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).
Minerals Technologies reported third-quarter 2024 diluted EPS of $1.45, compared with a loss of $0.59 a year earlier, on net sales of $525 million, down 4% as reported. Excluding special items, EPS was $1.51, a third-quarter record for the company. Shareholders also get a new $200 million share repurchase program and a 10% dividend increase, while sales declined.
Diluted EPS of $1.45 versus a loss of $0.59 in Q3 2023; $1.51 excluding special items, a third-quarter record
Net sales of $525 million, down 4% as reported and 2% on an underlying basis; reported operating income of $77 million versus a loss of $7.9 million a year earlier
New $200 million share repurchase program announced; previous $75 million program completed
Quarterly dividend raised 10% to $0.11 per share, payable December 5, 2024, to holders of record on October 31, 2024
Seacoast Banking reported third-quarter 2024 net income of $30.7 million, or $0.36 per diluted share, roughly flat from the prior quarter and down from $0.37 a year earlier. Net revenues rose 3% from the prior quarter but fell 5% from a year earlier. The company also disclosed an approximately $8.0 million pre-tax loss from an October securities sale and a possible fourth-quarter provision of $5 million to $10 million tied to Hurricane Milton, both of which could weigh on near-term earnings.
Net income $30.7 million, or $0.36 per diluted share, versus $30.2 million ($0.36) in Q2 2024 and $31.4 million ($0.37) in Q3 2023
Net revenues $130.3 million, up 3% from Q2 2024 and down 5% from Q3 2023
October sale of securities with a pre-tax loss of approximately $8.0 million, impacting fourth-quarter results; proceeds of approximately $113 million reinvested at a 5.4% average book yield
Additional fourth-quarter provision for credit losses for Hurricane Milton may be between approximately $5 million and $10 million
Glacier Bancorp reported third-quarter 2024 net income of $51.1 million, up 14% from the prior quarter but down 3% from a year earlier, with diluted EPS of $0.45. Net income for the first nine months fell 24% to $128 million, which the company attributed mainly to higher funding costs and costs tied to its Wheatland and Rocky Mountain Bank acquisitions. The board declared a quarterly dividend of $0.33 per share.
Q3 diluted EPS was $0.45, up from $0.39 in Q2 but down from $0.47 a year earlier.
Net interest margin was 2.83%, up 15 basis points from 2.68% in Q2.
Nine-month net income was $128 million, down 24% from $169 million; dividends declared were $0.99 per share year to date.
Eastern Bankshares reported a third-quarter 2024 net loss of $6.2 million, compared with net income of $26.3 million in the second quarter, after a $40.9 million initial provision on non-PCD loans acquired from Cambridge and $30.5 million of merger-related charges. Operating net income rose to $49.7 million, or $0.25 per diluted share, from $0.22, and the Board raised the quarterly cash dividend 9% to $0.12 per share, which matters to shareholders because it reflects both the GAAP loss and the higher core earnings and payout.
Net loss of $6.2 million, or $0.03 per diluted share, versus net income of $26.3 million, or $0.16 per diluted share, in the prior quarter.
Operating net income of $49.7 million, or $0.25 per diluted share, versus $36.5 million, or $0.22, in the prior quarter.
Total revenue of $203.4 million versus $154.0 million, following the Cambridge Bancorp merger completed July 12, 2024.
Quarterly cash dividend of $0.12 per share, up $0.01, payable December 16, 2024 to shareholders of record on December 3, 2024.
Cousins Properties reported third quarter 2024 results. Funds from operations (FFO) rose to $102.3 million, or $0.67 per share, from $99.0 million, or $0.65, a year earlier, and the company raised its full-year 2024 FFO guidance. GAAP net income available to common stockholders fell to $11.2 million, or $0.07 per share, from $19.4 million, or $0.13, mainly because of higher depreciation expense, and the company lowered its full-year net income guidance.
Q3 2024 FFO was $102.3 million, or $0.67 per share, versus $99.0 million, or $0.65, in Q3 2023.
Q3 2024 net income available to common stockholders was $11.2 million, or $0.07 per share, versus $19.4 million, or $0.13, in Q3 2023.
Full-year 2024 FFO guidance was raised to $2.66 to $2.70 per share from $2.63 to $2.68.
Full-year 2024 net income guidance was lowered to $0.26 to $0.30 per share from $0.31 to $0.36.
Principal Financial Group reported a third quarter 2024 net loss attributable to the company of $220 million, or $0.95 per diluted share, driven by a loss from exited business. Non-GAAP operating earnings were $412 million, or $1.76 per diluted share, down 2% from a year earlier, while the company returned $416 million to shareholders and raised its fourth quarter 2024 dividend to $0.73 per share.
Net loss attributable to PFG of $220 million, or $0.95 per diluted share, versus net income of $1,246.2 million in 3Q23
Non-GAAP operating earnings of $412 million, or $1.76 per diluted share, versus $419.7 million in 3Q23; excluding significant variances, $480 million, or $2.05 per diluted share
Returned $416 million to shareholders, including $251 million of share repurchases; quarterly dividend raised to $0.73 per share, payable December 18, 2024
Excess and available capital of $1.6 billion; assets under management of $741 billion
First Financial Bancorp reported third quarter 2024 net income of $52.5 million, or $0.55 per diluted share, down from $60.8 million, or $0.64, in the second quarter. The decline reflects a $17.5 million net loss on investment securities, which the company describes as a large non-recurring item; on an adjusted basis, diluted EPS was $0.67. The board approved a quarterly dividend of $0.24 per share, up from $0.23 in the prior quarter.
Q3 2024 net income $52.5 million, or $0.55 diluted EPS, vs. $60.8 million, or $0.64, in Q2 2024
Net loss on investment securities of $17.5 million in Q3, including a $9.7 million impairment on two bonds
Adjusted diluted EPS of $0.67 (non-GAAP); net interest margin of 4.05%, or 4.08% fully tax-equivalent
Quarterly dividend of $0.24 per share, payable December 16, 2024 to holders of record as of December 2, 2024
Associated Banc-Corp reported third-quarter 2024 net income available to common equity of $85 million, or $0.56 per diluted share, down from $113 million and $0.74 in the second quarter but up from $80 million and $0.53 a year earlier. The second-quarter figure included a one-time $33 million tax benefit, and the company now expects 2024 net interest income growth of 0% to 1%, with period-end loan growth at the lower end of its 4% to 6% range.
Net income available to common equity of $85 million and diluted EPS of $0.56, versus $113 million and $0.74 in Q2 2024 and $80 million and $0.53 in Q3 2023
Q2 2024 included a one-time $33 million tax benefit; Q3 2024 tax expense was $20 million
Net interest income of $263 million, up $6 million from Q2 2024; net interest margin of 2.78%
Expects 2024 total net interest income growth of 0% to 1% and period-end loan growth at the lower end of 4% to 6%
WSFS Financial reported third-quarter 2024 diluted EPS of $1.08, down from $1.16 in the prior quarter and $1.22 a year earlier, while total net revenue rose to $267.7 million. Net income fell to $64.4 million as noninterest expense increased to $163.7 million, and nonperforming assets rose to $91.3 million. The company repurchased $13.8 million of its stock during the quarter and the board approved a $0.15 quarterly dividend.
Net income attributable to WSFS was $64.4 million, versus $69.3 million in 2Q 2024 and $74.2 million in 3Q 2023.
Total net revenue was $267.7 million, up from $266.0 million in 2Q 2024 and $255.3 million in 3Q 2023.
Noninterest expense rose to $163.7 million from $155.8 million in 2Q 2024.
Board approved a quarterly cash dividend of $0.15 per share, payable November 22, 2024 to holders of record as of November 8, 2024.
Knowles reported third-quarter 2024 revenue from continuing operations of $142.5 million, up 32% from $108.1 million a year earlier, driven by the Cornell acquisition and 4% organic growth. Non-GAAP diluted EPS rose to $0.26 from $0.20, but GAAP diluted EPS from continuing operations fell to $0.10 from $0.17, and the company also signed an agreement to sell its Consumer MEMS Microphones business, expected to close late in the fourth quarter.
Q3 2024 revenue from continuing operations: $142.5 million, up from $135.2 million in Q2 2024 and $108.1 million in Q3 2023
GAAP diluted EPS from continuing operations: $0.10, versus $0.17 a year earlier; non-GAAP diluted EPS: $0.26, versus $0.20
Q4 2024 guidance: revenue of $141 million to $151 million and non-GAAP diluted EPS of $0.26 to $0.30
Consumer MEMS Microphones sale agreement signed September 18, 2024; closing expected late in Q4 2024
Old Republic International reported third-quarter 2024 net income of $338.9 million, up from $52.6 million a year earlier, largely due to investment gains. Excluding investment gains and losses, net income fell 8.7% to $182.7 million, and the combined ratio rose to 95.0% from 91.9%, so shareholders see higher reported profit but weaker underlying operating results.
Diluted net income per share was $1.32, versus $0.19 in the third quarter of 2023.
Diluted net income excluding investment gains and losses was $0.71, versus $0.72 a year earlier.
Total operating revenues rose 10.1% to $2,144.0 million, and the combined ratio was 95.0%, up from 91.9%.
Capital returned to shareholders in the quarter totaled $232 million, including $165 million in share repurchases.
Applied Industrial Technologies reported fiscal 2025 first-quarter net sales of $1.1 billion, up 0.3% year over year, and net income of $92.1 million, or $2.36 per share, down 1.0%. The company raised its fiscal 2025 EPS guidance to $9.25 to $10.00 from $9.20 to $9.95, mainly on updated interest and other income assumptions, while keeping its sales and EBITDA margin guidance unchanged.
Net sales rose 0.3% to $1.1 billion, but fell 3.0% on an organic daily basis
Net income of $92.1 million ($2.36 per share) and EBITDA of $129.0 million both declined from the prior year
Fiscal 2025 EPS guidance raised to $9.25 to $10.00; sales guidance of down 2.5% to up 2.5% maintained
Quarterly dividend of $0.37 per share declared, payable November 29, 2024 to holders of record on November 15, 2024
Sonic Automotive reported third quarter 2024 total revenues of $3.5 billion, down 4% year over year, and gross profit of $543.6 million, down 7%. Reported net income rose 8% to $74.2 million, but that figure includes a $31.0 million income tax benefit from an out-of-period adjustment, and adjusted net income fell 39% to $44.0 million. The board also approved a 17% increase in the quarterly cash dividend to $0.35 per share.
Total revenues of $3.5 billion, down 4%; gross profit of $543.6 million, down 7%
Reported net income of $74.2 million, up 8%; diluted EPS of $2.13, up 11%
Adjusted net income of $44.0 million, down 39%; adjusted diluted EPS of $1.26, down 38%
Quarterly dividend raised 17% to $0.35 per share, payable January 15, 2025 to holders of record December 13, 2024
United Bankshares reported third-quarter 2024 net income of $95.3 million, or $0.70 per diluted share, down from $96.2 million, or $0.71 per share, a year earlier. Net income for the first nine months of 2024 was $278.6 million, or $2.06 per diluted share, compared with $286.9 million, or $2.12, in the same period of 2023. Shareholders are seeing slightly lower profit year over year even as net interest income held steady, and the pending Piedmont Bancorp merger is expected to close in late 2024 or early 2025.
Q3 2024 net income $95.3 million ($0.70 diluted) vs. $96.2 million ($0.71) in Q3 2023; Q2 2024 was $96.5 million ($0.71)
Nine-month 2024 net income $278.6 million ($2.06 diluted) vs. $286.9 million ($2.12) in 2023
Q3 2024 net interest income $230.3 million, up 2% from Q2 2024 and flat from Q3 2023
Noninterest income $31.9 million in Q3 2024, down 5% from Q3 2023; merger with Piedmont expected to close late Q4 2024 or early Q1 2025
Nasdaq reported third-quarter 2024 net revenue of $1,146 million, up 22% from a year earlier, while GAAP diluted earnings per share fell 11% to $0.53 and non-GAAP diluted EPS rose 5% to $0.74. The company also updated its 2024 non-GAAP operating expense and tax rate guidance and declared a quarterly cash dividend, with $0.24 per share declared in the quarter compared with $0.22 a year earlier.
Net revenue (revenues less transaction-based expenses) was $1,146 million, up from $940 million; on a pro forma basis, growth was 10%.
GAAP diluted EPS was $0.53, down from $0.60; non-GAAP diluted EPS was $0.74, up from $0.71.
2024 non-GAAP operating expense guidance was updated to $2,150 million to $2,180 million, and non-GAAP tax rate guidance to 23.5% to 24.5%.
The company returned $138 million to shareholders through dividends and $88 million through share repurchases in the quarter, with $1.7 billion remaining under its buyback authorization.
Lear reported third quarter 2024 sales of $5.6 billion, down 3% from a year earlier, while adjusted earnings per share rose 1% to $2.89, helped by share repurchases. Core operating earnings fell to $257 million from $267 million, and free cash flow dropped to $51 million from $251 million. The company also updated its full year 2024 outlook, which now projects net sales of $22,950 million to $23,150 million.
Q3 2024 sales were $5.6 billion versus $5.8 billion in Q3 2023; net income attributable to Lear was $135.8 million, up 2%.
Adjusted EPS was $2.89 versus $2.87; reported EPS was $2.41 versus $2.25, primarily reflecting share repurchases.
Core operating earnings were $257 million versus $267 million; free cash flow was $51 million versus $251 million.
Full year 2024 outlook: net sales $22,950 million to $23,150 million; core operating earnings $1,040 million to $1,090 million; free cash flow $535 million to $585 million.
Tractor Supply reported third-quarter 2024 net sales up 1.6% to $3.47 billion, but comparable store sales fell 0.2% and diluted EPS fell 3.9% to $2.24. The company raised the lower end of its fiscal 2024 sales and earnings guidance and reached a definitive agreement to acquire online pet pharmacy Allivet.
Q3 net sales rose 1.6% to $3.47 billion; net income fell 5.3% to $241.5 million
Diluted EPS was $2.24 versus $2.33 a year earlier; SG&A rose to 27.8% of net sales from 26.7%
Fiscal 2024 EPS guidance is now $10.10 to $10.40, up from $10.00 to $10.40 at the low end; comparable store sales guidance is now 0.0% to +1.0%
Definitive agreement reached to acquire Allivet, a leading online pet pharmacy
The Simply Good Foods Company reported fourth quarter and full fiscal 2024 results on October 24, 2024, with net sales up in both periods, including the June 13, 2024 OWYN acquisition. Quarterly net income and diluted EPS fell from a year earlier, while Adjusted EBITDA rose, and the company gave a fiscal 2025 outlook that anticipates gross margin compression.
Q4 net sales of $375.7 million vs $320.4 million; net income of $29.3 million vs $36.6 million; diluted EPS of $0.29 vs $0.36
Q4 Adjusted EBITDA of $77.5 million vs $67.3 million; fiscal 2024 Adjusted EBITDA of $269.1 million vs $245.6 million
Fiscal 2025 outlook: net sales expected to rise 8.5% to 10.5% and Adjusted EBITDA 4% to 6%; gross margin compression anticipated
Q4 business transaction costs of $11.8 million related to the OWYN acquisition
Dow Inc. reported third-quarter 2024 net sales of $10.9 billion, up 1% from a year earlier, and operating EBIT of $641 million, up $15 million. GAAP earnings per share fell to $0.30 from $0.42, and operating EPS was $0.47 compared with $0.48 a year earlier. The company also announced a strategic review of select European assets, primarily in its Polyurethanes business.
Net sales were $10.9 billion, up 1% year over year, and flat sequentially.
GAAP net income was $240 million, compared with $327 million a year earlier; operating EPS was $0.47, versus $0.48 a year earlier and $0.68 in the prior quarter.
Operating EBIT was $641 million, up $15 million year over year, reduced by an unplanned cracker outage in Texas.
Cash provided by operating activities from continuing operations was $800 million, down $858 million year over year.
Ryder reported third-quarter 2024 results for the three months ended September 30, with total revenue up 8% to $3.2 billion while GAAP earnings per share from continuing operations fell to $3.25 from $3.44. The company reaffirmed its full-year 2024 comparable EPS forecast of $11.90 to $12.10, citing weaker rental and used vehicle markets that offset higher earnings in its contractual businesses. For shareholders, revenue growth came with lower per-share profit, and the full-year outlook was held rather than changed.
GAAP EPS from continuing operations was $3.25 versus $3.44 a year earlier; comparable EPS was $3.44 versus $3.58.
Total revenue was $3.2 billion versus $2.9 billion; operating revenue (non-GAAP) rose 9% to $2.6 billion, reflecting recent acquisitions.
Fleet Management Solutions earnings before tax fell 22% to $132 million on weaker rental demand and lower used vehicle gains.
Full-year 2024 comparable EPS of $11.90 to $12.10 was reaffirmed; fourth-quarter comparable EPS is forecast at $3.32 to $3.52.
Hasbro reported third-quarter 2024 revenue of $1,281.3 million, down 15% from a year earlier, while GAAP net earnings were $223.2 million versus a loss of $171.1 million in the prior-year quarter, which included a $473 million loss on disposal of a business. Adjusted operating profit fell $14 million to $329 million, and the company kept its full-year Adjusted EBITDA guidance of $975 million to $1.025 billion.
Net revenues were $1,281.3 million, down 15%; excluding the eOne divestiture, revenue declined 9%.
Diluted EPS was $1.59 versus a loss of $1.23 a year earlier; adjusted diluted EPS was $1.73.
Adjusted operating profit was $329 million, down $14 million from the prior year, with adjusted operating margin of 25.7%.
Quarterly cash dividend of $0.70 per share is payable December 4, 2024, to holders of record on November 20, 2024.
WEX reported third-quarter 2024 revenue up 2% to a third-quarter record $665.5 million, with GAAP diluted EPS of $2.52 versus $0.42 a year earlier and adjusted diluted EPS of $4.35 versus $4.05. The company lowered its full-year 2024 outlook and guided fourth-quarter adjusted EPS to $3.51 to $3.61, citing lower fuel prices and softer Mobility volumes, and said results came in below its expectations.
Q3 2024 total revenue rose 2% to $665.5 million; GAAP net income was $102.9 million, or $2.52 per diluted share.
Full-year 2024 revenue is now expected at $2.62 billion to $2.63 billion, and adjusted EPS at $15.21 to $15.31.
Fourth-quarter 2024 guidance: revenue of $630 million to $640 million and adjusted EPS of $3.51 to $3.61.
WEX spent about $370 million on share repurchases in Q3, and its Board increased the repurchase authorization by $1 billion.
Textron reported third-quarter 2024 revenue of $3.43 billion, up from $3.34 billion a year earlier, but adjusted earnings per share fell to $1.40 from $1.49 after a four-week strike at Textron Aviation. The company cut its full-year 2024 adjusted EPS outlook to $5.40-$5.60 from $6.20-$6.40 and lowered its manufacturing cash flow outlook, which matters to shareholders because it reduces expected earnings for the year.
GAAP EPS from continuing operations was $1.18 versus $1.35 a year earlier; adjusted EPS was $1.40 versus $1.49
Textron Aviation revenue and segment profit were hit by the IAM strike, which ended with a new five-year contract ratified on October 20
2024 manufacturing cash flow before pension contributions is now expected at $650 million to $750 million, down from $0.9 billion to $1.0 billion
Textron returned $215 million to shareholders through share repurchases in the third quarter and $890 million year to date
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.