Day: April 21, 2021

Financial and Operating HighlightsNet income attributable to common stockholders of $(0.11) per share for the first quarter of 2021 as compared to $1.51 per share for the same period in 2020. Net income attributable to common stockholders for the first quarter of 2020 included $72.3 million, or $0.90 per share, of net gains recognized from the sale of 315 West 33rd Street, also known as The Olivia, and $37.7 million, or $0.47 per share, of incremental income from Credit Suisse at One Madison Avenue. Funds from operations, or FFO, of $1.73 per share for the first quarter of 2021, including $10.5 million, or $0.14 per share, of lease termination income, as compared to $2.08 per share for the same period in 2020. FFO for the first quarter of 2020 included $37.7 million, or $0.47 per share, of incremental income from Credit Suisse at One...

BAYONNE, N.J., April 21, 2021 (GLOBE NEWSWIRE) — BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today reported net income of $7.1 million for the first quarter of 2021, compared to $7.3 million in the fourth quarter of 2020, and $2.5 million in the first quarter of 2020. Earnings per diluted share in the first quarter of 2021 were $0.40, compared to $0.41 in the preceding quarter and $0.12 in the first quarter of 2020. The Company also announced that its Board of Directors declared a regular quarterly cash dividend of $0.14 per share. The dividend will be payable May 24, 2021, to common shareholders of record on May 10, 2021. “Earnings for the first quarter of the year were strong, with higher net interest income and improved efficiencies,” stated Thomas Coughlin, President...

EXTON, Pa., April 21, 2021 (GLOBE NEWSWIRE) —    OMEGA FLEX, INC. (OFLX)         Three Months Ended March 31,               2021           2020               Net Sales   $ 30,863,000   $ 25,266,000                  Net Income attributable to Omega Flex, Inc.   $ 6,267,000   $ 4,344,000                  Earnings Per Share – Basic and Diluted   $ 0.62   $ 0.43                  Weighted Average Shares – Basic and Diluted     10,094,322     10,094,322         Kevin R. Hoben, Chairman and CEO, announced that the Company’s Net Sales for the first quarter of 2021 were $30,863,000 compared to $25,266,000 during the first quarter of last year, increasing $5,597,000 or 22.2%. Net Income was $6,267,000 for the first three months of 2021 versus $4,344,000 during the same period...

HOUSTON, April 21, 2021 (GLOBE NEWSWIRE) — Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) today reported results for the first quarter ended March 31, 2021 and increased its full year 2021 Outlook.  Full Year 2021 (in millions, except per share amounts) Current OutlookMidpoint     Change to Midpointfrom Prior Outlook(a)    Midpoint Growth Rate Compared to Prior Year Actual(b)As Reported   As Adjusted(c)Site rental revenues $5,695   +$140   7%   7%  Net income (loss)(d) $1,084   +$87   3%   30%  Net income (loss) per share—diluted(d)(e) $2.50   +$0.20   6%   37%  Adjusted EBITDA(d) $3,757   +$150   1%   10%  AFFO(d)(e) $2,946   +$40   2%   14%  AFFO per share(d)(e) $6.79   +$0.10   —%   11%  (a)   As issued on January 27, 2021. See “Full Year 2021 Outlook” below...

JACKSONVILLE, Fla., April 21, 2021 (GLOBE NEWSWIRE) — Landstar System, Inc. (NASDAQ: LSTR) reported all-time quarterly record net income of $77.2 million, or $2.01 per diluted share, in the 2021 first quarter, on record first quarter revenue of $1.288 billion. In the 2020 first quarter, net income was $40.9 million, or $1.04 per diluted share, on $927.6 million of revenue. 2021 first quarter revenue, net income and diluted earnings per share increased 39 percent, 89 percent and 93 percent, respectively, over the 2020 first quarter. Gross profit (defined as revenue less the cost of purchased transportation and commissions to agents) was an all-time quarterly record $189.2 million in the 2021 first quarter, 32 percent above 2020 first quarter gross profit of $142.9 million. Note that the adverse impact of the COVID-19 pandemic on...

VERO BEACH, Florida, April 21, 2021 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (“ARMOUR” or the “Company”) today announced the Company’s March 31, 2021 financial position and Q1 results. March 31, 2021 Financial PositionARMOUR’s stockholders’ equity totaled $1,027 million, including:Common stock outstanding of 69,749,026 shares, and 7.00% Cumulative Redeemable Preferred C Stock (“Series C Preferred Stock”) with liquidation preference totaling approximately $163 million.ARMOUR’s book value per common share was $12.40 per share. ARMOUR’s liquidity, including cash and unencumbered agency and U.S. government securities, was $687 million. ARMOUR’s portfolio composition was 100% Agency MBS, including To Be Announced (“TBA”) Securities. ARMOUR’s...

Revenues of $1.2 billion, net income of $45.3 million Earnings per diluted share of $0.79 Absorption ratio 122.6% Economic recovery from COVID-19 impact continues, but supply chain issues remain Board declares cash dividend of $0.18 per share of Class A and Class B common stockSAN ANTONIO, April 21, 2021 (GLOBE NEWSWIRE) —  Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the quarter ended March 31, 2021, the Company achieved revenues of $1.232 billion and net income of $45.3 million, or $0.79 per diluted share, compared with revenues of $1.287 billion and net income of $23.1 million, or $0.41 per diluted share, in the quarter ended March 31, 2020. Additionally, the Company’s Board of Directors declared a cash dividend...