AI filing briefs · archive

8-K filings in October 2023, explained

84 material Form 8-K filings that 83 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).

Clear

5 of 84 briefs match

newest first · times in ET
XHRXenia Hotels & Resorts, Inc. Oct 31, 4:31 PM ET

Xenia Hotels & Resorts cuts 2023 outlook; Q3 adjusted EBITDAre down 13.9%

Negative guidance Written later 2.02

Xenia Hotels & Resorts reported a third-quarter 2023 net loss attributable to common stockholders of $8.5 million, or $0.08 per share, compared with a $1.7 million loss, or $0.01 per share, a year earlier. The company lowered its high-end full-year 2023 guidance, citing moderately reduced expectations for the fourth quarter, which matters to shareholders because it signals weaker near-term earnings tied to renovation disruption and moderating leisure demand.

  • Q3 2023 Adjusted EBITDAre was $46.3 million, down 13.9% from the third quarter of 2022; same-property RevPAR rose 0.4% to $158.48.
  • Full-year 2023 Adjusted EBITDAre guidance is $246 million to $254 million; the high end was cut by $10 million and the low end was raised by $2 million.
  • Full-year 2023 Adjusted FFO per diluted share guidance is $1.48 to $1.55; the high end was cut by $0.05.
  • Preliminary October 2023 same-property RevPAR was approximately $191, 2.3% below October 2022.
Read the filing on SEC.gov ↗

United States Lime Q3 revenue rose 12.7% to $74.9 million; net income up 31.8%

Positive earnings Written later 2.02

United States Lime & Minerals reported third quarter 2023 revenue of $74.9 million, up 12.7% from a year earlier, and net income of $20.7 million, or $3.63 per diluted share, up 31.8%. The company also declared a regular quarterly dividend of $0.20 per share, and its CEO said he anticipates continued weak demand in some key markets.

  • Q3 2023 revenue was $74.9 million, compared with $66.5 million in Q3 2022, an increase of $8.4 million.
  • Q3 2023 net income was $20.7 million ($3.63 per diluted share), compared with $15.7 million ($2.77 per diluted share) a year earlier.
  • Nine-month 2023 revenue was $215.6 million, up 21.2% from $177.9 million in the first nine months of 2022.
  • Quarterly cash dividend of $0.20 per share is payable December 15, 2023 to shareholders of record on November 24, 2023.
Read the filing on SEC.gov ↗
GPORGULFPORT ENERGY CORP Oct 31, 4:20 PM ET

Gulfport Energy Q3 net income $608.4 million; raises 2023 production guidance

Positive earnings Written later 2.027.01

Gulfport Energy reported third quarter 2023 net income of $608.4 million, compared with a net loss of $18.5 million a year earlier, and total revenues of $266.7 million versus $191.1 million. The profit figure includes a $554.7 million deferred income tax benefit and a $39.4 million net gain on derivatives, compared with a $474.9 million derivative loss a year earlier. The company raised its 2023 net production guidance to 1,045-1,055 MMcfe per day, lowered its base capital expenditure guidance to $435 million-$455 million, and expanded its share repurchase authorization by 63% to $650 million.

  • Q3 2023 net income $608.4 million and adjusted EBITDA $160.0 million, both above analyst consensus per the company
  • Net daily production of 1,056.9 MMcfe in Q3 2023, versus 914,888 MMcfe a year earlier
  • Average natural gas price without derivatives was $1.99 per Mcf, down from $7.80 in Q3 2022
  • Share repurchase authorization raised to $650 million; about $315.4 million of capacity remained as of October 26, 2023
Read the filing on SEC.gov ↗
UFPIUFP INDUSTRIES INC Oct 31, 8:01 AM ET

UFP Industries Q3 net sales fall 21% to $1.8 billion; diluted EPS $2.10

Negative earnings Written later 2.02

UFP Industries reported third quarter 2023 results with net sales of $1.83 billion, down 21% from a year earlier, driven by a 12% drop in prices and a 9% drop in organic unit sales. Net earnings attributable to controlling interest were $134 million, or $2.10 per diluted share, down 21% from the prior year's record quarter, though the company said its operating margins remain historically strong.

  • Net sales of $1.83 billion, down 21% year over year; selling prices fell 12% and organic unit sales fell 9%
  • Diluted EPS of $2.10, down 21% from last year's record quarter; net earnings attributable to controlling interest of $134 million
  • Adjusted EBITDA of $208 million, down 24%; adjusted EBITDA margin of 11.4%, down 40 basis points
  • Net surplus cash of $682.4 million at September 30, 2023, versus $128 million a year earlier
Read the filing on SEC.gov ↗
PJTPJT Partners Inc. Oct 31, 6:50 AM ET

PJT Partners Q3 revenue rises 5% to $278 million, but EPS falls to $0.68

Mixed earnings Written later 2.02

PJT Partners reported third-quarter 2023 revenue of $278 million, up 5% from a year earlier, driven by higher advisory revenue. GAAP diluted earnings per share fell to $0.68 from $0.82, and placement revenue dropped 33%, so profit moved in the opposite direction from revenue.

  • Q3 2023 total revenues were $278 million, up 5% from $266 million; advisory revenues rose 9% to $244 million while placement revenues fell 33% to $27 million.
  • GAAP diluted EPS was $0.68 versus $0.82 a year earlier; adjusted EPS was $0.78 versus $0.96.
  • Nine-month revenues were a record $825 million, up 11%, while nine-month GAAP diluted EPS was $2.20 versus $2.56.
  • As of September 30, 2023, the company held $355 million in cash, cash equivalents and short-term investments with no funded debt; the board declared a $0.25 quarterly dividend payable December 20, 2023.
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.