352 material Form 8-K filings that 310 companies we cover made with the SEC in August 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).
Vornado Realty Trust reported second quarter 2024 results on August 5, 2024. Net income attributable to common shareholders was $35.3 million, or $0.18 per diluted share, down from $46.4 million, or $0.24, a year earlier, and revenues fell to $450.3 million from $472.4 million. Shareholders face lower reported earnings, although FFO per diluted share rose to $0.76 from $0.74 on the company's non-GAAP measure.
Net income attributable to common shareholders was $35.3 million, or $0.18 per diluted share, versus $46.4 million, or $0.24, in Q2 2023.
FFO attributable to common shareholders plus assumed conversions was $0.76 per diluted share, up from $0.74; FFO as adjusted was $0.57, down from $0.72.
Same store NOI at share fell 9.0% for the three months ended June 30, 2024, compared with June 30, 2023.
The quarterly earnings conference call is scheduled for August 6, 2024 at 10:00 a.m. ET.
J&J Snack Foods reported fiscal third-quarter 2024 net sales of $440.0 million, up 3.3%, and net earnings of $36.3 million, up 3.8%, with diluted EPS of $1.87 versus $1.81 a year earlier. Growth came mainly from the Retail and Food Service segments, while Frozen Beverages sales declined 2.6% due to weaker movie theater attendance, which matters to shareholders as it shows continued top-line and profit growth despite a segment-level drag.
Net sales rose 3.3% to $440.0 million; net earnings rose 3.8% to $36.3 million.
Diluted EPS was $1.87 versus $1.81 a year earlier; adjusted EPS was $1.98 versus $1.92.
Retail segment sales rose 12.4% to $68.7 million; Frozen Beverages sales fell 2.6% to $106.8 million.
Management said fiscal fourth quarter results will be impacted by one less sales week than the prior-year period; the filing gives no numeric outlook.
Boise Cascade reported second quarter 2024 net income of $112.3 million, or $2.84 per diluted share, on sales of $1.8 billion, down from $146.3 million, or $3.67 per share, a year earlier. Wood Products segment income fell 30% on lower engineered wood prices, while Building Materials Distribution sales rose 1%. The board also declared a $5.00 per share special dividend payable September 16, 2024, a return of capital to shareholders even as earnings declined.
Net income of $112.3 million, or $2.84 per diluted share, versus $3.67 in second quarter 2023 (down 23%)
Sales of $1,797.7 million, down 1% from $1,815.2 million a year earlier
Adjusted EBITDA of $181.2 million, down 18% from $221.0 million
Special dividend of $5.00 per share payable September 16, 2024, to holders of record on September 3, 2024
Addus HomeCare reported second-quarter 2024 net service revenues of $286.9 million, up 10.4% from a year earlier, with net income of $18.1 million, or $1.10 per diluted share, compared with $14.9 million, or $0.91, in the prior-year quarter. Results also covered a pending $350.0 million acquisition of Gentiva's personal care operations, a planned sale of its New York operations, and a public offering that raised net proceeds of about $176.1 million.
Net service revenues rose 10.4% to $286.9 million; adjusted EBITDA rose 24.7% to $35.3 million.
Net income was $18.1 million, or $1.10 per diluted share, versus $0.91 a year earlier; adjusted EPS was $1.35 versus $1.07.
Cash was $173.3 million at June 30, 2024; about $81.4 million of offering proceeds repaid all credit facility debt.
The Gentiva acquisition is expected to close in the fourth quarter of 2024, subject to regulatory approvals.
Fidelity National Financial reported second quarter 2024 results on August 5, 2024, with GAAP net earnings attributable to common shareholders of $306 million, or $1.12 per diluted share, up from $219 million, or $0.81, a year earlier. Adjusted net earnings rose to $338 million, or $1.24 per share, from $274 million, or $1.01, and total revenue was $3,158 million versus $3,068 million, so the headline measures improved for shareholders. The filing contains no updated financial guidance.
Total revenue of $3,158 million for the quarter, compared with $3,068 million in the second quarter of 2023
Adjusted pre-tax title margin of 16.2%, compared with 15.8% a year earlier
F&G Segment adjusted net earnings of $122 million, compared with $67 million; F&G record gross sales of $4.4 billion, up 47%
Common dividend of $0.48 per share, totaling $131 million, paid in the quarter
AECOM reported third quarter fiscal 2024 results for the quarter ended June 30, 2024, with revenue up 13% to $4.2 billion and net income attributable to AECOM from continuing operations of $129 million, compared with a loss a year earlier. The company raised its fiscal 2024 earnings guidance, including adjusted EPS of $4.45 to $4.55, and said it has returned $407 million to shareholders so far this fiscal year.
Q3 revenue rose 13% to $4.2 billion; operating income was $227 million versus a loss of $105 million a year earlier.
Diluted EPS from continuing operations was $0.95, versus a loss of $0.90 in the prior-year quarter; adjusted EPS rose 23%.
Fiscal 2024 guidance raised to adjusted EBITDA of $1,075 million to $1,105 million and adjusted EPS of $4.45 to $4.55.
Company repurchased $150 million of stock since the quarter ended and has more than $700 million remaining under its repurchase authorization.
ZoomInfo reported second-quarter 2024 revenue of $291.5 million, down 6% from a year earlier, and a GAAP net loss of $24.4 million, or $0.07 per diluted share, after $33 million in charges tied to a change in receivable collectibility estimates. The company also lowered its full-year 2024 GAAP revenue and adjusted EPS guidance, and CFO P. Cameron Hyzer will leave the role effective September 6, 2024.
Q2 2024 GAAP revenue was $291.5 million, down from $308.6 million in Q2 2023; adjusted operating income was $81.6 million, down 35%.
Q2 2024 GAAP net loss was $24.4 million, or $0.07 per diluted share, versus net income of $38.1 million a year earlier; adjusted EPS was $0.17 versus $0.26.
FY 2024 GAAP revenue guidance is now $1.190 to $1.205 billion, down from the prior $1.255 to $1.27 billion; adjusted EPS guidance is $0.86 to $0.88, down from $1.00 to $1.02.
CFO P. Cameron Hyzer departs effective September 6, 2024, and Michael Graham O'Brien becomes interim CFO and principal financial officer on that date.
Berkshire Hathaway reported second-quarter 2024 net earnings attributable to shareholders of $30.3 billion, down from $35.9 billion a year earlier, mainly because investment gains fell to $18.8 billion from $25.9 billion. Operating earnings, which exclude investment and derivative gains and losses, rose to $11.6 billion from $10.0 billion, and the company repurchased about $345 million of its shares during the quarter.
Q2 2024 net earnings $30,348 million versus $35,912 million in Q2 2023; first six months $43,050 million versus $71,416 million
Q2 2024 operating earnings $11,598 million versus $10,043 million; first six months $22,820 million versus $18,108 million
Q2 2024 net earnings per Class A share $21,122 versus $24,775 a year earlier
Share repurchases of about $345 million in Q2 2024 and $2.9 billion for the first six months; insurance float about $169 billion at June 30, 2024
Sonic Automotive reported second quarter 2024 results, with total revenues of $3.45 billion, down 5% year over year, and reported diluted EPS of $1.18, up 82%. Excluding items including the estimated CDK Global outage impact, adjusted EPS was $1.47, down 20%, so shareholders face a mixed picture. The board also approved a quarterly dividend of $0.30 per share.
Total revenues of $3.5 billion, down 5%; gross profit of $539.1 million, down 5%
Reported net income of $41.2 million, up 76%; adjusted net income of $51.3 million, down 22%
CDK Global software outage estimated to have reduced Q2 GAAP pre-tax income by about $30.0 million, or $0.64 per diluted share
Quarterly cash dividend of $0.30 per share, payable October 15, 2024, to holders of record September 13, 2024
Krystal Biotech reported second-quarter 2024 product revenue of $70.3 million from VYJUVEK, up 55.3% from the first quarter, and net income of $15.6 million ($0.53 per diluted share), compared with a net loss of $33.2 million a year earlier. Results include a $12.5 million litigation settlement charge, and the company kept its 2024 R&D and SG&A expense guidance of $150 million to $175 million (non-GAAP, excluding stock-based compensation) unchanged.
Q2 2024 product revenue, net: $70.3 million, up 55.3% from Q1 2024; gross margin 91%
Q2 2024 net income: $15.6 million, or $0.53 per diluted share, versus a net loss of $33.2 million in Q2 2023
Q2 2024 included a $12.5 million litigation settlement expense
Cash, cash equivalents and investments: $628.9 million as of June 30, 2024; 2024 R&D and SG&A guidance unchanged
Alpha Metallurgical Resources (AMR) reported second-quarter 2024 net income of $58.9 million, or $4.49 per diluted share, down from $127.0 million, or $9.59 per share, in the first quarter. Adjusted EBITDA fell to $116.0 million from $189.6 million, as Met segment realized pricing dropped to $141.86 per ton from $166.68. The company attributed the decline to weaker steel demand and said the pressures intensified in the third quarter.
Q2 2024 net income was $58.9 million, or $4.49 per diluted share, versus $127.0 million, or $9.59 per share, in Q1 2024 and $181.4 million, or $12.16 per share, in Q2 2023.
Met segment coal revenues excluding freight and handling were $645.7 million, down from $727.6 million in Q1 2024, on 4.6 million tons sold.
Cash and cash equivalents were $336.1 million at June 30, 2024, and total liquidity was $356.7 million.
As of July 31, 2024, the company had repurchased about 6.6 million shares for about $1.1 billion under a $1.5 billion authorization.
Carlyle reported second-quarter 2024 results that show a sharp year-over-year improvement. Net income attributable to common stockholders was $148 million, or $0.40 per diluted share, compared with a loss of $98 million in the second quarter of 2023. The company also declared a quarterly dividend of $0.35 per share, payable August 26, 2024, to holders of record on August 16, 2024.
Total revenues were $1,069.7 million in Q2 2024, up from $462.1 million in Q2 2023.
Fee Related Earnings were $273 million, up 32% from $207 million, with an FRE margin of 46%.
Distributable Earnings were $343 million, or $0.78 per common share after tax, versus $389 million in Q2 2023.
Carlyle repurchased or withheld 4.1 million shares for $178 million in Q2 2024, leaving $1.1 billion of repurchase capacity.
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.