392 material Form 8-K filings that 341 companies we cover made with the SEC in July 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).
Artisan Partners reported results for the three months ended June 30, 2024, with revenue of $270.8 million, up 11% from a year earlier, and GAAP net income of $57.6 million, or $0.80 per share, up from $53.6 million, or $0.76 per share. Assets under management ended the quarter at $158.9 billion, up 11% from a year earlier but down 1% from March 31, 2024, as the firm recorded $1.6 billion of net client cash outflows in the quarter. The board declared a variable quarterly dividend of $0.71 per share.
Q2 2024 revenue $270.8 million, up 11% from $242.9 million in Q2 2023 and up 2% from $264.4 million in Q1 2024
GAAP net income $57.6 million, or $0.80 per share, versus $59.5 million, or $0.84 per share, in Q1 2024; adjusted net income $66.0 million, or $0.82 per adjusted share
Ending AUM $158.9 billion at June 30, 2024, down $1.5 billion from March 31, 2024, after $1.6 billion of net client cash outflows
Quarterly dividend of $0.71 per share declared, payable August 30, 2024, to holders of record on August 16, 2024
Weatherford reported second-quarter 2024 revenue of $1.405 billion, up 10% from a year earlier, with net income of $125 million and diluted earnings of $1.66 per share, compared with $1.12 a year earlier. The company also declared its first quarterly dividend of $0.25 per share, authorized a $500 million share repurchase program running through June 2027, and appointed Steven Beringhause to its board. Management reaffirmed expectations for adjusted free cash flow of over $500 million for the full year.
Revenue of $1,405 million, up 10% year over year and 3.5% sequentially; diluted EPS of $1.66 versus $1.12 in Q2 2023
Adjusted EBITDA of $365 million, a 26.0% margin; adjusted free cash flow of $96 million
Quarterly dividend of $0.25 per share payable September 12, 2024, to holders of record August 13, 2024
Steven Beringhause appointed to the board, increasing its size to six directors
EastGroup reported second-quarter 2024 diluted EPS of $1.14, up from $0.97 a year earlier, and FFO of $2.09 per share, up 9.4%. The company also revised its 2024 FFO guidance to $8.28-$8.38 per share from $8.17-$8.37 in April, a higher range for shareholders.
Q2 2024 diluted EPS was $1.14 versus $0.97 in Q2 2023; FFO excluding gains was $2.05 per share, up 8.5%
Same PNOI excluding lease termination income rose 5.3% on both straight-line and cash bases for the quarter
2024 FFO per share guidance revised to $8.28-$8.38; 2024 EPS guidance set at $4.63-$4.73
Operating portfolio was 97.4% leased as of June 30, 2024, with average occupancy of 97.0% for the quarter versus 98.1% a year earlier
Agree Realty reported second quarter 2024 results on July 23, 2024, with net income per share up 25.6% to $0.52 and AFFO per share up 6.4% to $1.04. The company raised its full-year 2024 AFFO per share guidance to $4.11 to $4.14 from $4.10 to $4.13 and lifted its acquisition volume outlook to approximately $700 million from approximately $600 million.
Q2 2024 net income per share rose 25.6% to $0.52; Core FFO per share rose 5.7% to $1.03
2024 AFFO per share guidance raised to $4.11 to $4.14 from $4.10 to $4.13
2024 acquisition volume guidance raised to approximately $700 million from approximately $600 million
Commitments received to expand the credit facility to $1.25 billion from $1.0 billion, with maturity extended to August 2029
Visa reported fiscal third-quarter 2024 results for the quarter ended June 30, 2024, with net revenue of $8.9 billion, up 10%, and GAAP earnings per share of $2.40, up 20%. Non-GAAP earnings per share were $2.42, up 12%, and non-GAAP net income rose 9% to $4.9 billion. The board also declared a $0.520 per share quarterly dividend, payable September 3, 2024, which shows continued cash returns to shareholders alongside share repurchases and dividends totaling $5.8 billion in the quarter.
Net revenue was $8.9 billion, up 10%, with payments volume up 7% and cross-border volume up 14%.
GAAP net income was $4.9 billion, or $2.40 per share, up 17% and 20% respectively.
Non-GAAP EPS was $2.42, up 12%, while non-GAAP operating expenses rose 14%.
The quarterly dividend is $0.520 per share, payable September 3, 2024, to holders of record as of August 9, 2024.
Manhattan Associates reported second-quarter 2024 revenue of $265.3 million, up from $231.0 million a year earlier, and GAAP diluted earnings per share of $0.85 versus $0.63. The company also raised its full-year 2024 guidance, now projecting total revenue of $1,036 million to $1,044 million and GAAP diluted EPS of $3.08 to $3.16, with adjusted EPS of $4.22 to $4.30.
Q2 2024 total revenue was $265.3 million, compared with $231.0 million in Q2 2023.
Q2 2024 GAAP diluted EPS was $0.85, compared with $0.63; adjusted diluted EPS was $1.18, compared with $0.88.
2024 full-year guidance: total revenue $1,036 million to $1,044 million (12% growth) and GAAP EPS $3.08 to $3.16.
Cash flow from operations was $73.3 million in Q2 2024, compared with $40.6 million in Q2 2023; cash totaled $202.7 million at June 30, 2024.
First BanCorp. reported net income of $75.8 million, or $0.46 per diluted share, for the quarter ended June 30, 2024, up from $73.5 million, or $0.44 per share, in the first quarter of 2024 and $70.7 million, or $0.39 per share, a year earlier. Net interest margin rose to 4.22% and non-performing assets fell $2.7 million to $126.9 million, while annualized net charge-offs rose to 0.69% of average loans from 0.37%. The company repurchased $50.0 million of common stock and paid $26.3 million in dividends during the quarter.
Net income of $75.8 million, or $0.46 per diluted share, versus $73.5 million, or $0.44, in Q1 2024 and $70.7 million, or $0.39, in Q2 2023
Net interest margin increased to 4.22% from 4.16%; net interest income was $199.6 million
Annualized net charge-offs rose to 0.69% of average loans from 0.37%; allowance coverage was 2.06% versus 2.14%
Repurchased $50.0 million of common stock and paid $26.3 million in common stock dividends in the quarter
Equity LifeStyle Properties reported second-quarter 2024 results on July 22, with net income per share of $0.42, up from $0.34, and normalized FFO per share of $0.66, up 2.9%. The accompanying release also increased the company's 2024 earnings guidance, with full-year normalized FFO per share now projected at $2.86 to $2.96. The filing also discloses a July 18 amendment extending the maturity of its $500 million line of credit to July 18, 2028, with other material terms, including interest rate terms, unchanged.
Q2 2024 net income per share was $0.42 versus $0.34 in Q2 2023; normalized FFO per share was $0.66 versus $0.64.
Full-year 2024 normalized FFO per share guidance is $2.86 to $2.96; third-quarter guidance is $0.69 to $0.75.
On July 18, 2024, the $500 million credit line maturity was extended to July 18, 2028, and the $300 million term loan gained an option to extend to April 16, 2027.
PulteGroup reported second quarter 2024 net income of $809 million, or $3.83 per diluted share, up from $3.21 a year earlier, on home sale revenues of $4.4 billion, up 10%. The results were helped by higher closings, a higher average sales price and a 30 basis point gain in homebuilding gross margin, and they include a $52 million pre-tax insurance benefit.
Net income was $809 million versus $720 million in the second quarter of 2023; the quarter included a $52 million pre-tax insurance benefit ($0.19 per share).
Closings rose 8% to 8,097 homes, and the average sales price rose 2% to $549,000.
Homebuilding gross margin was 29.9%, up 30 basis points from both a year earlier and the first quarter of 2024.
The company repurchased $314 million of common shares and completed a $300 million tender offer for senior notes in the quarter.
A. O. Smith reported second-quarter 2024 net sales of $1,024.3 million, up 7% from a year earlier, and diluted EPS of $1.06, up 2%. The company reaffirmed its 2024 sales growth outlook of 3% to 5% and narrowed its full-year EPS guidance to $3.95 to $4.10, while North America segment margin fell to 25.1% from 27.6%.
Q2 2024 net sales were $1,024.3 million, up 7% from $960.8 million, driven by higher water heater volumes
Diluted EPS was $1.06 versus $1.04 a year earlier; net earnings were $156.2 million, down 1%
2024 EPS guidance narrowed to $3.95 to $4.10; sales outlook of 3% to 5% growth reaffirmed
Pureit acquisition from Unilever for $120 million is expected to close by the end of 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.