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Home » Financial Results

Financial Results

Lilly earnings increase as Mounjaro, Zepbound sales continue rise

April 30, 2026
Daniel Bradley

The Indianapolis-based drugmaker reported profit of $7.4 billion for the first quarter, up from $2.8 billion in the same period a year earlier.

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Elevance beats expectations with quarterly profit, revenue

April 22, 2026
Associated Press and IBJ Staff

The Indianapolis-based health care insurer raised full-year earnings guidance after making its first-quarter financial report on Wednesday.

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Republic Airways outlines postmerger integration efforts

March 5, 2026 | Susan OrrSusan Orr

In its first financial report since going public via merger, Carmel-based Republic Airways gave some details about its ongoing integration with Arizona-based Mesa Group. The two companies completed their merger in November.

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Trump says US should do away with quarterly earnings reports

September 15, 2025 | Associated Press and Bloomberg News

The Securities and Exchange Commission has required publicly traded companies to report on a quarterly basis since 1970.

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UPDATE: Elanco shares jump 16% as company raises full-year guidance

August 7, 2025 | Susan OrrSusan Orr

The company, which makes vaccines, antibiotics and other animal-health products, said it now expects full-year revenue of between $4.57 billion and $4.62 billion.

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allison transmission

Allison Transmission reduces full-year sales, profitability expectations

August 4, 2025 | Susan OrrSusan Orr

Indianapolis-based Allison Transmission Holdings Inc. outperformed analysts’ expectations in the second quarter, but the manufacturer also says its full-year revenue and profits will likely be lower than it had previously expected.

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Cummins withdraws 2025 financial guidance over tariff uncertainty

May 5, 2025 | Susan OrrSusan Orr

Cummins Inc. has become the latest in a string of companies to withdraw its 2025 guidance.

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Major companies face difficult task in estimating impact of tariffs on financial results

April 29, 2025 | Associated Press

Executives at some of the world’s biggest companies are faced with the tricky task of explaining how President Donald Trump’s tariffs are impacting their business as they discuss their latest quarterly reports.

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Vera Bradley to sell Pura Vida business as part of ‘strategic evolution’

March 13, 2025 | Alex Brown, Inside INdiana Business

Vera Bradley, which had already acquired a 75% ownership stake in the California-based jewelry brand in 2019, acquired the remaining 25% interest in 2023.

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UPDATE: Lilly reports robust Q4, full-year earnings

February 6, 2025 | Daniel Lee

Lilly’s fourth-quarter earnings, released before the market opened Thursday, surpassed analysts’ expectations by millions.

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Cummins reorganizes alt-power business, reports full-year profit of $3.9B

February 4, 2025 | Susan OrrSusan Orr

Cummins said it reorganized its Accelera business unit because of a slowdown in demand for some of its alternative-fuel products.

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macy's

Macy’s says employee hid up to $154M in expenses, delays Q3 earnings

November 25, 2024 | Associated Press

The retailer said Monday that it identified an issue related to delivery expenses in one of its accrual accounts earlier this month.

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Cummins sees quarterly revenue dip, but a big jump in profit

May 2, 2024 | Susan OrrSusan Orr

Cummins saw its first quarter revenue drop by 1% on a year-over-year basis. Its profit was way up due to one-time gains from the spinoff of its filtration business.

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Cummins posts quarterly loss but full-year profit

February 6, 2024 | Susan OrrSusan Orr

Cummins posted a rare quarterly loss in the fourth quarter, which was largely due to a previously announced $2 billion environmental settlement. The settlement also reduced the manufacturer’s full-year profit for 2023.

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Struggling Alpine 4 jettisons subsidiaries

January 26, 2024 | Susan OrrSusan Orr

Alpine 4 Holdings Inc., whose subsidiaries include Indianapolis-based RCA Commercial Electronics, says it is struggling “with unparalleled challenges.”

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Cummins announces voluntary staff reductions

November 2, 2023 | Susan OrrSusan Orr

Cummins, which reported revenue of $8.4 billion during the third quarter, has 73,600 employees worldwide, including 10,500 in Indiana.

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Carmel-based KAR to change its name to OpenLane

May 2, 2023 | Susan OrrSusan Orr

If the new name sounds familiar, that’s because KAR has been using it for a portion of its business after acquiring a California-based online auction company named OpenLane Inc. in 2011.

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Cummins reports record 1Q revenue, raises full-year guidance

May 2, 2023 | Susan OrrSusan Orr

Cummins is forecasting revenue to be up 15% to 20% year-over-year, compared with its previous guidance of between 12% to 17%.

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Cummins sees more revenue, less profit in latest quarter

November 3, 2022 | Susan OrrSusan Orr

Cummins said its profitability was affected by several expenses last quarter, the largest of which was the $56 million that the company spent on a one-time bonus to employees.

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Cummins posts record quarterly revenue

August 2, 2022 | Susan OrrSusan Orr

The Columbus-based manufacturer says its strong second-quarter was due mostly to its North American market, where revenues grew 15%.

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calumet refinery

Supply-chain squeeze contributes to 2Q loss for Calumet Specialty

August 10, 2021 | Susan OrrSusan Orr

The Indianapolis-based manufacturer posted a $78.4 million loss in the second quarter.

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Kite Realty upgrades outlook after strong second quarter

August 4, 2021 | Mickey ShueyMickey Shuey

Indianapolis-based Kite Realty Group Trust this week upgraded its outlook for the rest of 2021 after beating industry expectations with its second-quarter financial performance.

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JUNE 12-18, 2026

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IBJ Digital Edition

Orr Fellowship sees success in Evansville expansion

Susan Orr

Grand Park Sports Campus adds NFL flag football youth event

Mickey Shuey

Q&A: CEO leads OrthoIndy through period of growth

Daniel Bradley
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