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).
Essex Property Trust reported first-quarter 2024 net income of $4.25 per diluted share, up from $2.38, with the increase largely due to a gain on remeasurement of co-investments. Core FFO per diluted share rose 4.9% to $3.83 and exceeded the midpoint of company guidance by $0.09, and the company raised its full-year 2024 Core FFO guidance midpoint by $0.20 to $15.23.
Net income per diluted share of $4.25 for Q1 2024 versus $2.38 in Q1 2023, driven by a $138.3 million gain on remeasurement of co-investments
Core FFO per diluted share of $3.83 for Q1 2024, up 4.9% from $3.65, and $0.09 above the guidance midpoint
Full-year 2024 Core FFO guidance range raised to $15.03 to $15.43 per diluted share, midpoint up $0.20
Same-property revenue growth of 3.6% and NOI growth of 3.0% year over year for Q1 2024
American Assets Trust reported first-quarter 2024 net income attributable to common stockholders of $19.3 million, or $0.32 per diluted share, up from $16.1 million, or $0.27, a year earlier. The company also raised its 2024 FFO per diluted share guidance to $2.24 to $2.34, which the filing says is a 1% increase at the midpoint. Shareholders should note that first-quarter net income was helped by a $10 million settlement payment.
Q1 2024 FFO per diluted share was $0.71, up 8% from $0.66 a year earlier.
Same-store cash NOI rose 1.5% to $66.8 million; excluding a $0.5 million construction in progress write-off, it rose 2.3%.
2024 FFO guidance was raised to $2.24 to $2.34 per share, from $2.19 to $2.33 previously, with a midpoint of $2.29.
Total revenue was $110.7 million for the quarter, compared with $107.8 million a year earlier.
JBG SMITH reported a first-quarter 2024 net loss of $32.3 million, or $0.36 per diluted share, compared with net income of $21.2 million a year earlier, and Core FFO fell to $26.9 million from $37.2 million. Management expects downward pressure on earnings from tenant vacates at least through the end of 2025, which matters to shareholders because it signals weaker earnings ahead even as the company sells assets and buys back shares.
Q1 2024 net loss of $32.3 million ($0.36 per diluted share) versus net income of $21.2 million ($0.19) in Q1 2023; the quarter included a $17.2 million impairment loss.
Core FFO attributable to common shareholders was $26.9 million ($0.29 per diluted share), down from $37.2 million ($0.33) a year earlier.
Management expects downward pressure on earnings from known tenant vacates, persisting at least through the end of 2025.
Repurchased 3.0 million shares for $49.4 million at $16.50 per share; declared a quarterly dividend of $0.175 per common share payable May 24, 2024.
Edison International reported a first-quarter 2024 net loss of $11 million, or $0.03 per share, compared with net income of $310 million, or $0.81 per share, a year earlier. The company raised its estimate of losses from the 2017/2018 wildfire and mudslide events by $490 million, and it affirmed its 2024 core EPS guidance of $4.75 to $5.05 while core EPS rose to $1.13 from $1.09.
Q1 2024 net loss of $11 million, or $0.03 per share, versus net income of $310 million, or $0.81 per share, in Q1 2023
Core EPS of $1.13 versus $1.09 a year earlier; core earnings of $438 million
$490 million increase in estimated losses for the 2017/2018 Wildfire/Mudslide Events; net after-tax charge of $333 million
2024 core EPS guidance of $4.75 to $5.05 affirmed; basic EPS guidance of $3.59 to $3.89 reflects $1.16 per share of non-core items
Tanger Inc. reported first-quarter 2024 revenue of $123.4 million, up from $108.9 million a year earlier, and Core FFO of $0.52 per share, up from $0.46. GAAP net income available to common shareholders fell to $0.20 per share from $0.22, and the company raised its full-year 2024 Core FFO guidance to $2.03 to $2.11 per share from $2.02 to $2.10.
Q1 2024 revenue was $123.4 million versus $108.9 million in Q1 2023, and FFO available to common shareholders was $0.51 per share versus $0.47.
Net income available to common shareholders was $22.2 million, or $0.20 per share, versus $23.3 million, or $0.22 per share, a year earlier.
Full-year 2024 Core FFO guidance was raised to $2.03 to $2.11 per share from $2.02 to $2.10 per share.
The Board approved a 5.8% dividend increase to $1.10 per share annualized, with a quarterly dividend of $0.275 per share payable May 15, 2024.
Illinois Tool Works reported first-quarter 2024 revenue of $4.0 billion, down 1%, with organic growth down 0.6%. GAAP EPS rose 17% to $2.73, but that figure includes a $0.29 benefit from a one-time LIFO-to-FIFO inventory accounting change; excluding it, EPS was $2.44, up 5%. The company raised its full-year GAAP EPS guidance by $0.30 to $10.30 to $10.70 and reaffirmed organic growth guidance of 1% to 3%.
Revenue of $3,973 million, down 1% from $4,019 million in Q1 2023; organic growth was down 0.6%
GAAP diluted EPS of $2.73, up 17%; excluding the one-time $0.29 item, EPS was $2.44, up 5%
Operating income of $1.13 billion included $117 million of pre-tax benefit; excluding it, operating income was $1.01 billion, up 4%
Full-year 2024 GAAP EPS guidance raised by $0.30 to $10.30 to $10.70; plans to repurchase about $1.5 billion of shares
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.