Buy a bunch of great companies.Hold them for a long time.Relax and live your life.Rinse and repeat. ...

Paychex (PAYX) Q4 2025 Earnings Call June 25, 2025 09:30 AM ET Company Participants Bob Schrader - CFO & Member of the Executive CommitteeJohn Gibson - President & CEOBryan Bergin - Managing DirectorSamad Samana - Managing DirectorJames Faucette - Managing DirectorKartik Mehta - Executive MD & Director of ResearchScott Wurtzel - SVP - Equity Research Conference Call Participants Mark Marcon - Senior Research AnalystTien-tsin Huang - Senior AnalystAndrew Nicholas - Equity Research AnalystAshish Sabadra - Inf ...

Core Insights - Hologic's consistent profitability has resulted in strong annual cash flow generation of approximately $1 billion, which supports a robust balance sheet and capital deployment strategy focused on tuck-in acquisitions and share repurchases [1][8] - Recent acquisitions, including Biotheranostics, Endomagnetics, and Gynesonics, are expected to enhance revenue growth and improve operating margins, as these businesses are growing faster than Hologic's legacy units [2][3][4] - Hologic maintains a strong financial position with $1.6 billion in cash and investments and a leverage ratio below 1X, allowing for continued investments in acquisitions and share buybacks [2][8] Acquisition Strategy - Hologic has allocated approximately $3.6 billion for share repurchases and $2 billion for mergers and acquisitions, with a focus on high-growth adjacent markets [1] - The integration of Biotheranostics is expected to benefit from increased lab testing volumes, while Endomagnetics is positioned to capture significant market opportunities in wireless localization [3] - Gynesonics' Sonata System is anticipated to strengthen Hologic's International Surgical business by providing a minimally invasive treatment option for uterine fibroids [4] Competitive Landscape - Hologic's rivals, such as Becton, Dickinson and Company and Thermo Fisher Scientific, are also engaging in share repurchases and acquisitions, with BDX reporting $625 million in free cash flow and TMO returning $2.1 billion to shareholders [5][6] - Hologic's stock has performed relatively well, rising 5.3% over the past three months, while the industry has seen an 8.6% decline [7] Financial Performance and Estimates - Hologic's forward two-year earnings multiple stands at 14.66X, indicating a favorable position relative to the industry [9] - Consensus estimates for Hologic's fiscal 2025 and 2026 earnings remain stable, with projected earnings of $4.19 for the current year and $4.50 for the next year [10][11]

Truist's Corporate Banking build-out includes the following senior leader appointments and hires: Truist is actively recruiting to expand its coverage of key segments, including Consumer and Retail; Energy and Infrastructure; Financial Institutions; Healthcare; Industrials and Services; Media and Telecom; and Technology. Pirouz was appointed head of Corporate Banking in January 2025. Prior to this role, Pirouz served as head of Capital Markets for Truist Securities, Truist's full-service investment bank. He ...

Investor Highlights May 2023 1 Disclaimer Forward-Looking Statements This presentation contains certain forward-looking statements including analyses and other information based on forecasts of future results and estimates of amounts not yet determinable and statements relating to our future prospects, developments and business strategies. Forward-looking statements are identified by their use of terms and phrases such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "pred ...

May 2024 Investor Presentation CUBESMART® self storage Safe Harbor Statement The forward-looking statements contained in this presentation are subject to various risks and known and unknown uncertainties. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, there can be no assurance that the Company's expectations will be achieved. Factors which could cause the Company's actual results, performance, or achievements to differ signifi ...

Investor Overview April 2025 Safe Harbor and Non-GAAP Financial Measures Note Regarding Forward-Looking Statements: 1 Certain statements and information included in this presentation are "forward-looking statements" under the Federal Private Securities Litigation Reform Act of 1995, including: our forecast; our outlook; our expectations regarding market trends and economic environment, such as rental demand, economic growth, challenging freight environment, weakening used vehicle sales and rental; our expec ...

Icahn Enterprises L.P. Investor Presentation May 2025 Forward-Looking Statements and Non-GAAP Financial Measures Forward-Looking Statements This presentation contains certain statements that are, or may be deemed to be, "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements included herein, other than statements that relate solely to historical fact, are "forward-looking stat ...

Investor Presentation Protect Your People® 1 Safe Harbor & Non-GAAP Statements "Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995 This presentation contains estimates, predictions, opinions, goals and other "forward-looking statements" as that phrase is defined in the Private Securities Litigation Reform Act of 1995. Such statements include, without limitation, references to the Company's predictions or expectations of future business or financial performance as well as its g ...

Key Takeaways HRTG is resuming selective personal lines underwriting while focusing on E&S growth and rate discipline. HCI is expanding via Citizens policy takeouts and has launched a second reciprocal insurer, Tailrow. HCI plans a tax-free spin-off of Exzeo to unlock tech value. HRTG initiates a $10M share buyback.Despite the rise in catastrophic events, the property and casualty (P&C) insurance industry is poised for continued growth, fueled by a shift toward personalized offerings and enhanced customer ...