Earnings Digest - 2025-04-28
24 earnings (1B+) released earnings today
ABCB
Ameris Bancorp reported first quarter 2025 results on April 28, 2025, with net income of $87.9 million ($1.27 per diluted share), up from $74.3 million ($1.08 per share) a year ago.
Adjusted earnings per share were $1.28, beating analyst estimates of $1.15; revenue net of interest expense was $286.8 million, above the $278.8 million estimate.
Tangible book value grew 12.5% annualized to $39.78 per share; tangible common equity ratio increased to 10.78% from 9.71% a year earlier.
Net interest margin rose to 3.73%, helped by lower deposit costs; noninterest-bearing deposits made up 30.8% of total deposits.
Retail mortgage open pipeline increased to $771.6 million; shareholders’ equity rose 1.9% to $3.82 billion since December 31, 2024.
AMKR
S&P Global Ratings conducted an annual review of Amkor Technology Inc. on May 23, 2024, which could impact the company's credit rating.
Amkor will present at the Goldman Sachs Global Semiconductor Conference on May 29, 2024, with a webcast of their presentation.
Amkor participated in the Semiconductor Advanced Technology Innovation Development And Opportunities Conference on May 22-23, 2024, discussing chiplets, system integration, and advanced IC packaging.
ARE
Alexandria Real Estate Equities (ARE) increased its quarterly cash dividend to $1.30 per share for Q2 2024, up $0.03 from the previous quarter, payable July 15, 2024.
The total dividend for the 12 months ending June 30, 2024, is $5.08 per share, a 5% increase over the prior year.
ARE signed a 10-year lease for 127,382 square feet with a top 20 pharmaceutical company at its San Diego campus, expanding the tenant's local footprint by nearly 53%.
The new lease brings the 10075 Barnes Canyon Road development to 70% leased and Alexandria’s San Diego under-construction mega campus projects to 94% leased.
As of March 31, 2024, ARE had a market capitalization of $34.4 billion, an asset base of 74.1 million square feet, and expects to generate $2.1 billion in net cash for reinvestment over the five years ending December 31, 2024.
ARLP
Alliance Resource Partners reported Q1 2025 earnings on April 28, 2025: revenue was $540.5 million, net income was $74.0 million, and Adjusted EBITDA was $159.9 million.
Compared to Q4 2024, net income rose by $57.7 million and Adjusted EBITDA increased by $36.0 million, but revenue dropped 17.1% and net income fell from $158.1 million year-over-year due to lower coal sales and prices.
Coal sales volumes decreased 10.4% year-over-year to 7.77 million tons, and the average coal sales price per ton dropped 6.9% to $60.29.
The company added 17.7 million tons of contract commitments for 2025–2028 and expects over 96% of 2025 coal sales volumes to be committed and priced.
ARLP maintained its quarterly cash distribution at $0.70 per unit and ended the quarter with $514.3 million in liquidity and $484.1 million in total debt.
BKU
BankUnited reported Q1 2025 earnings on April 28, 2025, with net income of $58.5 million ($0.78 per share), beating the $0.74 analyst forecast but down from last quarter’s $0.91 per share.
Total deposits rose by $192 million, with non-brokered deposits up $719 million (3.2%) and non-interest bearing demand deposits up $453 million (5.9%).
Wholesale funding fell by $1.1 billion, and the loan to deposit ratio declined to 85.5% from 87.2%.
Total loans dropped by $308 million, mainly from declines in core CRE and C&I segments.
The Board increased the quarterly dividend by 7% to $0.31 per share.
BRO
Brown & Brown reported Q1 2025 results on April 28, 2025, with total revenues of $1.4 billion, up 11.6% year-over-year but slightly below estimates.
Diluted net income per share was $1.15, beating analyst expectations; adjusted diluted net income per share rose 13.2% to $1.29.
Net income grew 13.0% to $331 million, and organic revenue increased by 6.5%.
Adjusted EBITDAC rose 14.8% to $535 million; margin improved to 38.1% from 37.0% last year.
A quarterly cash dividend of $0.15 per share was declared, payable May 21, 2025.
BRX
Brixmor Property Group reported Q1 2025 earnings on April 28, with net income of $0.23 per diluted share, down from $0.29 last year.
Nareit FFO rose 3.7% to $0.56 per diluted share; same property NOI increased 2.8%.
The company signed 1.3 million square feet of new and renewal leases, with new lease rent spreads at 47.5% and total leased occupancy at 94.1%.
Issued $400 million of 5.200% Senior Notes due 2032 to repay debt and for general purposes; liquidity stood at $1.4 billion as of March 31.
Brixmor reaffirmed its 2025 Nareit FFO guidance of $2.19–$2.24 per diluted share and NOI growth expectations of 3.5%–4.5%.
CCK
Crown Holdings reported Q1 2025 earnings on April 28, 2025, with diluted EPS rising to $1.65 from $0.56 in Q1 2024.
Adjusted diluted EPS grew 64% to $1.67, and net sales increased to $2,887 million from $2,784 million last year.
Segment income rose 29% to $398 million, and net income jumped to $193 million from $67 million.
The company returned $233 million to shareholders, including $203 million in share repurchases.
Full-year 2025 adjusted EPS guidance was raised to $6.70–$7.10, with projected free cash flow of about $800 million.
CDNS
Cadence Design Systems announced Q1 2025 financial results on April 28, 2025, with revenue of $1.242 billion, up 23% year-over-year and above guidance.
Q1 non-GAAP operating margin was 41.7%, and non-GAAP EPS was $1.57, a 34% increase from last year.
Updated 2025 outlook: revenue expected between $5.15–$5.23 billion, non-GAAP operating margin at 43.25%–44.25%, and non-GAAP EPS at $6.73–$6.83.
Cadence will use at least 50% of annual free cash flow for share repurchases and projects $1.6–$1.7 billion in operating cash flow for 2025.
Expanded partnerships with TSMC and NVIDIA to advance AI and chip design, including certified solutions for TSMC's A16/N2P technologies and accelerated AI workloads with NVIDIA's Grace Blackwell platform.
CDP
CD PROJEKT announced FY 2024 earnings on March 25, 2025, showing strong results from ongoing sales of older games.
Cyberpunk 2077 and its expansion, Phantom Liberty, hit new sales milestones.
Cyberpunk 2077: Ultimate Edition will launch on Mac devices with Apple Silicon.
The Witcher 4 has started full-scale production and its first cinematic trailer debuted at The Game Awards 2024.
CINF
On April 28, 2025, Cincinnati Financial reported a net loss of $90 million ($0.57 per share) for Q1 2025, compared to net income of $755 million ($4.78 per share) in Q1 2024.
The loss was mainly due to a $356 million increase in after-tax catastrophe losses from wildfires and storms.
Non-GAAP operating loss was $37 million ($0.24 per share), versus operating income of $272 million ($1.72 per share) last year.
Net written premiums grew 11%, with commercial lines up 8% and new business premiums rising 12%.
Investment income rose 14%, but book value per share fell by $1.33 to $87.78, and parent company cash dropped 4% since year-end.
CNO
On May 7, 2024, CNO Financial Group reported Q1 2025 net income of $13.7 million ($0.13 per share), down from $112.3 million ($1.01 per share) in Q1 2024, mainly due to accounting impacts from market volatility.
Net operating income (excluding non-economic impacts) rose to $81.1 million ($0.79 per share) from $57.5 million ($0.52 per share) last year.
Q1 2025 revenue was $1 billion; CNO reaffirmed its full-year 2025 and three-year ROE guidance.
Business highlights: 12% increase in annuity premiums, 16% rise in client assets, 9% growth in Health new annualized premiums (24% for Medicare Supplement), 11% growth in Worksite NAP, and an 8% increase in producing agents.
CNO returned $116.8 million to shareholders in Q1 2025 and reported a book value per share of $25.33 as of March 31, 2025.
CR
Carrier Transicold launched upgrades to its Electric Vector TRU Family at ACT 2025 on April 23, 2025.
Carrier was named one of America's Climate Leaders by USA Today for the second year in a row, announced April 22, 2025.
Carrier Japan introduced Abound HVAC Performance, a new solution for comfort and equipment health, on April 24, 2025.
CVI
CVR Energy reported first quarter 2025 results on April 28, 2025, with a net loss of $123 million and an EBITDA loss of $61 million; adjusted EBITDA was $24 million.
Revenue for Q1 2025 was $1.65 billion, beating analyst expectations but down 11.6% from last year.
The refining segment posted a net loss of $160 million, impacted by downtime at the Coffeyville refinery; throughput dropped to 120,000 barrels per day from 196,000 last year.
The nitrogen fertilizer segment improved, with net income rising to $27 million from $13 million; CVR Partners declared a $2.26 per unit cash distribution.
CVR Energy will not pay a cash dividend for Q1 2025; cash on hand was $695 million at March 31, 2025, after raising $318 million from a term loan and $90 million from a pipeline sale.
CX
On March 25, 2025, CEMEX reported record 2024 financial results: EBITDA of US$3,079 million and Net Income of US$939 million.
CEMEX reduced its Scope 1 and Scope 2 CO2 emissions by 15% and 17% respectively, compared to 2020.
Jaime Muguiro will become CEO on April 1, 2025, succeeding Fernando A. González as part of a planned leadership transition; a new U.S. president also started on the same date.
CEMEX completed the sale of its operations in the Dominican Republic and Haiti for $950 million.
CEMEX Ventures invested in OPTIMITIVE, a Spanish company specializing in advanced analytics and AI for energy-intensive industries.
DPZ
Domino's Pizza reported Q1 2025 earnings on April 28, 2025, with EPS of $4.33, beating estimates and up 21% from last year.
Quarterly revenue was $1.11 billion, missing the $1.13 billion forecast.
Global retail sales rose 4.7% year-over-year to $4.46 billion, driven by 3.7% international same-store sales growth.
U.S. comparable sales fell 0.5%, with company-owned stores dropping 2.9% and gross margin down 1.5% due to higher food costs.
Domino's announced a new partnership with DoorDash on April 2, 2025, ending UberEats' exclusivity and aiming to reach new customers through the DoorDash app.
EFSC
No significant news found or summary could not be generated.
FFIV
F5, Inc. (FFIV) reported Q2 FY2025 results on April 28, 2025, with revenue of $731 million, beating expectations and up 7% year-over-year.
GAAP operating margin improved to 26.8%, and non-GAAP earnings per share rose to $3.84 from $3.43 last year.
The company raised its FY2025 revenue growth guidance to 6-7% and non-GAAP earnings growth expectations to 6.5-8.5%.
F5 announced new cybersecurity features for its platform, including AI and modern app protection, and expanded its global presence with a new location in Indonesia.
For Q3 FY2025, F5 expects revenue of $705-$725 million and non-GAAP EPS of $3.02-$3.14.
FMX
Fomento Económico Mexicano (FMX) reported Q1 2025 earnings on April 28, 2025.
Total revenue rose 11.1% year-over-year to Mex$197.98B, beating estimates.
Earnings per share were Mex$16.70, slightly below the Mex$16.71 analyst estimate.
Coca-Cola FEMSA revenue grew 10% and operating income rose 7.4%, helped by higher volumes and favorable currency in South America.
The Health Division saw revenue jump 21% and operating income up 27.4%.
Proximity Americas revenue increased 6.8%, but operating income fell 11.8% and same-store sales dropped 1.8%.
Digital services expanded, with Spin by OXXO users up 20.9% to 8.9 million and Spin Premia users up 15.9% to 25.2 million.
GABC
German American Bancorp reported Q1 2025 earnings on April 28, 2025, with net income of $10.5 million ($0.30 per share), down 62% from last quarter due to $5.9 million in merger expenses and a $16.2 million credit loss provision from the Heartland BancCorp acquisition.
Adjusted net income, excluding acquisition-related costs, was $27.3 million ($0.79 per share), similar to last quarter.
The Heartland acquisition increased total assets to $8.42 billion, loans by $1.52 billion, and deposits to $7.10 billion as of March 31, 2025.
Net interest margin rose 42 basis points to 3.96%, and non-interest income grew 5%, both mainly from the Heartland deal.
The board declared a $0.29 per share quarterly dividend (payable May 20, 2025) and the company ranked second on Forbes' America's Best Banks 2025 list.
GGB
Gerdau S.A. reported Q1 2025 earnings on April 28, 2025, with adjusted EBITDA of R$2.4 billion, nearly 15% lower year-over-year.
Total net revenue was R$17.38 billion, above analyst expectations; North American sales rose over 16% while Brazilian sales fell 3.5%.
Adjusted net profit dropped 39% to R$758 million compared to Q1 2024.
Gerdau announced a dividend of R$0.12 per share and repurchased 9.4 million shares, about 15% of its 2025 Buyback Program.
The company launched a hot-rolled coil mill expansion in Brazil and completed the acquisition of the remaining stake in Gerdau Summit.
HLIT
Harmonic Inc. reported Q1 2025 financial results on April 28, 2025.
Revenue was $133.1 million, up from $122.1 million last year and above the $127.51 million estimate.
GAAP net income was $5.9 million ($0.05 per share), reversing a $8.1 million loss last year.
Non-GAAP net income rose to $13.4 million ($0.11 per share) from $0.4 million.
Cash balance at quarter end was $149 million.
INMD
InMode reported Q1 2025 earnings on April 28, 2025, with revenue of $77.9 million, down 3% from last year and below the $82.21 million estimate.
Q1 2025 GAAP net income fell to $18.2 million ($0.26 per share) from $23.7 million ($0.28 per share) a year ago; non-GAAP net income was $21.4 million ($0.31 per share), down from $27.7 million ($0.32 per share).
Q1 2025 non-GAAP gross margin dropped to 79% (from 80% last year), and non-GAAP operating margin fell to 23% (from 27%).
InMode completed a $127 million share repurchase in April 2025 and has returned over $412 million to shareholders in the past year.
The company lowered its 2025 guidance for non-GAAP gross margin (78%-80% from 80%-82%), non-GAAP operating income ($101M-$106M from $130M-$135M), and EPS ($1.64-$1.68 from $1.95-$1.99), citing patient treatment deferrals and cautious provider spending.
MBIN
Merchants Bancorp reported Q1 2025 earnings on April 28, 2025, with net income of $58.2 million and earnings per share of $0.93, both down from last year and last quarter.
Earnings per share missed analyst expectations ($0.93 vs. consensus of $1.22–$1.25).
Total revenue was $145.9 million, down 13% from last year and below estimates.
Declines were due to lower gains from loan sales, worse asset quality, and negative adjustments to servicing rights and derivatives.
Allowance for credit losses rose 10% to $83.4 million, and non-performing loans increased to 2.73% of total loans (up from 1.22% last year).
NE
Valaris announced on April 1, 2025, a two-year contract for its drillship VALARIS DS-10 with an undisclosed oil and gas company for offshore West Africa.
The contract includes two additional unpriced one-year extension options.
VALARIS DS-10 had been idle in Las Palmas, Spain, before this contract.
The drillship can operate in water depths up to 12,000 feet and drill as deep as 40,000 feet.
Valaris will release its first quarter 2025 earnings and hold a conference call on April 28, 2025.
NOV
NOV Inc. announced Q1 2025 results on April 28, 2025: revenue was $2.10 billion, down 2% from Q1 2024.
Net income fell 39% year-over-year to $73 million; earnings per share were $0.19.
Operating profit was $152 million, down 6%; adjusted EBITDA increased 5% to $252 million.
New orders rose to $437 million, up $47 million from Q1 2024; backlog in the Energy Equipment segment reached $4.41 billion, up $458 million year-over-year.
The company highlighted strong execution in offshore production and new technology adoption, including successful DBA technology field tests and a new pipe contract.
NTST
Netlist (NLST) reported full year and Q4 2024 financial results on March 27, 2025.
2024 revenue grew 113% to $147.6 million; gross profit rose 21% to $2.9 million.
Net loss for 2024 was $53.8 million ($0.21 per share); Q4 net loss was $12.7 million ($0.05 per share).
Company won a second unanimous jury verdict against Samsung, bringing total damages awarded to $421 million.
Netlist launched new Lightning memory products and MRDIMM products; expects growth from high-bandwidth memory and DDR5 trends but sees short-term demand weakness in early 2025.
NUE
Nucor (NUE) reported Q1 2025 results on April 28, 2025, with earnings per share of $0.77, missing analyst estimates by $0.02.
Quarterly revenue was $7.83 billion, beating expectations of $7.23 billion.
On April 24, 2025, Nucor promoted Thomas J. Batterbee to Executive Vice President and appointed Elizabeth Bledsoe as President of Human Resources and Talent.
NWBI
Northwest Bancshares announced first quarter 2025 results on April 28, 2025, with net income rising to $43 million ($0.34 per share) from $29 million ($0.23 per share) a year ago.
Total revenue increased by 19% compared to the first quarter of 2024, and net interest margin improved to 3.87%.
The company reported its third straight quarter of reduced funding costs, with interest expense down $4 million and cost of interest-bearing liabilities falling to 2.15%.
Annualized return on equity rose to 10.90% and return on assets to 1.22%, both up from the prior year.
All regulatory and shareholder approvals have been received for the merger with Penns Woods Bancorp, including approvals from the FDIC and Pennsylvania Department of Banking and Securities.
NXPI
NXP Semiconductors reported Q1 2025 financial results on April 28, 2025, with revenue of $2.84 billion, matching guidance.
Cash flow from operations was $565 million; non-GAAP free cash flow was $427 million after $138 million in capital expenditures.
Returned $561 million to shareholders through $303 million in share buybacks and $258 million in dividends; repurchased an additional $90 million in shares between March 31 and April 25, 2025.
Company expects revenue and earnings to decline in Q2 2025.
CEO said the business faces uncertainty due to tariffs and market volatility.
OPRA
Opera Limited announced Q1 2025 results on April 28, 2025, with revenue of $142.7 million, up 40% year-over-year.
Adjusted EBITDA was $32.3 million, with a 23% margin.
Monthly active users reached 293 million; annualized ARPU rose 45% to $1.94.
Advertising revenue grew 63% to $95.6 million (67% of total); search revenue increased 8% to $46.6 million (33% of total).
Opera raised 2025 full-year guidance to $567–$582 million in revenue and $135–$140 million adjusted EBITDA; Q2 2025 revenue expected at $134–$138 million.
PCH
PotlatchDeltic reported Q1 2025 results on April 28, 2025, with net income of $25.8 million ($0.33 per share) and revenue of $268.3 million, both above expectations.
The company turned around from a net loss of $0.3 million in Q1 2024 and beat analyst EPS estimates of $0.17.
Total Adjusted EBITDDA was $63.4 million with a 23.6% margin, helped by improved Timberlands and Wood Products performance.
The Waldo, Arkansas sawmill ramp-up was completed, boosting production and lowering manufacturing costs.
PotlatchDeltic had $447 million in liquidity and repurchased 93,100 shares for $4.1 million during the quarter.
RIG
On April 17, 2025, Transocean Ltd. rescheduled its Q1 2025 earnings conference call to 10 a.m. EDT on April 29, 2025, due to a scheduling conflict.
The Q1 2025 earnings report will be released on April 28, 2025.
Participants can join the call by dialing +1 785-424-1619 with conference code 119877, or listen online at www.deepwater.com.
A replay will be available after 12 p.m. EDT on April 29, 2025, via phone and the company’s website for about 30 days.
RMBS
Rambus reported Q1 2025 earnings on April 28, 2025, with GAAP revenue of $166.7 million, beating the $161.5 million estimate and up from $117.9 million last year.
Record quarterly product revenue reached $76.3 million, a 52% increase from $50.4 million a year ago; licensing billings were $73.3 million.
GAAP diluted net income per share was $0.56 (up from $0.30 last year), matching analyst expectations; adjusted EPS was $0.59.
Cash from operations was $77.4 million, with total cash and equivalents at $514.4 million as of March 31, 2025.
For Q2 2025, Rambus expects revenue between $167 million and $173 million and non-GAAP EPS between $0.57 and $0.64.
ROP
Roper Technologies reported Q1 2025 earnings on April 28, 2025: revenue rose 12% to $1.88 billion, with adjusted net earnings up 9% to $517 million, but GAAP net earnings fell 13% to $331 million.
Adjusted diluted earnings per share (DEPS) increased 8% to $4.78, while GAAP DEPS dropped 14% to $3.06.
Roper completed the acquisition of CentralReach on April 23, 2025.
The company raised its full-year 2025 guidance: adjusted DEPS now expected at $19.80–$20.05 and total revenue growth at about 12%.
Roper is considering selling its Neptune Technology Group division, which could be valued up to $4 billion.
RVTY
Revvity announced first quarter 2025 results on April 28, 2025, with GAAP earnings per share of $0.35, up from $0.21 last year.
Adjusted earnings per share were $1.01, beating expectations; revenue was $665 million, up 2% from last year.
By segment: Life Sciences revenue grew 1% to $340 million; Diagnostics revenue grew 3% to $324 million.
Revvity reaffirmed its full-year adjusted EPS outlook of $4.90 to $5.00 and slightly raised its revenue outlook to $2.83–$2.87 billion.
The company declared a quarterly dividend of $0.07 per share (announced April 24, 2025) and continued its share repurchase program.
SANM
Sanmina announced Q2 fiscal 2025 results on April 28, 2025, with revenue of $1.98 billion, beating estimates of $1.96 billion.
GAAP diluted EPS was $1.16 (above estimate of $1.02); non-GAAP diluted EPS was $1.41 (above estimate of $1.38).
The company’s operating margin was 4.6% GAAP and 5.6% non-GAAP; generated $157 million in cash flow from operations and $126 million in free cash flow.
Sanmina repurchased 1.03 million shares for $84 million and ended the quarter with $647 million in cash.
For Q3, Sanmina expects revenue of $1.925–$2.025 billion and non-GAAP EPS of $1.35–$1.45.
SBAC
SBA Communications will release its first quarter 2025 results on Monday, April 28, 2025, after the market closes.
The company will hold a conference call to discuss the results on the same day.
SEB
SEB entered a silent period for Q2 2024 on July 1, ending July 16, with no financial updates until the Q2 report is released on July 16, 2024.
SEB completed a SEK 2 billion Class A share buyback program on July 15, 2024.
SJW
On April 28, 2025, SJW Group reported first quarter financial results with diluted EPS of $0.49, up 36% from last year, and adjusted diluted EPS of $0.50, up 39%.
Net income rose 41% to $16.6 million, while operating revenue increased 12% to $167.6 million, mainly due to rate hikes and higher customer usage.
Operating expenses grew 8% to $131.7 million, primarily from increased water and groundwater costs.
The company invested $78.2 million in infrastructure and reaffirmed its 2025 adjusted diluted EPS guidance of $2.90 to $3.00.
SJW Group appointed Kay R. New as Chief Human Resources Officer on April 21, 2025, and declared a quarterly dividend of $0.42 per share, marking the 57th consecutive year of dividend increases.
SSD
On April 28, 2025, Simpson Manufacturing reported first quarter 2025 net sales of $538.9 million, up 1.6% from last year, despite a 4.5% drop in U.S. housing starts.
Net income per diluted share was $1.85, up 4.5% year-over-year and above the forecasted $1.65.
Operating income rose 6.5% to $102.3 million, with an improved operating margin of 19.0%.
North American sales increased 3.4% to $420.7 million; European sales fell 5.1% to $113.9 million.
The company repurchased 146,640 shares for $25 million, with $75 million still available for repurchases through the end of 2025.
TER
Teradyne reported Q1 2025 earnings on April 28, 2025, with adjusted EPS of $0.75, beating the estimated $0.62 and last year's $0.51.
Net revenue for Q1 was $685.7 million, up 14% from last year and exceeding the forecasted $681.1 million.
The Semiconductor Test segment earned $543 million, higher than the expected $506.9 million.
Teradyne expects Q2 2025 adjusted EPS between $0.41 and $0.64 and revenue between $610 million and $680 million.
The company partnered with ficonTEC to launch a new wafer probe test cell for silicon photonics and will showcase new AI-powered automation at Automate 2025.
TWO
Two Harbors reported Q1 2025 financial results on April 28, 2025, with a book value of $14.66 per common share as of March 31, 2025.
The company declared a Q1 common stock dividend of $0.45 per share, resulting in a 4.4% quarterly economic return on book value.
Comprehensive income for the quarter was $64.9 million, or $0.62 per weighted average basic common share.
Two Harbors settled $174.9 million in Mortgage Servicing Rights (MSR) and committed post-quarter to buy an additional $1.7 billion UPB of MSR.
Q1 interest income was $111.4 million, net servicing income was $153.7 million, and total expenses were $47.1 million.
UCTT
Ultra Clean Holdings reported Q1 2025 revenue of $518.6 million, missing the market estimate of $526.13 million due to shipment delays and lower demand.
The company expects Q1 2025 revenue between $505 million and $555 million, and earnings per share between $0.22 and $0.42.
Cost-saving measures, including workforce adjustments, are being implemented in response to recent challenges.
Ultra Clean Holdings is facing a class action lawsuit alleging misleading statements about demand from Chinese customers, covering shares bought between May 6, 2024, and February 24, 2025.
The company saw 21% revenue growth in 2024 but now anticipates weaker demand, especially in its China business.
UFPI
UFP Industries reported Q1 2025 earnings on April 28, 2025, with net sales of $1.60 billion, down 2.7% from last year and below expectations.
Net earnings fell 35% year-over-year to $78.8 million, or $1.30 per diluted share, missing estimates.
Operating income dropped 31% to $92.3 million, also below projections.
The company repurchased about 1.67 million shares since January, spending $177.1 million, with $122 million remaining in its buyback authorization.
UFP's board raised the quarterly dividend by 6% to $0.35 per share, payable June 16, 2025.
UHS
Universal Health Services (UHS) announced Q1 2025 financial results on April 28, 2025, reporting net income of $316.7 million ($4.80 per diluted share), up from $261.8 million ($3.82 per diluted share) in Q1 2024.
Q1 2025 net revenues were $4.1 billion, a 6.7% increase from $3.84 billion in Q1 2024.
In behavioral health care facilities, same-facility adjusted admissions fell by 1.6%, but net revenue per adjusted admission rose by 7.2% and net revenue per adjusted patient day rose by 5.8%.
As of March 31, 2025, UHS had $643.7 million available for stock repurchases.
UHS will hold a conference call to discuss Q1 results on April 29, 2025.
WELL
WELL Health Technologies Corp. (TSX: WELL) announced Q4 and full year 2024 results on April 14, 2025.
The company reported record annual revenue for 2024.
No other significant news for WELL or Welltower Inc. in the past 7 days.
WM
On June 3, 2024, Waste Management (WM) agreed to buy Stericycle for about $7.2 billion, including debt.
WM will pay $62.00 per Stericycle share in cash, a 24% premium over Stericycle’s recent average price.
The deal is expected to close as early as the fourth quarter of 2024, pending approvals.
WM expects the acquisition to boost earnings and cash flow within a year, targeting $80–$100 million in cost savings in 2025.
A new EU Waste Shipments Regulation started on May 20, 2024, with stricter rules on waste exports and more traceability for recycling.
WWD
On April 28, 2025, Woodward reported Q2 net sales of $884 million, up 6% year-over-year, and net earnings of $109 million, up 12%.
Q2 earnings per share (EPS) rose 14% to $1.78; adjusted EPS increased 4% to $1.69.
Cash from operations fell 20% to $78 million; free cash flow dropped 28% to $59 million.
Woodward raised the lower end of its fiscal year 2025 guidance and now expects adjusted EPS between $5.95 and $6.25.
On April 24, 2025, Woodward announced a quarterly dividend of $0.28 per share (12% increase), payable June 5, 2025.