Earnings per share

AB&T Financial Corporation Announces Fourth Quarter and Year-End 2019 Results

Retrieved on: 
Thursday, January 30, 2020

AB&T Financial Corporation (OTC Pink: ABTO), the parent company of Alliance Bank & Trust Company, today reported its fourth quarter and year-end 2019 results.

Key Points: 
  • AB&T Financial Corporation (OTC Pink: ABTO), the parent company of Alliance Bank & Trust Company, today reported its fourth quarter and year-end 2019 results.
  • Fully diluted and basic earnings per share for the twelve months ended December 31, 2019 and 2018 were $0.033 and $0.032 respectively.
  • Total deposits increased to $143.4 million on December 31, 2019, from $131.2 million as of December 31, 2018.
  • AB&T Financial Corporation does not undertake to update any forward-looking statements in this news release.

CMS Energy Announces 2019 Results, Delivers 17th Consecutive Year of Strong Performance and Raises 2020 Adjusted EPS Guidance

Retrieved on: 
Thursday, January 30, 2020

CMS Energy announced $708 million of adjusted net income or adjusted earnings per share of $2.49 for 2019, compared to $2.33 for 2018.

Key Points: 
  • CMS Energy announced $708 million of adjusted net income or adjusted earnings per share of $2.49 for 2019, compared to $2.33 for 2018.
  • CMS Energy raised its guidance for 2020 adjusted earnings to $2.64 - $2.68* per share (*See below for important information about non-GAAP measures) or 6 to 8 percent annual adjusted earnings per share growth.
  • "CMS Energy continues to be an industry leader operationally, environmentally and financially by delivering consistent results for our customers, employees and our investors," said Patti Poppe, President and CEO of CMS Energy and Consumers Energy.
  • CMS Energy (NYSE: CMS) is a Michigan-based company that has an electric and natural gas utility, Consumers Energy, as its primary business.

Home Financial Bancorp Announces Second Quarter Results

Retrieved on: 
Tuesday, January 28, 2020

Home Financial Bancorp (Company) (OTCPink: HWEN), an Indiana corporation which is the holding company for Our Community Bank, (Bank) based in Spencer, Indiana, announces results for the second quarter and six months ended December 31, 2019.

Key Points: 
  • Home Financial Bancorp (Company) (OTCPink: HWEN), an Indiana corporation which is the holding company for Our Community Bank, (Bank) based in Spencer, Indiana, announces results for the second quarter and six months ended December 31, 2019.
  • Net income was $76,000 or $.07 basic and diluted earnings per share for the quarter ended December 31, 2018.
  • Second quarter 2020 net income improved due to higher net interest income and non-interest income compared to the same quarter last year.
  • Additional information concerning Home Financial Bancorp and its subsidiaries is available at www.hfbancorp.com or www.ocbconnect.com .

A. O. Smith reports 2019 earnings of $2.22 per share

Retrieved on: 
Tuesday, January 28, 2020

Net earnings in 2019 of $370.0 million, or $2.22 per share, were lower than 2018 net earnings of $444.2 million, or $2.58 per share.

Key Points: 
  • Net earnings in 2019 of $370.0 million, or $2.22 per share, were lower than 2018 net earnings of $444.2 million, or $2.58 per share.
  • In the fourth quarter 2019, the Company achieved net earnings of $91.3 million or $.56 per share on sales of $750.9 million.
  • A. O. Smith is providing non-GAAP measures (adjusted net earnings, adjusted earnings per share and adjusted segment earnings) for 2018 that exclude the restructuring and impairment costs associated with the plant closure.
  • The midpoint of our 2020 earnings guidance represents a ten percent increase over 2019 earnings per share," Wheeler concluded.

US Metro Bank Announces Fourth Quarter and Full Year 2019 Financial Results

Retrieved on: 
Tuesday, January 28, 2020

US Metro Bank (OTC Pink: USMT) Mr. Dong Il Kim, President and CEO, announced the banks financial results for the full year 2019, reporting year over year loan growth of $104.1 million or 36%.

Key Points: 
  • US Metro Bank (OTC Pink: USMT) Mr. Dong Il Kim, President and CEO, announced the banks financial results for the full year 2019, reporting year over year loan growth of $104.1 million or 36%.
  • Earnings per share (EPS) of $0.101 per share on 16,230,000 shares for the quarter ended December 31, 2019 compares to EPS of $0.095 per share on 16,230,000 shares for quarter ended September 30, 2019.
  • The Bank reported total assets of $542.3 million as of December 31, 2019, representing a 39.5% increase compared to the reporting period ending December 31, 2018 and a 6.9% increase over the third quarter 2019.
  • During the first quarter 2019 the Bank opened its third SBA Loan Production Office (LPO) in New York City and in the second quarter the Bank opened its fourth SBA LPO in Atlanta, Georgia.

Sanmina Reports First Quarter Financial Results

Retrieved on: 
Monday, January 27, 2020

The commentary and financial information above includes non-GAAP measures of operating income, operating margin, net income and diluted earnings per share.

Key Points: 
  • The commentary and financial information above includes non-GAAP measures of operating income, operating margin, net income and diluted earnings per share.
  • Management excludes these items principally because such charges are not directly related to the Company's ongoing core business operations.
  • Management compensates for these limitations primarily by reviewing GAAP results to obtain a complete picture of the Company's performance and by including a reconciliation of non-GAAP results back to GAAP in its earnings releases.
  • Including these adjustments permits more accurate comparisons of the Company's core results with those of its competitors.

CMUV Bancorp Announces 2019 Year End Financial Results

Retrieved on: 
Friday, January 24, 2020

El Centro, CA, Jan. 24, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE --CMUV Bancorp, the holding company for Community Valley Bank, is pleased to announce unaudited year-end results for 2019.

Key Points: 
  • El Centro, CA, Jan. 24, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE --CMUV Bancorp, the holding company for Community Valley Bank, is pleased to announce unaudited year-end results for 2019.
  • Earnings per share for 2019 were $1.06, a 19% increase over the $.89 per share earnings in 2018.
  • The common stock (CMUV) was trading at $10.60 as of December 31, 2019.
  • ROAA for the year ending 12/31/2019 was 1.26% and ROAE came in at 10.91%
    We are extremely pleased with the results that were obtained in 2019.

United Bancorp, Inc. Reports an Increase in Net Income of 59% for the Twelve Months Ended December 31, 2019; Diluted Earnings per Share of $1.19 versus $0.82 Reported in 2018, and a Forward Dividend Yield of 3.92%

Retrieved on: 
Thursday, January 23, 2020

The Company's diluted earnings per share for the three months ended December 31, 2019 was $0.31 as compared to $0.10 for the same period in the previous year.

Key Points: 
  • The Company's diluted earnings per share for the three months ended December 31, 2019 was $0.31 as compared to $0.10 for the same period in the previous year.
  • For the most recently-ended quarter, our Company had an increase in net income of $1,177,000.
  • This increase in earnings is highly correlated to the strong organic and acquisition-related growth that our Company experienced during the past year.
  • United Bancorp, Inc. trades on the NASDAQ Capital Market tier of the NASDAQ Stock Market under the symbol UBCP, Cusip #909911109.

Skyworks Exceeds Q1 FY20 Expectations

Retrieved on: 
Thursday, January 23, 2020

We also believe that providing non-GAAP operating income and operating margin allows investors to assess the extent to which our ongoing operations impact our overall financial performance.

Key Points: 
  • We also believe that providing non-GAAP operating income and operating margin allows investors to assess the extent to which our ongoing operations impact our overall financial performance.
  • We believe that disclosing these non-GAAP financial measures contributes to enhanced financial reporting transparency and provides investors with added clarity about complex financial performance measures.
  • We calculate non-GAAP gross profit by excluding from GAAP gross profit, share-based compensation expense, acquisition-related expenses, amortization of acquisition-related intangibles, settlements, gains, losses and impairments, and restructuring-related charges.
  • Our earnings release contains forward-looking estimates of non-GAAP diluted earnings per share for the second quarter of our 2020 fiscal year (Q2 2020).

ASSOCIATED CAPITAL GROUP, INC. Reports Estimated Full Year and Fourth Quarter Results

Retrieved on: 
Thursday, January 23, 2020

Associated Capital Group, Inc. (AC or the Company) announced today a preliminary estimate of its financial results for the fourth quarter and year ended December 31, 2019.

Key Points: 
  • Associated Capital Group, Inc. (AC or the Company) announced today a preliminary estimate of its financial results for the fourth quarter and year ended December 31, 2019.
  • Diluted EPS for the fourth quarter is expected to be within the range of $0.45 to $0.55 compared to a loss of $(1.77) for the fourth quarter of 2018.
  • Full year EPS is expected to be within the range of $1.70 to $1.80 compared to a loss of $(2.52) for 2018.
  • We expect to issue additional information regarding our financial results in early February.