Town and Country Financial Corporation Reports Record First Quarter 2022 Financial Results

Written by Customer Service on May 2, 2022. Posted in Earnings Releases And Operating Results.

SPRINGFIELD, Ill., May 02, 2022 (GLOBE NEWSWIRE) — Town and Country Financial Corporation (the “Company”) (OTC Pink: TWCF) today announced financial results for the first quarter of 2022 with record net income. Key highlights included: First quarter 2022 net income of $3.9 million or $1.37 per share, compared to $2.8 million or $0.99 per share in the first quarter of 2021. Return on Tangible Common Equity (ROTCE) of 19.92% for the quarter-to-date period ending March 31, 2022, compared to 16.29% in the same quarter of 2021. Dividend declared of $0.14 per share. Micah R. Bartlett, President and Chief Executive Officer, noted, “We are extremely proud to report our strongest first quarter ever. Our results reflect our excellent asset quality, well positioned balance sheet, and balanced business model based on our core focus of commercial...

Interfor Acquires Minority Interest in GreenFirst Forest Products Inc.

Written by Customer Service on May 2, 2022. Posted in Mergers And Acquisitions.

BURNABY, British Columbia, May 02, 2022 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (the “Company”) (TSX: IFP) announced today that its wholly owned subsidiary, Interfor East Ltd. (together with the Company, “Interfor”), has acquired a total of 28,684,433 common shares in the capital of GreenFirst Forest Products Inc. (“GreenFirst”) from Rayonier A.M. Canada G.P., which represents approximately 16.2% of GreenFirst’s issued and outstanding common shares. The total cash consideration was approximately C$56 million, or C$1.94 per share, and certain price protection provisions will apply in limited circumstances during a defined period following the transaction. This acquisition was made for investment purposes and builds upon, and is complementary to, Interfor’s recent expansion into Eastern Canada through the acquisition of EACOM Timber...

European Residential REIT Continues Organic and External Growth in 2022 with Strong First Quarter Results

Written by Customer Service on May 2, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, May 02, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the three months ended March 31, 2022. ERES’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2022 can be found at www.eresreit.com or under ERES’s profile at www.sedar.com. ONWARD AND UPWARD IN 2022 Investment property portfolio value up by 6% since the prior year end Rental growth of 5.3% versus the prior year period, including 3.8% on stabilized assets Net operating income increase of 15% versus the prior year period, including 5% on stabilized contribution FFO and AFFO per Unit increased significantly, up by 17% and...

Ryman Hospitality Properties, Inc. Reports First Quarter 2022 Results

Written by Customer Service on May 2, 2022. Posted in Earnings Releases And Operating Results.

NASHVILLE, Tenn., May 02, 2022 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the three months ended March 31, 2022. First Quarter 2022 Highlights and Recent Developments: Impacted by group cancellations early in the quarter due to the Omicron variant, the Company generated Q1 2022 Net Loss available to common shareholders of $(24.6) million and consolidated Adjusted EBITDAre of $69.0 million. Driven by strong leisure ADR and occupancy and the rapid recovery in group travel from the Omicron variant, Hospitality occupancy reached 63.3% in March, compared to the month of January when occupancy was 32.8%. Business levels rebounded quickly in...

$Athenex, Texas Children’s Cancer Center, and the Center for Cell and Gene Therapy at Baylor College of Medicine to Present Phase 1 Clinical Data for KUR-501, an autologous GD2 CAR-NKT Cell Therapy for Relapsed/Refractory High Risk Neuroblastoma at the ASGCT 25th Annual Meeting$

Athenex, Texas Children’s Cancer Center, and the Center for Cell and Gene Therapy at Baylor College of Medicine to Present Phase 1 Clinical Data for KUR-501, an autologous GD2 CAR-NKT Cell Therapy for Relapsed/Refractory High Risk Neuroblastoma at the ASGCT 25th Annual Meeting

Written by Customer Service on May 2, 2022. Posted in Public Companies.

Data presented by investigators from the Texas Children’s Cancer Center’s Center for Advanced Innate Cell Therapy and Baylor College of Medicine Data demonstrate expansion of CAR-NKT cells post-transfer in all patients, and objective responses in patients with relapsed/refractory neuroblastoma Evidence of therapeutic efficacy with 25% (3/12) Overall Response Rate (ORR), 58% (4 stable disease, 2 partial responses, 1 complete response/12) Disease Control Rate (DCR), and 2 out of 3 responses at dose level 4 (1×108/m2) Durable Complete Response persisting 12 months Analysis found that responders correlate with CD62L+ NKT frequency in the pre-infusion products as well as CAR-NKT area under the curve (AUC) in the peripheral blood post-infusion Well tolerated with no dose limiting toxicity; no immune associated neurotoxicity syndrome...

CORRECTION — Kforce Reports First Quarter 2022 Revenues of $417.0 Million

Written by Customer Service on May 2, 2022. Posted in Earnings Releases And Operating Results.

Technology Revenues Grew Approximately 27% Year-Over-Year, Per Billing Day, and 35% Over the First Quarter of 2020 Earnings Per Share of $0.93 Grew 50% Year-Over-Year TAMPA, Fla., May 02, 2022 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Kforce Inc. (Nasdaq: KFRC), please note the incorrect dial-in number for the conference call was provided. The dial-in number should be (888) 550-5417. The corrected release follows: Kforce Inc. (Nasdaq: KFRC), a solutions firm that specializes in technology and other professional staffing services, today announced results for the first quarter of 2022. Quarterly Financial Highlights Revenue for the quarter ended March 31, 2022 was $417.0 million and increased 13.0% year-over-year, per billing day. Excluding the impact of the planned run off in the COVID-19...

ANB Canada Inc. Files Annual Financial Statements and MD&A

Written by Customer Service on May 2, 2022. Posted in Earnings Releases And Operating Results.

NEWMARKET, Ontario, May 02, 2022 (GLOBE NEWSWIRE) — ANB Canada Inc. (the “Corporation”) is pleased to announce that it has filed its annual audited financial statements (“Financial Statements”) and management’s discussion & analysis (“MD&A”) for the year ended December 31, 2021. A copy of the Financial Statements and MD&A are available on SEDAR at www.sedar.com. About the Business The Corporation offers turnkey over-the-counter (“OTC”) sales and distribution services to manufacturers in the Canadian Food, Drug and Mass marketplace. The Corporation not only markets, sells, warehouses and distributes consumer OTC brands, but also helps manufacturers in a number of other areas including navigating Canadian regulatory guidelines. Further Information For further information, please contact: Brent Larkan, Chief Executive...

CVR Energy Reports First Quarter 2022 Results and Announces a Cash Dividend of 40 cents

Written by Customer Service on May 2, 2022. Posted in Earnings Releases And Operating Results.

Declared a first quarter 2022 cash dividend of 40 cents per share Will receive $9 million from CVR Partners’ declared first quarter 2022 cash distribution of $2.26 per common unit Completed Wynnewood refinery turnaround on time and on budget Successfully completed conversion and startup of Wynnewood’s renewable diesel unit SUGAR LAND, Texas, May 02, 2022 (GLOBE NEWSWIRE) — CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced net income of $94 million, or 93 cents per diluted share, on net sales of $2.4 billion for the first quarter of 2022, compared to a net loss of $39 million, or 39 cents per diluted share, on net sales of $1.5 billion for the first quarter of 2021. First quarter 2022 EBITDA was $278 million, compared to first quarter 2021 EBITDA of less than $1 million. “CVR Energy reported solid results...

CVR Partners Reports First Quarter 2022 Results and Announces a Cash Distribution of $2.26

Written by Customer Service on May 2, 2022. Posted in Earnings Releases And Operating Results.

SUGAR LAND, Texas, May 02, 2022 (GLOBE NEWSWIRE) — CVR Partners, LP (“CVR Partners” or the “Partnership”) (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (“UAN”) solution fertilizer products, today announced net income of $94 million, or $8.78 per common unit, on net sales of $223 million for the first quarter of 2022, compared to a net loss of $25 million, or $2.37 per common unit, on net sales of $61 million for the first quarter of 2021. EBITDA was $123 million for the first quarter of 2022, compared to EBITDA of $5 million for the first quarter of 2021. “CVR Partners achieved strong first quarter results led by robust global industry conditions,” said Mark Pytosh, Chief Executive Officer of CVR Partners’ general partner. “The U.S. spring crop planting season is progressing and a good season will be critical...

Mueller Water Products Reports 2022 Second Quarter Results

Written by Customer Service on May 2, 2022. Posted in Earnings Releases And Operating Results.

Increased Net Sales 16.1 percent to $310.5 million Generated Net Income and Adjusted Net Income per Diluted Share of $0.15 ATLANTA, May 02, 2022 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) announced today that for its fiscal 2022 second quarter ended March 31, 2022, net sales were $310.5 million and net income was $23.6 million. During the 2022 second quarter, the Company: Increased net sales 16.1 percent to $310.5 million as compared with $267.5 million in the prior year quarter. Reported operating income of $34.2 million as compared with $33.4 million in the prior year quarter and generated adjusted operating income of $34.8 million as compared with $35.2 million in the prior year quarter. Increased net income 12.9 percent to $23.6 million as compared with net income of $20.9 million in the prior year quarter...

Day: May 2, 2022

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