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).
Getty Realty reported third-quarter 2024 results for the quarter ended September 30, 2024. Total revenues rose to $51.5 million from $50.5 million, while net earnings fell to $15.3 million, or $0.27 per diluted share, from $16.0 million, or $0.31 a year earlier. The company raised its 2024 AFFO guidance to $2.32 to $2.33 per diluted share from $2.30 to $2.32, citing year-to-date investment and capital markets activity.
Q3 net earnings were $15.3 million, or $0.27 per diluted share, versus $16.0 million, or $0.31, in Q3 2023.
Q3 AFFO was $33.2 million, or $0.59 per diluted share, versus $0.57 in Q3 2023.
2024 AFFO guidance raised to $2.32 to $2.33 per diluted share from $2.30 to $2.32.
Agreed to issue $125.0 million of senior unsecured notes in a private placement, expected to close in the quarter ending December 31, 2024.
Morningstar reported third-quarter 2024 revenue of $569.4 million, up 10.5% from a year earlier, and diluted net income per share of $2.77, up 204.4%. The EPS figure includes a $1.05 per-share gain from the sale of its Commodity and Energy Data business; adjusted diluted EPS was $2.00, up 56.3%. The company also said CFO Jason Dubinsky will step down effective December 31, 2024, and then serve as a consultant through June 30, 2025.
Revenue rose 10.5% to $569.4 million; organic revenue grew 10.1%.
Operating income rose 65.0% to $115.5 million; adjusted operating income rose 41.6% to $130.3 million.
Diluted EPS was $2.77 including a $45.3 million gain on the business sale; adjusted diluted EPS was $2.00.
Jason Dubinsky will leave the CFO role effective December 31, 2024, and consult through June 30, 2025.
Textron announced that Chief Financial Officer Frank Connor will retire effective February 28, 2025. David Rosenberg, the company's Vice President of Investor Relations, will succeed him as Executive Vice President and Chief Financial Officer effective March 1, 2025, with an annual base salary of $850,000 and a target incentive of 100% of salary. For shareholders, this is a planned transition of the top finance role, with the new CFO previously serving as CFO of Textron Aviation from 2018 to 2023 per the filing.
Frank T. Connor, Executive Vice President and CFO, retires effective February 28, 2025
David Rosenberg, currently Vice President of Investor Relations, becomes EVP and CFO effective March 1, 2025
Rosenberg's compensation: $850,000 annual base salary, 100% target annual incentive, 250% target long-term incentive award
Scott Hegstrom, VP Strategy and Mergers & Acquisitions, becomes VP Investor Relations effective March 1, 2025
Wyndham Hotels & Resorts reported third-quarter 2024 results on October 23, 2024. Diluted EPS rose 7% to $1.29, and the company raised its full-year 2024 adjusted diluted EPS outlook to $4.22-$4.34 from $4.20-$4.32, while net income and fee-related revenues both fell slightly from the prior-year quarter.
Diluted EPS was $1.29 versus $1.21 a year earlier; net income was $102 million versus $103 million.
Fee-related and other revenues were $394 million versus $400 million, which included $18 million of pass-through revenue in the 2023 quarter.
Full-year 2024 adjusted diluted EPS outlook raised to $4.22-$4.34 from $4.20-$4.32; other outlook items unchanged.
Company returned $126 million to shareholders in the quarter, including $97 million of share repurchases.
Veralto reported third-quarter 2024 sales of $1,314 million, up 4.7% from a year earlier, and GAAP diluted earnings per share of $0.88 versus $0.83 in the prior-year quarter. The company raised its full-year 2024 adjusted diluted EPS guidance to $3.44-$3.48 from $3.37-$3.45, which signals higher expected profit for shareholders.
Q3 2024 sales rose 4.7% to $1,314 million, with non-GAAP core sales growth of 4.6%.
GAAP net earnings were $219 million, or $0.88 per diluted share, up from $205 million, or $0.83, a year earlier.
Full-year 2024 adjusted diluted EPS guidance was raised to $3.44-$3.48 from $3.37-$3.45; free cash flow conversion guidance of 100%-110% was maintained.
Q4 2024 adjusted diluted EPS is expected in a range of $0.86-$0.90, with adjusted operating profit margin of approximately 24.0%.
Impinj reported third-quarter 2024 revenue of $95.2 million, up from $65.0 million a year earlier, and GAAP net income of $0.2 million, compared with a GAAP net loss of $15.8 million in the prior-year quarter. The company said results were well above its guidance, and it issued fourth-quarter revenue guidance of $91.0 million to $94.0 million with a GAAP net loss expected between $3.8 million and $2.3 million.
Q3 2024 revenue was $95.2 million, versus $65.0 million in Q3 2023.
GAAP net income was $0.2 million, or $0.01 per diluted share, versus a GAAP loss of $0.59 per share a year earlier.
Q4 2024 guidance: revenue of $91.0 million to $94.0 million; GAAP net loss per share of $0.14 to $0.08 (basic and diluted).
Adjusted EBITDA was $17.3 million, versus $257,000 in the prior-year quarter.
Century Communities reported third quarter 2024 results for the period ended September 30, 2024, with home sales revenues of $1.1 billion, up 29% from a year earlier, and net income of $83.0 million, or $2.59 per diluted share, roughly flat with the prior year. The company raised its full-year 2024 guidance for home deliveries and home sales revenues, but its homebuilding debt to capital ratio rose to 35.8% from 31.1% at June 30, 2024.
Home sales revenues of $1.1 billion rose 29% year over year, and deliveries of 2,834 homes rose 25%.
Net income was $83.0 million, or $2.59 per diluted share, compared with $83.2 million, or $2.58 per diluted share, a year earlier.
Full-year 2024 guidance raised to 10,900 to 11,300 home deliveries and $4.3 to $4.4 billion in home sales revenues.
Homebuilding debt to capital was 35.8% at September 30, 2024, up from 31.1% at June 30, 2024.
St. Joe reported third-quarter 2024 total revenue of $99.0 million, down 2% from $101.4 million, and net income attributable to the company of $16.8 million, down 13% from $19.4 million. Real estate revenue fell 32%, while hospitality and leasing revenue rose 17% and 19%. Chairman Bruce R. Berkowitz retired from the board effective October 23, 2024, and CEO Jorge L. Gonzalez became chairman.
Q3 2024 total revenue was $99.0 million versus $101.4 million; net income was $16.8 million, or $0.29 per share, versus $19.4 million, or $0.33 per share.
Real estate revenue fell 32% to $28.0 million, while hospitality revenue rose 17% to $55.4 million and leasing revenue rose 19% to $15.6 million.
Bruce R. Berkowitz retired as chairman effective October 23, 2024; Jorge L. Gonzalez was named chairman and Howard S. Frank was named Independent Lead Director.
The board declared a quarterly cash dividend of $0.14 per share, payable December 6, 2024, to shareholders of record on November 7, 2024.
ServiceNow reported third-quarter 2024 total revenues of $2,797 million, up 22% year over year, and GAAP net income of $432 million, or $2.07 per diluted share, compared with $242 million, or $1.17, a year earlier. The company raised its full-year 2024 GAAP subscription revenue guidance to $10,655 million to $10,660 million and named Amit Zavery president, chief product officer and chief operating officer, effective October 28, 2024.
Q3 2024 total revenues of $2,797 million, up 22% year over year; subscription revenues of $2,715 million, up 23%
GAAP net income of $432 million, or $2.07 per diluted share, versus $242 million, or $1.17, in Q3 2023
Full-year 2024 GAAP subscription revenue guidance raised to $10,655 million to $10,660 million
Amit Zavery appointed president, chief product officer and chief operating officer, effective October 28, 2024
SEI reported third-quarter 2024 revenue of $537.4 million, up 13% from a year earlier, and diluted earnings per share of $1.19, up from $0.87. Results included a one-time $8.2 million gain on a New York property sale and an approximately $5.3 million LSV performance fee. On October 22, 2024, the board raised the stock repurchase authorization by $400 million to approximately $429 million, which includes $29 million remaining under the prior authorization.
Revenue of $537.4 million, up 13% from $476.8 million; operating margin of 26.8% versus 22.8%.
Diluted EPS of $1.19 versus $0.87; the $8.2 million property gain added $0.05 per share.
Net sales events of $46.4 million, the highest level for any single quarter in company history.
Board approved an additional $400 million repurchase authority on October 22, 2024; SEI bought back 1.3 million shares for $85.8 million in the quarter.
Goosehead Insurance reported third-quarter 2024 total revenue of $78.0 million, up 10%, and net income of $12.6 million, up from $11.3 million a year earlier. The company raised its full-year 2024 guidance for total revenue and written premium, which points to expected growth for shareholders.
Total revenue rose 10% to $78.0 million; Core Revenue rose 16% to $73.5 million for the quarter ended September 30, 2024.
Net income was $12.6 million versus $11.3 million a year earlier; basic EPS was $0.31 versus $0.29.
Total written premium rose 28% to $1.03 billion, and Adjusted EBITDA rose to $26.1 million from $22.4 million.
For full-year 2024, total revenues are expected between $295 million and $310 million, and written premiums between $3.70 billion and $3.82 billion.
Rollins reported unaudited third-quarter 2024 results, with revenue of $916 million, up 9.0%, and GAAP EPS of $0.28 compared with $0.26 a year earlier. Operating margin fell 20 basis points to 20.9%, which the company attributed to growth investments that offset gross margin gains. The company also said Gary W. Rollins will move to Executive Chairman Emeritus and John F. Wilson will become Executive Chairman, effective January 1, 2025.
Revenue was $916 million, up 9.0%; organic revenue rose 7.7%.
GAAP EPS was $0.28 per diluted share vs $0.26; net income was $137 million, up 7.1%.
Operating margin was 20.9%, down 20 basis points; adjusted EPS was $0.29, up 3.6%.
Effective January 1, 2025, John F. Wilson becomes Executive Chairman; Gary W. Rollins becomes Executive Chairman Emeritus.
Align Technology reported third-quarter 2024 revenue of $977.9 million, up 1.8% year-over-year but down 4.9% from the second quarter, and GAAP diluted EPS of $1.55 versus $1.58 a year earlier. The company also announced a restructuring plan with about $30 million in Q4 severance charges and expects to repurchase up to $275.0 million of stock beginning in Q4 2024, while guiding Q4 revenue to $995 million to $1,015 million.
Q3 2024 revenue $977.9 million, up 1.8% year-over-year; Clear Aligner revenue down 1.0% year-over-year; Imaging Systems and CAD/CAM Services up 15.6%
GAAP diluted EPS $1.55 vs $1.58 in Q3 2023; non-GAAP diluted EPS $2.35 vs $2.14
Restructuring charges of about $30 million expected in Q4 2024, roughly 3 points of operating margin; Raj Pudipeddi to leave in Q4 2024
Q4 2024 revenue outlook $995 million to $1,015 million; GAAP operating margin expected slightly lower than 14.0%
MaxLinear reported third-quarter 2024 net revenue of $81.1 million, down 12% from the prior quarter and down 40% from a year earlier, and a GAAP net loss of $75.8 million, or $0.90 per diluted share. The company also gave fourth-quarter 2024 net revenue guidance of approximately $80 million to $100 million, and the weaker revenue and larger loss matter to shareholders.
Q3 2024 GAAP net loss was $75.8 million, or $0.90 per diluted share, compared with $0.47 in the prior quarter and $0.49 a year earlier
Non-GAAP diluted loss per share was $0.36, compared with a loss of $0.25 in the prior quarter
Q4 2024 net revenue is expected to be approximately $80 million to $100 million, with GAAP gross margin of about 54.0% to 57.0%
GAAP restructuring charges were $26.8 million in Q3 2024, versus $865,000 in the prior quarter
First Bancorp reported third-quarter 2024 net income of $18.7 million, or $0.45 per diluted share, down from $28.7 million, or $0.70, in the prior quarter and $29.9 million, or $0.73, a year earlier. The results include $13.4 million in pre-tax Hurricane Helene impacts, mainly a $13.0 million provision for potential credit losses, and excluding these items adjusted net income was $29.0 million, or $0.70 per share. For shareholders, the reported decline reflects the storm-related provision, while capital ratios rose during the quarter.
Q3 2024 net income $18.7 million, $0.45 per diluted share, versus $28.7 million ($0.70) in Q2 2024 and $29.9 million ($0.73) in Q3 2023
Hurricane Helene impacts totaled $13.4 million pre-tax ($10.3 million after taxes); provision for credit losses was $14.2 million
Adjusted net income was $29.0 million, or $0.70 per diluted share, for Q3 2024; nine-month net income was $72.7 million, or $1.76 per share, versus $74.5 million, or $1.81, a year earlier
Total common equity tier 1 ratio rose to 14.34% (estimated) at September 30, 2024, from 13.99% at June 30, 2024
AMERISAFE reported third-quarter 2024 net income of $14.3 million, or $0.75 per diluted share, up from $9.961 million, or $0.52, a year earlier. Operating earnings per share fell to $0.58 from $0.61, and the company also declared a $3.00 per share special dividend plus a $0.37 regular dividend, both payable December 13, 2024. The special dividend returns excess capital directly to shareholders.
Q3 2024 net income was $14.3 million, up 43.8%; diluted EPS was $0.75 versus $0.52.
Operating EPS was $0.58, down 4.9% from $0.61 in Q3 2023.
Net premiums earned rose 0.6% to $67.1 million; net combined ratio was 90.9% versus 90.6%.
Special dividend of $3.00 per share and regular dividend of $0.37 per share are payable December 13, 2024, to holders of record December 6, 2024.
PROG Holdings reported third-quarter 2024 revenue of $606.1 million, up 4.0% from a year earlier, and net earnings of $84.0 million versus $35.0 million, though the gain was driven mainly by a $53.6 million non-cash tax benefit. Adjusted EBITDA fell to $63.5 million from $71.7 million, and non-GAAP diluted EPS fell to $0.77 from $0.90. The company raised its full-year 2024 revenue and net earnings outlook.
Q3 2024 revenue $606.1 million (up 4.0%); GAAP diluted EPS $1.94 vs. $0.76; non-GAAP diluted EPS $0.77 vs. $0.90
Net earnings included a $53.6 million non-cash, net tax benefit from reversing an uncertain tax position
Full-year 2024 revenue outlook raised to $2.44 billion-$2.46 billion from $2.40 billion-$2.45 billion; net earnings outlook raised to $165.5 million-$170.5 million from $110.5 million-$116.0 million
Winnebago Industries reported fourth-quarter and full-year fiscal 2024 results on October 23, 2024. Fourth-quarter revenue fell 6.5% to $720.9 million and the company posted a net loss of $29.1 million, which included a $30.3 million goodwill impairment tied to Chris-Craft. The company also issued fiscal 2025 guidance of $2.9 billion to $3.2 billion in revenue and reported EPS of $2.40 to $3.90, which shareholders will weigh against the weaker fiscal 2024 results.
Q4 fiscal 2024 net loss of $29.1 million, or $1.01 per diluted share, compared with net income of $43.8 million, or $1.28 per diluted share, a year earlier
Full-year fiscal 2024 revenue of $2,973.5 million, down 14.8%, and reported diluted EPS of $0.44 versus $6.23 in fiscal 2023
Fiscal 2025 guidance: revenue of $2.9 billion to $3.2 billion, reported EPS of $2.40 to $3.90, and adjusted EPS of $3.00 to $4.50
Chris West named President of the Winnebago branded Motorhome and Specialty Vehicles business; Don Clark promoted to Group President
Roper Technologies reported third-quarter 2024 revenue of $1.76 billion, up 13%, with organic revenue up 4% and acquisitions contributing 9 percentage points. Adjusted DEPS rose 7% to $4.62, and the company raised the low end of its full-year 2024 adjusted DEPS guidance to $18.21-$18.25. Shareholders saw higher revenue and earnings, with growth partly driven by the Transact Campus acquisition completed in the quarter.
Q3 2024 GAAP DEPS of $3.40, up 6%; adjusted DEPS of $4.62, up 7% from $4.32
Full-year 2024 adjusted DEPS guidance of $18.21-$18.25, versus previous $18.10-$18.25
Fourth-quarter 2024 adjusted DEPS expected at $4.70-$4.74
Revenue growth of 13% included 4% organic growth and 9% from acquisitions
Lennox reported third-quarter 2024 revenue of $1.5 billion, up 10%, and diluted EPS of $6.68 versus $3.65 a year earlier. The company raised its full-year 2024 EPS and free cash flow guidance, and said Chief Legal Officer John Torres will retire and be succeeded by Monica Brown on January 1, 2025.
Q3 net sales were $1.5 billion, up 10% (core revenue up 15%); operating income was $303.3 million versus $186.8 million a year earlier.
Diluted EPS was $6.68 versus $3.65; adjusted diluted EPS was $6.68 versus $5.37.
2024 EPS guidance raised to $20.75 to $21.00 from $19.50 to $20.25; free cash flow guidance raised to $575 million to $650 million from $500 million to $600 million.
John Torres retires as Chief Legal Officer effective December 31, 2024 and as an employee effective February 28, 2025; Monica Brown becomes CLO on January 1, 2025.
Blackstone Mortgage Trust reported a third-quarter 2024 net loss attributable to the company of $56 million, compared with net income of $30 million in the same quarter of 2023. The loss reflects a $132 million increase in credit loss reserves, while Distributable EPS fell to $0.39 from $0.49 in the prior quarter. For shareholders, the results show weaker earnings, though management cited accelerating loan repayments and $1.5 billion of quarter-end liquidity.
Q3 2024 GAAP net loss attributable to the company was $56 million, or $0.32 per basic share, versus net income of $29.5 million a year earlier
Total net revenues were $112 million for Q3 2024, down from $170 million in Q3 2023
Book value per share was $22.17 at September 30, 2024, down from $22.90 at June 30, 2024
Dividends paid were $0.47 per share for the quarter
Wabtec reported third quarter 2024 results on October 23, 2024, with sales up 4.4% to $2.66 billion and GAAP diluted EPS of $1.63, up 22.6%. The company raised and tightened its 2024 adjusted diluted EPS guidance to $7.45 to $7.65, while its revenue guidance of $10.25 billion to $10.55 billion was unchanged. For shareholders, the filing shows higher earnings and a higher profit outlook for the year.
Q3 2024 adjusted diluted EPS was $2.00, up 17.6% from $1.70 a year earlier
Q3 2024 sales were $2.66 billion, up 4.4%; GAAP operating margin rose to 16.3% from 14.5%
2024 adjusted diluted EPS guidance raised and tightened to $7.45 to $7.65; revenue guidance unchanged at $10.25 billion to $10.55 billion
Company repurchased $599 million of shares and paid $35 million in dividends in the quarter
TransUnion reported third quarter 2024 revenue of $1.085 billion, up 12 percent from a year earlier, and net income attributable to TransUnion of $68 million, compared with a loss of $319 million in the prior-year quarter that included a $414 million goodwill impairment. The company said it exceeded its third quarter guidance for revenue and earnings and raised its full-year 2024 revenue growth outlook to 9 percent.
Q3 diluted earnings per share were $0.35, compared with a loss of $1.65 in Q3 2023; adjusted diluted EPS was $1.04, compared with $0.91.
Adjusted EBITDA was $394 million, up 11 percent, with a margin of 36.3 percent versus 36.8 percent a year earlier.
Full-year 2024 revenue guidance is now $4,161 million to $4,181 million, implying 9 percent growth.
The company voluntarily prepaid $25 million of debt in Q3, bringing 2024 prepayments to $105 million; Q3 restructuring expense was $40.5 million.
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.