Group 1 - Vornado Realty Trust reported a total New York occupancy of 83.5% for fiscal 2025 first quarter, which is a decrease of 470 basis points compared to the same period last year and a decline from 87.6% in the fourth quarter [1] - The company is focusing on long-term wealth creation by targeting undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]

I’m a fundamental, valuation-driven investor with a strong focus on identifying businesses that have the potential to scale over time and unlock massive terminal value. My investment approach centers around understanding the core economics of a business—its competitive moat, unit economics, reinvestment runway, and management quality—and how those factors translate into long-term free cash flow generation and shareholder value creation. I focus on fundamental research, and I tend to focus on sectors with st ...

Pacira BioSciences Inc (PCRX) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Susan Mesco - Vice President Investor RelationsFrank Lee - CEO & DirectorJonathan Slonin - Chief Medical OfficerShawn Cross - Chief Financial OfficerAnish Nikhanj - Senior Associate - Biotechnology Equity ResearchBrendan Teehan - Chief Commercial OfficerGary Nachman - Managing Director - Equity ResearchJeevan Larson - Equity Research Associate Conference Call Participants Hardik Parikh - Equity Research Analyst ...

Pacira BioSciences Inc (PCRX) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Speaker0 Good day, and thank you for standing by. Welcome to the First Quarter twenty twenty five Pacira Biosciences Earnings Conference Call. At this time, all participants are in listen only mode. After the speakers' presentation, there will be the question and answer session. Speakers' there the Please be advised that today's conference is being recorded. I would now like to hand the conference over to our first speaker today, S ...

Summary of Johnson Controls Conference Call Company Overview - **Company**: Johnson Controls - **Event**: Oppenheimer's 20th Annual Industrial Growth Conference Key Points Leadership Transition and Strategy - New CEO Joaquin has been proactive in his first two months, visiting eight countries and engaging with customers and factory operations [3][4] - Focus on lean initiatives and value creation opportunities, emphasizing a long-term journey rather than immediate results [4][6] - The company is redefining its strategy and portfolio, identifying areas for growth and potential divestitures [5][6] Operational Changes - Revised reporting structure aligns with industry peers, aiming for cost reduction and improved accountability [8][10] - The new structure aims to eliminate redundancy and improve customer focus, transitioning from a dual operating model to a unified approach [11][12] - Anticipated reduction in corporate costs, with guidance for Q3 at approximately $80 million, down from $130 million in Q2 [15][16] Financial Performance and Growth Targets - Long-term goal of double-digit earnings growth, leveraging existing cost structures and improving operational efficiency [21][25] - Gross margins are strong, but SG&A costs have historically been higher than competitors, indicating room for improvement [22][20] - Lean management initiatives expected to enhance gross margins and operational performance over the next few years [24][25] Service Revenue and Resilience - Service revenue is characterized as true recurring income, with multiyear contracts linked to sold systems [29][30] - Historical resilience during economic downturns, with a potential increase in service demand as maintenance is deferred [30][31] OpenBlue Technology Platform - OpenBlue is a differentiated offering with significant growth potential, currently under 1% penetration of the installed base [33][40] - The platform provides operational insights and efficiency improvements, with a compelling ROI of up to 55% over three years [32][33] Market Demand and Pipeline - Observed softness in certain verticals, but overall health in core markets remains strong [44][46] - Data centers and complex manufacturing are experiencing robust growth, while commercial real estate shows mixed signals [50][51] - Tariff impacts expected to affect revenues by about 2%, but the company has strategies in place to mitigate these effects [58][60] Cash Flow and Capital Structure - Achieved 100% free cash flow conversion, driven by improved supply chain and procurement practices [64][65] - Lean management expected to enhance inventory management and reduce capital intensity over time [66][67] Conclusion - Johnson Controls is undergoing significant transformation under new leadership, focusing on operational efficiency, customer-centric strategies, and leveraging technology for growth. The company is well-positioned to navigate market challenges while pursuing long-term financial goals.

Howard Hughes Holdings (HHH) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Speaker0 Thank you for standing by and welcome to the Howard Hughes Management's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in listen only mode. After the speakers' presentation, there will be a question and answer session. As a reminder, today's program is being recorded. And now I'd like to introduce your host for today's program, Eric Holcomb, Senior Vice President of Investor Re ...

SL Green Realty Corp. (NYSE: SLG ) is down 20% year-to-date, peeling back from a remarkable rally that had seen the Manhattan-focused office REIT up more than 300% from post-pandemic lows. The recent dip is reflective of a macroeconomic zeitgeist thrust into the greyzoneThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet ...

GRIFFON OVERVIEW Copyright © 2025 Griffon Corporation. All rights reserved. Q1 FY25 INVESTOR PRESENTATION FEBRUARY 2025 Compelling opportunity for shareholder value creation supported by operating performance, deleveraging and capital allocation priorities $2.6B $528M $3.5B 20% $1.3B 5,160 Revenue Adj. EBITDA Market Cap1 Adj. EBITDA Margin Net debt Employees B R E A K D O W N B Y O P E R A T I N G S E G M E N T CPP 39% Adjusted EBITDA (excl. unallocated) ($millions) Revenue U.S. 82% Int'l 18% $503 $85 CPP H ...

SAN DIEGO, May 8, 2025 /PRNewswire/ -- Sempra (NYSE: SRE) today reported first-quarter 2025 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $906 million or $1.39 per diluted share, compared to first-quarter 2024 GAAP earnings of $801 million or $1.26 per diluted share. On an adjusted basis, first-quarter 2025 earnings were $942 million or $1.44 per diluted share, compared to $854 million or $1.34 per diluted share in 2024.   Sempra’s Value Creation Initiatives ...

AMG: Strategic Partner to Industry-Leading Independent Investment Firms 30+ years of partnering with leading investment specialists 35+ independent Affiliates offering diverse suite of investment products Q1 2025 Investor Overview 3 ~$712B Assets Under Management Industry-Leading Independent Managers Attractive partnership model self-selects entrepreneurial, growing firms and enables access to specialist capabilities at scale High-Quality, Diverse Product Set Excellent breadth and quality of products manage ...