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).
Ameris Bancorp reported unaudited second-quarter 2024 results on July 25, 2024, with net income of $90.8 million, or $1.32 per diluted share, up from $62.6 million, or $0.91 per diluted share, a year earlier. Excluding certain gains, charges and tax items, adjusted net income was $80.8 million, or $1.17 per diluted share. Management will discuss the results on a teleconference at 9:00 a.m. Eastern time on July 26, 2024.
Net income of $90.8 million, or $1.32 per diluted share, for the quarter ended June 30, 2024, compared with $62.6 million, or $0.91 per diluted share, a year earlier.
Adjusted net income of $80.8 million, or $1.17 per diluted share, excluding items including a $12.6 million gain on conversion of Visa Class B-1 shares and a $4.8 million BOLI-related tax expense.
Net interest margin of 3.58%, up from 3.51% in the first quarter of 2024.
Tangible book value per share of $35.79 at June 30, 2024, up $1.27 in the quarter.
Veralto reported second-quarter 2024 sales of $1,288 million, up 2.8% from a year earlier, and GAAP diluted earnings per share of $0.81, down from $0.85. The company raised its full-year 2024 adjusted diluted EPS guidance to $3.37 to $3.45 from $3.25 to $3.34, which points to higher expected profit for shareholders.
Q2 sales rose 2.8% to $1,288 million; non-GAAP core sales growth was 3.8%
GAAP net earnings were $203 million, or $0.81 per diluted share, versus $209 million, or $0.85, a year earlier
Non-GAAP adjusted diluted EPS was $0.85, versus $0.80 in the prior-year quarter
Full-year adjusted diluted EPS guidance raised to $3.37 to $3.45; Q3 guidance is $0.82 to $0.86
Arthur J. Gallagher & Co. reported second quarter 2024 results with higher revenues and earnings than a year earlier, including total company revenues before reimbursements of $2.7 billion, up from $2.4 billion, and diluted EPS of $1.26, up from $1.07. The board also expanded from nine to ten directors and appointed Richard Harries to fill the new seat, effective July 24, 2024.
Total company revenues before reimbursements were $2.7 billion ($2,736.0 million) for the quarter ended June 30, 2024, versus $2.4 billion ($2,406.9 million) a year earlier.
Net earnings were $285.4 million versus $235.8 million; diluted EPS was $1.26 versus $1.07, and adjusted EPS was $2.26 versus $1.89.
Richard Harries was appointed to the board on July 24, 2024, serves until the 2025 Annual Meeting, and joins the Audit and Risk and Compliance Committees.
The CFO Commentary, posted on the investor relations page, includes estimates for 2024 and other future results.
Erie Indemnity reported second-quarter 2024 net income of $163.9 million, or $3.13 per diluted share, up from $117.9 million, or $2.25 per share, a year earlier. The board also declared a quarterly dividend of $1.275 per Class A share, payable October 22, 2024, which is higher than the $1.19 declared in the second quarter of 2023.
Q2 2024 net income $163.9 million vs. $117.9 million in Q2 2023; diluted EPS $3.13 vs. $2.25
Q2 2024 operating income $190.2 million, up 41.8% from $134.2 million, driven by policy issuance and renewal management fee revenue up $127.5 million
First-half 2024 net income $288.5 million, or $5.52 per diluted share, vs. $204.1 million, or $3.90, in first half 2023
Dividend No. 377: $1.275 per Class A share; record and ex-dividend date October 7, 2024; payable October 22, 2024
Healthpeak Properties reported second-quarter 2024 results on July 25, 2024, with diluted net income of $0.21 per share, up from $0.09 a year earlier, while Nareit FFO was $0.44 per share, down from $0.45. The company raised its full-year 2024 diluted earnings per share guidance to $0.27 to $0.31 from $0.16 to $0.20. For shareholders, higher earnings guidance is offset in part by a slight decline in FFO per share, a key REIT measure.
Q2 2024 diluted net income of $0.21 per share vs. $0.09 in Q2 2023; Nareit FFO $0.44 vs. $0.45; AFFO $0.39 vs. $0.40
Full-year 2024 diluted EPS guidance raised to $0.27 to $0.31 from $0.16 to $0.20; diluted Nareit FFO guidance raised to $1.59 to $1.63 from $1.56 to $1.60
Quarterly common dividend of $0.30 per share declared July 24, 2024, payable August 16, 2024, to holders of record on August 5, 2024
New $500 million share repurchase authorization effective through July 2026, replacing the existing authorization
Ensign Group reported second-quarter 2024 GAAP diluted EPS of $1.22, up 8.9% from the prior year quarter, and total revenue of $1.04 billion, up 12.5%. The company raised its full-year 2024 earnings guidance to $5.38 to $5.50 per diluted share and its revenue guidance to $4.20 billion to $4.22 billion, which is favorable for shareholders.
Q2 2024 GAAP net income was $71.0 million, up 11.0%; adjusted EPS was $1.32, up 13.8%.
Full-year 2024 EPS guidance raised to $5.38 to $5.50 per diluted share, from $5.29 to $5.47.
Full-year 2024 revenue guidance raised to $4.20 billion to $4.22 billion, from $4.13 billion to $4.17 billion.
Deckers reported first-quarter fiscal 2025 results for the quarter ended June 30, 2024, with net sales up 22.1% to $825.3 million and diluted EPS up 87% to $4.52. The company raised its full-year fiscal 2025 diluted EPS guidance to $29.75 to $30.65, and said it expects to divest the Sanuk brand in August 2024.
Q1 net sales rose 22.1% to $825.3 million; HOKA brand net sales rose 29.7% to $545.2 million.
Q1 diluted EPS was $4.52, compared with $2.41 a year earlier; operating income was $132.8 million versus $70.7 million.
Fiscal 2025 diluted EPS guidance is now $29.75 to $30.65; the company now expects gross margin of about 54%.
Stefano Caroti is set to become President and CEO next week, succeeding Dave Powers.
WSFS Financial reported second-quarter 2024 diluted EPS of $1.16 and net income of $69.3 million, up from $1.09 and $65.8 million in the first quarter, with total net revenue of $266.0 million. Core EPS was $1.08, down from $1.11 in the first quarter, and problem assets rose to $628.5 million, which shareholders may watch closely.
Diluted EPS was $1.16 for 2Q 2024, versus $1.09 for 1Q 2024 and $1.12 for 2Q 2023.
Total net revenue was $266.0 million, up from $251.1 million in 1Q 2024; fee revenue rose to $91.6 million from $75.9 million.
Core EPS was $1.08, compared with $1.11 in 1Q 2024; noninterest expense rose to $155.8 million from $149.1 million.
WSFS repurchased 897,461 shares for $39.7 million and declared a quarterly dividend of $0.15 per share, payable August 23, 2024.
Edison International reported second-quarter 2024 net income of $439 million, or $1.14 per share, up from $354 million, or $0.92 per share, a year earlier. Core EPS was $1.23 versus $1.01, and the company reaffirmed its 2024 core EPS guidance of $4.75 to $5.05. The board also authorized a share repurchase program of up to $200 million running through December 31, 2025, which shareholders may watch as a use of capital.
Q2 2024 core earnings were $475 million, or $1.23 per share, compared with $388 million, or $1.01 per share, in Q2 2023.
Q2 2024 operating revenue was $4,336 million, compared with $3,964 million a year earlier.
2024 core EPS guidance of $4.75 to $5.05 was reaffirmed; basic EPS guidance moved to $3.49 to $3.79 from $3.59 to $3.89 due to non-core items.
A share repurchase program of up to $200 million takes effect July 29, 2024, to offset dilution from employee incentive stock issuance.
SPS Commerce reported second-quarter 2024 revenue of $153.6 million, up 18% from a year earlier, and net income of $18.0 million, or $0.48 per diluted share, compared with $14.7 million, or $0.39, in the second quarter of 2023. The board also authorized a new share repurchase program of up to $100 million, effective August 23, 2024, which the company intends to fund with cash on hand.
Q2 2024 net income was $18.0 million, or $0.48 per diluted share, versus $14.7 million, or $0.39, in Q2 2023.
Third quarter 2024 revenue is expected at $157.6 million to $158.6 million; fiscal 2024 revenue at $624.2 million to $626.0 million, or 16% to 17% growth.
The new program authorizes up to $100 million of repurchases through July 24, 2026, replacing a $50 million program from August 2022 that ends July 26, 2024.
Comfort Systems USA reported second quarter 2024 net income of $134.0 million, or $3.74 per diluted share, up from $69.5 million, or $1.93 per diluted share, a year earlier. Revenue rose to $1.81 billion from $1.30 billion, and the company also declared a quarterly dividend of $0.30 per share.
Q2 2024 revenue was $1.81 billion, compared with $1.30 billion in Q2 2023.
Backlog was $5.77 billion at June 30, 2024, down from $5.91 billion at March 31, 2024 and up from $4.19 billion a year earlier.
Operating cash flow was $189.9 million in the quarter, compared with $125.4 million in 2023.
The board declared a $0.30 per share dividend, payable August 23, 2024 to holders of record on August 12, 2024.
Exponent reported second-quarter 2024 net income of $29.2 million, up 14% from a year earlier, and revenues before reimbursements of $132.4 million, up 2%. The company raised its full-year 2024 revenue and EBITDA margin guidance and declared a $0.28 per share quarterly dividend payable September 20, 2024. Third-quarter revenues before reimbursements are expected to be approximately flat.
Q2 2024 net income rose to $29.2 million, or $0.57 per diluted share, from $25.7 million, or $0.50, in Q2 2023
Revenues before reimbursements rose 2% to $132.4 million; total revenues were approximately flat at $140.5 million
Full-year 2024 guidance raised: revenues before reimbursements to grow in the low to mid-single digits, EBITDA margin of 27.5% to 28.0%
Quarterly dividend of $0.28 per share to be paid September 20, 2024, to holders of record as of September 6, 2024
SkyWest reported second quarter 2024 net income of $76 million, or $1.82 per diluted share, compared with $15 million, or $0.35 per diluted share, a year earlier. Revenue rose 19% to $867 million, while operating expenses rose 8% to $747 million as block hour production increased 12%. The company also repurchased 177,000 shares for $13.3 million in the quarter and had $69 million of remaining availability under its buyback program as of June 30, 2024.
Q2 2024 net income of $76 million, or $1.82 per diluted share, versus $15 million, or $0.35, in Q2 2023
Revenue of $867 million, up $141 million, or 19%, from $726 million in Q2 2023
Operating expenses of $747 million, up 8%; block hour production increased 12%
Repurchased 177,000 shares for $13.3 million at an average price of $75.23; $69 million remaining under the program
EMCOR reported record second-quarter 2024 revenue of $3.67 billion, up 20.4%, and diluted EPS of $5.25, up 78.0% from a year earlier. The company raised its full-year 2024 revenue guidance to $14.5 billion-$15.0 billion and its diluted EPS guidance to $19.00-$20.00, which signals stronger expected profits for shareholders.
Q2 2024 net income was $247.6 million, or $5.25 per diluted share, versus $140.6 million, or $2.95, in Q2 2023.
Full-year 2024 diluted EPS guidance raised to $19.00-$20.00 from $15.50-$16.50.
Full-year 2024 revenue guidance raised to $14.5 billion-$15.0 billion from $14.0 billion-$14.5 billion.
Remaining performance obligations were $9.0 billion as of June 30, 2024, up 8.6% year-over-year.
United Bankshares reported second-quarter 2024 net income of $96.5 million, or $0.71 per diluted share, up from $86.8 million, or $0.64, in the first quarter of 2024 and $92.5 million, or $0.68, in the second quarter of 2023. Net interest margin rose to 3.50% from 3.44% in the first quarter, while noninterest income fell 14% year over year. The pending merger with Piedmont Bancorp, Inc. is expected to close late in the fourth quarter of 2024 or early in the first quarter of 2025, subject to customary closing conditions.
Q2 2024 net income was $96.5 million, or $0.71 per diluted share, versus $86.8 million, or $0.64, in Q1 2024 and $92.5 million, or $0.68, in Q2 2023.
Net interest margin was 3.50% for Q2 2024, up 6 basis points from 3.44% in Q1 2024.
Noninterest income was $30.2 million in Q2 2024, down $5.0 million, or 14%, from Q2 2023; noninterest expense was $134.8 million.
Piedmont Bancorp merger expected to close late in Q4 2024 or early in Q1 2025.
Lear reported second-quarter 2024 sales of $6.0 billion, a modest increase from $5.999 billion a year earlier, and net income attributable to Lear of $173 million, up from $169 million. Diluted EPS was $3.02 versus $2.84, and adjusted EPS rose 8% to $3.60, which the company attributes mainly to its share repurchase program. The company also updated its full-year 2024 outlook, now showing core operating earnings of $1,030 million to $1,200 million, though the filing does not state the prior outlook for comparison.
Q2 2024 sales of $6.0 billion versus $5.999 billion in Q2 2023; core operating earnings flat at $302 million
Diluted EPS of $3.02 versus $2.84; adjusted EPS of $3.60 versus $3.33, up 8%
Full-year 2024 outlook: net sales $23,230 million to $23,670 million; core operating earnings $1,030 million to $1,200 million; free cash flow $485 million to $635 million
Repurchased $60 million of shares in Q2 2024; remaining authorization about $1.4 billion
Lakeland Financial reported second-quarter 2024 net income of $22.5 million, up 54% from $14.6 million a year earlier, with diluted earnings per share of $0.87 versus $0.57. Net income fell 4% from the first quarter, and the quarter included a $9.0 million Visa share gain and a $4.5 million litigation accrual. Nonperforming loans rose to $57.2 million, mainly from one $43.3 million commercial relationship, which matters to shareholders because it signals higher credit risk.
Q2 2024 net income of $22.5 million, up $7.9 million or 54% from Q2 2023; diluted EPS $0.87 versus $0.57
Net income down $852,000, or 4%, from $23.4 million in Q1 2024
Q2 results included a $9.0 million net gain on Visa shares and a $4.5 million litigation accrual
Nonperforming loans rose to $57.2 million from $18.0 million a year earlier, driven by one $43.3 million commercial relationship
TechnipFMC reported second-quarter 2024 revenue of $2,325.6 million, up 17.9% from $1,972.2 million a year earlier, and net income attributable to the company of $186.5 million, or $0.42 per diluted share, compared with a loss of $87.2 million a year earlier. The company raised its 2024 guidance for Subsea revenue, Subsea adjusted EBITDA margin and free cash flow, which gives shareholders a higher outlook for the year.
Revenue of $2,325.6 million, up from $2,042.0 million in the first quarter of 2024 and $1,972.2 million in the second quarter of 2023.
Diluted earnings of $0.42 per share, compared with a loss of $(0.20) per share a year earlier; adjusted diluted EPS was $0.43.
Full-year 2024 Subsea revenue guidance raised to $7.6-7.8 billion from $7.2-7.6 billion; free cash flow guidance raised to $425-575 million from $350-500 million.
Total shareholder distributions of $121.5 million in the quarter, including $100 million of share repurchases.
Northrop Grumman reported second quarter 2024 sales of $10.2 billion, up 7% from a year earlier, and diluted earnings per share of $6.36, up 19%. The company raised its 2024 sales guidance to $41.0 billion to $41.4 billion and its MTM-adjusted EPS guidance to $24.90 to $25.30, which gives shareholders a higher outlook for the year.
Q2 net earnings were $940 million, or $6.36 per diluted share, versus $812 million, or $5.34, in Q2 2023
Free cash flow rose 80% to $1.1 billion; operating cash flow was $1.4 billion
2024 sales guidance raised to $41.0 billion to $41.4 billion from $40.8 billion to $41.2 billion
Mission Systems operating income fell 10% to $361 million on a lower operating margin rate
Dover reported second-quarter 2024 results for the period ended June 30, 2024, with revenue of $2.2 billion, up 4% (5% organic), and GAAP net earnings of $282 million, up 16%. The company reaffirmed a full-year 2024 GAAP EPS range of $10.80 to $10.95 and adjusted EPS range of $9.05 to $9.20, and said it announced the divestiture of its Environmental Solutions Group business.
Q2 2024 revenue: $2.2 billion, up 4% (+5% organic); six-month revenue $4.3 billion, up 2%
Q2 GAAP diluted EPS: $2.04, up 19%; adjusted diluted EPS: $2.36, up 15%
Full-year 2024 guidance: GAAP EPS of $10.80 to $10.95; adjusted EPS of $9.05 to $9.20; revenue growth of 3% to 4%
Dover announced the divestiture of its Environmental Solutions Group business unit and completed two bolt-on acquisitions
TransUnion reported second quarter 2024 revenue of $1,041 million, up 8 percent, and net income attributable to TransUnion of $85 million, compared with $54 million a year earlier. The company said it exceeded its second quarter guidance for revenue and earnings and raised its full-year 2024 revenue growth expectation to 7 to 8 percent, which points to higher expected results for shareholders.
Q2 2024 revenue was $1,041 million, up 8 percent from the second quarter of 2023.
Diluted earnings per share were $0.44, compared with $0.28 in the second quarter of 2023.
The company now expects 2024 revenue growth of 7 to 8 percent, with $80 million of debt voluntarily prepaid during the quarter.
WTW reported second-quarter 2024 results for the period ended June 30, 2024. Revenue rose 5% to $2.3 billion, diluted EPS rose 55% to $1.36, and adjusted diluted EPS rose 24% to $2.55, while the company raised the low end of its full-year 2024 adjusted operating margin and adjusted EPS targets.
Revenue of $2,265 million, up 5% from $2,159 million; organic growth was 6%
Diluted EPS of $1.36 vs. $0.88 a year earlier; adjusted diluted EPS of $2.55 vs. $2.05
2024 adjusted diluted EPS target now $16.00-$17.00 (previously $15.40-$17.00); adjusted operating margin target now 23.0%-23.5% (previously 22.5%-23.5%)
WTW repurchased $200 million of its outstanding shares during the quarter
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.