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BankUnited, Inc. reported its first quarter 2025 results, with earnings per share (EPS) of $0.78, surpassing the estimate of $0.74. However, the company's sales of $255.41 million fell short of the expected $263.57 million. BankUnited's stock rose by 1.1% in pre-market trading. Bank of Marin Bancorp announced its first quarter earnings, reporting an EPS of $0.30, missing the estimate of $0.32, while its sales of $27.82 million exceeded the forecast of $25.79 million. Woodward, Inc. released its second quarter results, with an adjusted EPS of $1.69, beating the estimate of $1.46, and sales of $883.63 million, which were above the anticipated $835.00 million. Welltower Inc. disclosed its first quarter performance, achieving funds from operations (FFO) per share of $1.20, which was higher than the expected $1.14. The company's sales reached $2.42 billion, surpassing the estimate of $2.31 billion. Welltower also provided guidance for the full year, expecting normalized FFO per share to be between $4.90 and $5.04, and same-store net operating income growth to be between 10% and 13.3%. Cadence Design Systems reported first quarter revenue of $1.242 billion, up from $1.009 billion in the same period last year. The company's GAAP operating margin improved to 29.1% from 24.8%, and non-GAAP operating margin rose to 41.7% from 37.8%. GAAP diluted net income per share was $1.00. Cadence beat EPS estimates by $0.08 and provided guidance for FY25. F5 Networks announced its second quarter fiscal year 2025 results, with an adjusted EPS of $3.42, beating the estimate of $3.10, and revenue of $731 million, which was above the expected $718.2 million. The company also provided guidance for the third quarter and raised its full-year revenue growth forecast to between 6.5% and 7.5%. NXP Semiconductors reported first quarter revenue of $2.84 billion, slightly above the estimate of $2.83 billion. The company's adjusted EPS was $2.64, surpassing the expected $2.58. Revenue was down 9% year-on-year, with a GAAP gross margin of 55.0% and an operating margin of 25.5%. Several other companies also reported their quarterly earnings, including Netstreit Corp., Northwest Bancshares, Inc., Brixmor Property Group Inc., Crown Holdings, Inc., Franklin BSP Realty Trust, Inc., CNO Financial Group, Inc., Crane Holdings, Co., Piedmont Office Realty Trust, Inc., and Ameris Bancorp, with varying degrees of performance against estimates.
