Louisiana-Pacific (LPX) Q1 2025 Earnings Call May 06, 2025 11:00 AM ET Company Participants Aaron Howald - Vice President of Investor Relations and Business DevelopmentBrad Southern - Chair & CEOAlan Haughie - EVP & CFOKetan Mamtora - Director - Building Products Equity ResearchMichael Roxland - MD - Equity ResearchSteven Ramsey - Deputy Director of ResearchSean Steuart - Managing DirectorJeffrey Stevenson - Vice President Conference Call Participants Susan Maklari - Senior Equity Research AnalystMatthew Mc ...

Group 1 - Many businesses are exercising caution in issuing guidance for fiscal year 2025 due to uncertainties created by tariffs and the recent Liberation Day on April 2nd [1] - The focus is particularly on companies with operations that may be affected by these external factors [1] Group 2 - The article emphasizes the importance of due diligence for investors, particularly in the context of dividend investing in quality blue-chip stocks, BDCs, and REITs [1] - There is a mention of a goal to help lower and middle-class workers build investment portfolios of high-quality, dividend-paying companies [1]

CEO Tim Cook said it would be "very difficult" to predict the longer-term impact of tariffsApple Inc (NASDAQ:AAPL) was among several Big Tech giants reporting earnings this week. While the iPhone maker beat analysts' revenue profit and revenue estimates for the fiscal second quarter, CEO Tim Cook noted it would be "very difficult" to predict the longer-term impact of tariffs on its products. In response, Jefferies and Rosenblatt downgraded AAPL to "underperform" and "neutral" from "hold" and "buy", respecti ...

CTO Realty Growth (CTO) Q1 2025 Earnings Call May 02, 2025 09:00 AM ET Company Participants Jenna McKinney - Director of FinanceJohn Albright - President and CEOPhilip Mays - Senior VP, CFO & TreasurerRJ Milligan - Managing DirectorRob Stevenson - Managing Director - Head of Real Estate ResearchMatthew Erdner - DirectorGaurav Mehta - Managing DirectorCraig Kucera - MD - Equity Research Conference Call Participants John Massocca - Senior Research Analyst Operator Good day and thank you for standing by. Welco ...

CTO Realty Growth (CTO) Q1 2025 Earnings Call May 02, 2025 09:00 AM ET Company Participants Jenna McKinney - Director of FinanceJohn Albright - President and CEOPhilip Mays - Senior VP, CFO & TreasurerRJ Milligan - Managing DirectorRob Stevenson - Managing Director - Head of Real Estate ResearchMatthew Erdner - DirectorGaurav Mehta - Managing DirectorCraig Kucera - MD - Equity Research Conference Call Participants John Massocca - Senior Research Analyst Operator Good day and thank you for standing by. Welco ...

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada.Amazon CEO Andy Jassy looked to reassure investors on the company's first-quarter earnings call on Thursday, saying he's "optimistic" the retail giant could emerge from the current tariff environment stronger than before. "Given our really broad selection, low pricing and speedy delivery, we have emerged from these uncerta ...

Schneider National (SNDR) Q1 2025 Earnings Call May 01, 2025 10:30 AM ET Company Participants Steve Bindas - Director of Finance - IRMark Rourke - CEO, President & DirectorDarrell Campbell - Executive VP & CFOJim Filter - Executive VP & Group President of Transportation & LogisticsJason Seidl - Managing DirectorRavi Shanker - Managing DirectorKen Hoexter - Managing DirectorJonathan Chappell - Senior Managing DirectorDaniel Imbro - Managing DirectorJ. Bruce Chan - Director Conference Call Participants Brian ...

LXP Industrial Trust (LXP) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Company Participants Heather Gentry - Senior Vice President-Investor RelationsWilson Eglin - Chairman, Chief Executive Officer and PresidentNathan Brunner - EVP, CFO & TreasurerAnthony Paolone - Executive DirectorJames Dudley - Executive Vice President and Director-Asset ManagementBrendan Mullinix - Executive Vice President and Chief Investment OfficerJon Petersen - Managing DirectorJames Kammert - Managing Director Conference Call Pa ...

LXP Industrial Trust (LXP) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 Good morning. My name is Aaron, and I will be your conference operator for today. At this time, I would like to welcome everyone to the LXP Industrial Trust First Quarter twenty twenty five Earnings Call and Webcast. All lines have been placed on mute to prevent any background noise. And after the speakers' remarks, there will be a question and answer session. With that, I'm pleased to turn our call over to Heather Gentry, Ex ...

Financial Data and Key Metrics Changes - First quarter revenue was $632 million, down 4% sequentially and 6% year over year [10][11] - Non GAAP earnings per share was $0.52, above the midpoint of guidance [6][10] - Non GAAP gross margin was 10.1%, a 30 basis point decrease quarter over quarter but a 10 basis point increase year over year [10][13] - Non GAAP operating margin was 4.6%, down 50 basis points sequentially and 30 basis points year over year [10][11] Business Line Data and Key Metrics Changes - Semi cap revenue grew 18% year over year but decreased 2% quarter over quarter [11][19] - A and D sector revenue was up 15% year over year and 4% quarter over quarter [11][22] - Industrial revenue was down 2% quarter over quarter due to demand softness [11][21] - Medical revenue decreased 12% quarter over quarter, reflecting ongoing demand softness [12][22] - AC and C revenue decreased 12% quarter over quarter due to timing-related weaknesses [12][22] Market Data and Key Metrics Changes - The company has a significant U.S. manufacturing footprint at 36% and over 55% in North America [8][25] - Demand in the semi cap sector is expected to continue growing despite tariff uncertainties [19][20] - Medical sector recovery is anticipated in the second half of 2025 as inventory levels normalize [22][64] Company Strategy and Development Direction - The company is focused on optimizing supply chains for customers amid tariff-related uncertainties [5][27] - Continued investment in strategic growth areas, including a new facility in Penang, Malaysia [20][96] - The company is evaluating M&A opportunities that align with strategic plans while maintaining a focus on organic growth [28][102] Management's Comments on Operating Environment and Future Outlook - Management noted that while there are short-term risks due to global macroeconomic uncertainties, there are also mid to long-term opportunities [25][27] - The company expects to deliver sequential growth throughout the year, barring a recession caused by tariffs [27][28] - Management expressed confidence in returning to year-over-year growth in the second half of 2025 [16][40] Other Important Information - The company generated $27 million in free cash flow in the quarter, marking the eighth consecutive quarter of positive free cash flow [6][14] - Cash balance as of March 31 was $355 million, a year-over-year increase of $59 million [14] - The company paid cash dividends of $6.1 million and repurchased $8 million of outstanding shares during the quarter [14] Q&A Session Summary Question: Are customer pauses and pull-ins creating a net headwind? - Management indicated that the situation is balancing out, with some customers pausing and others pulling in orders, leading to uncertainty but not a significant bias in either direction [31][32] Question: What is the impact of supply chain optimization on existing customers? - Management noted that some bids are taking longer due to customers evaluating their supply chains, elongating the cycle for new bookings [33][34] Question: Where is the traction seen in the industrial sector? - Management highlighted a balance of new and existing customers, with strong follow-on business and new growth in automation solutions [36] Question: Is the expected rebound in medical driven by channel replenishment or new program launches? - Management indicated that both factors are contributing, with customers working through inventory and new competitive takeaways expected to drive growth [56][57] Question: What is the expected tax rate for the second half of the year? - Management projected a slight drop in the tax rate, estimating around 24% for the year [60] Question: How quickly can the company pivot or launch new programs? - Management stated that moving a customer to an existing facility is challenging, but new programs can ramp significantly in about six months if leveraging existing manufacturing knowledge [82] Question: Are there opportunities to acquire a customer's manufacturing facility? - Management expressed openness to discussions about taking over facilities if they align with existing operations but emphasized a preference against acquiring facilities at a premium [88][90]