $3.79 billion, net income $966 million, EPS $7.34. Guidance reaffirmed.

“Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended March 31, 2024 (the “March 2024 quarter”). Highlights for the March 2024 quarter were as follows: • Revenue of $3.79 billion. • U.S. GAAP gross margin of 47.5%, U.S. GAAP operating income as a percentage of revenue of 27.9%, and U.S. GAAP diluted EPS of $7.34.”
HBNC HORIZON BANCORP INC /IN/

HORIZON BANCORP INC /IN/ reported the three months ended March 31, 2024 results: net income $14.0 million, EPS $0.32 per diluted share.

“Horizon Bancorp, Inc. (“Horizon” or the “Company”), the parent company of Horizon Bank (the “Bank”), announced its unaudited financial results for the three months ended March 31, 2024. Net income for the first quarter of 2024 was $14.0 million, or $0.32 per diluted share compared to a net loss of $25.2 million, or $0.58, in the linked fourth quarter of 2023.”
NSC NORFOLK SOUTHERN CORP

NORFOLK SOUTHERN CORP reported financial results for first quarter 2024.

“Norfolk Southern confirms first quarter 2024 results in-line with preliminary release”
CPF CENTRAL PACIFIC FINANCIAL CORP

CENTRAL PACIFIC FINANCIAL CORP reported for the quarter ended March 31, 2024 results: net income net income of $12.9 million, EPS fully diluted earnings per share ("EPS") of $0.48.

“Central Pacific Financial Corp. (NYSE: CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank" or "CPB"), today reported net income of $12.9 million, or fully diluted earnings per share ("EPS") of $0.48 for the first quarter of 2024, compared to net income of $14.9 million, or EPS of $0.55 in the previous quarter and net income of $16.2 million, or EPS of $0.60 in the year-ago quarter.”
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”

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.