Earnings
Lockheed Martin of Bethesda reported its second-quarter profit grew to $825 million from $734 million in the prior-year quarter. Revenues rose to $11.44 billion from $11.07 billion.
Constellation Energy of Baltimore reported its second-quarter profit rose to $83.8 million from $28.3 million in the prior-year quarter. Revenues fell to $3.31 billion from $3.86 billion.
Choice Hotels International of Silver Spring reported its second-quarter profit rose to $27.0 million from $25.5 million in the prior-year quarter. Revenues grew to $149.8 million from $143.3 million. Revenue per available room increased to $35.69 from $35.58. Average daily rate fell to $69.01 from $70.53, but occupancy rose to 51.7 percent from 50.4 percent.
Silver Spring drug company United Therapeutics reported a second-quarter profit of $37.7 million, versus a net loss of $2.3 million in the prior-year quarter. Revenues grew to $137.5 million from $84.0 million.
Hanger Orthopedic Group of Bethesda reported its second-quarter profit fell to $9.8 million from $10.0 million in the prior-year quarter. Revenues grew to $205.8 million from $193.5 million.
Sports apparel and footwear maker Under Armour of Baltimore reported its second-quarter profit rose to $3.5 million from $1.4 million in the prior-year quarter. Revenues increased to $204.8 million from $164.6 million.
Corporate Office Properties Trust of Columbia reported its second-quarter profit fell to $9.2 million from $18.1 million in the prior-year quarter. Revenues fell to $135.3 million from $208.3 million. Funds from operations fell to $38.9 million from $46.9 million.
Vocus of Lanham, which provides software for public relations management, reported its second-quarter net loss widened to $2.0 million from $343,000 in the prior-year quarter. Revenues increased to $23.8 million from $21.1 million.
Cybersecurity company Sourcefire of Columbia reported its second-quarter profit grew to $10.5 million from $633,000 in the prior-year quarter. Revenues increased to $17.6 million from $12.3 million.
Frederick County Bancorp of Frederick, parent of Frederick County Bank, reported its second-quarter profit rose to $338,000 from $239,000 in the prior-year quarter. At June 30, assets totaled $298.9 million, up 15.7 percent from a year earlier.
Asset manager Legg Mason of Baltimore reported its second-quarter profit fell to $45.0 million from $52.3 million in the prior-year quarter. Revenues rose to $674.2 million from $613.1 million.
Asset manager T. Rowe Price Group of Baltimore reported its second-quarter profit rose to $158.5 million from $100.0 million in the prior-year quarter. Revenues grew to $578.3 million from $443.5 million.
Howard Bancorp of Ellicott City, parent of Howard Bank, reported its second-quarter profit grew to $215,000 from $87,000 in the prior-year quarter.
BCSB Bancorp of Baltimore, parent of Baltimore County Savings Bank, reported a profit of $607,000 for the quarter ended June 30, versus a net loss of $418,000 in the prior-year quarter.
WSB Holdings of Bowie, parent of Washington Savings Bank, reported its second-quarter net loss widened to $2.4 million from $41,000 in the prior-year quarter. Assets at June 30 fell to $417.7 million from $438.0 million a year earlier.
Patapsco Bancorp of Baltimore, parent of The Patapsco Bank, reported its net loss for the year ended June 30 narrowed to $2.7 million from $5.6 million in the prior year. Its net loss for the quarter ended June 30 narrowed to $542,000 from $4.9 million in the prior-year quarter. Assets at June 30 totaled $270 million, up from $268 million a year earlier.
Eagle Bancorp of Bethesda, parent of EagleBank, reported its second-quarter profit grew to $3.4 million from $2.7 million in the prior-year quarter. Assets at June 30 totaled $1.94 billion, up from $1.59 billion a year earlier.
Shore Bancshares of Easton reported its second-quarter profit rose to $445,000 from $354,000 in the prior-year quarter. Assets at June 30 totaled $1.13 billion, down from $1.16 billion at Dec. 31. Shore is the parent of The Talbot Bank of Easton, CNB of Centreville and The Felton (Del.) Bank, plus several insurance and other financial companies.
Annapolis Bancorp of Annapolis, parent of BankAnnapolis, reported a second-quarter profit of $438,000, versus a net loss of $1.9 million in the prior-year quarter. Assets at June 30 totaled $431.7 million, down from $444.3 million at Dec. 31.