Aon Reports Third Quarter 2025 Results
Prnewswire· 2025-10-31 10:30
Core Insights - Aon plc reported a total revenue of $3.997 billion for Q3 2025, reflecting a 7% increase compared to Q3 2024, driven by 7% organic revenue growth and a favorable 1% impact from foreign currency translation [2][3][10] - The company achieved a diluted EPS of $2.11, a 34% increase from $1.57 in the prior year period, with adjusted EPS rising 12% to $3.05 [2][23][10] - Aon's strong capital position and cash generation support its capital allocation model, balancing high-return investments for future growth and capital returns to shareholders [2][10] Financial Performance - Total revenue for the nine months ended September 30, 2025, was $12.881 billion, up 12% from $11.551 billion in the same period of 2024 [2][10] - Operating income increased by 31% to $816 million in Q3 2025, with an operating margin of 20.4%, up from 16.7% in Q3 2024 [2][20] - Adjusted operating income rose 15% to $1.051 billion, with an adjusted operating margin of 26.3%, compared to 24.6% in the prior year [2][20] Segment Performance - Risk Capital revenue increased by 7% to $2.525 billion, with strong growth in North America and EMEA, particularly in core P&C and M&A services [3][12] - Human Capital revenue grew by 8% to $1.475 billion, driven by health and wealth solutions [3][14] - The company reported a 7% organic revenue growth across its segments, with notable contributions from both Risk Capital and Human Capital [3][10] Cash Flow and Expenses - Cash provided by operations for the first nine months of 2025 was $2.084 billion, a 14% increase from $1.835 billion in the prior year [8][39] - Free cash flow for the same period increased by 13% to $1.895 billion, reflecting strong operational cash flows despite a rise in capital expenditures [9][39] - Total operating expenses for Q3 2025 rose by 3% to $3.181 billion, primarily due to increased compensation and benefits expenses associated with organic revenue growth [4][15]
Apogee Enterprises Announces CEO Transition
Businesswire· 2025-10-31 10:30
Core Viewpoint - Apogee Enterprises, Inc. has announced a leadership transition with Donald A. Nolan appointed as the new CEO effective October 31, 2025, succeeding Ty R. Silberhorn, who will also leave the Board of Directors on the same date [1][2]. Leadership Transition - Donald A. Nolan will take over as CEO and will also serve as Executive Chair of the Board [1]. - Ty R. Silberhorn has led the company for nearly five years and expressed pride in the company's progress during his tenure [2]. - Patricia K. Wagner has been appointed as the Independent Lead Director of the Board [1]. Leadership Experience - Donald A. Nolan has extensive leadership experience, having joined Apogee's Board in 2013 and served as Chairman since 2020 [2]. - He previously held CEO and President roles at Kennametal Inc. and Avery Dennison Corporation, respectively [2]. Strategic Outlook - Nolan aims to foster a growth-oriented culture at Apogee and is confident in the company's ability to create long-term value for shareholders [3]. - The company has reaffirmed its fiscal 2026 outlook, projecting net sales between $1.39 billion and $1.42 billion, and adjusted diluted EPS of $3.60 to $3.90 [3]. Company Overview - Apogee Enterprises, Inc. is a leading provider of architectural building products and services, as well as high-performance coated materials [4][6]. - The company reported revenues of $1.4 billion in 2023 and employs approximately 4,400 people [6][11].
TXNM Energy Reports Third Quarter 2025 Results
Prnewswire· 2025-10-31 10:30
| Q3 2025 | Q3 2024 | YTD 2025 | YTD 2024 | | | --- | --- | --- | --- | --- | | GAAP net earnings attributable to TXNM Energy | $130.7 | $131.2 | $161.2 | $226.4 | | GAAP diluted EPS | $1.22 | $1.45 | $1.63 | $2.50 | | Ongoing net earnings | $142.8 | $129.3 | $185.5 | $220.6 | | Ongoing diluted EPS | $1.33 | $1.43 | $1.87 | $2.44 | ALBUQUERQUE, N.M., Oct. 31, 2025 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) today released its 2025 third quarter results. As previously announced, TXNM Energy is not affirming pr ...
Civeo Reports Third Quarter 2025 Results
Businesswire· 2025-10-31 10:30
HOUSTON--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the third quarter ended September 30, 2025. Bradley J. Dodson, Civeo's President and Chief Executive Officer, said, "Our third quarter consolidated results exhibited our operational and strategic efforts with continued growth in Australia and improved cost structure in Canada. In the third quarter, Civeo's Australian business once again delivered year-over-year and sequential growth as we. ...
Eli Lilly’s Sterling Results Highlight Rival Novo Nordisk’s Fading Fortunes
Yahoo Finance· 2025-10-31 10:30
Eli Lilly dealt a George Foreman-worthy blow in its ongoing heavyweight title bout against Novo Nordisk for weight-loss drugmaker supremacy. The Indianapolis-based pharmaceutical company posted what many analysts pointed to as the strongest earnings of the season on Wednesday. Record performance of its GLP-1 drugs sent shares in Eli Lilly soaring, leaving its weight loss rival’s prospects looking like wishful shrinking. SUBSCRIBE: Receive more of our free The Daily Upside newsletter. READ ALSO: Chipotle ...
Lear Reports Third Quarter 2025 Results
Prnewswire· 2025-10-31 10:30
Accessibility StatementSkip Navigation SOUTHFIELD, Mich., Oct. 31, 2025 /PRNewswire/ --Â Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2025. Third Quarter 2025 Highlights "Lear continued its solid momentum in the third quarter, delivering one of the highest third quarter operating cash flows in our history and solid operating performance across both business segments despite disruptions at key customers," said Ray S ...
Babcock & Wilcox Sets Third Quarter 2025 Conference Call and Webcast for Monday, November 10, 2025 at 5 p.m. ET
Businesswire· 2025-10-31 10:30
Oct 31, 2025 6:30 AM Eastern Daylight Time Babcock & Wilcox Sets Third Quarter 2025 Conference Call and Webcast for Monday, November 10, 2025 at 5 p.m. ET Share AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the "Company†) will host a conference call and webcast on Monday, November 10, 2025 at 5 p.m. ET. B&W Chairman and Chief Executive Officer Kenneth Young and B&W Chief Financial Officer Cameron Frymyer will discuss the Company's third quarter 2025 results. A news rel ...
Butterfly Network Reports Third Quarter 2025 Financial Results
Businesswire· 2025-10-31 10:30
BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)---- $BFLY #POCUS--Butterfly Network, Inc. (NYSE: BFLY) ("Butterfly†or the "Company†), a digital health company transforming care with portable, semiconductor-based ultrasound technology and intuitive software, today announced financial results for the third quarter ended September 30, 2025, and provided a business update. Joseph DeVivo, Butterfly's President, Chief Executive Officer and Chairman commented, "We view this quarter as a period of foundational prog ...
ONEMAIN HOLDINGS, INC. REPORTS THIRD QUARTER 2025 RESULTS
Prnewswire· 2025-10-31 10:30
Accessibility StatementSkip Navigation NEW YORK, Oct. 31, 2025 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today reported pretax income of $263 million and net income of $199 million for the third quarter of 2025, compared to $207 million and $157 million, respectively, in the prior year quarter. Earnings per diluted share were $1.67 in the third quarter of 2025, compared to $1.31 in the prior year quarter. On October 31, 2025 ...
Feds seize $15B in bitcoin linked to alleged crypto scam that used trafficked workers. Here's how to protect yourself
Yahoo Finance· 2025-10-31 10:30
Federal authorities have seized a staggering $15 billion worth of bitcoin linked to an alleged international fraud operation that used trafficked workers to carry it out. In an indictment unsealed on Oct. 14, prosecutors accused Chen Zhi, founder and chairman of Prince Holding Group, of leading a widespread cryptocurrency investment scam under the conglomerate that involved forced-labor compounds across Cambodia. Individuals were allegedly held against their will and engaged in “pig butchering” scams, swi ...