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Kilroy Realty: Q1 Earnings Snapshot

Published Mon, 16 Dec 2024 16:40:00 GMT

LOS ANGELES (AP) — LOS ANGELES (AP) — Kilroy Realty Corp. (KRC) on Wednesday reported a key measure of profitability in its first quarter. The results surpassed Wall Street expectations.The real estate investment trust, based in Los Angeles, said it had funds from operations of $146 million, or $1.22 per share, in the period.The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of $1.17 per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had net income of $56.6 million, or 48 cents per share.The real estate investment trust, based in Los Angeles, posted revenue of $292.8 million in the period.Kilroy Realty expects full-year funds from operations to be $4.30 to $4.50 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. ...

5 school staffers charged after boy told to eat own vomit

Published Mon, 16 Dec 2024 16:40:00 GMT

BROWNSBURG, Ind. (AP) — Five staff members at a suburban Indianapolis school have been charged with neglect or failure to report neglect after a 7-year-old special education student was told to eat his own vomit.The Hendricks County Prosecutor’s Office on Tuesday charged a teacher and instructional aide at Brown Elementary School in Brownsburg with neglect and they as well as a second teacher, a second aide and a behavioral technician have been charged with failure to report the incident. The teacher charged with neglect told the student during lunch that if he vomited, he would need to eat whatever he threw up, Brownsburg police said. The child vomited on a tray provided by the second teacher, and the aide charged with neglect then gave the child a spoon, police said.The boy ate some of the vomit, then used paper towels to clean up what remained, police said. The alleged incident occurred in February.The Brownsburg Community School Corp. said it learned of the incident on April 12 ...

Sallie Mae: Q1 Earnings Snapshot

Published Mon, 16 Dec 2024 16:40:00 GMT

NEWARK, Del. (AP) — NEWARK, Del. (AP) — SLM Corp. (SLM) on Wednesday reported first-quarter profit of $118.5 million.The Newark, Delaware-based company said it had net income of 47 cents per share.The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.The student loan company posted revenue of $659.3 million in the period. Its adjusted revenue was $405.1 million, which also beat Street forecasts. Four analysts surveyed by Zacks expected $373.7 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SLM at https://www.zacks.com/ap/SLMSource

Teradyne: Q1 Earnings Snapshot

Published Mon, 16 Dec 2024 16:40:00 GMT

NORTH READING, Mass. (AP) — NORTH READING, Mass. (AP) — Teradyne Inc. (TER) on Wednesday reported first-quarter earnings of $83.5 million.On a per-share basis, the North Reading, Massachusetts-based company said it had net income of 50 cents. Earnings, adjusted for non-recurring costs, came to 55 cents per share.The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share.The maker of wireless products, data storage and equipment to test semiconductors posted revenue of $617.5 million in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $591.7 million.For the current quarter ending in June, Teradyne expects its per-share earnings to range from 55 cents to 74 cents.The company said it expects revenue in the range of $625 million to $685 million for the fiscal second quarter. Analysts surveyed by Zacks had expected revenue of $687.9 million._____This...

High-scoring Hintz has ‘got everything’ for playoff Stars

Published Mon, 16 Dec 2024 16:40:00 GMT

DALLAS (AP) — Roope Hintz has the size, speed and shot that Dallas Stars teammate Max Domi says makes him pretty much the perfect hockey player.“I’m sure most hockey fans have played some form of NHL EA Sports or whatever it is, and he’s kind of the guy you’d probably try and create,” Domi said. “He’s got everything. He’s got speed, he’s got size, he’s got a great hockey IQ, very competitive and a lot more. Unbelievable shot, too.”Hintz is certainly putting up video game-like numbers in the first-round series against the Minnesota Wild. The 6-foot-3 top-line winger’s NHL-leading 11 points (four goals, seven assists) through five games are already the most for a Dallas Stars player in a single playoff series. After a hat trick and an assist in Game 2, Hintz now has consecutive three-assist games. He helped on six consecutive goals for the Stars in Games 4 and 5, both wins, which put them ahead in the best-of-seven series for the first time. Game 6, a potential clincher fo...

Ultra Clean: Q1 Earnings Snapshot

Published Mon, 16 Dec 2024 16:40:00 GMT

HAYWARD, Calif. (AP) — HAYWARD, Calif. (AP) — Ultra Clean Holdings Inc. (UCTT) on Wednesday reported a loss of $3.4 million in its first quarter.The Hayward, California-based company said it had a loss of 8 cents per share. Earnings, adjusted for amortization costs and stock option expense, came to 17 cents per share.The chipmaking equipment services company posted revenue of $433.3 million in the period.For the current quarter ending in June, Ultra Clean expects its per-share earnings to range from 15 cents to 35 cents.The company said it expects revenue in the range of $410 million to $460 million for the fiscal second quarter._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UCTT at https://www.zacks.com/ap/UCTTSource

TriNet: Q1 Earnings Snapshot

Published Mon, 16 Dec 2024 16:40:00 GMT

DUBLIN, Calif. (AP) — DUBLIN, Calif. (AP) — TriNet Group Inc. (TNET) on Wednesday reported first-quarter earnings of $131 million.On a per-share basis, the Dublin, California-based company said it had net income of $2.17. Earnings, adjusted for one-time gains and costs, came to $2.49 per share.The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.96 per share.The human resources services outsourcing company posted revenue of $1.25 billion in the period. Its adjusted revenue was $394 million, also topping Street forecasts. Three analysts surveyed by Zacks expected $364.6 million.For the current quarter ending in June, TriNet expects its per-share earnings to range from $1.15 to $1.40.The company expects full-year earnings in the range of $5.40 to $6.35 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. ...

TravelCenters: Q1 Earnings Snapshot

Published Mon, 16 Dec 2024 16:40:00 GMT

WESTLAKE, Ohio (AP) — WESTLAKE, Ohio (AP) — TravelCenters of America LLC (TA) on Wednesday reported a loss of $6.3 million in its first quarter.The Westlake, Ohio-based company said it had a loss of 42 cents per share. Losses, adjusted for non-recurring costs, were 22 cents per share.The truck-stop operator posted revenue of $2.24 billion in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TA at https://www.zacks.com/ap/TASource

Essential Properties: Q1 Earnings Snapshot

Published Mon, 16 Dec 2024 16:40:00 GMT

PRINCETON, N.J. (AP) — PRINCETON, N.J. (AP) — Essential Properties Realty Trust, Inc. (EPRT) on Wednesday reported a key measure of profitability in its first quarter. The results matched Wall Street expectations.The Princeton, New Jersey-based real estate investment trust said it had funds from operations of $58.3 million, or 40 cents per share, in the period.The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 40 cents per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had net income of $42.9 million, or 29 cents per share.Essential Properties, based in Princeton, New Jersey, posted revenue of $83.7 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $79.4 million.Essential Properties expects full-year funds from operations in the range of $1.60 to $1.64 ...

Timberwolves' Anthony Edwards cited for assault after loss against Nuggets

Published Mon, 16 Dec 2024 16:40:00 GMT

DENVER (KDVR) -- Minnesota Timberwolves guard Anthony Edwards was cited for third-degree assault after Tuesday's game against the Denver Nuggets.The Timberwolves lost 112-109 against the Nuggets and were eliminated from the playoffs.Denver Police said as Edwards, 21, was walking from the court to the locker room at the end of the game, "he swung a folding chair and struck two women who were working at the time."Both women were hurt."At the time it was reported that the injuries were not serious," police said.Directly before the game ended, Edwards missed a 3-point shot that would have tied the game, according to the Associated Press.