AI filing briefs · archive

8-K filings in October 2024, explained

590 material Form 8-K filings that 521 companies we cover made with the SEC in October 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).

Clear

5 of 590 briefs match

newest first · times in ET
WDFCWD 40 CO Oct 17, 4:10 PM ET

WD-40 Q4 sales rise 11% to $156.0 million; FY2025 EPS guidance $5.20 to $5.45

Positive earnings Written later 2.02

WD-40 reported fourth-quarter fiscal 2024 net sales of $156.0 million, up 11%, and diluted EPS of $1.23 versus $1.21 a year earlier. It also issued fiscal 2025 guidance on a pro forma basis that excludes homecare and cleaning brands it expects to divest, and said it expects that divestiture to close in the first half of fiscal 2025.

  • Q4 net sales $156.0 million, up 11%; net income $16.8 million, up 1%; diluted EPS $1.23 vs. $1.21
  • Fiscal 2024 net sales $590.6 million, up 10%; net income $69.6 million; diluted EPS $5.11 vs. $4.83
  • FY2025 guidance: net sales $600 million to $630 million on a constant currency basis; operating income $95 million to $100 million; diluted EPS $5.20 to $5.45
  • Board declared a $0.88 per share quarterly dividend payable October 31, 2024 to holders of record on October 18, 2024
Read the filing on SEC.gov ↗
KEYKEYCORP /NEW/ Oct 17, 6:43 AM ET

KeyCorp posts Q3 net loss of $447 million on $737 million securities sale charge

Mixed earnings Written later 2.02

KeyCorp reported a third-quarter 2024 net loss from continuing operations attributable to common shareholders of $447 million, or $0.47 per diluted share, after $737 million in after-tax charges tied to a securities portfolio repositioning. Excluding those charges, adjusted net income was $290 million, or $0.30 per diluted share, up from $237 million, or $0.25, in the second quarter, though total revenue fell to $695 million from $1.5 billion. The company received an initial $821 million tranche of its Scotiabank strategic investment, and expects the final tranche in the first quarter of 2025, subject to Federal Reserve approval.

  • Net loss of $447 million, or $0.47 per diluted share, versus net income of $266 million in the third quarter of 2023
  • Adjusted net income of $290 million, or $0.30 per diluted share, excluding $737 million in after-tax charges
  • Net interest income rose 7% quarter-over-quarter to $964 million; total revenue (TE) was $695 million versus $1,526 million in the second quarter
  • Received initial $821 million Scotiabank investment tranche; Common Equity Tier 1 ratio was 10.8%
Read the filing on SEC.gov ↗

Marsh McLennan Q3 revenue rises 6% to $5.7 billion; GAAP EPS up 3% to $1.51

Positive earnings Written later 2.02

Marsh McLennan reported third-quarter 2024 results with revenue of $5.7 billion, up 6%, and GAAP diluted EPS of $1.51, up 3%, with adjusted EPS of $1.63, up 4%. The company also disclosed a September 29, 2024 agreement to acquire McGriff Insurance Services for $7.75 billion in cash, targeted to close by year-end, subject to regulatory clearance.

  • Q3 2024 GAAP revenue $5.7 billion, up 6%; underlying revenue up 5%
  • Q3 GAAP net income attributable to the Company $747 million; GAAP diluted EPS $1.51, up 3%
  • Nine-month GAAP diluted EPS $6.59, up 10%; adjusted EPS $6.93, up 10%
  • McGriff acquisition: $7.75 billion cash consideration, targeted to close by year-end 2024
Read the filing on SEC.gov ↗
ELVElevance Health, Inc. Oct 17, 6:02 AM ET

Elevance Health Q3 GAAP EPS falls 20% to $4.36; revenue rises 5.3%

Mixed earnings Written later 2.02

Elevance Health reported third quarter 2024 operating revenue of $44.7 billion, up 5.3% from a year earlier, but GAAP diluted EPS fell 20.0% to $4.36 and the operating gain fell 19.8% to $1.4 billion. The company cited a timing mismatch between Medicaid rates and the higher acuity of its members, which pushed the benefit expense ratio up 270 basis points to 89.5%. It now expects 2024 GAAP EPS of approximately $26.50 and adjusted EPS of approximately $33.00, and on October 15, 2024 it authorized an $8.0 billion increase to its share repurchase program.

  • Q3 2024 operating revenue $44.7 billion, up $2.2 billion from the prior year quarter, driven by higher premium yields and CarelonRx product revenue
  • Q3 2024 GAAP diluted EPS $4.36 versus $5.45 a year earlier; adjusted diluted EPS $8.37 versus $8.99
  • Medical membership fell 3.3% year over year to 45,760 thousand, with Medicaid down 19.0% to 8,926 thousand
  • Board authorized an $8.0 billion increase to the share repurchase program on October 15, 2024; quarterly dividend of $1.63 per share declared
Read the filing on SEC.gov ↗

Texas Capital Bancshares posts $65.6 million Q3 loss on $179.6 million securities sale

Negative earnings Written later 2.02

Texas Capital Bancshares reported a net loss available to common stockholders of $65.6 million, or $1.41 per diluted share, for the quarter ended September 30, 2024, compared with net income of $37.4 million, or $0.80 per diluted share, in the second quarter. The loss was driven mainly by a $179.6 million loss on the sale of available-for-sale debt securities, which matters to shareholders because it erased the prior quarter's profit and reduced stockholders' equity.

  • Net loss available to common stockholders of $65.6 million, or $1.41 per diluted share, versus net income of $37.4 million, or $0.80, in Q2 2024
  • $179.6 million loss on sale of available-for-sale debt securities ($2.92 per diluted share) and $5.9 million in restructuring expense
  • Net interest income rose to $240.1 million from $216.6 million in Q2 2024; net interest margin was 3.16%
  • Book value per share was $66.09 at September 30, 2024, up 14% year over year
Read the filing on SEC.gov ↗

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.