1,152 material Form 8-K filings that 918 companies we cover made with the SEC in October 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).
KBR reported third quarter fiscal 2025 results on October 30, 2025, with revenue of $1.9 billion, down $6 million, while net income attributable to KBR rose to $115 million and Adjusted EBITDA rose 10% to $240 million. The company lowered its fiscal 2025 revenue guidance to $7.75 billion-$7.85 billion from $7.9 billion-$8.1 billion, citing the pace of awards and bids won under protest that will not be resolved during the U.S. Government shutdown. For shareholders, higher profit is offset by a lower revenue forecast, while the Adjusted EBITDA, Adjusted EPS and operating cash flow guidance was unchanged.
Q3 revenue was $1,931 million, down $6 million from $1,937 million in the prior-year quarter.
Net income attributable to KBR was $115 million versus $100 million; diluted EPS was $0.90 versus $0.75.
Adjusted EBITDA was $240 million, up 10%, and Adjusted EPS was $1.02, up 21%.
Fiscal 2025 revenue guidance was cut to $7.75 billion-$7.85 billion; Adjusted EBITDA ($960 million-$980 million), Adjusted EPS ($3.78-$3.88) and operating cash flows ($500 million-$550 million) were unchanged.
Beacon Financial reported a third-quarter net loss of $56.3 million, or $0.64 per share, compared with net income of $22.0 million, or $0.25 per share, in the second quarter. The loss reflects $129.8 million in pre-tax one-time costs tied to the merger of equals with Brookline Bancorp, which took effect September 1, 2025; excluding those costs, operating earnings were $38.5 million, or $0.44 per diluted share. The board also approved a $0.3225 quarterly dividend.
Q3 2025 net loss of $(56.3) million, or $(0.64) per basic share, versus Q2 net income of $22.0 million, or $0.25 per share
Pre-tax one-time merger costs of $129.8 million; operating earnings of $38.5 million, or $0.44 per diluted share
Quarterly dividend of $0.3225 per share, payable November 24, 2025 to stockholders of record on November 10, 2025
Conference call scheduled for 1:30 PM Eastern Time on October 30, 2025
Envista reported third-quarter 2025 sales of $670 million, up 11.5% from a year earlier, and adjusted diluted EPS of $0.32 versus $0.12. The company posted a GAAP net loss of $30 million, driven by a tax charge tied to restructuring certain intercompany loans, and raised the low end of its full-year adjusted EPS guidance to $1.10 to $1.15.
Q3 2025 sales were $670 million, up from $601 million, with core sales growth of 9.4%.
GAAP net loss of $30 million, or $0.18 per diluted share, reflected a tax charge from restructuring certain intercompany loans; adjusted EPS was $0.32 versus $0.12.
Full-year 2025 adjusted diluted EPS guidance is $1.10 to $1.15, up from $1.05 to $1.15; core sales growth guidance is about 4%, up from 3% to 4%.
Repurchased 2.1 million shares for about $41 million in the quarter, leaving $108 million under the repurchase program.
Antero Resources reported third quarter 2025 net income of $76 million, compared with a net loss of $35 million a year earlier, and adjusted EBITDAX of $318 million, up 70% from the prior year period. The company raised its fourth quarter 2025 production guidance to 3.5 to 3.525 Bcfe/d after about $260 million of West Virginia acquisitions, and it increased its full year 2025 land budget to $125 million to $150 million.
Q3 2025 net income was $76 million vs. a net loss of $35 million in Q3 2024; adjusted net income was $48 million (non-GAAP).
Free Cash Flow was $91 million in Q3 2025 (non-GAAP), vs. negative $23 million a year earlier; net cash from operations was $310 million, up 87%.
Fourth quarter 2025 production guidance raised to 3.5 to 3.525 Bcfe/d; full year 2025 production expected at the high end of 3.4 to 3.45 Bcfe/d.
Company bought 1.5 million shares for about $51 million in Q3 and has about $915 million of remaining repurchase capacity.
WEX reported third-quarter 2025 revenue of $691.8 million, up 3.9%, and raised its full-year 2025 revenue and adjusted net income per diluted share guidance. GAAP net income fell 8.7% to $80.3 million, or $2.30 per diluted share, while adjusted net income rose 5.5% to $159.7 million, or $4.59 per diluted share. The same filing says the board added David Foss as a director effective November 3, 2025.
Q3 2025 revenue of $691.8 million, up 3.9%; GAAP net income of $80.3 million, down 8.7%
Full-year 2025 revenue guidance raised to $2.63 billion to $2.65 billion; adjusted EPS guidance raised to $15.76 to $15.96 from $15.37 to $15.77
Fourth-quarter 2025 revenue expected at $646 million to $666 million and adjusted EPS at $3.76 to $3.96
David Foss appointed to the board on October 26, 2025, effective November 3, 2025; the board increased to 12 members
Murphy USA reported third-quarter 2025 net income of $129.9 million, down from $149.2 million a year earlier, as lower fuel margins and a $12.6 million restructuring charge outweighed higher merchandise contribution. The company also named Mindy K. West as its next President and CEO effective January 1, 2026, succeeding Andrew Clyde, and approved a new $2.0 billion share repurchase authorization and a 19% dividend increase. For shareholders, the filing shows lower quarterly profit alongside larger planned capital returns and a 2025 outlook with some ranges raised and others, including fuel volume, lowered.
Q3 2025 net income was $129.9 million, or $6.76 per diluted share, versus $149.2 million, or $7.20 per diluted share, in Q3 2024; the quarter included a $12.6 million restructuring charge.
Mindy K. West becomes President and CEO effective January 1, 2026, succeeding R. Andrew Clyde, who retires from the CEO role and the Board on December 31, 2025.
The Board approved a new share repurchase authorization of up to $2.0 billion expiring December 31, 2030; $337 million remains under the current $1.5 billion program.
Quarterly dividend of $0.63 per share, a 19% increase from the prior quarter, is payable December 1, 2025 to holders of record as of November 10, 2025.
Essex Property Trust reported third-quarter 2025 Core FFO of $3.97 per diluted share, up 1.5% from $3.91 a year earlier and $0.03 above the midpoint of its guidance range. Net income per diluted share rose to $2.56 from $1.84, mainly due to gains on sale of real estate, and the company raised its full-year 2025 Core FFO and net income guidance midpoints.
Q3 2025 Core FFO per diluted share $3.97 vs. $3.91 in Q3 2024; nine-month Core FFO $11.96 vs. $11.68
Q3 2025 net income per diluted share $2.56 vs. $1.84; nine-month Total FFO per share $12.03 vs. $12.30, down 2.2%
Full-year 2025 Core FFO guidance raised $0.03 at midpoint to $15.89 to $15.99; net income guidance raised $0.41 at midpoint to $10.53 to $10.63
Q3 2025 same-property revenue grew 2.7% and NOI grew 2.4% year over year; earnings call set for October 30, 2025 at 11 a.m. PT
American Water reported third-quarter 2025 diluted earnings of $1.94 per share, up from $1.80 a year earlier, and year-to-date earnings of $4.47 per share, up from $4.17. The company affirmed its 2025 weather-normalized EPS guidance of $5.70 to $5.75 and initiated 2026 EPS guidance of $6.02 to $6.12, which it says reflects 8% growth at the midpoint, for shareholders to weigh alongside the pending merger with Essential Utilities.
Q3 2025 EPS $1.94 vs. $1.80 in Q3 2024; nine-month EPS $4.47 vs. $4.17
2025 weather-normalized EPS guidance of $5.70 to $5.75 affirmed, including about $0.10 per share of incremental interest income from the amended HOS note
2026 EPS guidance of $6.02 to $6.12 initiated; 2026-2030 capital plan of $19 to $20 billion
Essential Utilities merger expected to close by the end of Q1 2027, subject to regulatory approvals
Morningstar reported third-quarter 2025 revenue of $617.4 million, up 8.4%, and adjusted diluted earnings per share of $2.55, up 27.5%. GAAP diluted EPS fell 21.7% to $2.17 because the prior-year period included a gain from the sale of its Commodity and Energy Data business. The board also approved a new three-year buyback of up to $1 billion, effective October 31, 2025, which replaces the $500 million program the company completed in October.
Q3 reported revenue rose 8.4% to $617.4 million; organic revenue rose 9.0%.
Q3 operating income rose 10.6% to $127.8 million; adjusted operating income rose 15.6% to $150.6 million.
Q3 GAAP diluted EPS fell 21.7% to $2.17; the prior-year period had a $1.05 per-share gain from the Commodity and Energy Data sale.
New three-year share repurchase program authorizes up to $1 billion, effective October 31, 2025.
Silgan reported third quarter 2025 net sales of $2.01 billion, up 15%, and diluted EPS of $1.06, up from $0.93, with adjusted EPS of $1.22, up 1%. The company cut its full-year 2025 adjusted EPS estimate to $3.66 to $3.76 from $3.85 to $4.05, citing lower customer volume forecasts in North American personal and home care and higher tax and interest expense, which weighs on shareholder earnings expectations despite the stronger quarter.
Q3 2025 net sales $2.01 billion, up $263.6 million (15%) from $1.75 billion, driven mainly by the Weener acquisition and higher raw material pass-through costs
Q3 2025 net income $113.3 million, or $1.06 per diluted share, versus $100.1 million, or $0.93, a year earlier; adjusted EPS $1.22 versus $1.21
2025 adjusted EPS estimate lowered to $3.66 to $3.76 from $3.85 to $4.05; Q4 2025 adjusted EPS estimate of $0.62 to $0.72 versus $0.85 in Q4 2024
Company confirmed 2025 free cash flow estimate of $430 million and raised 2025 interest expense estimate to about $190 million from about $185 million
Service Corporation International reported third-quarter 2025 revenue of $1,058.1 million, up 4.4% from a year earlier, and adjusted diluted earnings per share of $0.87, up 10% from $0.79. The company raised its 2025 net cash provided by operating activities outlook excluding special items to $910 million to $950 million and narrowed its adjusted EPS guidance to $3.80 to $3.90, which keeps the $3.85 midpoint. Operating cash flow fell in the quarter because of higher cash taxes.
Q3 revenue was $1,058.1 million, up $44.1 million or 4.4% from $1,014.0 million in Q3 2024.
Diluted EPS was $0.83 (GAAP) versus $0.81; adjusted diluted EPS was $0.87 versus $0.79.
Q3 operating cash flow was $252.3 million versus $263.8 million, including an expected $11.1 million increase in cash taxes paid.
2025 cash flow outlook raised to $910 million to $950 million from $880 million to $940 million; adjusted EPS guidance narrowed to $3.80 to $3.90.
CVR Energy reported third quarter 2025 net income attributable to stockholders of $374 million, or $3.72 per diluted share, compared with a loss of $124 million, or $1.24 per share, a year earlier. The result includes a $488 million benefit from the EPA's August 2025 small refinery waiver decision, and net sales rose to $1,944 million from $1,833 million.
Net sales were $1,944 million, up from $1,833 million in the third quarter of 2024.
Adjusted earnings per diluted share were $0.40, compared with an adjusted loss of $0.50 a year earlier.
The $488 million gain reflects the EPA's August 22, 2025 waiver decision for Wynnewood Refining Company, LLC.
CVR Energy will not pay a cash dividend for the third quarter of 2025; the earnings call is October 30 at 1 p.m. Eastern.
C.H. Robinson reported third-quarter 2025 results, with income from operations up 22.6% to $220.8 million and diluted EPS up 67.5% to $1.34, while total revenues fell 10.9% to $4.1 billion, driven by lower ocean pricing and volume and the divestiture of its Europe Surface Transportation business. The company also furnished an update raising its 2026 operating income target and authorizing an additional $2 billion share buyback, which matters to shareholders because it signals a higher profit goal and more capital returned.
Total revenues decreased 10.9% to $4.1 billion; income from operations rose 22.6% to $220.8 million
Diluted EPS of $1.34 rose 67.5%; adjusted diluted EPS of $1.40 rose 9.4%
Global Forwarding revenues fell 31.1% to $786.3 million and segment income from operations fell 44.4% to $49.0 million
Additional $2 billion share buyback authorization and raised 2026 operating income target, announced October 29, 2025
Extra Space Storage reported third-quarter 2025 results, with net income of $0.78 per diluted share, down 14.3% from the prior year, including a $105.1 million loss on assets held for sale and sold. Core FFO was $2.08 per diluted share, up 0.5%, while same-store revenue fell 0.2% and same-store net operating income fell 2.5%. The company narrowed its 2025 Core FFO outlook to $8.12-$8.20 per share from $8.05-$8.25, raising the low end and lowering the high end.
Q3 2025 net income of $0.78 per diluted share, down from $0.91 a year earlier, including a $105.1 million loss on assets held for sale and sold
Q3 2025 Core FFO of $2.08 per diluted share, up 0.5% from $2.07
Same-store revenue down 0.2% and same-store NOI down 2.5% for the quarter; ending same-store occupancy of 93.7%
2025 Core FFO guidance of $8.12-$8.20 per share, versus $8.05-$8.25 given on July 30, 2025
Sun Communities reported third-quarter 2025 net income attributable to common shareholders of $8.5 million, or $0.07 per diluted share, down from $288.7 million, or $2.31 per diluted share, a year earlier. Core FFO per share was $2.28, compared with $2.36 in the same period of 2024, but the company raised its full-year 2025 Core FFO per share guidance by $0.04 to a range of $6.59 to $6.67.
Q3 net loss from continuing operations was $3.7 million, or $0.05 per diluted share, versus net income from continuing operations of $278.4 million a year earlier.
North America same property NOI for MH and RV rose 5.4% for the quarter, and adjusted blended occupancy reached 99.2%.
Full-year 2025 diluted EPS guidance is $10.25 to $10.33, and Q4 2025 Core FFO per share guidance is $1.31 to $1.39.
Management will hold an investor conference call at 2:00 p.m. ET on October 30, 2025.
Ventas reported third-quarter 2025 results with normalized FFO of $0.88 per share, up 10% from $0.80 a year earlier, and net income attributable to common stockholders of $66.0 million, versus $19.2 million in the prior-year quarter. The company raised its full-year 2025 guidance for normalized FFO per share to a range of $3.45 to $3.48 from $3.41 to $3.46, and lifted its senior housing investment volume expectation to $2.5 billion from $2.0 billion.
Q3 2025 total revenues were $1.49 billion, up from $1.24 billion in Q3 2024.
Q3 2025 same-store cash NOI for the senior housing operating portfolio (SHOP) grew 16% year over year, with same-store cash NOI margin up 200 basis points.
Full-year 2025 normalized FFO per share guidance midpoint rose to $3.47 from $3.44 as of July 30, 2025.
Net debt to further adjusted EBITDA improved to 5.3x at September 30, 2025, a 1.0x improvement from Q3 2024.
Encompass Health reported third-quarter 2025 net operating revenue of $1,477.5 million, up 9.4% from a year earlier, and adjusted earnings per share of $1.23, up from $1.03. The company raised its full-year 2025 guidance for adjusted EBITDA and adjusted EPS, and its revenue range was narrowed. Adjusted free cash flow fell 8.2% in the quarter, to $174.2 million.
Q3 2025 diluted EPS from continuing operations was $1.24, up from $1.07; adjusted EPS was $1.23, up from $1.03.
Q3 adjusted EBITDA was $300.1 million, up 11.4% from $269.3 million; adjusted free cash flow was $174.2 million, down from $189.7 million.
Full-year 2025 adjusted EPS guidance rose to $5.22 to $5.37 from $5.12 to $5.34; adjusted EBITDA guidance rose to $1,235 million to $1,255 million from $1,220 million to $1,250 million.
Full-year 2025 net operating revenue guidance was narrowed to $5,905 million to $5,955 million from $5,880 million to $5,980 million.
Rush Street Interactive reported third-quarter 2025 revenue of $277.9 million, up 20% from a year earlier, and net income of $14.8 million, up from $3.2 million. It also raised its full-year 2025 revenue and Adjusted EBITDA guidance, which matters to shareholders because it signals higher expected results for the year.
Q3 revenue was $277.9 million, up 20% from $232.1 million in Q3 2024.
Q3 net income was $14.8 million versus $3.2 million; diluted EPS was $0.06 versus $0.01.
Adjusted EBITDA was $36.0 million, up 54% from $23.4 million.
2025 revenue guidance was raised to $1.1 billion to $1.12 billion, and Adjusted EBITDA guidance to $147 million to $153 million.
UDR reported third-quarter 2025 net income of $0.12 per diluted share, up from $0.06 a year earlier, and FFO as Adjusted (FFOA) of $0.65 per diluted share, above its $0.62 to $0.64 guidance range. The company raised its full-year 2025 FFOA guidance to $2.53 to $2.55 and its net income guidance to $0.57 to $0.59, while updating FFO guidance to $2.44 to $2.46, which keeps the midpoint unchanged. For shareholders, the results and raised outlook point to stronger earnings than previously expected, though management noted more moderate lease rate growth to start the fourth quarter.
Q3 2025 total revenue rose 2.8% to $431.9 million; same-store NOI grew 2.3% year over year
Full-year 2025 FFOA guidance raised to $2.53 to $2.55 per diluted share from $2.49 to $2.55; net income guidance raised to $0.57 to $0.59 from $0.53 to $0.59
Agreed to acquire a 406-apartment community in suburban Metropolitan Washington, D.C., for approximately $147.0 million, expected to close in Q4 2025
Board appointed Richard B. Clark; the company repurchased about 651 thousand shares in Q3 for approximately $25.0 million
American Homes 4 Rent (AMH) reported third quarter 2025 results on October 29, 2025, with rents and other single-family property revenues up 7.5% year-over-year to $478.5 million and net income attributable to common shareholders of $99.7 million, or $0.27 per diluted share, versus $0.20 a year earlier. The company raised the midpoint of its full year 2025 Core FFO guidance by $0.01 per share to $1.87, which matters to shareholders because it signals higher expected per-share operating earnings for the year.
Q3 2025 rents and other single-family property revenues rose 7.5% to $478.5 million, from $445.1 million in Q3 2024.
Net income attributable to common shareholders was $99.7 million, or $0.27 per diluted share, versus $73.8 million, or $0.20, in Q3 2024.
Core FFO was $0.47 per share and unit, up 6.2% year-over-year; Adjusted FFO was $0.42, up 9.1%.
Full year 2025 Core FFO guidance is now $1.86 to $1.88 per share, up from $1.84 to $1.88, with the midpoint raised to $1.87.
Invitation Homes reported third-quarter 2025 revenue of $688 million, up 4.2% year over year, and diluted net income per share of $0.22, compared with $0.15 a year earlier. The company raised the midpoint of its full-year 2025 Core FFO per share guidance by one cent to $1.92 and also authorized a share repurchase program of up to $500 million. For shareholders, the higher earnings and guidance midpoints point to improved results, though Core FFO per share rose only 0.4% to $0.47.
Q3 2025 total revenues rose 4.2% to $688 million; net income available to common stockholders rose 43.5% to $136 million, or $0.22 per diluted share.
Core FFO per share rose 0.4% to $0.47 in Q3 2025; AFFO per share rose 0.1% to $0.38.
Full-year 2025 guidance midpoints raised: Core FFO per share to $1.92 (from $1.91), AFFO per share to $1.62 (from $1.61), and Same Store NOI growth to 2.25% (from 2.0%).
Board authorized a share repurchase program of up to $500 million; repurchases are at the company's discretion and not guaranteed.
GXO announced a leadership reshuffle that appoints Michael Jacobs, formerly of Ferguson Enterprises, as President of the Americas and Asia Pacific effective November 3, 2025, and creates a Chief Operating Officer role reporting to the CEO. Richard Cawston, Chief Revenue Officer and President of Europe, will depart in March 2026, and the company will report on the impact of the streamlined structure as the changes take effect.
Michael Jacobs joins as President, Americas & Asia Pacific, effective November 3, 2025, succeeding Jorge Guanter.
Richard Cawston agreed to depart as Chief Revenue Officer & President of Europe in March 2026; he will remain until a new Chief Commercial Officer is appointed.
UK & Ireland and Continental Europe regions, led by Gavin Williams and Paul Mohan, now report directly to the CEO.
Cawston's separation is subject to a settlement agreement with a general release, with two $500,000 payments tied to the second and third anniversaries of his termination date.
Kite Realty Group reported a third-quarter 2025 net loss attributable to common shareholders of $16.2 million, or $0.07 per diluted share, compared with net income of $16.7 million, or $0.08 per diluted share, a year earlier. The quarter included $39.3 million of impairment charges, while Core FFO rose to $0.52 per diluted share from $0.49, and the company raised its 2025 Core FFO guidance to $2.05 to $2.07 per diluted share.
Q3 2025 net loss attributable to common shareholders of $16.2 million, or $0.07 per diluted share, versus net income of $16.7 million, or $0.08, in Q3 2024; impairment charges were $39.3 million.
Q3 2025 Core FFO of the Operating Partnership was $116.3 million, or $0.52 per diluted share, versus $0.49 a year earlier.
2025 Core FFO guidance raised to $2.05 to $2.07 per diluted share from $2.02 to $2.06; NAREIT FFO guidance raised to $2.09 to $2.11 from $2.06 to $2.10.
Board declared a fourth quarter 2025 dividend of $0.29 per common share, up 7.4% year over year, payable on or about January 16, 2026.
MGM Resorts reported a third-quarter 2025 net loss attributable to the company of $285 million, compared with net income of $185 million a year earlier, driven mainly by a $256 million non-cash goodwill impairment tied to its decision to withdraw a Empire City gaming license application. Consolidated net revenues rose 2% to $4.3 billion and Adjusted EPS was $0.24 versus $0.54, while the company also signed a secured credit agreement for a JPY45.2 billion term loan that its filing says supports the MGM Osaka project.
Net revenues of $4.3 billion, up 2% year over year; diluted loss per share of $1.05 versus earnings of $0.61
Goodwill impairment of $256 million and about $93 million of other non-cash write-offs related to Empire City
Adjusted EPS of $0.24 versus $0.54; Consolidated Adjusted EBITDA of $506 million versus $574 million
Credit Agreement dated October 23, 2025 with Sumitomo Mitsui Banking Corporation provides a JPY45.2 billion term loan maturing in October 2030, subject to conditions
Mid-America Apartment Communities (MAA) reported third-quarter 2025 results with diluted earnings per share of $0.84, down from $0.98, and Core FFO per diluted share of $2.16, down from $2.21. It lowered its full-year 2025 earnings per share guidance to $4.18 to $4.30 from $5.25 to $5.49, and narrowed its Core FFO guidance to $8.68 to $8.80 from $8.65 to $8.89, which lowers the midpoint to $8.74 from $8.77.
Q3 2025 diluted EPS was $0.84 versus $0.98 in Q3 2024; Core FFO per diluted share was $2.16 versus $2.21.
Revised full-year 2025 EPS guidance is $4.18 to $4.30 (midpoint $4.24), down from $5.25 to $5.49 (midpoint $5.37).
Q3 2025 rental and other property revenues were $554.4 million, up from $551.1 million a year earlier.
The board declared its 127th consecutive quarterly common dividend, paid October 31, 2025; the current annual dividend rate is $6.06 per share.
Broadstone Net Lease reported third-quarter 2025 revenue of $114.2 million, up from $108.4 million a year earlier, and AFFO of $74.3 million, or $0.37 per diluted share, up 5.7%. GAAP net income fell 26.3% to $27.1 million, or $0.14 per diluted share, and the company raised its full-year 2025 AFFO per share guidance, which matters to shareholders because the outlook improved while reported profit declined.
Q3 2025 AFFO of $74.3 million, or $0.37 per diluted share, up 5.7% from the prior-year quarter.
Q3 2025 net income of $27.1 million, or $0.14 per diluted share, down 26.3%, mainly from a $10.1 million rise in interest expense and a $5.9 million rise in impairment provisions.
2025 AFFO guidance raised to $1.49 to $1.50 per diluted share from $1.48 to $1.50.
Quarterly dividend of $0.29 per share declared on October 23, 2025, payable on or before January 15, 2026.
EPR Properties reported third-quarter 2025 results with total revenue of $182.3 million, up 1.0% from a year earlier, and net income available to common shareholders per diluted share of $0.79, up from $0.53. The company raised the low end and lowered the high end of its 2025 FFOAA per diluted share guidance to $5.05 to $5.13, but cut its net income per diluted share guidance to $3.14 to $3.22 from $3.20 to $3.36, so shareholders see higher core earnings expectations alongside lower GAAP earnings expectations.
Q3 2025 FFOAA per diluted share was $1.37, up 5.4% from $1.30; AFFO per diluted share was $1.39, up 7.8%.
2025 FFOAA per diluted share guidance is now $5.05 to $5.13, versus $5.00 to $5.16 previously.
2025 net income per diluted share guidance was cut to $3.14 to $3.22 from $3.20 to $3.36.
Liquidity: $13.7 million cash and $379.0 million drawn on a $1.0 billion revolver at September 30, 2025; no scheduled debt maturities until August 2026.
Pitney Bowes reported third-quarter 2025 revenue of $460 million, down 8% from a year earlier, while GAAP net income swung to $52 million from a loss of $138 million in the prior-year quarter. The company now expects to land near the low end of its revenue, Adjusted EBIT and free cash flow guidance ranges, and near the midpoint for Adjusted EPS, and it raised its share repurchase authorization to $500 million.
Q3 revenue was $460 million, down 8% year over year; GAAP diluted EPS was $0.30 versus a loss of $0.75 a year earlier
Adjusted EPS was $0.31, up $0.10 year over year; Adjusted EBIT was $107 million, up $5 million
Full-year 2025 outlook: revenue, Adjusted EBIT and free cash flow near the low end of prior ranges; Adjusted EPS near the midpoint
Board raised the share repurchase authorization to $500 million after more than $280 million in year-to-date buybacks, and increased the quarterly dividend from $0.08 to $0.09 per share
Verra Mobility reported third-quarter 2025 revenue of $261.9 million, up 16%, and net income of $46.8 million, or $0.29 per diluted share, compared with $0.21 a year earlier. The company raised its 2025 revenue guidance, kept its Adjusted EBITDA, Adjusted EPS and Free Cash Flow guidance unchanged, and increased its share repurchase authorization to $250.0 million, though operating cash flow fell $31.1 million from the prior-year quarter.
Q3 2025 total revenue was $261.9 million, up from $225.6 million in Q3 2024, with the New York City red-light camera expansion cited as the main driver
Net income was $46.8 million, or $0.29 per diluted share, versus $34.7 million, or $0.21, a year earlier
2025 total revenue guidance raised to $955 million to $965 million from $925 million to $935 million; Adjusted EBITDA, Adjusted EPS and Free Cash Flow guidance reaffirmed
Board authorized an additional $150.0 million of buybacks on October 23, 2025, bringing the total available to $250.0 million through November 13, 2026
ServiceNow reported third-quarter 2025 total revenues of $3,407 million, up 22% year over year, and net income of $502 million, compared with $432 million a year earlier. The company raised its 2025 subscription revenue guidance, and its board approved a five-for-one stock split that requires shareholder approval at a December 5, 2025 special meeting.
Q3 2025 total revenues $3,407 million, up 22% year over year; subscription revenues $3,299 million, up 21.5%
Q3 2025 GAAP net income $502 million, or $2.40 per diluted share, versus $2.07 per diluted share a year earlier
Full-year 2025 GAAP subscription revenue guidance $12,835 million to $12,845 million; Q4 2025 subscription revenue guidance $3,420 million to $3,430 million
Five-for-one stock split approved by the board, subject to shareholder vote at a Special Meeting on December 5, 2025
Carlisle reported third-quarter 2025 revenue of $1.3 billion, up 1.0% year over year, while diluted EPS from continuing operations fell 6.2% to $4.97 and adjusted EPS fell 2.9% to $5.61. The company revised its 2025 outlook to flat full-year revenue and an adjusted EBITDA margin down 250 basis points from 2024, and raised its full-year share repurchase target to $1.3 billion.
Q3 revenue $1,346.9 million, up 1.0% from $1,333.6 million; operating income fell 7.1% to $293.9 million
Diluted EPS from continuing operations $4.97 vs $5.30 a year earlier; adjusted EPS $5.61 vs $5.78
2025 outlook revised to flat full-year revenue and adjusted EBITDA margin down 250 basis points but still in the mid-20s percent range
TransMedics reported third quarter 2025 revenue of $143.8 million, up 32% from $108.8 million a year earlier, and net income of $24.3 million, or $0.66 per diluted share, compared with $4.2 million, or $0.12 per diluted share, in the third quarter of 2024. The company raised the midpoint of its full year 2025 revenue guidance and narrowed the range to $595 million to $605 million, which shareholders will weigh against the prior range of $585 million to $605 million.
Q3 2025 total revenue of $143.8 million, up 32% from $108.8 million in Q3 2024
Q3 2025 net income of $24.3 million, or $0.66 per diluted share, versus $4.2 million, or $0.12, a year earlier
Full year 2025 revenue guidance narrowed to $595 million to $605 million, from $585 million to $605 million given on July 30, 2025
Gross margin was 59% in Q3 2025, compared with 56% in Q3 2024; cash was $466.2 million as of September 30, 2025
Glaukos reported third-quarter 2025 net sales of $133.5 million, up 38% from a year earlier, and cut its net loss to $16.2 million from $21.4 million. The company raised its 2025 net sales guidance to $490 million to $495 million and gave preliminary 2026 net sales guidance of $600 million to $620 million. For shareholders, revenue growth and the higher guidance are offset by the company still posting a GAAP net loss for the quarter.
Q3 2025 net sales were $133.5 million, up 38% from $96.7 million in Q3 2024 (37% on a constant currency basis).
Q3 2025 net loss was $16.2 million, or $0.28 per diluted share, versus a net loss of $21.4 million, or $0.39 per share, in Q3 2024.
2025 net sales guidance was raised to $490 million to $495 million, from $480 million to $486 million previously.
Preliminary 2026 net sales guidance is $600 million to $620 million; the company had $277.5 million in cash, short-term investments and restricted cash and no debt as of September 30, 2025.
AMERISAFE reported third-quarter 2025 results, with gross premiums written up 7.2% to $80.3 million, but net income fell 3.5% to $13.8 million and diluted EPS fell to $0.72 from $0.75. The Board also declared a $1.00 per share special dividend and a $0.39 regular dividend, payable December 12, 2025, which matters to shareholders as cash returned to them.
Gross premiums written rose 7.2% to $80.3 million in Q3 2025 versus Q3 2024.
Net income fell 3.5% to $13.8 million; diluted EPS was $0.72 versus $0.75.
Special dividend of $1.00 per share and regular dividend of $0.39 per share are payable December 12, 2025, to holders of record as of December 5, 2025.
Boot Barn reported fiscal second-quarter 2026 results for the quarter ended September 27, 2025, with net sales up 18.7% and diluted earnings per share of $1.37, compared with $0.95 a year earlier. The company also issued updated fiscal 2026 guidance, which supersedes its July 31, 2025 outlook, and raised its estimate of U.S. store potential to 1,200 stores from 900.
Net sales rose 18.7% to $505.4 million; same store sales increased 8.4%.
Net income was $42.2 million, or $1.37 per diluted share, versus $29.4 million, or $0.95, a year earlier.
Fiscal 2026 guidance: net income per diluted share of $6.75 to $7.15, and third-quarter per diluted share of $2.47 to $2.59.
Estimated U.S. store potential raised to 1,200 stores from 900; the company ended the quarter with 489 stores.
Independence Realty Trust reported third quarter 2025 net income available to common shares of $6.9 million, down from $12.4 million a year earlier, with EPS of $0.03 versus $0.05. Core Funds from Operations (CFFO) rose to $70.0 million, and CFFO per share held at $0.29, but the company lowered its full-year 2025 EPS guidance to $0.27 to $0.28 from $0.475 to $0.535, while FFO and CFFO per share guidance midpoints were unchanged.
Q3 2025 net income available to common shares was $6.9 million versus $12.4 million in Q3 2024; EPS was $0.03 versus $0.05.
Q3 2025 CFFO was $70.0 million versus $66.8 million; CFFO per share was $0.29 in both periods.
2025 EPS guidance is now $0.27 to $0.28, down from $0.475 to $0.535; the company said the change reflects fewer gains on sale from lower disposition volume.
Same-store NOI grew 2.7% in Q3 2025, and same-store occupancy at quarter end was 95.6%.
Allison Transmission reported third-quarter 2025 net sales of $693 million, down from $824 million a year earlier, with net income of $137 million versus $200 million and diluted EPS of $1.63 versus $2.27. The company revised its full-year 2025 guidance, now expecting net sales of $2,975 million to $3,025 million and Adjusted EBITDA of $1,090 million to $1,125 million, citing weaker North America On-Highway demand.
Q3 net sales were $693 million, versus $824 million in Q3 2024; North America On-Highway sales fell $130 million.
Q3 net income was $137 million and diluted EPS was $1.63, compared with $200 million and $2.27 a year earlier.
Full-year 2025 guidance revised: net income $620 million to $650 million and Adjusted EBITDA $1,090 million to $1,125 million.
Defense sales rose $25 million to $78 million; the company is still working to close its acquisition of Dana's Off-Highway business.
Waystar reported third-quarter 2025 revenue of $268.7 million, up 12% year over year, and net income of $30.6 million, or $0.17 per diluted share, compared with $5.4 million, or $0.03, a year earlier. The company also raised its full-year 2025 revenue and adjusted EBITDA guidance, which signals management's confidence in the rest of the year.
Q3 revenue was $268.7 million, up from $240.1 million in Q3 2024.
Q3 net income was $30.6 million, or $0.17 per diluted share, versus $5.4 million, or $0.03, a year earlier.
Full-year 2025 revenue guidance is $1.085 billion to $1.093 billion, and adjusted EBITDA guidance is $451 million to $455 million, both raised.
Q3 non-GAAP net income was $67.8 million, or $0.37 per diluted share.
CSX appointed Kevin Boone as executive vice president and chief financial officer, effective October 29, 2025, succeeding Sean Pelkey, who separated from the company the same day. The company also promoted Maryclare Kenney to senior vice president and chief commercial officer. The filing discloses no financial results, and Boone's compensation is unchanged.
Kevin Boone, previously executive vice president and chief commercial officer since June 2021, becomes CFO effective October 29, 2025
Sean R. Pelkey separated from his role as CFO on October 29, 2025; his severance is subject to a signed separation agreement and release
Maryclare T. Kenney, age 48, promoted to senior vice president and chief commercial officer, effective immediately
No changes to Boone's compensation arrangements in connection with his appointment
Flex reported second-quarter fiscal 2026 results for the quarter ended September 26, 2025, with net sales up 4% to $6.8 billion and record adjusted EPS of $0.79. GAAP EPS fell to $0.52 from $0.54 a year earlier, including $41 million of costs tied to a missile strike at its Ukraine facility. The company raised its full-year fiscal 2026 net sales, adjusted operating margin and adjusted EPS guidance, citing data center demand.
Q2 net sales were $6.8 billion, up 4%, and GAAP net income was $199 million versus $214 million a year earlier.
GAAP diluted EPS was $0.52 versus $0.54; adjusted EPS was $0.79 versus $0.64, a record for the company.
Fiscal 2026 guidance was raised to net sales of $26.7 billion to $27.3 billion and adjusted EPS of $3.09 to $3.17.
Third-quarter guidance calls for net sales of $6.65 billion to $6.95 billion and adjusted EPS of $0.74 to $0.80.
Gates Industrial Corporation plc reported third-quarter 2025 net sales of $855.7 million, up 3.0% from the prior-year period, and net income attributable to shareholders of $81.6 million, or $0.31 per diluted share, versus $47.6 million, or $0.18, a year earlier. The company raised its 2025 adjusted EPS guidance at the midpoint and announced a new $300 million share repurchase authorization, which runs through December 2026.
Q3 net sales of $855.7 million, up 3.0%; core sales growth of 1.7%
Net income attributable to shareholders of $81.6 million, or $0.31 per diluted share, versus $0.18 a year earlier
Adjusted EPS of $0.39 in Q3 versus $0.33 a year earlier; 2025 adjusted EPS guidance raised at the midpoint to $1.48 to $1.52
Board authorized up to $300 million in share repurchases, valid through December 2026
Oshkosh reported third-quarter 2025 net income of $196.2 million, or $3.04 per diluted share, up from $2.75 a year earlier, though sales fell 1.9% to $2.69 billion. The company lowered its 2025 adjusted earnings per share outlook to $10.50 to $11.00, down $0.50 at the low end, and cut its net sales expectation to $10.3 billion to $10.4 billion from $10.6 billion, which matters to shareholders because the lower outlook reflects weaker expected sales volume in the Transport and Access segments.
Q3 net income was $196.2 million, or $3.04 per diluted share, versus $2.75 a year earlier; results include a $0.30 per share benefit from resolving a multi-year U.S. federal income tax audit.
Q3 sales decreased $52.8 million, or 1.9%, to $2.69 billion, mainly due to lower Access segment sales volume.
2025 adjusted EPS outlook is $10.50 to $11.00, down $0.50 from prior guidance on the low end; net sales outlook is $10.3 billion to $10.4 billion versus $10.6 billion previously.
Board declared a quarterly cash dividend of $0.51 per share, payable December 1, 2025 to shareholders of record as of November 17, 2025.
Vita Coco reported third-quarter 2025 results on October 29, 2025, with net sales up 37% to $182 million and net income of $24 million, or $0.40 per diluted share, compared with $19 million and $0.32 a year earlier. The company raised its full-year 2025 net sales guidance to $580 million to $595 million and its adjusted EBITDA guidance to $90 million to $95 million, although gross margin fell to 38% from 39%.
Q3 net sales were $182 million, up 37%, with Vita Coco Coconut Water net sales up 42%.
Q3 net income was $24 million ($0.40 diluted EPS) versus $19 million ($0.32); adjusted EBITDA was $32 million versus $23 million.
Full-year 2025 guidance: net sales of $580 million to $595 million and adjusted EBITDA of $90 million to $95 million.
Gross margin was 38% versus 39%, reflecting higher finished goods and tariff costs; the company reported no debt and $204 million in cash as of September 30, 2025.
Clean Harbors reported third-quarter 2025 revenue of $1.55 billion and net income of $118.8 million, or $2.21 per diluted share, both up from the prior year. The company revised its full-year 2025 Adjusted EBITDA guidance to $1.155 billion to $1.175 billion, citing third-quarter performance that management described as lower than anticipated in Environmental Services, and raised its adjusted free cash flow guidance to $455 million to $495 million.
Q3 revenue was $1.55 billion versus $1.53 billion a year earlier; net income was $118.8 million, or $2.21 per diluted share, versus $2.12.
Q3 Adjusted EBITDA rose 6% to $320.2 million from $301.8 million.
Full-year 2025 Adjusted EBITDA guidance was revised to $1.155 billion to $1.175 billion; adjusted free cash flow guidance was raised to $455 million to $495 million.
The company plans a $210 million to $220 million facility to convert a re-refining byproduct into base oil, with commercial launch expected in 2028.
Fortive reported third-quarter 2025 revenue of $1.03 billion, up 2.3% year over year, with adjusted diluted EPS of $0.68, up 15.3%. The company raised its full-year 2025 adjusted diluted EPS guidance to $2.63 to $2.67 from $2.50 to $2.60, and executed $1 billion of share repurchases, about 6% of diluted shares outstanding. Operating cash flow and free cash flow declined in the quarter, and the GAAP net earnings figure of $55 million reflects a $62 million loss from discontinued operations.
Q3 2025 revenue was $1.03 billion, up 2.3%; core revenue rose 1.9%
GAAP diluted EPS was $0.35, up 9.4%; adjusted diluted EPS was $0.68, up 15.3%
Full-year 2025 adjusted diluted EPS guidance raised to $2.63 to $2.67 from $2.50 to $2.60
Share repurchases totaled $1 billion, comprising 21 million shares
Fiserv appointed Paul M. Todd as Chief Financial Officer effective October 31, 2025, succeeding Robert W. Hau, who will become Special Advisor. The company also said its common stock and senior notes will move from the NYSE to Nasdaq on or about November 11, 2025, and that two directors, Doyle R. Simons and Kevin M. Warren, will retire from the board effective January 1, 2026.
Paul M. Todd becomes CFO effective October 31, 2025; his offer letter sets a $750,000 annual base salary and a $750,000 cash incentive target.
Dhivya Suryadevara and Takis Georgakopoulos were named Co-Presidents effective December 1, 2025; Suryadevara receives a $2,100,000 cash sign-on payment.
Common stock and notes are expected to stop trading on the NYSE at market close on or about November 10, 2025, and begin trading on Nasdaq as FISV on or about November 11, 2025.
Directors Doyle R. Simons and Kevin M. Warren will retire from the board effective January 1, 2026.
The Chefs' Warehouse reported third-quarter 2025 results for the thirteen weeks ended September 26, 2025, with net sales up 9.6% and GAAP diluted earnings of $0.44 per share, compared with $0.34 a year earlier. The company also raised its fiscal 2025 guidance for net sales, gross profit and adjusted EBITDA, which points to higher expected full-year results for shareholders.
Net sales rose 9.6% to $1,021.3 million from $931.5 million a year earlier
GAAP net income was $19.1 million, or $0.44 per diluted share, versus $14.1 million, or $0.34, in Q3 2024
Adjusted EBITDA was $65.1 million versus $54.5 million; adjusted net income per share was $0.50 versus $0.36
Fiscal 2025 guidance raised: net sales of $4.085 billion to $4.115 billion and adjusted EBITDA of $247 million to $253 million
Verisk reported third-quarter 2025 revenue of $768 million, up 5.9%, and diluted EPS of $1.61, up 4.5%. It lowered its full-year 2025 total revenue outlook to $3,050–$3,080 million from the $3,090–$3,130 million range it set in July, and kept its diluted adjusted EPS outlook at $6.80–$7.00. The FTC also issued a Second Request on the pending AccuLynx acquisition.
Q3 revenue of $768 million, up 5.9% (5.5% on an organic constant currency basis); the CFO cited a historically low level of severe weather that reduced growth by about 1%.
Diluted EPS of $1.61, up 4.5%; diluted adjusted EPS of $1.72, up 3.0%.
Full-year 2025 total revenue outlook lowered to $3,050–$3,080 million from $3,090–$3,130 million in July.
On October 22, 2025, Verisk and AccuLynx each received an FTC Second Request on the proposed transaction.
Fiserv reported third-quarter 2025 results, with GAAP revenue up 1% to $5.26 billion and adjusted EPS down 11% to $2.04, while GAAP EPS rose 49% to $1.46 against a prior-year quarter that included a $570 million non-cash impairment charge. The company set 2025 guidance of 3.5% to 4% organic revenue growth and adjusted EPS of $8.50 to $8.60, and CEO Mike Lyons described the outlook as a guidance reset tied to a new One Fiserv action plan. Shareholders also face a leadership change, with Paul Todd named CFO effective October 31, 2025.
Q3 2025 GAAP revenue rose 1% to $5.26 billion; adjusted EPS fell 11% to $2.04 from $2.30
Q3 GAAP EPS was $1.46 versus $0.98; prior-year quarter included a $570 million non-cash impairment charge
2025 outlook: organic revenue growth of 3.5% to 4% and adjusted EPS of $8.50 to $8.60
Paul Todd appointed CFO effective October 31, 2025, succeeding Bob Hau; Takis Georgakopoulos and Dhivya Suryadevara named Co-Presidents effective December 1, 2025
Hayward Holdings reported third quarter fiscal 2025 net sales up 7% to $244.3 million, net income up 46% to $24.0 million, and diluted EPS of $0.11, up 57% from the prior-year quarter. The company raised its full-year 2025 net sales and Adjusted EBITDA guidance, which points to stronger expected results for shareholders.
Q3 net sales rose 7% to $244.3 million; Adjusted EBITDA rose 16% to $59.1 million
Full-year 2025 net sales guidance raised to $1.095 billion to $1.110 billion, from $1.070 billion to $1.100 billion
Full-year 2025 Adjusted EBITDA guidance raised to $292 million to $297 million, from $280 million to $290 million
Cash and cash equivalents were $428.7 million as of September 27, 2025; net leverage was 1.8x per the CEO
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.