Financial Data and Key Metrics Changes - Comparable RevPAR increased by 2% over 2024, while total RevPAR increased by 1.6% [4] - Hotel adjusted EBITDA margins increased by 54 basis points, with hotel adjusted EBITDA in Q1 at $61.3 million, reflecting a 2.2% growth over 2024 [9] - Adjusted FFO was $0.19 per share, an increase of $0.01 or 5.6% over 2024 [10] - Free cash flow per share increased by 10% to $0.63 per share over the prior four-quarter period [10] Business Line Data and Key Metrics Changes - Urban portfolio RevPAR grew by 5%, driven by group and business transient segments, with room revenues up 3.1% in January, 2.6% in February, and 5.4% in March [4] - Food and beverage revenue at urban hotels declined by 3.3% year over year, but excluding the Chicago Marriott, it increased by 5.5% [5] - Resort portfolio comparable RevPAR declined by 2.1% over 2024, with total revenues slightly up in January and February but down 4.3% in March [6][7] - Group room revenues increased by 10.4% over last year on a 5.2% increase in room nights [8] Market Data and Key Metrics Changes - Florida assets saw mid-single-digit revenue declines, with RevPAR down 5.9% and total RevPAR down 4% [7] - Outside of Florida, RevPAR increased by 1.7% and total RevPAR increased by 2.9% [7] - Preliminary April RevPAR showed better than 2% growth [30] Company Strategy and Development Direction - The company is focused on adding groups to resorts to preserve pricing and improve profitability [8] - Plans to refinance maturing loans through a combination of corporate debt issuance and recasting the corporate credit facility [12] - The company is pursuing opportunities to dispose of non-strategic assets while recycling proceeds into attractive investment alternatives [17] Management's Comments on Operating Environment and Future Outlook - Management noted that the unsettled macroeconomic environment has led to softer closure rates for group bookings [9] - The long-term secular drivers for US resorts remain strong, but near-term performance could be soft [20] - The company expects economic anxiety to settle as 2025 progresses, with a focus on increasing earnings per share [27] - Revised full-year 2025 RevPAR outlook to a range of -1% to +1% growth, reflecting a cautious stance on group bookings [23] Other Important Information - The company intends to continue paying a quarterly dividend of $0.08 per share in 2025 [10] - Share repurchases totaled approximately $16 million or 2.1 million shares at an average price of $7.85 [11] Q&A Session Summary Question: Preliminary portfolio-wide RevPAR for April - Preliminary April is showing a little better than 2% growth [30] Question: Renovation project costs and tariffs - Costs depend on the type of renovations; efforts are being made to secure materials before tariffs are reinstated [31][32] Question: Group conversion profile and average group size - The average hotel is about 200 to 250 rooms, with groups running the gamut from associations to corporate [36][37] Question: Group pacing in specific markets - Denver and Salt Lake are showing significant strength in group bookings [41] Question: Holes in group bookings for the rest of the year - The biggest holes are due to difficult comps in Chicago and Boston [48] Question: Average booking window for groups - Smaller groups tend to book 4 to 6 months out, while larger groups book 8 to 12 months out [53] Question: Competitive supply growth and developer behavior - Approximately 40% to 50% of markets have little to no supply growth due to anti-development stances [82]

Core Viewpoint - Analysts project that Williams Companies, Inc. (WMB) will report quarterly earnings of $0.55 per share, reflecting a year-over-year decline of 6.8%, while revenues are expected to increase by 13.4% to $3.14 billion [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 4.6% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Key Metrics Projections - Analysts predict 'Northeast G&P - Gathering volumes' to reach 4.31 Bcf/D, slightly down from 4.33 Bcf/D a year ago [5]. - 'West - NGL equity sales' are expected to be 6.00 million barrels per day, consistent with the previous year's figure [5]. - 'West - Gathering volumes' are projected at 5.71 Bcf/D, down from 5.75 Bcf/D in the same quarter last year [6]. - 'Adjusted EBITDA- Other' is estimated at $108.41 million, up from $74 million a year ago [6]. - 'Adjusted EBITDA- Northeast G&P' is expected to be $495.34 million, compared to $504 million last year [7]. - 'Adjusted EBITDA- Transmission and Gulf of Mexico' is projected at $897.66 million, up from $839 million a year ago [7]. - 'Adjusted EBITDA- West' is forecasted to reach $366.14 million, compared to $328 million last year [7]. - 'Adjusted EBITDA- Gas & NGL Marketing Services' is estimated at $119.41 million, down from $189 million in the same quarter last year [8]. - 'Modified EBITDA- Northeast G&P' is projected at $491.69 million, compared to $504 million last year [8]. - 'Modified EBITDA- Transmission and Gulf of Mexico' is expected to be $907.81 million, up from $829 million a year ago [9]. - 'Modified EBITDA- West' is forecasted at $374.29 million, compared to $327 million last year [9]. Stock Performance - Over the past month, shares of The Williams Companies have returned -0.4%, slightly better than the Zacks S&P 500 composite's -0.5% change [9].

Select Medical (SEM) Q1 2025 Earnings Call May 02, 2025 09:00 AM ET Company Participants Robert Ortenzio - Co-Founder & Executive ChairmanMartin Jackson - Senior Executive Vice President of Strategic Finance & OperationsBen Hendrix - Vice PresidentBill Sutherland - Director of Research Conference Call Participants Justin Bowers - AnalystAnn Hynes - Senior Healthcare Services Equity Analyst & Managing Director Operator Good morning, and thank you for joining us today for Select Medical Holdings Corporation's ...

THREE MONTHS ENDED MARCH 31, 2025 Important Cautionary Notes All amounts in this Supplemental Information are in U.S. dollars unless otherwise specified. Unless otherwise indicated, the statistical and financial data in this document is presented as at March 31, 2025. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION Note: This Supplemental Information contains "forward-looking information" within the meaning of Canadian provincial securities laws and "forward-looking statements" wit ...

BROOKFIELD, News, May 02, 2025 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBU, BBUC; TSX: BBU.UN, BBUC) announced today financial results for the quarter ended March 31, 2025. “We had an active start to the year, generating over $1.5 billion from our capital recycling initiatives, progressing the acquisition of two market-leading industrial operations and investing approximately $140 million to repurchase our units and shares,” said Anuj Ranjan, CEO of Brookfield Business Partners. “During peri ...

Core Viewpoint - BrightSpring Health Services, Inc. reported strong financial results for Q1 2025, with significant increases in revenue and adjusted EBITDA, and has raised its full-year guidance for revenue and adjusted EBITDA [1][6]. Financial Performance - Net Revenue for Q1 2025 reached $2,878 million, a 25.9% increase from $2,286 million in Q1 2024 [3][6]. - Gross Profit for the same period was $338 million, up 15.7% from $292 million in Q1 2024 [3][6]. - Net Income from Continuing Operations was $9.2 million, a turnaround from a Net Loss of $56.0 million in Q1 2024 [3][6]. - Adjusted EBITDA for Q1 2025 was $131 million, reflecting a 28.2% increase compared to $102 million in Q1 2024 [4][6]. Segment Performance - Pharmacy Solutions Revenue was $2,532 million, up 28% from $1,977 million in Q1 2024 [5]. - Provider Services Revenue increased by 12% to $346 million from $309 million in Q1 2024 [5]. Guidance and Future Outlook - The company has increased its 2025 Revenue guidance to a range of $12,000 million to $12,500 million, representing a growth of 19.1% to 24.1% [6][14]. - Adjusted EBITDA guidance for 2025 is now set at $570 million to $585 million, indicating a growth of 23.9% to 27.2% [6][14]. Strategic Initiatives - The planned divestiture of the Community Living business to Sevita is on track to be completed within the year [6].

Core Insights - Shell plc reported a significant increase in income attributable to shareholders, reaching $4.78 billion in Q1 2025, compared to $928 million in Q4 2024 and $7.36 billion in Q1 2024, reflecting a 415% increase from the previous quarter [1] - Adjusted Earnings for Q1 2025 were $5.58 billion, a 52% increase from $3.66 billion in Q4 2024, while Adjusted EBITDA rose to $15.25 billion, a 7% increase from $14.28 billion in the previous quarter [1] - Cash flow from operating activities decreased by 29% to $9.28 billion compared to $13.16 billion in Q4 2024, primarily due to tax payments and working capital outflows [1][4] Financial Performance - Total revenue for Q1 2025 was $70.15 billion, an increase from $66.81 billion in Q4 2024 [71] - The company reported a basic earnings per share of $0.79, up from $0.15 in Q4 2024 [1] - Total debt at the end of Q1 2025 was $76.51 billion, with net debt increasing to $41.52 billion from $38.81 billion in Q4 2024, resulting in a gearing ratio of 18.7% [1][6] Segment Analysis Integrated Gas - Income for the Integrated Gas segment was $2.79 billion, up 60% from $1.74 billion in Q4 2024, driven by lower exploration well write-offs and higher product margins [18][21] - Adjusted Earnings for this segment increased to $2.48 billion, a 15% rise from $2.17 billion in the previous quarter [18] Upstream - The Upstream segment reported income of $2.08 billion, a 102% increase from $1.03 billion in Q4 2024, attributed to lower exploration well write-offs and favorable tax movements [27][29] - Adjusted Earnings rose to $2.34 billion, a 39% increase from $1.68 billion in Q4 2024 [27] Marketing - The Marketing segment's income was $814 million, a significant increase from $103 million in Q4 2024, driven by lower operating expenses and higher marketing margins [34][37] - Adjusted Earnings for this segment were $900 million, reflecting a 7% increase from $839 million in the previous quarter [34] Chemicals and Products - The Chemicals and Products segment reported a loss of $77 million, an improvement from a loss of $276 million in Q4 2024, driven by higher product margins [42][44] - Adjusted Earnings for this segment were $449 million, a substantial increase from a loss of $229 million in the previous quarter [42] Renewables and Energy Solutions - The Renewables and Energy Solutions segment reported a loss of $247 million, an improvement from a loss of $1.23 billion in Q4 2024, primarily due to higher trading and optimization margins [50][55] - Adjusted Earnings were negative at $42 million, compared to a loss of $311 million in the previous quarter [50] Shareholder Distributions - Total shareholder distributions in Q1 2025 amounted to $5.5 billion, including $3.3 billion in share repurchases and $2.2 billion in cash dividends [7] - The dividend declared for Q1 2025 was $0.3580 per share, consistent with the previous quarter [1][7] Outlook - For the full year 2025, Shell expects cash capital expenditure to be between $20 billion and $22 billion [64] - Integrated Gas production is projected to be approximately 890 - 950 thousand boe/d, while Upstream production is expected to be around 1,560 - 1,760 thousand boe/d [65][66]

Financial Performance - Sales from continuing operations for Q1 2025 were $131.7 million, a slight increase of 0.4% compared to $131.2 million in Q1 2024 [3][7] - Adjusted EBITDA decreased to $2.3 million, representing a margin of 1.7%, down from $4.9 million and a margin of 3.7% in the same period last year [3][9] - The net loss from continuing operations was $4.0 million, compared to a loss of $1.8 million in Q1 2024 [3][10] - Cash flow from operating activities decreased to $6.2 million from $11.7 million in the prior year [3][11] Financial Position - As of March 22, 2025, net debt was reduced to $47.1 million from $47.8 million at the end of 2024 [3][12] - The financial leverage ratio increased to 2.8x from 2.4x [3][4] - Working capital decreased to $45.8 million from $50.3 million at the end of the previous fiscal year, attributed to seasonal effects [11][12] Market Dynamics - The growth in purchasing volume with distribution clients is helping the company gain market share despite a slowdown in the restaurant industry [5] - The renewal of a supply agreement with an institutional client at lower margins than in 2024 is impacting financial performance [8][9] - Wholesale activities sales decreased by 3.8%, primarily due to the slowdown in the restaurant industry [8] Strategic Initiatives - The company announced an agreement to acquire the food distribution assets of Alimplus Inc. and its subsidiary Tout-Prêt Inc. for $51.5 million, pending closing conditions [7] - Management is focusing on sound financial management and aims to improve product and customer mix to mitigate the impact of lower-margin contracts [13]

Reports First Quarter 2025 Results in Line with ExpectationsStrategic Accomplishments PPA backlog of 11.7 GW, including 5.3 GW under construction Completed the construction of 643 MW of energy storage and solar; on track to add a total of 3.2 GW of new projects to operations in full year 2025 Signed or awarded new long-term PPAs for 443 MW of solar and energy storage Received final regulatory approval for the 170 MW Crossvine solar-plus-storage project at AES Indiana With the sale of a minority stake in t ...

May 2025 First Quarter 2025 Investor Presentation Ashley Park | Atlanta, GA Highlights Q1 2025 Highlights | $80mm | Investment activity | | --- | --- | | $225 | Implied property value per square foot | | ~109,400 | Square feet of comparable leasing activity | | 37% | Comparable leasing spread | | 83% | ABR from Georgia, Texas, Florida & North Carolina | | ~191,000 | Portfolio 5-mile population | | 6.6x | Net Debt to Pro Forma Adjusted EBITDA | | 2.4% | Same-Property NOI quarter-over-quarter growth | $496M $ ...