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8-K filings in October 2023, explained

77 material Form 8-K filings that 76 companies we cover made with the SEC in October 2023, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).

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EWBCEAST WEST BANCORP INC Oct 19, 9:39 AM ET

East West Bancorp Q3 profit falls 3% to $288 million as revenue rises 3%

Mixed earnings Written later 2.027.01

East West Bancorp reported third-quarter 2023 net income of $288 million, or $2.02 per diluted share, down 3% from a year earlier, while revenue rose 3% to $648 million. The company said it plans to restart share repurchases in the fourth quarter, with $254 million remaining under its authorization.

  • Net income was $288 million, down from $295 million in the third quarter of 2022.
  • Diluted EPS was $2.02, compared with $2.08 a year earlier; net income also fell from $312 million in the second quarter.
  • Revenue was $648 million, up from $627 million a year earlier.
  • Board declared a $0.48 per share dividend payable November 15, 2023; no shares were repurchased in Q3 2023, and $254 million remains under the authorization.
Read the filing on SEC.gov ↗
BMIBADGER METER INC Oct 19, 8:35 AM ET

Badger Meter Q3 sales rise 26% to $186.2 million; diluted EPS up 44% to $0.88

Positive earnings Written later 2.02

Badger Meter reported record third quarter 2023 results, with net sales of $186.2 million, up 26% from $148.0 million a year earlier. Diluted earnings per share rose 44% to $0.88, and operating earnings increased 31%. The company also announced a 20% increase in its annual dividend rate, its 31st consecutive annual increase.

  • Net sales of $186.2 million, up 26% from $148.0 million in the third quarter of 2022.
  • Diluted EPS of $0.88, up from $0.61; the 20.3% tax rate included a discrete favorable income tax benefit.
  • Operating profit margin expanded 80 basis points to 16.9% from 16.1%.
  • Annual dividend rate increased 20%, the 31st consecutive annual increase; net cash provided by operations was $31 million, up 32%.
Read the filing on SEC.gov ↗
WSOWATSCO INC Oct 19, 7:31 AM ET

Watsco Q3 Sales Rise 4% to Record $2.13 Billion; EPS Up 8% to $4.35

Positive earnings Written later 2.027.01

Watsco reported third-quarter 2023 revenue of $2.13 billion, up 4%, and diluted earnings per share of $4.35, up from $4.03 a year earlier, with operating income up 9% to $257 million. For the nine months, sales were flat at $5.68 billion and EPS fell to $11.60 from $11.86, so shareholders see stronger quarterly results but a flat year to date.

  • Q3 2023 revenue $2.13 billion, up 4%; gross margin 26.7% versus 27.1% a year earlier
  • Q3 operating income $257 million, up 9%; diluted EPS $4.35 versus $4.03
  • Nine-month EPS $11.60 versus $11.86; nine-month sales $5.68 billion, flat year over year
  • Watsco acquired Gateway Supply Company, with annual sales of approximately $180 million
Read the filing on SEC.gov ↗
SNASnap-on Inc Oct 19, 6:35 AM ET

Snap-on Q3 net sales rise 5.2% to $1,159.3 million; diluted EPS up 8.9% to $4.51

Positive earnings Written later 2.02

Snap-on reported third-quarter 2023 results on October 19, 2023. Net sales rose $56.8 million, or 5.2%, to $1,159.3 million, and net earnings attributable to Snap-on rose to $243.1 million, or $4.51 per diluted share, from $223.9 million, or $4.14, a year earlier. The company also expects a full-year 2023 effective income tax rate of about 23% and capital expenditures of about $100 million, of which $73.9 million was incurred in the first nine months.

  • Net sales of $1,159.3 million in Q3 2023, up 5.2%; organic sales up 4.7%
  • Operating margin before financial services of 21.2%, up 90 basis points from 20.3%
  • Diluted EPS of $4.51 versus $4.14 a year earlier; nine-month diluted EPS of $14.00 versus $12.41
  • 2023 capital expenditures projected at about $100 million; full-year effective tax rate about 23%
Read the filing on SEC.gov ↗

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.

Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.