In an SEC filing today, AutoNation (NYSE: AN) announced that it estimated its earnings per share to be reduced by approximately $1.50 per share due to the result of the CDK Global cyberattack affecting dealer management systems. “As a result of the incident’s impacts, we currently estimate earnings per share for the quarter ended June […]
U.S. Property and Casualty Insurers Projected to Have $21.1 Billion in Underwriting Losses Last Year
Verisk & APCIA estimate shows the industry facing continued challenges from natural catastrophe events, inflation. Verisk (NASDAQ: VRSK), the global data analytics and technology provider, and The American Property Casualty Insurance Association (APCIA), a national trade association for home, auto, and business insurers, today remarked on full-year 2023 losses for the insurance industry, which they […]
Copart Reports Fiscal Third Quarter Fiscal Revenue of $1.13 Billion
Copart, Inc. (NASDAQ: CPRT) reported financial results for its fiscal third quarter ended April 30, 2024. Revenue was $1.13 billion, up $105.4 million or 10.3% from the same period last year. Gross profit and net income attributable to Copart, Inc. were $525.5 million, and $382.3 million, respectively. These represent an increase in gross profit of […]
Boyd Group Reports Sales Up 10% in First Quarter Compared to Last Year
Same store sales were up 2.2% during the quarter over 2023. Demand impacted by mild winter weather. Boyd Group Services Inc. (TSE: BYD) today announced sales increased by 10.0% to $786.5 million in the first quarter ended March 31, up from $714.9 million in the same period of 2023. The company reported same-store sales increased […]
Allstate Reports Auto Premiums Earned Up 11% in First Quarter
Reports auto claim frequency declined on mild weather, more than offsetting higher claim costs. The Allstate Corporation (NYSE: ALL) reported total revenues of $15.3 billion in the first quarter of 2024, up 10.7%, or $1.5 billion, compared to the prior year quarter driven by higher average premiums that resulted in a $1.3 billion increase in […]
GEICO Reports Premiums Written Up 7.3% in First Quarter
Collision claim frequency was down in range of 4-5% in the quarter, but severity was up 4-6%. Berkshire Hathaway reported its earnings for the first quarter of 2024 on May 4, including details about its GEICO subsidiary, the third largest private passenger auto insurer in the U.S. GEICO’s premiums written were $10.796 billion in the […]
Driven Brands Reports Revenue of $572 Million in First Quarter
Driven Brands Holdings Inc. (NASDAQ: DRVN) reported revenue of $572 million for the first quarter of 2024 ended March 30, up 2% versus the prior year quarter. System-wide sales were $1.6 billion, up 7% versus the prior year primarily driven by 0.7% same store sales growth and 144 net new units. System wide sales in […]
Axalta Reports Sales of $1.3 Billion in First Quarter
Refinish sales up 4%. Axalta Coating Systems Ltd. (NYSE:AXTA) reported net sales increased 0.8% year-over-year to $1.3 billion for the first quarter ended March 31. Performance Coatings first quarter 2024 net sales were $848 million, flat relative to the prior year period. Refinish net sales were $519 million, up 4% year-over-year driven by positive price-mix […]
CCC Reports Revenue of $227.2 Million in First Quarter
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) reported total revenue was $227.2 million for the first quarter of 2024 ended March 31, an increase of 11% from $204.9 million for the first quarter of 2023. “CCC delivered strong first quarter results, highlighted by 11% year-over-year revenue growth and 41% adjusted EBITDA margin –both above our […]
LKQ Reports Revenue of $3.7 Billion in First Quarter
Overall revenue up 11%, but organic revenue was lower as record warm weather in U.S. negatively impacted repairable claims volume. LKQ Corporation (NASDAQ: LKQ) today reported revenue for the first quarter of 2024 was $3.7 billion, an increase of 10.6% compared to $3.3 billion for the first quarter of 2023. For the first quarter of […]
- « Previous Page
- 1
- …
- 4
- 5
- 6
- 7
- 8
- …
- 41
- Next Page »