811 material Form 8-K filings that 685 companies we cover made with the SEC in April 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).
FTI Consulting reported first-quarter 2025 revenue of $898.3 million, down 3.3% from $928.6 million a year earlier, and GAAP net income of $61.8 million, down from $80.0 million. Adjusted earnings per diluted share rose 2.7% to $2.29, excluding $25.3 million of special charges, and free cash flow was negative $483.0 million, compared with negative $279.5 million a year earlier.
Revenue was $898.3 million, down 3.3% from $928.6 million in Q1 2024 and up 0.4% from $894.9 million in Q4 2024.
GAAP earnings per diluted share were $1.74, down 22.0% from $2.23; adjusted EPS was $2.29, up 2.7% from $2.23.
Adjusted EBITDA was $115.2 million, up 3.7% from $111.1 million a year earlier; special charges totaled $25.3 million.
Free cash flow was negative $483.0 million, and the company repurchased and retired $182.6 million of common stock in the quarter.
Innovex International agreed on April 21, 2025 to sell its Eldridge facility in Houston to BIG Acquisitions LLC for $95.0 million, subject to adjustments, with a short-term lease back to the company and closing expected in the third quarter of 2025. In a same-day update, the company said first-quarter 2025 revenue is expected to be about $240 million, below its previous guidance of $245 million to $255 million, while Adjusted EBITDA is expected to be $44 million to $46 million.
Eldridge facility sale price is $95.0 million, subject to adjustments; closing expected in Q3 2025
Short-term lease back from the buyer runs to December 31, 2025, with one six-month extension option and gross rent of $650,000 per month
Preliminary Q1 2025 revenue of about $240 million vs. prior guidance of $245 million to $255 million; Adjusted EBITDA $44 million to $46 million
Q1 2025 earnings release set for May 6, 2025; conference call on May 7, 2025
Gaming and Leisure Properties reported first-quarter 2025 revenue of $395.2 million, up from $376.0 million a year earlier, and AFFO of $272.0 million, up from $258.6 million. Net income fell to $170.4 million from $179.5 million, and diluted net income per share was $0.60 versus $0.64, so shareholders see higher cash-flow measures alongside lower reported profit. The company also updated its full-year 2025 AFFO guidance to $1.109 billion to $1.118 billion, or $3.84 to $3.87 per diluted share and OP/LTIP unit, from a prior range of $1.105 billion to $1.121 billion, or $3.83 to $3.88.
Total revenue rose to $395.2 million from $376.0 million; AFFO per diluted share rose to $0.96 from $0.92.
Net income fell to $170.4 million from $179.5 million; the provision for credit losses was $39.2 million versus $23.3 million.
2025 AFFO guidance is $1.109 billion to $1.118 billion, or $3.84 to $3.87 per share, compared with the prior $1.105 billion to $1.121 billion, or $3.83 to $3.88 per share.
Provident Financial Services reported first-quarter 2025 net income of $64.0 million, or $0.49 per share, up from $48.5 million, or $0.37 per share, in the fourth quarter of 2024 and $32.1 million, or $0.43 per share, a year earlier. The company also declared a quarterly cash dividend of $0.24 per share, and non-performing loans rose to $103.2 million, which matters to shareholders for both earnings and credit quality.
Net income was $64.0 million, or $0.49 per basic and diluted share, for the quarter ended March 31, 2025, compared with $0.37 in the prior quarter and $0.43 a year earlier.
Net interest margin rose six basis points to 3.34% from 3.28% in the prior quarter.
Non-performing loans increased to $103.2 million, or 0.54% of total loans, from $72.1 million at December 31, 2024.
The board declared a $0.24 per share quarterly dividend, payable May 30, 2025 to holders of record on May 16, 2025.
Landstar System rescheduled its first quarter 2025 earnings release from April 29 to May 13, 2025, and expects to delay its Form 10-Q to the same date. The delay relates to the accounting and internal control review of a supply chain fraud in its international freight forwarding operations, which the company says is limited to one independent commission sales agency. Before recoveries and fees, the company does not expect the fraud to reduce net income by more than $15 million, or about $0.43 per share after tax.
Q1 2025 total revenue was $1.153 billion, in the upper half of guidance.
EPS before the fraud impact was $0.95, at the upper end of updated guidance.
The fraud impact is not expected to exceed $15 million of net income, about $0.43 per share after tax, before legal fees and possible insurance recoveries.
Cash and short-term investments were about $473 million as of March 29, 2025.
Phillips 66 reported first-quarter 2025 earnings of $487 million, or $1.18 per diluted share, compared with $8 million in the fourth quarter of 2024. Reported results include a $1.085 billion pre-tax net gain on asset dispositions; excluding special items, the company posted an adjusted loss of $368 million, or $0.90 per share, versus an adjusted loss of $61 million in the prior quarter, and adjusted EBITDA fell to $736 million from $1,130 million. The company's refining segment posted an adjusted pre-tax loss of $937 million, which it attributed largely to its spring turnaround program, and shareholders received $716 million through dividends and buybacks.
Reported earnings $487 million ($1.18 per diluted share); adjusted loss $368 million ($0.90 per share)
Adjusted EBITDA $736 million, down from $1,130 million in Q4 2024; refining adjusted pre-tax loss $937 million
Returned $716 million to shareholders and received $2.0 billion in cash proceeds from equity interest sales
Announced Iron Mesa gas plant in the Permian, expected to start in Q1 2027; quarterly dividend to rise $0.05 per share
Moog reported fiscal second quarter 2025 net sales of $935 million, up from $930 million a year earlier, while diluted earnings per share fell to $1.75 from $1.86 and adjusted diluted EPS fell to $1.92 from $2.19. The company cut its full-year 2025 diluted EPS guidance to $7.89 from $8.06 and reiterated its sales and adjusted EPS guidance, while noting potential tariff risk to operating profit of $10 million to $20 million.
Q2 net sales $935 million vs. $930 million; diluted EPS $1.75 vs. $1.86; adjusted diluted EPS $1.92 vs. $2.19
FY2025 diluted EPS guidance lowered to $7.89 from $8.06; operating margin guidance lowered to 12.7% from 12.9%
Sales guidance ($3.7 billion) and adjusted EPS guidance ($8.20) unchanged; current guidance excludes potential net tariff risk
Board declared $0.29 quarterly dividend, payable May 27, 2025 to holders of record May 9, 2025
Colgate-Palmolive reported first-quarter 2025 results with net sales down 3.1% to $4,911 million, mainly because foreign exchange was a 4.4% headwind, while organic sales rose 1.4%. GAAP diluted EPS rose 2% to $0.85, and the company updated its full-year 2025 guidance, now expecting organic sales growth of 2% to 4% and EPS up low single digits on a GAAP basis.
Net sales were $4,911 million, down 3.1% from $5,065 million; foreign exchange was a 4.4% headwind.
GAAP diluted EPS was $0.85 versus $0.83; Base Business (non-GAAP) EPS was $0.91 versus $0.86.
For full-year 2025, the company now expects organic sales growth of 2% to 4% and GAAP EPS up low single digits.
Hill's operating profit rose 30% to $258 million, while Latin America net sales fell 8.7%.
Saia reported first quarter 2025 results on April 25, 2025, with revenue up 4.3% to $787.6 million on higher shipment and tonnage volumes. Operating income fell 40.5% to $70.2 million, and diluted earnings per share dropped to $1.86 from $3.38, as the company cited weaker-than-expected revenue, severe winter weather, and higher labor and depreciation costs tied to its network expansion. Shareholders face lower profitability in the quarter, and the company expects 2025 net capital expenditures of approximately $650 million.
Revenue was $787.6 million, up 4.3% from the first quarter of 2024
Operating income was $70.2 million, down 40.5%; operating ratio rose to 91.1% from 84.4%
Diluted earnings per share were $1.86, compared with $3.38 a year earlier
Net capital expenditures were $202.1 million in the first quarter, with about $650 million expected for 2025
AutoNation reported first quarter 2025 revenue of $6.7 billion, up 4% on a same-store basis, with new vehicle revenue up 10%. GAAP diluted EPS fell 1% to $4.45 and net income fell 8% to $175.5 million, while adjusted EPS rose 4% to $4.68. The company repurchased $225 million of stock in the quarter and has more than $607 million of repurchase authorization remaining.
Revenue of $6.7 billion, up 3% reported and 4% same-store; new vehicle revenue up 10% to $3.2 billion.
Diluted EPS $4.45 vs. $4.49 a year ago; adjusted diluted EPS $4.68 vs. $4.49, up 4%.
Repurchased 1.4 million shares for $225 million; acquired a Ford store and a Mazda store in Colorado for $70 million.
Lakeland Financial reported first-quarter 2025 net income of $20.1 million, down 14% from a year earlier, and diluted EPS of $0.78 versus $0.91. Revenue rose 6% and net interest income grew 12%, but a higher provision for credit losses, mainly tied to one $43.3 million nonperforming credit, weighed on profit. The board also set a $0.50 per share dividend, up 4% from the prior year, and extended the share repurchase program through April 30, 2027.
Net income was $20.1 million, down $3.3 million or 14% from $23.4 million in Q1 2024; diluted EPS was $0.78 versus $0.91.
Net interest income rose 12% to $52.9 million, and net interest margin improved to 3.40% from 3.15%.
Provision for credit losses was $6.8 million versus $1.5 million, mainly due to an increase in the specific allocation for a $43.3 million nonperforming credit to an industrial company in Northern Indiana.
Cash dividend of $0.50 per share is payable May 5, 2025; the repurchase program runs through April 30, 2027 with $30.0 million of remaining authority.
Lazard reported first-quarter 2025 results on April 25, 2025. U.S. GAAP net revenue fell 15% from a year earlier to $648 million, while GAAP net income rose 69% to $60 million, or $0.56 per diluted share. On an adjusted basis, diluted EPS fell 15% to $0.56 from $0.66, and the company declared a $0.50 quarterly dividend.
Net revenue of $648 million was down 15% from $765 million; adjusted net revenue of $643 million was down 14%.
U.S. GAAP net income of $60 million, or $0.56 per diluted share, compared with $36 million, or $0.35, a year earlier; adjusted diluted EPS was $0.56 versus $0.66.
Ending assets under management were $227 billion at March 31, 2025, down 9% from $250 billion a year earlier.
Quarterly dividend of $0.50 per share, payable May 16, 2025, to holders of record on May 5, 2025.
Sphere Entertainment and its subsidiary MSG Networks signed a Transaction Support Agreement with lenders and the New York Knicks and Rangers to restructure MSG Networks' debt and amend the teams' media rights agreements. The filing says the transactions are to be implemented by June 27, 2025, and that the Company and its non-credit subsidiaries will not be obligated to fund the new term loan. The deal would lower the teams' rights fees but also grant MSG Sports penny warrants for 19.9% of MSG Networks' equity.
Sphere will make a $15 million capital contribution, and the borrower will make a minimum cash payment of $80 million to lenders at closing.
Existing credit facilities would be replaced by a new $210 million term loan maturing December 2029, bearing SOFR plus 5.00%, with $10 million quarterly amortization.
Annual rights fees would fall 28% for the Knicks and 18% for the Rangers, effective January 1, 2025, with contracts extended to the end of the 2028-29 season.
MSG Networks would issue penny warrants to MSG Sports exercisable for 19.9% of its equity interests.
Flagstar Financial reported a first-quarter 2025 GAAP net loss attributable to common stockholders of $108 million, or $0.26 per diluted share, compared with $0.47 per share in the fourth quarter of 2024 and $1.36 per share in the first quarter of 2024. Total revenues fell to $490 million and total non-accrual loans, including held-for-sale, rose to $3.3 billion, while operating expenses declined and the CEO said the company has set a path to profitability by the fourth quarter of 2025.
GAAP net loss attributable to common stockholders was $108 million, or $0.26 per diluted share, versus $196 million ($0.47) in Q4 2024 and $335 million ($1.36) in Q1 2024.
Total revenues were $490 million, down from $625 million in Q4 2024 and $633 million in Q1 2024; net interest income was $410 million.
Total non-accrual loans, including held-for-sale, were $3.3 billion, up $363 million or 12% from December 31, 2024, mostly tied to one borrower relationship.
CET1 capital ratio improved to 11.9% from 11.83% at December 31, 2024; the CEO cited a path to profitability by fourth quarter 2025.
Aon reported first-quarter 2025 results for the three months ended March 31, 2025. Total revenue rose 16% to $4.7 billion, helped by the NFP acquisition, while diluted EPS fell 17% to $4.43 and adjusted EPS was flat at $5.67. Aon reaffirmed its 2025 guidance and raised its quarterly dividend by 10%.
Total revenue rose 16% to $4.7 billion; Organic revenue growth was 5%.
Diluted EPS was $4.43 versus $5.35 a year earlier; adjusted EPS was $5.67 versus $5.66.
Operating income was $1.5 billion, flat versus the prior year; free cash flow fell 68% to $84 million.
Aon reaffirmed 2025 guidance and announced a 10% increase to its quarterly dividend.
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.