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RPT Realty Reports First Quarter 2022 Results; Raises Full Year 2022 Outlook

Financial and Investment HighlightsNet income attributable to common shareholders for the first quarter 2022 of $4.1 million, or $0.05 per diluted share, compared to $15.2 million, or $0.19 per diluted share for the same period in 2021.First quarter 2022 operating funds from operations per diluted share of $0.26 representing year-over-year growth of 36.8% primarily driven by net acquisition and management fee income growth, in addition to same property NOI growth of 9.9%.Closed on the acquisition of The Crossings shopping center in the Boston market for $104.0 million in April, demonstrating the Company’s continued ability to accretively source off-market deals and elevating Boston to the Company’s second largest market by annualized base rent (“ABR”).Sold 1.3 million common shares on a forward basis under...

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DCP Midstream Reports Record First Quarter Results

DENVER, May 04, 2022 (GLOBE NEWSWIRE) — Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the three months ended March 31, 2022. HIGHLIGHTSFor the three months ended March 31, 2022, DCP had net income attributable to partners of $80 million, net cash provided by operating activities of $189 million, adjusted EBITDA of $436 million, and distributable cash flow of $337 million. Generated $247 million of excess free cash flow for the three months ended March 31, 2022, after fully funding distributions and growth capital. Record financial performance with increases in adjusted EBITDA of 32%, distributable cash flow of 54%, and excess free cash flow of 102% quarter over quarter. Closed the quarter with 3.3 times leverage. Renewed $1.4 billion credit facility, now linked to sustainability KPIs. Amended an existing...

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Costco Wholesale Corporation Reports April Sales Results

ISSAQUAH, Wash., May 04, 2022 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $17.33 billion for the retail month of April, the four weeks ended May 1, 2022, an increase of 13.9 percent from $15.21 billion last year. For the thirty-five weeks ended May 1, 2022, the Company reported net sales of $147.33 billion, an increase of 16.4 percent from $126.58 billion during the similar period last year. Comparable sales were as follows:               4 Weeks   35 Weeks    U.S. 13.8%   15.8%    Canada 16.0%   16.0%    Other International 2.6%   8.4%               Total Company 12.6%   14.8%               E-commerce 5.7%   11.7%             Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were...

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Oatly Reports First Quarter 2022 Financial Results

First Quarter Revenue of $166.2 Million Reiterates Fiscal Year 2022 Outlook MALMÖ, Sweden, May 04, 2022 (GLOBE NEWSWIRE) — Oatly Group AB (Nasdaq: OTLY) (“Oatly” or the “Company”), the world’s original and largest oat drink company, today announced financial results for the first quarter ended March 31, 2022. Toni Petersson, Oatly’s CEO, commented, “Given the challenging operating environment, we are pleased with our first quarter revenue results which exceeded our expectations. In March, we saw significant improvements in EMEA and Americas, with record revenue in EMEA and the largest production month ever for the Americas as the manufacturing challenges we experienced at the start of the year due to Omicron began to abate. In Asia, our business was impacted by zero-COVID policy restrictions and subsequent lockdowns, yet what remains...

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Diversified Royalty Corp. Announces May 2022 Cash Dividend and Q1 2022 Earnings Release Date

VANCOUVER, British Columbia, May 03, 2022 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV; DIV.DB and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.01833 per common share for the period of May 1, 2022 to May 31, 2022, which is equal to $0.22 per common share on an annualized basis. The dividend will be paid on May 31, 2022 to shareholders of record as of the close of business on May 13, 2022. Q1 2022 Earnings Release Date DIV will release earnings results for the three months ended March 31, 2022 following the closing of regular trading on the Toronto Stock Exchange on May 10, 2022. About Diversified Royalty Corp. DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses...

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Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.29 Per Share

EFFINGHAM, Ill., May 03, 2022 (GLOBE NEWSWIRE) — Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.29 per share. The dividend is payable on or about May 23, 2022 to all shareholders of record as of the close of business on May 13, 2022. About Midland States Bancorp, Inc. Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of March 31, 2022, the Company had total assets of approximately $7.34 billion, and its Wealth Management Group had assets under administration of approximately $4.04 billion. Midland provides a full range of commercial and consumer banking products and services and business equipment financing, merchant credit card services,...

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Artesian Resources Corporation Reports First Quarter 2022 Results

NEWARK, Del., May 03, 2022 (GLOBE NEWSWIRE) — Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and a number of other related core business services, on the Delmarva Peninsula, today announced earnings results for the first quarter of 2022. Net income for the three months ended March 31, 2022 was $4.5 million, a $0.3 million, or 6.6% increase, compared to net income recorded during the first quarter of 2021. Diluted net income per share increased 4.4% to $0.47 for the three months ended March 31, 2022 compared to $0.45 for the first quarter of 2021. Dividend Increase Artesian announced on April 13, 2022 that its Board of Directors approved a 2.0% increase in the company’s Class A and Class B Common Stock dividend, raising the annual dividend to $1.0916 per share. The quarterly...

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Innospec Reports First Quarter 2022 Financial Results

Strong contributions from all businesses with revenues up 39 percent and operating income up 57 percent Gross margin in the expected range despite high inflationary and sustained supply chain pressures Dividend increased by 11 percent; Share repurchases commenced GAAP EPS of $1.46 and adjusted non-GAAP EPS of $1.53 ENGLEWOOD, Colo., May 03, 2022 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the first quarter ended March 31, 2022. The Company also announced the declaration of its semi-annual dividend of 63 cents per common share for the first half of 2022, representing an increase of 11 percent. This dividend will be paid on May 26, 2022, to shareholders of record on May 17, 2022. Total revenues for the first quarter were $472.4 million, an increase of 39 percent from $339.6 million in...

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Enact Reports First Quarter 2022 Results

First quarter GAAP Net Income of $165 million, or $1.01 per diluted share First quarter Adjusted Net Operating Income of $165 million, or $1.01 per diluted share First quarter return on equity of 16.2% and adjusted operating return on equity of 16.2% Record Insurance-in-Force of $232 billion, a 10% increase from first quarter 2021 PMIERs Sufficiency of 176% or $2,261 million Book value per share of $24.86 RALEIGH, N.C., May 03, 2022 (GLOBE NEWSWIRE) — Enact Holdings, Inc. (Nasdaq: ACT) today announced financial results for the first quarter of 2022. “We had an excellent first quarter and a very strong start to our first full year as a public company,” said Rohit Gupta, President and CEO of Enact. “Through execution of our growth and risk management strategy and benefits of our differentiated competitive position, we delivered...

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