AMERISAFE, Inc. (NASDAQ:AMSF) Q4 2024 Earnings Conference Call February 27, 2025 10:30 AM ET Company Participants Kathryn Shirley - Chief Administrative Officer Janelle Frost - President & Chief Executive Officer Andy Omiridis - Executive Vice President & Chief Financial Officer Conference Call Participants Mark Hughes - Truist Matt Carletti - Citizens JMP Bob Farnam - Janney Operator Good day, and welcome to the AMERISAFE fourth quarter 2024 earnings call. Today's conference is being recorded. At this time ...

Hamilton Insurance Group, Ltd. (NYSE:HG) Q4 2024 Earnings Conference Call February 27, 2025 9:00 AM ET Company Participants Jon Levenson - Group Treasurer & Head, Investor Relations Pina Albo - Chief Executive Officer Craig Howie - Chief Financial Officer Conference Call Participants Elyse Greenspan - Wells Fargo Alex Scott - Barclays Michael Zaremski - BMO Capital Markets Matt Carletti - Citizens JMP Tommy McJoynt - KBW Operator Hello, and welcome to the Hamilton Insurance Group Earnings Conference Call. A ...

Financial Data and Key Metrics Changes - Revenue for Q4 was $622 million, representing a total company growth of 9% on a constant currency basis or 8% reported, aided by a temporary shortage in IV Solutions [9][10] - Adjusted EBITDA increased by 22% to $106 million compared to $86 million last year [27] - Adjusted diluted earnings per share for the quarter was $2.11, compared to $1.57 last year [25] Business Segment Data and Key Metrics Changes - Consumables business grew 6% both in constant currency and reported terms in Q4 [11] - IV Systems business grew 7% reported and 4% constant currency, marking the best absolute quarter in pumps [12] - Vital Care segment grew 16% on a constant currency and reported basis, primarily due to the national shortage in IV Solutions [13] Market Data and Key Metrics Changes - The broader demand and utilization environment in Q4 remained solid across almost every geography [10] - The capital environment is stable, with necessary investments being completed [10] Company Strategy and Development Direction - The company is preparing for a joint venture with Otsuka Pharmaceutical Factory, which is expected to enhance operational capabilities and customer service [14] - Focus on improving profitability through operational efficiencies and innovation in product offerings [44][50] - Plans to optimize the manufacturing network and logistics to achieve better gross margins [99] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about achieving healthy revenue growth in all differentiated product lines [16] - The company aims to improve free cash flow by completing quality remediation and integration activities [40] - Management acknowledged the challenges posed by currency fluctuations and inflation but remains focused on operational improvements [50] Other Important Information - The company expects the IV Solutions JV transaction to close in Q2 2025, which will impact financial reporting [29][30] - Anticipated reduction in adjusted revenue of $350 million and adjusted EBITDA of $25 million post-JV transaction [31] Q&A Session Summary Question: What is driving the growth in Consumables? - Management indicated that growth was driven by a combination of new installations, global growth, and pricing [60] Question: What was the EBITDA margin excluding IV Solutions in 2024? - Management did not disclose specific figures but suggested that it would not be materially different from the reported total [62] Question: What is the demand environment for capital equipment? - Management described the environment as normal, with necessary capital investments being made [80] Question: Can you elaborate on the expected growth in Consumables? - Management expects all four product lines to contribute to growth, with confidence in legacy ICU lines [122] Question: What are the drivers for achieving the $500 million EBITDA goal? - Management highlighted sustained revenue growth, gross margin improvements, and currency stabilization as key drivers [128]

Opendoor (OPEN) Q4 2024 Earnings Call February 27, 2025 05:00 PM ET Company Participants Kimberly Niehaus - Investor Relations OfficerCarrie Wheeler - Chief Executive OfficerSelim Freiha - CFODae Lee - VP - Equity ResearchYgal Arounian - Director - Internet Equity ResearchNicholas Jones - MD - Internet Equity ResearchJeff Seiner - VP, Internet Equity ResearchRyan Tomasello - Managing DirectorNick McAndrew - Equity Research Associate Operator Good day, and thank you for standing by. Welcome to the Opendoor T ...

HEICO Corporation (NYSE:HEI) Q1 2025 Earnings Conference Call February 27, 2025 9:00 AM ET Company Participants Laurans Mendelson - Chairman and CEO Eric Mendelson - Co-Presidents Victor Mendelson - Co-Presidents Carlos Macau - Executive Vice President and CFO Conference Call Participants Pete Lucas - CJS Securities Sheila Kahyaoglu - Jefferies Noah Poponak - Goldman Sachs Scott Mikus - Melius Research Jan Engelbrecht - Baird Tony Bancroft - Gabelli Funds Scott Deuschle - Deutsche Bank Josh Korn - Barclays ...

Papa John’s International (PZZA) Q4 2024 Earnings Call February 27, 2025 08:00 AM ET Company Participants Stacy Frole - VP, IRTodd Penegor - President & CEORavi Thanawala - CFOLauren Silberman - DirectorPeter Saleh - MD - Restaurants Conference Call Participants Jim Salera - Research AnalystSara Senatore - Senior Research AnalystBrian Bittner - Senior Equity Analyst - RestaurantsBrian Mullan - Director & Senior Research AnalystEric Gonzalez - Senior Research Analyst - US RestaurantsTodd Brooks - Equity Rese ...

Financial Data and Key Metrics Changes - The company reported an adjusted EBITDA of approximately $132 million for Q4, down from $167 million in the previous quarter [33] - Net income for the quarter was around $20 million, or $0.15 per share, compared to approximately $44.5 million, or $0.34 per share, in the previous quarter [36] - The fixed-rate backlog stands at approximately $4.3 billion, with 2/3 of this backlog attributed to customers with investment-grade ratings [101][40] Business Line Data and Key Metrics Changes - The container fleet generated approximately $85 million in gross charter hire during Q4, down from the previous quarter due to scheduled dry dockings and efficiency upgrades [27] - The tanker fleet generated approximately $42 million in gross charter hire, an increase from approximately $37 million in the previous quarter [29] - The energy assets generated approximately $55 million in contract revenues, down from approximately $86 million in the previous quarter [32] Market Data and Key Metrics Changes - The overall utilization across the shipping fleet in Q4 was 98.3%, primarily affected by 108 days spent in dry dock [114] - The rig market index rate increased by 2.3% in Q4, with the Hercules rig recording revenue of $34 million and costs of approximately $26 million [116][24] - The company has a diversified fleet with 15 dry bulk vessels, 38 containerships, 18 tankers, 2 drilling rigs, and 7 car carriers [110] Company Strategy and Development Direction - The company has transformed its operating model over the last 10 years to focus on long-term charters with large end users [10] - There is a strong emphasis on investing in vessel maintenance and upgrades to meet tightening regulatory requirements and improve customer partnerships [112] - The company is segment agnostic and seeks to pursue the right deals with strong counterparties across various shipping segments [69] Management's Comments on Operating Environment and Future Outlook - Management expects a slow market for the Hercules rig in the first half of 2025, with more prospects anticipated in the second half [45] - The company believes that the dividend stability is tied to long-term prospects, with a focus on maintaining a strong cash flow foundation [50][52] - Management does not foresee a significant impact on profitability from the large delivery backlog of container ships due to the current long-term charters in place [92] Other Important Information - The company raised approximately $1.3 billion in financing, including $220 million in senior unsecured bonds in 2024 [104] - A recent court ruling ordered Seadrill to pay approximately $48 million in compensation, which is subject to appeal [105][76] - The company has a strong balance sheet with approximately $135 million in cash and cash equivalents at quarter-end [36] Q&A Session Summary Question: What are the operational expenses for the Hercules rig while warm stacked? - Management indicated that the Hercules rig is currently warm stacked and is being upgraded to enhance its attractiveness for future contracts [46][47] Question: How stable is the dividend payout? - The dividend is set on a quarter-over-quarter basis, with discussions focused on long-term prospects and cash flow stability [50][52] Question: What is the company's view on tariffs and their impact on shipping? - Management believes that strong counterparties like Volkswagen Group can absorb tariff impacts, and the company is not directly exposed to these risks [61][64] Question: What are the plans for redeploying proceeds from the sale of Capesize vessels? - The company is open to various segments and will focus on finding the right deals with strong structures and counterparties [68][72] Question: What is the expected timeline for the Seadrill appeal ruling? - The appeal period ends on March 5, and if appealed, it could take up to 12 months for a new ruling [76]

Oatly Group (OTLY) Q4 2024 Earnings Call February 12, 2025 08:00 AM ET Company Participants Brian Kearney - VP-IRJean-Christophe Flatin - Chief Executive OfficerDaniel Ordoñez - Chief Operating OfficerMarie-José David - Chief Financial OfficerKaumil Gajrawala - Managing DirectorMax Gumport - Director - Equity ResearchJohn Baumgartner - Managing Director, Equity Research Conference Call Participants Elsa Evans - Equity AnalystMichael Lavery - Senior Equity Research Analyst Operator Good morning, and welcome ...

RLI (RLI) Q4 2024 Earnings Call January 23, 2025 11:00 AM ET Company Participants Aaron Diefenthaler - Chief Investment Officer & TreasurerCraig Kliethermes - President and CEOTodd Bryant - CFOJen Klobnak - COOGregory Peters - Managing Director - Equity ResearchAndrew Andersen - Equity Research Vice PresidentMeyer Shields - Managing DirectorJamie Inglis - Senior Managing Director & Partner Conference Call Participants Mike Phillips - Managing Director and Insurance AnalystBill Carcache - Equity Research Ana ...

Alcoa (AA) Q4 2024 Earnings Call January 22, 2025 05:00 PM ET Company Participants Louis Langlois - Senior Vice President of Treasury & Capital MarketsWilliam Oplinger - CEO & PresidentMolly Beerman - Executive VP & CFOTimna Tanners - Managing Director - Equity ResearchBennett - SPEAKER Conference Call Participants Katja Jancic - AnalystLawson Winder - AnalystDaniel Major - AnalystCarlos de Alba - AnalystNick Giles - Equity Research AnalystChris LaFemina - Equity Research AnalystMichael Dudas - Equity Resea ...