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Pilgrim's Pride Reports Fourth Quarter and Year-End 2025 Results
Globenewswire· 2026-02-11 21:44
GREELEY, Colo., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Pilgrim’s Pride Corporation (NASDAQ: PPC), one of the world's leading food companies, reports its fourth quarter and year-end 2025 financial results. 2025 Highlights Net Sales of $18.5 billion.Consolidated GAAP Operating Income margin of 8.7%.GAAP Net Income of $1.1 billion and GAAP EPS of $4.54. Adjusted Net Income of $1.2 billion, and Adjusted EPS of $5.17.Adjusted EBITDA of $2.3 billion, or a 12.3% margin, with Adjusted EBITDA margins of 14.8% in the U.S. ...
Nabors Announces Fourth Quarter and Full-Year 2025 Results
Prnewswire· 2026-02-11 21:15
Core Insights - Nabors Industries reported fourth quarter 2025 operating revenues of $798 million, a decrease from $818 million in the third quarter, with net income attributable to shareholders dropping to $10 million from $274 million in the previous quarter [1][3] - The company completed significant debt reduction transactions, including redeeming $546 million of notes due in 2027 and issuing $700 million of notes due in 2032, resulting in a total debt reduction of $388 million since the end of 2024 [1][2] - Adjusted free cash flow for the fourth quarter was $132 million, a substantial increase from $6 million in the third quarter, driven by improved EBITDA and lower capital spending [1][2] Financial Performance - Fourth quarter adjusted EBITDA was $222 million, down from $236 million in the previous quarter, while adjusted operating income was $62.4 million compared to $76 million in the third quarter [1][3] - The U.S. Drilling segment reported adjusted EBITDA of $93.2 million, slightly down from $94.2 million, while International Drilling adjusted EBITDA increased to $131.3 million from $127.6 million [1][3] - Drilling Solutions adjusted EBITDA decreased to $41.3 million from $60.7 million, but grew 2.3% when excluding the impact of Quail Tools [1][3] Operational Highlights - Average rig counts in the Lower 48 and International Drilling segments exceeded expectations, with the Lower 48 count increasing towards the end of the quarter [1][2] - The company successfully added rigs in various international markets, including Saudi Arabia, Argentina, and Mexico, contributing to improved operational performance [1][2] - The introduction of the new Canrig® automated floor wrench is expected to enhance efficiency, demonstrating a 30% reduction in cycle time [2] Outlook - For the first quarter of 2026, Nabors anticipates U.S. Drilling adjusted EBITDA of $16 - $17 million and a Lower 48 average rig count of 64 - 65 rigs [2] - Full-year 2026 expectations include U.S. Drilling adjusted EBITDA of $55 - $60 million and capital expenditures of approximately $730 - $760 million [2] - The company aims to continue reducing debt and improving leverage metrics while focusing on delivering long-term value [1][2]
CoreCivic Reports Fourth Quarter and Full Year 2025 Financial Results
Globenewswire· 2026-02-11 21:15
Core Insights - CoreCivic reported strong financial performance for Q4 and full year 2025, driven by facility activations and higher occupancy rates [1][2] - The company anticipates continued growth in 2026 due to increased demand from government partners and the activation of previously idle facilities [1][2] Financial Performance - Total revenue for Q4 2025 was $604.0 million, a 26% increase year-over-year, while full year revenue reached $2.2 billion, up 13% [2] - Net income for Q4 2025 was $26.5 million, a 38% increase from Q4 2024, with diluted EPS rising 53% to $0.26 [2][3] - Adjusted EBITDA for Q4 2025 was $92.5 million, up 25% year-over-year, and full year adjusted EBITDA was $365.6 million, an 11% increase [2][9] Operational Highlights - The Dilley Immigration Processing Center resumed operations in Q1 2025, contributing to increased occupancy levels, which rose to 78.1% in Q4 2025 from 75.5% in Q4 2024 [4][5] - Revenue from U.S. Immigration & Customs Enforcement (ICE) more than doubled year-over-year, reaching $244.7 million in Q4 2025 [7] - The company activated four previously idle facilities, positioning them for new contract awards and increased capacity [1][2] Capital Strategy - CoreCivic's share repurchase program has been expanded to $700 million, with $218.4 million spent on repurchasing 11.2 million shares in 2025 [12][13] - The company amended its revolving credit facility to increase capacity from $275 million to $575 million, enhancing balance sheet flexibility [14] 2026 Financial Guidance - For 2026, CoreCivic expects net income between $147.5 million and $157.5 million, with diluted EPS projected at $1.49 to $1.59 [19][20] - The guidance does not include potential new contract awards or activations of remaining idle facilities, which could impact financial performance [20][21]
Is Wall Street Bullish or Bearish on Targa Resources Stock?
Yahoo Finance· 2026-02-11 15:55
Core Viewpoint - Targa Resources Corp. (TRGP) has a market capitalization of $46.6 billion and operates a diversified portfolio of natural gas, NGL, and crude oil assets across North America, providing integrated services in energy commodities [1] Performance Summary - Over the past 52 weeks, TRGP stock has increased by 7.7%, underperforming the S&P 500 Index, which rose by 14.9%. However, on a year-to-date basis, TRGP shares are up 18.6%, significantly outperforming the S&P 500's 1.8% gain [2] - TRGP stock has also underperformed compared to the State Street Energy Select Sector SPDR ETF (XLE), which returned 19.7% over the same period [3] Financial Highlights - On November 5, 2025, Targa Resources reported a record Q3 2025 adjusted EBITDA of $1.27 billion, reflecting a 19% year-over-year increase, driven by record volumes in Permian, NGL transportation, and fractionation [5] - The company raised its full-year 2025 adjusted EBITDA outlook to the upper end of the range, estimating between $4.65 billion and $4.85 billion, and announced several growth projects, including new gas plants and pipeline expansions [5] Earnings Expectations - For the fiscal year ending December 2025, analysts project TRGP's EPS to increase by 45.8% year-over-year to $8.37. The company's earnings surprise history shows mixed results, beating consensus estimates once in the last four quarters while missing three times [6] - Among 22 analysts covering TRGP, the consensus rating is a "Strong Buy," with 18 "Strong Buy" ratings, one "Moderate Buy," and three "Holds" [6] Analyst Ratings - Morgan Stanley raised its price target for Targa Resources to $266, maintaining an "Overweight" rating. The stock is currently trading above the mean price target of $210.91, with the highest price target of $266 indicating a potential upside of 21.5% from current levels [7]
Zillow Group's Q4 EPS Lags Estimates, Revenues Beat Y/Y
ZACKS· 2026-02-11 15:26
Core Insights - Zillow Group reported Q4 2025 adjusted EPS of 39 cents, missing the Zacks Consensus Estimate of 42 cents, but showing significant year-over-year growth [1][8] - Total revenues reached $654 million, exceeding the Zacks Consensus Estimate of $649.8 million, and reflecting an 18.1% year-over-year increase [1][2] Revenue Breakdown - For-sale revenues in Q4 increased by 11% to $475 million, with residential revenues growing 8% year over year to $418 million, supported by agent and software offerings [3] - Mortgage revenues surged 39% year over year to $57 million, driven by a 67% increase in purchase loan origination volume to $1.5 billion [3] - Rental revenues grew 44.8% year over year to $168 million, primarily due to a 63% increase in multifamily revenue [4] Cost and Expenses - Total select operating expenses and cost of revenues rose 7% year over year to $665 million, attributed to higher lead acquisition costs and legal expenses [5] - Adjusted EBITDA margin improved by 260 basis points to 23% of revenues, amounting to $149 million, due to effective cost management [4] Balance Sheet and Share Repurchase - Zillow ended Q4 2025 with $1.3 billion in cash and investments, a decrease from $1.4 billion in the previous quarter [6] - The company repurchased 3.4 million shares for $232 million during the fourth quarter [6] 2026 Outlook - For Q1 2026, Zillow anticipates total revenues between $700-710 million and adjusted EBITDA of $160 to $175 million [7] - For-sale revenues are expected to slightly exceed the 11% growth achieved in Q4 2025, with rental revenues projected to rise around 40% year over year [7][10] - Management forecasts mid-teens revenue growth and adjusted EBITDA margin expansion for 2026 [10]
SFL .(SFL) - 2025 Q4 - Earnings Call Presentation
2026-02-11 15:00
SFL Corporation Ltd. 1 Forward Looking Statements This presentation contains forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including SFL management's examination of historical operating trends, data contained in the Company's records and other data available from third parties. Although SFL believes that these assumptions were reasonable when made, because assumptions are inherently subject to significant uncertai ...
Latch (Now DOOR) Files Q3 2025 SEC Report and Provides Q3 2025 Financial Update
Prnewswire· 2026-02-11 14:15
Core Viewpoint - DOOR, formerly known as Latch, Inc., has filed its Q3 2025 SEC report, marking the completion of its transition to current reporting obligations after a lengthy process that began with a restatement of historical financial statements in August 2022 [1]. Financial Highlights - Adjusted EBITDA for Q3 2025 was $(4.6) million, reflecting a $7.4 million (62%) year-over-year improvement [1]. - The net loss for Q3 2025 was $(6.6) million, a $10.5 million (61%) year-over-year improvement [1]. - Operating expenses decreased to $14.0 million, down $9.4 million (40%) year-over-year [1]. - Total revenue reached $17.4 million, an increase of $2.5 million (17%) year-over-year [1]. - Software revenue was $5.4 million, a $0.3 million (6%) year-over-year increase [1]. Business Operations - The company is focused on completing its Annual Report on Form 10-K for the year ended December 31, 2025 [1]. - Following the filing of the Quarterly Report, DOOR anticipates moving its shares to the OTC Pink Limited Market and is applying to the OTCID Market [1]. - The company plans to evaluate options for trading or listing its securities on the OTCQB or OTCQX Market or a national securities exchange [1]. Key Business Metrics - For the three months ended September 30, 2025, software revenue was $5,370,000, compared to $5,077,000 in 2024, marking a 6% increase [2]. - Total revenue for the nine months ended September 30, 2025, was $52,255,000, a 31% increase from $39,916,000 in 2024 [2]. - The net loss for the nine months ended September 30, 2025, was $(25,681,000), a 46% improvement from $(47,630,000) in 2024 [2].
Parsons(PSN) - 2025 Q4 - Earnings Call Transcript
2026-02-11 14:02
Financial Data and Key Metrics Changes - In FY 2025, the company achieved a total revenue growth of 12% and an organic revenue growth of 8%, excluding a confidential contract [4][22] - Adjusted EBITDA expanded by 60 basis points to a record margin of 9.6%, building on a previous expansion of 50 basis points in 2024 [4][24] - Free cash flow conversion reached 100%, exceeding the high end of FY 2025 cash flow guidance [4][22] Business Line Data and Key Metrics Changes - Critical Infrastructure segment reported 10% organic growth, while Federal Solutions segment achieved 7% organic growth, both excluding the confidential contract [4] - In Q4, Critical Infrastructure revenue increased by 12% year-over-year, driven by organic growth of 9% and contributions from recent acquisitions [25] - Federal Solutions segment saw a 9% increase in revenue for Q4, with a 6% organic growth, but total revenue including the confidential contract decreased by 22% [27] Market Data and Key Metrics Changes - The company reported strong demand in both North America and Middle East markets, with double-digit revenue growth in both regions [16][19] - The backlog at the end of Q4 totaled $8.7 billion, with a funded backlog of $6.4 billion, representing the highest level since the IPO [31] Company Strategy and Development Direction - The company aims to achieve mid-single digit or better annual organic revenue growth supplemented by accretive acquisitions, targeting double-digit margins by 2028 [8][32] - The focus remains on integrated solutions to move up the value chain and win larger, more strategic programs [7][19] - The company is well-positioned to capitalize on unprecedented global infrastructure spending and a favorable federal budget environment [18][34] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future growth, citing a robust pipeline of opportunities and strong total and funded backlog [36][37] - The company anticipates a positive procurement environment in Federal Solutions, with expectations of achieving a book-to-bill ratio over 1.0 in H1 2026 [44][65] Other Important Information - The company completed three acquisitions in FY 2025 and has a strong balance sheet with a net debt leverage ratio of 1.3 times [29][30] - The acquisition of Applied Sciences Consulting and Altamira Technologies Corporation is expected to enhance the company's capabilities and market presence [14][15] Q&A Session Summary Question: Expectations for Critical Infrastructure margins - Management confirmed that legacy adjustments are behind them and expects continued margin expansion in Critical Infrastructure, with a focus on North America [40] Question: Order activity in Federal Solutions post-government shutdown - Management noted a positive trend in order activity and anticipates achieving a book-to-bill ratio over 1.0 in H1 2026 [44] Question: Addressable market for DroneArmor system - Management highlighted the unique capabilities of the DroneArmor solution and its potential applications across various federal departments [50] Question: Demand for mega projects in the Middle East - Management reported ongoing strong demand for major projects in the Middle East, particularly in Saudi Arabia, with a focus on key upcoming global events [54] Question: Federal Solutions revenue guidance adjustments - Management acknowledged previous revenue guidance revisions due to procurement delays and expressed confidence in a positive procurement environment moving forward [64] Question: Margin outlook and potential for upside - Management indicated that while there are headwinds from a confidential program, there are opportunities for margin expansion through product growth and accretive M&A [72]
The Chefs' Warehouse(CHEF) - 2025 Q4 - Earnings Call Presentation
2026-02-11 13:30
Fourth Quarter 2025 Earnings Presentation The Chefs' Warehouse, Inc. 1 Safe Harbor Statement Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this presentation regarding the business of The Chefs' Warehouse, Inc. (the "Company") that are not historical facts are "forward-looking statements" that involve risks and uncertainties and are based on current expectations and management estimates; actual results may differ materially. The risks and uncertainties which ...
SiteOne(SITE) - 2025 Q4 - Earnings Call Presentation
2026-02-11 13:00
2 This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may include, but are not limited to, statements relating to our 2026 effective tax rate, pricing, Organic Daily Sales growth, gross margin, SG&A leverage, and Adjusted EBITDA outlook. Some of the forward-looking statements can be identified by the use of terms such as "may," "intend," "might," "will," "should," "could," "would," "expect," "believe," ...