528 material Form 8-K filings that 462 companies we cover made with the SEC in January 2025, 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).
Western Digital said preliminary second-quarter revenue is expected at the midpoint of its $4.20 billion to $4.40 billion guidance, while non-GAAP diluted EPS is expected at the low end of its $1.75 to $2.05 range, citing a more challenging pricing environment in its flash business. Executive Vice President and CFO Wissam Jabre will resign effective February 28, 2025, when the company expects to complete the separation of its flash business, and the company has started a search for the hard disk drive business CFO role.
Q2 revenue (quarter ended December 27, 2024) is expected at the midpoint of the $4.20 billion to $4.40 billion guidance issued October 24, 2024.
Non-GAAP diluted EPS is expected at the lower end of the $1.75 to $2.05 guidance range, due to a more challenging pricing environment in the flash business.
The figures are preliminary and may change after financial closing procedures and auditor review; a GAAP reconciliation was not provided.
CFO Wissam Jabre notified the company on January 10, 2025 that he will not continue as CFO of the hard disk drive business; he resigns effective February 28, 2025.
J.B. Hunt Transport Services reported fourth-quarter and full-year 2024 results on January 16, 2025. Fourth-quarter revenue fell 5% to $3.15 billion, but diluted EPS rose 4% to $1.53, and full-year revenue fell 6% to $12.09 billion while full-year diluted EPS dropped 20% to $5.56. For shareholders, the year's earnings declined sharply even though the fourth quarter showed EPS growth.
Q4 2024 revenue was $3.15 billion, down 5% from $3.30 billion; diluted EPS was $1.53 versus $1.47, up 4%.
Full-year 2024 revenue was $12.09 billion, down 6%; diluted EPS was $5.56 versus $6.97, down 20%.
Q4 2024 operating income included $16.0 million in intangible asset impairment charges in Integrated Capacity Solutions; the company expects a 2025 tax rate of 24.0% to 25.0%.
At December 31, 2024, cash was $47 million and total debt was $1.48 billion; in Q4 the company repurchased about 489,000 shares for about $86 million.
Independent Bank Corp. reported fourth-quarter 2024 net income of $50.0 million, or $1.18 per diluted share, up from $42.9 million, or $1.01 per share, in the third quarter. Results included $1.9 million of pre-tax merger costs tied to its pending acquisition of Enterprise Bancorp, and excluding those costs, operating net income was $51.4 million, or $1.21 per share. Full-year 2024 net income fell to $192.1 million, or $4.52 per share, from $239.5 million, or $5.42 per share, in 2023.
Q4 2024 net income was $50.0 million, or $1.18 per diluted share, versus $42.9 million, or $1.01, in Q3 2024.
Net interest income rose to $144.7 million from $141.7 million in the prior quarter, and the provision for credit losses fell to $7.5 million from $19.5 million.
Full-year 2024 net income was $192.1 million, or $4.52 per diluted share, compared with $239.5 million, or $5.42, in 2023.
Pending acquisition of Enterprise Bancorp, announced December 9, 2024, drove $1.9 million of merger costs in the quarter.
National Vision said its CFO, Melissa Rasmussen, will leave to pursue another opportunity after a transition period, and she will stay through the release of fourth quarter and fiscal 2024 results on February 26, 2025. The company also released preliminary results showing fiscal 2024 net revenue from continuing operations of approximately $1,823 million, up 3.8%, and now expects Adjusted Operating Income from continuing operations slightly above the higher end of its prior fiscal 2024 guidance. The results are unaudited and may change until financial closing procedures are complete.
CFO Melissa Rasmussen will depart after a transition period; she plans to remain through the February 26, 2025 earnings release, and the company has begun a search for a successor and may appoint an interim CFO.
Preliminary fiscal 2024 net revenue from continuing operations was approximately $1,823 million, an increase of 3.8% from fiscal 2023.
Preliminary fourth quarter 2024 net revenue from continuing operations was approximately $437 million, up 3.9%, with adjusted comparable store sales growth of approximately 1.5%.
Adjusted Operating Income from continuing operations is now expected to be slightly above the higher end of prior fiscal 2024 guidance; the figures remain preliminary.
Westamerica Bancorporation reported fourth quarter 2024 net income of $31.7 million, or $1.19 per diluted share, down from $39.5 million, or $1.48 per share, a year earlier. The decline reflected lower net interest income, which fell 15.0% year over year, and results were also lower than the $35.1 million net income reported for the third quarter of 2024. The company paid a $0.44 per common share dividend in the quarter.
Q4 2024 net income was $31.7 million, down 19.7% from $39.5 million in Q4 2023 and down from $35.1 million in Q3 2024.
Diluted EPS was $1.19, compared with $1.48 in Q4 2023 and $1.31 in Q3 2024; a tax provision adjustment reduced EPS by $0.01.
Net interest income on an FTE basis was $59.2 million, down 15.0% from $69.7 million a year earlier; net interest margin was 4.01% versus 4.41%.
Full-year 2024 net income was $138.6 million, or $5.20 per diluted share, down 14.3% and 14.2%, respectively, from 2023.
H.B. Fuller reported a fourth-quarter 2024 net loss of $7 million, or $0.13 per diluted share, compared with net income of $45 million a year earlier, after a $38 million after-tax non-cash charge tied to the Flooring divestiture. For fiscal 2025 it expects net revenue to fall 2% to 4% but adjusted EBITDA of $600 million to $625 million and adjusted EPS of $3.90 to $4.20, and it is finalizing a plan to cut manufacturing facilities and warehouses for about $75 million in annualized savings by fiscal 2030.
Q4 2024 net revenue rose 2.3% to $923 million, but adjusted EBITDA fell 14% to $148 million and adjusted diluted EPS was $0.92, versus $1.32 a year earlier.
Fiscal 2024 net revenue was $3.57 billion, up 1.6%, while net income was $130 million, versus $145 million in fiscal 2023.
Fiscal 2025 guidance calls for net revenue down 2% to 4% and adjusted EPS of $3.90 to $4.20, up 2% to 9% from $3.84.
The manufacturing footprint plan would reduce facilities from 82 to 55 and North American warehouses from 55 to about 10 by the end of 2027, with about $150 million in incremental capital over five years.
U.S. Bancorp reported fourth-quarter 2024 net income attributable to the company of $1,663 million, or $1.01 per diluted share, up from $847 million and $0.49 a year earlier but down from $1,714 million and $1.03 in the third quarter. Excluding $109 million of pre-tax notable items tied to lease impairments and operational efficiency actions, earnings were $1,745 million, or $1.07 per share, and total net revenue rose 3.7% year over year to $7,009 million.
Q4 2024 net income attributable to U.S. Bancorp was $1,663 million, or $1.01 per diluted share, versus $847 million, or $0.49, in Q4 2023; adjusted for notable items, it was $1,745 million, or $1.07 per share.
Total net revenue was $7,009 million, up 3.7% from $6,762 million in Q4 2023; net interest margin was 2.71%, down from 2.78% a year earlier.
Full-year 2024 net income was $6,299 million, or $3.79 per diluted share, up from $3.27 in 2023; adjusted full-year EPS was $3.98, versus $4.31 in 2023.
CET1 capital ratio was 10.6% at December 31, 2024, and the company made a modest initial share buyback in the quarter.
First Horizon reported fourth quarter 2024 net income available to common shareholders of $158 million, or $0.29 per share, down from $213 million, or $0.40, in the third quarter. Excluding notable items, adjusted earnings were $228 million, or $0.43 per share, up 2% from the prior quarter, after a $91 million after-tax loss from an opportunistic securities portfolio restructuring. For full year 2024, GAAP net income available to common shareholders was $738 million, or $1.36 per share, down from $1.54 in 2023, while adjusted results rose 5% to $843 million, or $1.55 per share.
Q4 2024 GAAP net income available to common shareholders: $158 million, or $0.29 per share, versus $213 million, or $0.40, in Q3 2024
Q4 2024 adjusted net income available to common shareholders: $228 million, or $0.43 per share, versus $224 million, or $0.42, in Q3 2024
Q4 2024 notable items included a $91 million loss on an AFS portfolio restructuring, reducing after-tax earnings by $71 million
Full year 2024 GAAP EPS was $1.36 versus $1.54 in 2023; adjusted EPS was $1.55 versus $1.43
M&T Bank Corporation reported fourth-quarter 2024 net income of $681 million, or $3.86 per diluted share, up from $482 million and $2.74 in the fourth quarter of 2023 but down from $721 million and $4.02 in the third quarter of 2024. For full-year 2024, net income was $2.59 billion, or $14.64 per diluted share, compared with $2.74 billion and $15.79 in 2023. The filing includes no financial guidance for 2025.
Q4 2024 net income $681 million and diluted EPS $3.86, versus $721 million and $4.02 in Q3 2024.
Full-year 2024 net income $2.59 billion and diluted EPS $14.64, versus $2.74 billion and $15.79 in 2023.
Estimated CET1 capital ratio rose to 11.67% at December 31, 2024, from 11.54% at September 30, 2024; M&T repurchased $200 million of common stock in Q4.
Nonaccrual loans fell to 1.25% of total loans at December 31, 2024, from 1.42% at September 30, 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.