188 material Form 8-K filings that 175 companies we cover made with the SEC in April 2024, 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).
NewMarket reported first quarter 2024 net income of $107.7 million, or $11.23 per share, up from $97.6 million, or $10.09 per share, a year earlier. Total net sales were $696.7 million, down from $702.8 million, and the results include 76 days of the American Pacific (AMPAC) business acquired in January for about $700 million.
Net income was $107.7 million, or $11.23 per share, versus $97.6 million, or $10.09 per share, in Q1 2023.
Total net sales were $696.7 million versus $702.8 million; petroleum additives sales were $677.3 million versus $700.0 million.
Petroleum additives operating profit rose to $150.9 million from $132.1 million, mainly due to lower raw material and operating costs.
Long-term debt rose to $1.28 billion at March 31, 2024, from $643.6 million at December 31, 2023, and the Board approved an 11% increase in the quarterly dividend rate in February.
Annaly Capital Management reported first-quarter 2024 results, with GAAP net income of $0.85 per average common share, compared with a loss of $(0.88) in the fourth quarter of 2023. Earnings available for distribution fell to $0.64 per share from $0.68 in the prior quarter, while book value per common share rose to $19.73 and the company declared a $0.65 quarterly dividend.
GAAP net income of $0.85 per average common share, versus a $(0.88) loss in Q4 2023 and a $(1.79) loss in Q1 2023.
Earnings available for distribution of $0.64 per share, down from $0.68 in Q4 2023 and $0.81 in Q1 2023.
Book value per common share of $19.73, up from $19.44 at December 31, 2023; economic return of 4.8% for the quarter.
Declared quarterly common dividend of $0.65 per share; GAAP leverage of 6.7x, down from 6.8x.
AMERISAFE reported first-quarter 2024 results on April 24, 2024, with net income of $16.9 million and diluted EPS of $0.88, both slightly lower than a year earlier. Total revenues rose to $80.5 million, but net premiums earned fell 1.1%, and the net combined ratio worsened to 87.3% from 82.2%, so underwriting profit fell 29.2%. For shareholders, the quarter shows steady headline earnings but weaker underlying insurance profitability.
Net income was $16.9 million, down 2.4% from $17.3 million; diluted EPS was $0.88 versus $0.90.
Operating earnings per share, a non-GAAP measure, fell 16.9% to $0.69 from $0.83.
Net combined ratio rose to 87.3% from 82.2%, and underwriting profit fell 29.2% to $8.7 million.
Book value per share was $15.74 at March 31, 2024, up 3.0% from $15.28 at December 31, 2023; a $0.37 quarterly dividend was declared April 23, 2024.
PROG Holdings reported first-quarter 2024 consolidated revenues of $641.9 million, down 2.0% from a year earlier, and diluted EPS of $0.49 versus $1.00, with net earnings reduced by $18.0 million of restructuring expense. The company raised its full-year 2024 revenue and earnings outlook, with revenues now projected at $2.285 billion to $2.360 billion and diluted EPS at $2.18 to $2.43. Shareholders also received a $0.12 per share cash dividend, and the company repurchased $24.4 million of stock in the quarter.
Q1 2024 revenues $641.9 million, down 2.0%; net earnings $22.0 million versus $48.0 million a year earlier
Restructuring expense of $18.0 million tied to cost reduction actions executed in January
Full-year 2024 total revenue outlook raised to $2.285 billion-$2.360 billion from $2.235 billion-$2.335 billion
Second-quarter 2024 diluted EPS outlook of $0.56 to $0.66
Watsco reported first-quarter 2024 results for the period ended March 31, 2024. Revenue rose 1% to a record $1.56 billion, but same-store revenue fell 2%, operating income dropped to $127 million from $165 million, and diluted earnings per share were $2.17 versus $2.83 a year earlier. The company also reported no debt, $479 million in cash and investments, and a 10% dividend increase to $10.80 per share annually.
Revenue rose 1% to $1.56 billion; same-store revenue declined 2%.
Operating income was $127 million (8.1% margin) versus $165 million (10.6% margin) a year earlier.
Diluted EPS was $2.17 versus $2.83; operating cash flow was a record $104 million for a first quarter.
Annual dividend rate increased 10% to $10.80 per share, effective April 2024.
Evercore reported first quarter 2024 U.S. GAAP net revenues of $580.8 million, up 2% from a year earlier, and diluted EPS of $2.09 versus $2.06. Operating income fell to $84.1 million from $106.9 million, and adjusted diluted EPS declined to $2.13 from $2.16. The board also raised the quarterly dividend 5% to $0.80 per share, and the company returned $308.5 million to shareholders in the quarter.
U.S. GAAP net revenues $580.8 million vs $572.1 million in Q1 2023, up 2%; adjusted net revenues $587.3 million, up 2%
U.S. GAAP diluted EPS $2.09 vs $2.06; adjusted diluted EPS $2.13 vs $2.16
Operating margin 14.5% vs 18.7%; compensation ratio 66.8% vs 64.1%
Quarterly dividend increased 5% to $0.80 per share, payable June 14, 2024; $308.5 million returned to shareholders in the quarter
Prosperity Bancshares reported first quarter 2024 net income of $110.4 million, or $1.18 per diluted share, down from $124.7 million, or $1.37 per share, a year earlier but up from $95.5 million, or $1.02 per share, in the fourth quarter of 2023. The company also completed the Lone Star State Bancshares merger on April 1, 2024, and declared a $0.56 second quarter dividend.
Net income of $110.4 million and $1.18 per diluted share, versus $124.7 million and $1.37 in Q1 2023
Up from $95.5 million and $1.02 per diluted share in Q4 2023, mainly on higher interest income and lower FDIC assessments
Net interest margin of 2.79%, up from 2.75% in Q4 2023 but down from 2.93% a year earlier
Repurchased 567,692 shares at an average $62.12 per share; second quarter dividend of $0.56 per share payable July 1, 2024
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.