Earnings Releases

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”

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.”

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 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 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.”

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.”

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.”

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 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.”

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 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”

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”

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”

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.”

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.”

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.”

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 %”

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 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 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.”

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”