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).

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FHIFEDERATED HERMES, INC. Oct 24, 5:20 PM ET

Federated Hermes Q3 EPS rises to $1.06 as managed assets reach record $800.5 billion

Positive earnings Written later 2.02

Federated Hermes reported third quarter 2024 diluted EPS of $1.06, up from $0.86 a year earlier, on revenue of $408.5 million, up 1% from the prior-year quarter. Total managed assets reached a record $800.5 billion at Sept. 30, 2024, and the board declared a $0.31 per share dividend and authorized a new repurchase program of up to 5 million class B shares. Quarterly profit and revenue rose year over year, but nine-month EPS of $2.20 was down from $2.44.

  • Q3 2024 diluted EPS was $1.06 versus $0.86 in Q3 2023; net income was $87.5 million versus $75.0 million.
  • Q3 2024 revenue was $408.5 million, up 1% from $402.7 million in Q3 2023.
  • Total managed assets were a record $800.5 billion at Sept. 30, 2024, up 12% from a year earlier.
  • Board declared a $0.31 per share dividend payable Nov. 15, 2024 and authorized a new repurchase program of up to 5 million shares.
Read the filing on SEC.gov ↗
ABCBAmeris Bancorp Oct 24, 5:10 PM ET

Ameris Bancorp Q3 net income rises to $99.2 million, or $1.44 per diluted share

Positive earnings Written later 2.027.01

Ameris Bancorp reported unaudited third-quarter 2024 net income of $99.2 million, or $1.44 per diluted share, up from $80.1 million, or $1.16 per share, a year earlier. Net interest income rose 3.0% year over year, but noninterest income fell 21.4% from the second quarter and the net interest margin narrowed to 3.51%. The company also authorized a $100.0 million share repurchase program on October 18, 2024.

  • Q3 2024 net income was $99.2 million, or $1.44 per diluted share, versus $90.8 million, or $1.32 per share, in Q2 2024
  • Adjusted net income was $95.2 million, or $1.38 per diluted share, excluding a $5.2 million gain on mortgage servicing rights sale and natural disaster expenses
  • Net interest margin was 3.51%, down from 3.58% in Q2 2024; noninterest income was $69.7 million, down from $88.7 million
  • Board authorized repurchases of up to $100.0 million of common stock on October 18, 2024, running through October 31, 2025
Read the filing on SEC.gov ↗
ATRAPTARGROUP, INC. Oct 24, 5:01 PM ET

AptarGroup Q3 Diluted EPS Rises 17% to $1.48; Sales Up 2% to $909 Million

Positive earnings Written later 2.02

AptarGroup reported third quarter 2024 results for the quarter ended September 30, with reported sales up 2% to $909 million and net income up 19% to $100 million. Diluted earnings per share rose 17% to $1.48, and adjusted EPS rose 6% to $1.49, and the company expects fourth quarter 2024 adjusted EPS of $1.22 to $1.30, which would put full-year adjusted EPS at $5.34 to $5.42.

  • Q3 2024 reported sales rose 2% to $909 million; net income rose 19% to $100 million
  • Q3 adjusted EBITDA rose 8% to $208 million, a 23% margin
  • Q4 2024 adjusted EPS guidance is $1.22 to $1.30, versus $1.24 in Q4 2023
  • Board authorized $500 million in share repurchases and a $0.45 quarterly dividend payable November 14, 2024
Read the filing on SEC.gov ↗

Phillips Edison narrows 2024 Core FFO guidance to $2.40-$2.44; Q3 Core FFO up 9.6%

Positive guidance Written later 2.027.01

Phillips Edison reported third-quarter 2024 Core FFO of $84.4 million, or $0.62 per diluted share, up 9.6% from a year earlier, and narrowed its full-year 2024 Core FFO per share guidance to $2.40 to $2.44 from $2.37 to $2.45. GAAP net income attributable to stockholders fell to $11.6 million, or $0.09 per diluted share, from $12.2 million, or $0.10, a year earlier. Shareholders see higher recurring earnings and raised acquisition guidance, while reported net income declined.

  • Q3 2024 Core FFO was $84.4 million, or $0.62 per diluted share, up from $0.58 in Q3 2023.
  • Q3 2024 net income attributable to stockholders was $11.6 million, or $0.09 per diluted share, versus $12.2 million, or $0.10, in Q3 2023.
  • 2024 Core FFO per share guidance was updated to $2.40 to $2.44, from a previous $2.37 to $2.45.
  • 2024 acquisitions guidance was raised to $275 million to $325 million, from $200 million to $300 million.
Read the filing on SEC.gov ↗
EWEdwards Lifesciences Corp Oct 24, 4:28 PM ET

Edwards Lifesciences Q3 sales rise 9% to $1.35 billion; full-year guidance kept

Positive earnings Written later 2.02

Edwards Lifesciences reported third-quarter 2024 net sales of $1.35 billion, up 9% from a year earlier, with adjusted EPS of $0.67 versus $0.55. It reiterated its 2024 full-year sales growth guidance of 8% to 10% and gave fourth-quarter sales and EPS ranges. GAAP diluted EPS of $5.13 was driven mainly by a one-time gain from discontinued operations tied to the Critical Care sale.

  • Q3 net sales $1,354.4 million, up 8.9% from $1,243.4 million; TMTT sales up 73%, TAVR up 6%
  • Q3 GAAP diluted EPS $5.13 (continuing operations $0.61); adjusted EPS $0.67
  • Full-year sales growth guidance of 8% to 10% unchanged; Q4 sales expected at $1.33 to $1.39 billion and Q4 EPS at $0.53 to $0.57
  • Repurchased $1.0 billion of stock in Q3; about $1.4 billion remains under authorization
Read the filing on SEC.gov ↗
AJGArthur J. Gallagher & Co. Oct 24, 4:23 PM ET

Gallagher Q3 2024 net earnings rise to $314.1 million; diluted EPS $1.39 vs $1.28

Positive earnings Written later 2.027.01

Arthur J. Gallagher & Co. reported third-quarter 2024 results on October 24, 2024. Revenues before reimbursements were $2,766.5 million, up from $2,453.6 million a year earlier, and net earnings were $314.1 million versus $283.2 million. The company also made a CFO Commentary containing estimates for 2024 and other future results available, but the filing does not state a change to guidance.

  • Total revenues before reimbursements: $2,766.5 million in Q3 2024 vs. $2,453.6 million in Q3 2023.
  • Diluted net earnings per share: $1.39 vs. $1.28; adjusted EPS (non-GAAP): $2.26 vs. $2.00.
  • Nine-month net earnings: $1,212.2 million in 2024 vs. $1,005.6 million in 2023.
  • Supplemental Quarterly Data and CFO Commentary posted on the investor relations page; webcast held October 24, 2024 at 5:15 p.m. ET.
Read the filing on SEC.gov ↗
DOCHEALTHPEAK PROPERTIES, INC. Oct 24, 4:17 PM ET

Healthpeak raises 2024 guidance as third-quarter AFFO rises to $0.41 per share

Positive earnings Written later 2.027.01

Healthpeak Properties reported third-quarter 2024 results in which AFFO rose to $0.41 per share from $0.40 a year earlier, while Nareit FFO fell to $0.44 from $0.46 and net income was flat at $0.12 per share. The company raised several full-year 2024 guidance ranges, including diluted earnings per share to $0.40 to $0.42 from $0.27 to $0.31, and declared a $0.30 quarterly dividend.

  • Q3 2024 AFFO of $0.41 per share versus $0.40 in Q3 2023; Nareit FFO of $0.44 versus $0.46; net income of $0.12 per share, unchanged.
  • 2024 diluted EPS guidance raised to $0.40 to $0.42 from $0.27 to $0.31; AFFO guidance raised to $1.56 to $1.58 from $1.54 to $1.58.
  • Quarterly common dividend of $0.30 per share declared October 23, 2024, payable November 15, 2024 to holders of record on November 4, 2024.
  • Expected 2024 merger-related synergies raised to approximately $50 million from the Physicians Realty Trust merger.
Read the filing on SEC.gov ↗
SPSCSPS COMMERCE INC Oct 24, 4:13 PM ET

SPS Commerce Q3 revenue rises 21% to $163.7 million; net income up to $23.5 million

Positive earnings Written later 2.02

SPS Commerce reported third quarter 2024 revenue of $163.7 million, up 21% from a year earlier, and diluted EPS of $0.62 versus $0.45. The company also issued fourth quarter and full-year 2024 guidance, with full-year revenue expected at $635.4 million to $636.4 million, or 18% to 19% growth. For shareholders, the headline measures of revenue and profit both improved, and the guidance points to continued growth.

  • Q3 2024 revenue was $163.7 million, up from $135.7 million in Q3 2023, reflecting 21% growth.
  • Q3 2024 net income was $23.5 million, or $0.62 per diluted share, compared with $16.8 million, or $0.45, a year earlier.
  • Q4 2024 revenue is expected at $168.5 million to $169.5 million, or 16% to 17% year-over-year growth.
  • Full-year 2024 non-GAAP income per diluted share is expected at $3.41 to $3.42.
Read the filing on SEC.gov ↗
TBBKBancorp, Inc. Oct 24, 4:12 PM ET

The Bancorp Q3 net income rose 3% to $51.5 million; diluted EPS up 13% to $1.04

Positive earnings Written later 2.027.01

The Bancorp reported third-quarter 2024 net income of $51.5 million, or $1.04 per diluted share, up from $50.1 million, or $0.92, a year earlier. Net interest income rose 5% to $93.7 million, while the company absorbed about $1.5 million in after-tax charges from a new credit-loss factor, interest reversals, and a transaction processing loss. The company also gave preliminary 2025 EPS guidance of $5.25 and kept its 2024 guidance at $4.35.

  • Q3 2024 net income $51.5 million vs. $50.1 million in Q3 2023; diluted EPS $1.04 vs. $0.92, an increase of 13%
  • Net interest income up 5% to $93.7 million; net interest margin 4.78% vs. 5.07% a year earlier
  • Preliminary 2025 EPS guidance $5.25 excludes planned buybacks of $150 million; 2024 EPS guidance remains $4.35
  • Outstanding shares fell to 48.2 million at September 30, 2024, a 9% reduction from 53.2 million at December 31, 2023
Read the filing on SEC.gov ↗
ENSGENSIGN GROUP, INC Oct 24, 4:12 PM ET

Ensign Group raises 2024 earnings and revenue guidance after Q3 profit rise

Positive guidance Written later 2.02

The Ensign Group reported third-quarter 2024 GAAP diluted earnings per share of $1.34, up 20.7% from a year earlier, and adjusted diluted EPS of $1.39, up 15.8%. Revenue rose 15.0% to $1.08 billion, and the company raised its full-year 2024 EPS and revenue guidance, which matters to shareholders because it signals higher expected earnings and sales for the year.

  • Q3 2024 GAAP net income was $78.4 million, up 22.8% from the prior year quarter; GAAP diluted EPS was $1.34 versus $1.11.
  • Full-year 2024 diluted EPS guidance was raised to $5.46 to $5.52 from $5.38 to $5.50.
  • Full-year 2024 revenue guidance was raised to $4.25 billion to $4.26 billion from $4.20 billion to $4.22 billion.
  • Same Facilities occupancy rose 2.8% year over year to 81.7%; cash on hand was $532.1 million as of September 30, 2024.
Read the filing on SEC.gov ↗
DECKDECKERS OUTDOOR CORP Oct 24, 4:07 PM ET

Deckers raises FY2025 outlook as quarterly sales rise 20% to $1.31 billion

Positive earnings Written later 2.02

Deckers reported second-quarter fiscal 2025 net sales of $1.311 billion, up 20.1%, and diluted earnings per share of $1.59, up from $1.14 a year earlier. The company raised its full-year fiscal 2025 revenue guidance to about $4.8 billion and its diluted EPS guidance to $5.15 to $5.25, which matters to shareholders because both headline forecasts moved higher.

  • Q2 fiscal 2025 net sales rose 20.1% to $1.311 billion; HOKA brand sales rose 34.7% to $570.9 million
  • Q2 diluted EPS was $1.59 versus $1.14, reflecting a six-for-one stock split during the quarter
  • Full-year fiscal 2025 guidance: net sales about $4.8 billion; diluted EPS $5.15 to $5.25
  • Cash and equivalents were $1.226 billion with no outstanding borrowings; $685.4 million remained under the buyback authorization
Read the filing on SEC.gov ↗
FIXCOMFORT SYSTEMS USA INC Oct 24, 4:06 PM ET

Comfort Systems USA Q3 net income rises to $146.2 million, or $4.09 per share

Positive earnings Written later 2.028.01

Comfort Systems USA reported third-quarter 2024 revenue of $1.81 billion, up from $1.38 billion a year earlier, and net income of $146.2 million, or $4.09 per diluted share, versus $105.1 million, or $2.93, in the same quarter of 2023. The board also declared a quarterly dividend of $0.35 per share, a $0.05 increase from the most recent dividend, payable November 25, 2024.

  • Q3 2024 revenue was $1.81 billion, compared with $1.38 billion in Q3 2023.
  • Q3 2024 net income was $146.2 million, or $4.09 per diluted share, compared with $105.1 million, or $2.93, a year earlier.
  • Backlog was $5.68 billion as of September 30, 2024, down from $5.77 billion on June 30, 2024 and up from $4.29 billion a year earlier.
  • Quarterly dividend of $0.35 per share is payable November 25, 2024 to holders of record on November 14, 2024.
Read the filing on SEC.gov ↗
RMDRESMED INC Oct 24, 4:05 PM ET

ResMed reports 11% revenue growth to $1.2 billion for quarter ended September 30, 2024

Positive earnings Written later 2.028.01

ResMed reported fiscal first-quarter 2025 results, with revenue up 11% to $1.2 billion, income from operations up 34%, and diluted earnings per share of $2.11, up 42% from $1.49. The company also declared a quarterly cash dividend of $0.53 per share, with a November 7, 2024 record date and December 12, 2024 payment date.

  • Revenue rose 11% to $1.2 billion; gross margin improved 420 basis points to 58.6%.
  • Diluted EPS was $2.11 (GAAP) and $2.20 (non-GAAP), versus $1.49 and $1.64 a year earlier.
  • Quarterly cash dividend of $0.53 per share; ex-dividend date November 6, 2024, payable December 12, 2024.
  • Operating cash flow was $326 million; the company repurchased $50 million of stock during the quarter.
Read the filing on SEC.gov ↗

L3Harris raises 2024 guidance as third-quarter revenue rises 8% to $5.3 billion

Positive earnings Written later 2.02

L3Harris reported third-quarter 2024 revenue of $5.3 billion, up 8%, with GAAP diluted EPS of $2.10, up 4%, and non-GAAP diluted EPS of $3.34, up 5%. The company raised its 2024 revenue guidance to $21.1 billion to $21.3 billion and its 2024 non-GAAP diluted EPS guidance to $12.95 to $13.15, which gives shareholders an updated outlook while GAAP operating margin declined to 9.4% from 9.7%.

  • Third-quarter revenue of $5.3 billion, up 8%, including 5% organic growth
  • GAAP diluted EPS of $2.10, up 4%; non-GAAP diluted EPS of $3.34, up 5%
  • 2024 revenue guidance raised to $21.1 billion to $21.3 billion; non-GAAP diluted EPS guidance raised to $12.95 to $13.15 from $12.85 to $13.15
  • GAAP operating margin of 9.4%, down 30 basis points from 9.7%
Read the filing on SEC.gov ↗
EXPOEXPONENT INC Oct 24, 4:05 PM ET

Exponent Q3 net income rises 6% to $26.0 million; full-year margin guidance raised

Positive earnings Written later 2.027.01

Exponent reported third-quarter 2024 net income of $26.0 million, or $0.50 per diluted share, up from $24.5 million, or $0.48, a year earlier, while revenues before reimbursements were roughly flat at $125.1 million. The company kept its full-year revenue growth outlook and raised its full-year EBITDA margin outlook to 27.9% to 28.1%, and it also declared a $0.28 quarterly dividend payable December 20, 2024.

  • Q3 2024 net income $26.0 million, or $0.50 per diluted share, vs. $24.5 million, or $0.48, in Q3 2023
  • Q3 revenues before reimbursements $125.1 million, roughly flat vs. $125.0 million a year earlier
  • Full-year 2024 guidance: revenues before reimbursements to grow in the low to mid-single digits; EBITDA margin raised to 27.9% to 28.1%
  • Quarterly dividend of $0.28 per share, payable December 20, 2024, to holders of record as of December 6, 2024
Read the filing on SEC.gov ↗
FCFSFirstCash Holdings, Inc. Oct 24, 3:12 PM ET

FirstCash reports record Q3 revenue of $837 million and GAAP EPS up 14% to $1.44

Positive earnings Written later 2.02

FirstCash Holdings reported record third-quarter 2024 revenue of $837.3 million, up 6% from a year earlier, and GAAP diluted earnings per share of $1.44, up 14%. Adjusted diluted EPS rose 7% to $1.67, and the board declared a $0.38 quarterly dividend payable November 27, 2024.

  • Q3 2024 revenue $837.3 million, up 6% in U.S. dollars from $786.3 million
  • GAAP diluted EPS $1.44 vs. $1.26 a year earlier (up 14%); adjusted diluted EPS $1.67 (up 7%)
  • Nine-month revenue $2.5 billion, up 9%; GAAP net income $175.3 million
  • Quarterly dividend of $0.38 per share, payable November 27, 2024 to holders of record as of November 15, 2024
Read the filing on SEC.gov ↗
COLBCOLUMBIA BANKING SYSTEM, INC. Oct 24, 12:41 PM ET

Columbia Banking System Q3 net income rises to $146 million; diluted EPS $0.70

Positive earnings Written later 2.027.01

Columbia Banking System reported third quarter 2024 net income of $146 million, up from $120 million in the second quarter, and diluted earnings per share of $0.70 versus $0.57. Operating earnings per share were $0.69, compared with $0.79 a year earlier, and total loans and leases fell $207 million during the quarter. Shareholders get a quarter of higher reported profit, while the filing also shows lower operating earnings than a year earlier.

  • Net income was $146 million in the third quarter of 2024, compared with $120 million in the second quarter.
  • Diluted EPS was $0.70, compared with $0.57 in the second quarter; operating diluted EPS was $0.69, compared with $0.67 in the second quarter and $0.79 in the third quarter of 2023.
  • Net interest margin was 3.56%, unchanged from the prior quarter; net interest income rose $3 million to $430 million.
  • Gross loans and leases decreased $207 million to $37.5 billion as of September 30, 2024; book value per common share rose to $25.17.
Read the filing on SEC.gov ↗
CHCOCITY HOLDING CO Oct 24, 10:33 AM ET

City Holding Q3 EPS $2.02 vs $1.98 a year earlier; net income $29.8 million

Positive earnings Written later 2.02

City Holding Company reported third-quarter 2024 net income of $29.8 million and diluted earnings of $2.02 per share, up from $1.96 in the second quarter and $1.98 a year earlier. Non-interest income rose to $20.3 million from $17.4 million, while nonperforming assets increased to $16.2 million, which the company tied in part to a $2.0 million charge-off on a movie theater loan. The company also declared a quarterly dividend of $0.79 per share, which the release describes as a 10.0% increase.

  • Net income of $29.8 million and diluted EPS of $2.02 for the quarter ended September 30, 2024, versus $1.96 in Q2 2024 and $1.98 in Q3 2023
  • Non-interest income of $20.3 million versus $17.4 million a year earlier; net interest income of $55.6 million was roughly flat year over year
  • Nonperforming assets rose to $16.2 million (0.39% of loans and other real estate owned) from $10.2 million at June 30, 2024, and the provision for credit losses was $1.2 million
  • Quarterly cash dividend of $0.79 per share, payable October 31, 2024
Read the filing on SEC.gov ↗
BBTBeacon Financial Corp Oct 24, 10:07 AM ET

Berkshire Hills Q3 net income rises to $37.5 million, or $0.88 per share

Positive earnings Written later 2.027.01

Berkshire Hills Bancorp reported third-quarter 2024 GAAP net income of $37.5 million, or $0.88 per share, up from $19.5 million, or $0.45 per share, a year earlier and $0.57 per share in the prior quarter. Operating earnings were $0.58 per share, up from $0.50 a year earlier, and the GAAP result includes a $16.0 million non-operating gain on a branch sale. The company said it would discuss expected future results on a conference call, but the filing does not state specific guidance figures.

  • GAAP net income $37.5 million, or $0.88 per share, versus $24.0 million, or $0.57 per share, in 2Q24 and $19.5 million, or $0.45 per share, in 3Q23
  • Operating earnings $24.8 million, or $0.58 per share, versus $0.55 per share in 2Q24 and $0.50 per share in 3Q23
  • $16.0 million non-operating gain on the sale of ten New York branches, or $0.30 per share after tax
  • Net interest margin 3.16%, down from 3.20% in 2Q24; total net revenue $125.6 million versus $107.8 million in 3Q23
Read the filing on SEC.gov ↗
OSISOSI SYSTEMS INC Oct 24, 8:30 AM ET

OSI Systems Q1 revenue rises 23% to $344 million; raises fiscal 2025 guidance

Positive earnings Written later 2.02

OSI Systems reported fiscal first-quarter 2025 revenue of $344.0 million, up 23% from $279.2 million a year earlier, and GAAP net income of $17.9 million, or $1.05 per diluted share, compared with $0.75 a year earlier. The company raised its fiscal 2025 revenue and non-GAAP adjusted diluted EPS guidance, which signals improved expectations for shareholders.

  • Q1 revenue was $344.0 million, up 23% from $279.2 million in the same quarter of fiscal 2024.
  • GAAP diluted EPS was $1.05 versus $0.75; non-GAAP adjusted diluted EPS was $1.25 versus $0.91.
  • Fiscal 2025 revenue guidance rose to $1.670 billion-$1.695 billion from $1.620 billion-$1.650 billion.
  • Non-GAAP adjusted diluted EPS guidance rose to $9.00-$9.30 from $8.80-$9.15; net cash used in operations was $37.2 million and backlog was about $1.8 billion.
Read the filing on SEC.gov ↗
EEFTEURONET WORLDWIDE, INC. Oct 24, 7:32 AM ET

Euronet Q3 revenue rises 9% to $1.1 billion; adjusted EPS up 11% to $3.03

Positive earnings Written later 2.02

Euronet reported third-quarter 2024 revenue of $1,099.3 million, up 9% from a year earlier, and diluted GAAP EPS of $3.21 versus $2.05. Adjusted EPS rose 11% to $3.03, and the company reaffirmed its 2024 adjusted EPS growth outlook of 10% to 15%, with 10% to 15% growth also expected in 2025, which matters to shareholders because it signals continued earnings growth.

  • Revenue $1,099.3 million, up 9% from $1,004.0 million; operating income $182.2 million, up 9%
  • Diluted GAAP EPS $3.21 versus $2.05; adjusted EPS $3.03 versus $2.72, up 11%
  • 2024 adjusted EPS growth outlook of 10% to 15% reaffirmed; 2025 expected in the 10% to 15% range
  • Company repurchased 1 million shares for $101.3 million in the quarter
Read the filing on SEC.gov ↗
TERTERADYNE, INC Oct 24, 7:00 AM ET

Teradyne Q3 revenue rises 5% to $737 million; non-GAAP EPS $0.90

Positive earnings Written later 2.02

Teradyne reported third-quarter 2024 revenue of $737 million, up 5% from $704 million a year earlier, and non-GAAP EPS of $0.90 versus $0.80 a year earlier. GAAP EPS was $0.89, down from $1.14 in the prior quarter, which included a $57.5 million gain on the sale of a business. The company gave fourth-quarter revenue guidance of $710 million to $760 million, with non-GAAP EPS of $0.80 to $0.97.

  • Q3 2024 revenue $737 million vs. $704 million in Q3 2023; Q2 2024 revenue was $730 million
  • Non-GAAP EPS $0.90 vs. $0.80 a year earlier; GAAP EPS $0.89 vs. $0.78 a year earlier and $1.14 in Q2 2024
  • Q4 2024 guidance: revenue $710 million to $760 million; GAAP EPS $0.73 to $0.91; non-GAAP EPS $0.80 to $0.97
  • Semiconductor Test revenue was $543 million; the company cited AI-related demand as a growth driver
Read the filing on SEC.gov ↗
FTITechnipFMC plc Oct 24, 6:47 AM ET

TechnipFMC Q3 revenue rises 14% to $2.3 billion; backlog hits record $14.7 billion

Positive earnings Written later 2.02

TechnipFMC reported third-quarter 2024 revenue of $2,348.4 million, up 14.2% from a year earlier, and net income attributable to the company of $274.6 million, or $0.63 per diluted share, compared with $90.0 million a year earlier. The board also raised its share repurchase authorization by $1 billion and the company raised its 2025 Subsea revenue and margin guidance, which matters to shareholders because it signals higher capital returns and a stronger outlook.

  • Revenue of $2,348.4 million, up 14.2% year over year and 1.0% from the second quarter.
  • Net income attributable to TechnipFMC of $274.6 million ($0.63 diluted EPS), including a $60.6 million non-cash tax benefit.
  • Share repurchase authorization increased by $1 billion, bringing total authorized repurchases to up to $1.2 billion.
  • 2025 Subsea revenue guidance raised to $8.3-8.7 billion from about $8 billion; adjusted EBITDA margin guidance raised to 18.5-20% from about 18%.
Read the filing on SEC.gov ↗
NOCNORTHROP GRUMMAN CORP /DE/ Oct 24, 6:45 AM ET

Northrop Grumman Q3 net earnings rise 9% to $1.0 billion; raises 2024 EPS guidance

Positive earnings Written later 2.02

Northrop Grumman reported third quarter 2024 sales of $10.0 billion, up 2% from a year earlier, and diluted earnings per share of $7.00, up 13% from $6.18. The company raised its 2024 MTM-adjusted EPS guidance by 75 cents to $25.65 to $26.05, which matters to shareholders because it signals higher expected per-share profit for the year.

  • Q3 2024 diluted EPS was $7.00 versus $6.18 in Q3 2023; net earnings were $1.0 billion, up 9%
  • 2024 MTM-adjusted EPS guidance raised to $25.65 to $26.05, from $24.90 to $25.30 previously
  • Q3 free cash flow fell 16% to $730 million, principally due to higher net federal tax payments
Read the filing on SEC.gov ↗
DOVDOVER Corp Oct 24, 6:32 AM ET

Dover Q3 revenue rises 1% to $2.0 billion; adjusted EPS up 6% to $2.27

Positive earnings Written later 2.027.01

Dover reported third-quarter 2024 revenue of $2.0 billion, up 1%, with GAAP diluted EPS from continuing operations of $2.26, up 22%, and adjusted diluted EPS of $2.27, up 6%. The company reiterated full-year 2024 GAAP EPS guidance of $10.11 to $10.21 and adjusted EPS guidance of $8.08 to $8.18, based on revenue growth of 1% to 3%.

  • Q3 2024 revenue was $1,984 million versus $1,958 million a year earlier, an increase of 1%.
  • Q3 GAAP earnings from continuing operations were $313 million, up 19%, including a $68.6 million gain on disposition of a minority-owned equity method investment.
  • Adjusted earnings from continuing operations were $314 million, up 4%.
  • Full-year 2024 GAAP EPS guidance is $10.11 to $10.21; adjusted EPS guidance is $8.08 to $8.18, excluding the Environmental Solutions Group business moved to discontinued operations.
Read the filing on SEC.gov ↗
ALLEAllegion plc Oct 24, 6:09 AM ET

Allegion Q3 revenue rises 5.4% to $967.1 million; raises adjusted EPS outlook

Positive earnings Written later 2.02

Allegion reported third-quarter 2024 revenue of $967.1 million, up 5.4% from a year earlier, and diluted EPS of $1.99, up 12.4%. The company raised its full-year 2024 adjusted EPS outlook to $7.35 to $7.45 and affirmed its reported revenue growth and available cash flow outlook, which matters to shareholders because it signals higher expected earnings for the year.

  • Q3 2024 revenue $967.1 million, up 5.4% reported and up 3.3% organic
  • Diluted EPS $1.99 vs. $1.77; adjusted EPS $2.16, up 11.3%
  • Full-year 2024 adjusted EPS outlook raised to $7.35 to $7.45; reported revenue growth affirmed at 2.5% to 3.5%
  • Year-to-date available cash flow $388.0 million, up $67.6 million; full-year outlook affirmed at $540 to $570 million
Read the filing on SEC.gov ↗
UPSUNITED PARCEL SERVICE INC Oct 24, 6:05 AM ET

UPS Q3 revenue rises 5.6% to $22.2 billion; adjusted EPS $1.76 vs $1.57

Positive earnings Written later 2.02

UPS reported third-quarter 2024 consolidated revenue of $22.2 billion, up 5.6% from a year earlier, and diluted EPS of $1.80 versus $1.31 a year ago. Non-GAAP adjusted diluted EPS was $1.76, compared with $1.57, and the company updated its 2024 outlook, including a consolidated non-GAAP adjusted operating margin expectation of approximately 9.6%.

  • Consolidated operating profit was $2.0 billion, up 47.8% from the third quarter of 2023.
  • The Coyote Logistics divestiture produced a $152 million net gain after $116 million of transformation strategy costs, adding $0.04 per diluted share.
  • 2024 outlook: consolidated revenue of approximately $91.1 billion and non-GAAP adjusted operating margin of approximately 9.6%.
  • Capital expenditures are expected to be about $4.0 billion and dividend payments about $5.4 billion, subject to Board approval.
Read the filing on SEC.gov ↗

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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.