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).
Cavco Industries reported fiscal first quarter 2025 results for the period ended June 29, 2024. Net revenue edged up 0.4% to $478 million, but net income attributable to common stockholders fell 25.7% to $34 million, and diluted EPS dropped to $4.11 from $5.29, as high insurance claims in the financial services segment and lower factory-built housing gross margin weighed on profit.
Net revenue was $477.6 million, up $1.7 million or 0.4% from $475.9 million a year earlier, driven by higher home sales volume.
Diluted net income per share was $4.11 compared with $5.29 in the prior year quarter, down 22.3%.
Financial services posted a pretax net loss of $5.2 million, which the company said reduced diluted EPS by about $0.49, due to weather-related insurance claims in Texas and wildfires in New Mexico.
Backlog reached $232 million at quarter end, up 21.4% from $191 million three months earlier, and stock repurchases were about $29 million in the quarter.
Ventas reported second-quarter 2024 results on August 1, 2024. Attributable net income fell to $0.05 per share from $0.26 a year earlier, while normalized FFO rose 7% to $0.80 per share and total revenues rose to $1.2 billion from $1.1 billion. The company raised its full-year 2024 normalized FFO per share guidance midpoint to $3.15 from $3.14 and its attributable net income per share midpoint to $0.10 from $0.07.
Q2 2024 attributable net income of $0.05 per share, down 81% from $0.26 in Q2 2023
Q2 2024 normalized FFO of $0.80 per share, up 7% from $0.75; Nareit FFO fell 25% to $0.77
Full-year 2024 normalized FFO per share guidance midpoint raised to $3.15 from $3.14
Year-to-date investments of about $350 million in senior housing, funded by about $500 million of equity issuance
Mettler-Toledo reported second-quarter 2024 sales of $946.8 million, down 4% from a year earlier, and adjusted EPS of $9.65, down 5%. Reported diluted EPS rose to $10.37 from $9.69, helped by a one-time non-cash tax benefit of $1.07 per share. The company raised its full-year 2024 adjusted EPS forecast to $40.20 to $40.50, but sales weakness in Asia/Rest of World and China remains a concern for shareholders.
Reported sales fell 4% to $946.8 million; local currency sales decreased 2% in the quarter.
Adjusted EPS was $9.65, down from $10.19; reported diluted EPS was $10.37, up from $9.69.
Full-year 2024 adjusted EPS forecast raised to $40.20 to $40.50 from $39.90 to $40.40; local currency sales growth forecast unchanged at about 2%.
Third-quarter 2024 adjusted EPS is forecast at $9.90 to $10.05.
Xenia Hotels & Resorts reported second quarter 2024 net income attributable to common stockholders of $15.3 million, up 11.2% from a year earlier, while Adjusted EBITDAre fell 8.4% to $68.4 million. The company moderately lowered the midpoint of its full-year 2024 Adjusted EBITDAre guidance, citing softer leisure demand and continued expense pressure, which matters to shareholders because it signals lower expected earnings for the year.
Q2 2024 Adjusted EBITDAre was $68.4 million, down 8.4% from Q2 2023; net income attributable to common stockholders was $15.3 million, or $0.15 per share, up 11.2%
Full-year 2024 Adjusted EBITDAre guidance is $243 million to $255 million, a variance of $3 million lower at the low end and $7 million lower at the high end versus prior guidance
Same-Property RevPAR rose 1.8% to $185.69 in Q2 2024; excluding Hyatt Regency Scottsdale, RevPAR rose 5.0%
Company sold the 107-room Lorien Hotel & Spa for $30 million and declared a $0.12 per share quarterly dividend, with a record date of June 28, 2024
American Homes 4 Rent reported second quarter 2024 results on August 1, 2024. Rents and other single-family property revenues rose 7.1% to $423.5 million and Core FFO per share rose 8.5% to $0.45, but net income attributable to common shareholders fell to $92.1 million, or $0.25 per diluted share, from $0.27 a year earlier, mainly due to lower net gains on property sales. The company raised its full year 2024 Core FFO guidance to $1.74-$1.78 per share from $1.70-$1.76, which it attributed in part to higher rental rates and cost control.
Rents and other single-family property revenues rose 7.1% to $423.5 million for Q2 2024, up from $395.5 million a year earlier.
Net income attributable to common shareholders was $92.1 million, or $0.25 per diluted share, versus $98.0 million, or $0.27, in Q2 2023.
Full year 2024 Core FFO per share guidance raised to $1.74-$1.78 from $1.70-$1.76; midpoint up $0.03 to $1.76.
Issued $500.0 million of 5.500% unsecured senior notes due 2034, with net proceeds of $494.0 million.
DiamondRock reported second quarter 2024 total revenues of $309.3 million, up 6.2% from a year earlier, but net income fell 37.1% to $24.6 million, or $0.10 per diluted share, after $20.4 million of severance costs. The company raised the midpoint of its full-year 2024 Adjusted FFO per share guidance to $0.95 to $1.00 and its Adjusted EBITDA guidance to $278 million to $290 million.
Total revenues $309.3 million vs $291.2 million a year earlier; net income $24.6 million vs $39.1 million
Severance costs of $20.4 million in the quarter; corporate expenses $28.5 million vs $8.3 million
Adjusted FFO per diluted share $0.34 vs $0.32; full-year 2024 Adjusted FFO per share guidance midpoint raised by $0.02
Full-year 2024 Adjusted EBITDA guidance now $278 million to $290 million, up $4.0 million at the midpoint
The 8-K attaches a press release from Fresh Del Monte Produce Inc. (NYSE: FDP), not the DEL MONTE CORP (DMC) named in the request, reporting second-quarter 2024 results for the quarter ended June 28, 2024. Net sales and operating income declined from the prior-year quarter, while net income attributable to the company and diluted earnings per share rose, driven by other income and lower income taxes. The filing gives no new full-year guidance figures, and the board declared a $0.25 quarterly dividend.
Net sales were $1,139.7 million versus $1,180.5 million a year earlier, mainly due to lower banana net sales.
Operating income was $68.2 million versus $72.1 million; diluted EPS was $1.12 versus $0.99.
Fresh and value-added products gross margin was 11.2% versus 9.2%, while banana gross margin was 7.6% versus 11.3%.
Long-term debt was $285.0 million versus $400.5 million a year earlier; the $0.25 dividend is payable September 6, 2024.
Warrior Met Coal reported second quarter 2024 net income of $70.7 million, or $1.35 per diluted share, down from $82.1 million, or $1.58 per diluted share, a year earlier. Total revenues rose to $396.5 million from $379.7 million as sales volume grew 18%, while the average net selling price fell 11%. The company re-affirmed its 2024 guidance, so shareholders see weaker profit alongside higher sales and unchanged full-year targets.
Net income $70.7 million ($1.35 per diluted share) vs. $82.1 million ($1.58) in Q2 2023
Total revenues $396.5 million vs. $379.7 million; sales volume 2.1 million short tons, up 18%
Average net selling price fell 11% to $186.09 per short ton from $208.56
Cash flow from operations $147.0 million vs. $124.5 million; 2024 guidance re-affirmed
AMETEK reported second quarter 2024 sales of $1.73 billion, up 5%, and operating income of $447.5 million, up 7%. The company also adjusted its 2024 sales and earnings guidance, citing ongoing inventory normalization at OEM customers and more cautious customers delaying project spending, and expects third quarter adjusted earnings per share to fall 1% to 2%.
Q2 2024 GAAP diluted EPS was $1.45 versus $1.40 a year earlier; adjusted EPS was $1.66, up 6%
Full-year 2024 sales are now expected to be up 5% to 7% versus 2023, with adjusted EPS of $6.70 to $6.80
Third quarter 2024 adjusted EPS is expected at $1.60 to $1.62, down 1% to 2% from the third quarter of 2023
Electromechanical Group sales rose 14% to a record $581.2 million, while its operating margin was 21.2%
Standard Motor Products reported second-quarter 2024 net sales of $389.8 million, up from $353.1 million a year earlier, and said full-year 2024 sales growth is now expected in the low- to mid-single digits, up from prior projections. GAAP diluted earnings from continuing operations were $0.81 per share versus $0.83 a year earlier, while adjusted diluted EPS rose to $0.98 from $0.84. Shareholders also get a 29-cent quarterly dividend, and the company is pursuing the $388 million Nissens acquisition, which is pending regulatory approval.
Q2 2024 net sales $389.8 million vs. $353.1 million in Q2 2023; Temperature Control sales up 28.2%
GAAP diluted EPS from continuing operations $0.81 vs. $0.83; non-GAAP diluted EPS $0.98 vs. $0.84
Full-year 2024 sales growth now expected in low- to mid-single digits, up from prior projections; Adjusted EBITDA margin range of 9.0-9.5% unchanged
Quarterly dividend of 29 cents per share payable September 3, 2024; pending Nissens acquisition for approximately $388 million (€360 million)
SPS Commerce acquired SupplyPike, a provider of automated invoice deduction management software, in a deal the 8-K puts at approximately $206 million in cash and shares. The company issued 404,587 common shares to SupplyPike's investors and agreed to lock-up terms that restrict their sales. The company expects the deal to add revenue but to reduce Adjusted EBITDA in fiscal 2024, with breakeven expected in fiscal 2025.
Total consideration of approximately $206 million, including about $119 million in cash and $87 million in SPS Commerce stock per the press release
404,587 shares of common stock issued to SupplyPike investors; 50% locked up 30 days after closing and 50% locked up 90 days after closing
Company expects about $3.0 million of added revenue in Q3 2024 and about $8.0 million for fiscal 2024, with Adjusted EBITDA reduced by about $750,000 in Q3 and $1.5 million for fiscal 2024
Company expects about $25.0 million of added revenue in fiscal 2025 and Adjusted EBITDA breakeven; more detail, including amortization, is due with Q3 results in October 2024
Grainger reported second-quarter 2024 net sales of $4.3 billion, up 3.1%, and reported diluted EPS of $9.51, up 2.5%. The company narrowed its 2024 outlook, lowering the top of its net sales range to $17.0 to $17.3 billion from $17.2 to $17.7 billion and the top of its adjusted diluted EPS range to $39.50 from $40.50.
Q2 2024 reported operating margin was 15.1%, down 70 basis points; adjusted diluted EPS was $9.76, up 5.2%.
Updated 2024 adjusted diluted EPS guidance is $38.00 to $39.50, versus the prior $38.00 to $40.50.
Updated 2024 net sales guidance is $17.0 to $17.3 billion, versus the prior $17.2 to $17.7 billion.
Q2 operating cash flow was $411 million; the company returned $345 million to shareholders through dividends and share repurchases.
Insperity reported second-quarter 2024 revenue up 1% to $1.6 billion and net income of $18 million, up from $12 million a year earlier, and issued updated 2024 guidance. The outlook calls for full-year adjusted EPS of $3.33 to $3.88 (down 30% to 40% year over year) and Q3 adjusted EPS of $0.21 to $0.45 (down 69% to 86%), so quarterly gains are offset by a much weaker expected earnings trend for the rest of the year.
Q2 2024 gross profit rose 16% to $260 million; net income was $18 million versus $12 million, and diluted EPS was $0.48 versus $0.33
Average paid worksite employees fell 1% to 306,958 in Q2 2024, with client retention at 99%
Full-year 2024 guidance: adjusted EPS of $3.33 to $3.88 and adjusted EBITDA of $261 million to $290 million
Year-to-date net income fell 9% to $97 million; the company cited a $19 million Workday partnership cost in operating expenses
APi Group reported second-quarter 2024 net revenues of $1.7 billion, down 2.3% from a year earlier, with organic revenue down 3.1%. Net income rose 43.8% to $69 million and diluted EPS was $0.22, up from $0.12, as gross margin increased 340 basis points. The company reaffirmed its full-year net revenue guidance of $7.15 billion to $7.35 billion, narrowed its full-year adjusted EBITDA range to $885 million to $915 million, and issued third-quarter guidance for net revenues of $1.86 billion to $1.91 billion.
Q2 net revenues $1.73 billion, down 2.3%; organic decline of 3.1%, driven by Specialty Services down 18.4%
Q2 net income $69 million (up 43.8%); diluted EPS $0.22 vs. $0.12; adjusted diluted EPS $0.49 vs. $0.41
Q2 adjusted EBITDA $231 million, up 13.8%; adjusted EBITDA margin 13.4%, up 190 basis points
Full-year 2024 adjusted EBITDA narrowed to $885 million to $915 million; Q3 adjusted EBITDA guided to $240 million to $250 million
Intercontinental Exchange reported second quarter 2024 results, with revenues less transaction-based expenses of $2.3 billion, up 23% from a year earlier, and record operating income of $1.1 billion. GAAP diluted EPS fell to $1.10 from $1.42, while adjusted diluted EPS rose 6% to $1.52, so GAAP profit declined even as revenue grew. The company also updated its full-year and third-quarter 2024 expense guidance.
Second quarter net income attributable to ICE was $632 million, versus $799 million a year earlier.
Adjusted diluted EPS was $1.52, up 6% from $1.43; GAAP diluted EPS was $1.10, down 23%.
Updated 2024 guidance: full-year GAAP operating expenses of $4.90 billion to $4.93 billion; third-quarter GAAP operating expenses of $1.22 billion to $1.23 billion.
Operating cash flow through the second quarter was $2.2 billion; the third-quarter earnings call is scheduled for October 31, 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.