Financial Data and Key Metrics Changes - The company reported earnings of $3.37 per share for 2025, an increase of $0.20 per share compared to 2024, or $0.33 per share higher when adjusted [5][17] - Adjusted earnings for 2024 were $3.04 per share, compared to $3.37 per share for 2025, representing a 10.9% increase [6][17] - Consolidated revenue for the fourth quarter increased by $21.2 million compared to 2024, with water segment revenue increasing by $17.4 million due to new rates [12][13] Business Line Data and Key Metrics Changes - Golden State Water reported earnings of $0.50 per share for Q4 2025, down from $0.52 per share in 2024, but adjusted earnings increased by $0.11 per share due to new water rates and lower interest expenses [10] - The electric segment reported earnings of $0.11 per share for Q4 2025, down from $0.13 per share in 2024, but adjusted earnings increased by $0.04 per share due to rate increases [11] - ASUS contributed earnings of $0.16 per share for Q4 2025, up from $0.11 per share in the same quarter last year, reflecting higher construction activities [12][35] Market Data and Key Metrics Changes - The company invested $210.9 million in infrastructure at regulated utilities in 2025, reflecting strong execution of its capital plan [6] - ASUS was awarded $29.4 million in new capital upgrade construction projects during 2025, expected to be completed through 2028 [8][35] Company Strategy and Development Direction - The company aims to expand its regulated water operations and has completed transactions to own and operate water and wastewater systems for new planned communities [6][7] - The company is preparing for its next water rate case, expected to be filed by July 1, 2026, transitioning to a modified rate adjustment mechanism [20][21] - The company raised its quarterly cash dividend by 8.3%, marking the 71st consecutive year of annual dividend increases [8][36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the regulatory outcomes and the ability to invest in utility infrastructure for reliable services [5] - The company noted a nearly 4% decrease in water consumption compared to adopted levels, but this did not materially impact earnings due to favorable water supply source mix [21] - Management projected ASUS to contribute $0.63-$0.67 per share in 2026, indicating confidence in competing for new military base contract awards [36] Other Important Information - The company raised proceeds of $67 million under its at-the-market offering program during the year, with a remaining balance of $40.7 million available [19] - The company anticipates a robust growth in its rate base, with a compound annual growth rate of 11.3% from 2021 to 2026 [29] Q&A Session Summary - There were no questions during the Q&A session, and the call concluded without any inquiries from participants [38]

Key Takeaways EXE posted Q4 EPS of $2, topping estimates as revenues climbed to $2.3B from $1.6B a year ago.Natural gas output rose 17% and realized prices jumped 33.9%, lifting cash flow to $956M.EXE guides 2026 production up to 7,600 MMcfe/day and plans debt cuts while funding dividends.Expand Energy Corporation (EXE) reported fourth-quarter 2025 adjusted earnings per share of $2, beating the Zacks Consensus Estimate of $1.89. The company’s bottom line increased from the year-ago adjusted profit of 55 cen ...

It has been about a month since the last earnings report for United Airlines (UAL) . Shares have added about 5.4% in that time frame, outperforming the S&P 500.But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is United due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important catalysts.Earnings Beat in ...

Core Viewpoint - Bandwidth (BAND) reported a slight decline in revenue and earnings per share (EPS) for the quarter ended December 2025, indicating potential challenges in maintaining growth despite meeting some analyst expectations [1][2]. Financial Performance - Revenue for the quarter was $207.67 million, a year-over-year decline of 1.1%, compared to the Zacks Consensus Estimate of $207.17 million, resulting in a surprise of +0.24% [1]. - EPS for the same period was $0.35, down from $0.37 a year ago, with an EPS surprise of -0.71% against the consensus estimate of $0.35 [1]. Key Metrics - Geographic Revenue- International reached $27.78 million, slightly below the two-analyst average estimate of $27.9 million, but showed a year-over-year increase of +23.6% [4]. - Geographic Revenue- North America was $179.88 million, exceeding the two-analyst average estimate of $178.81 million, but reflecting a year-over-year decline of -4.1% [4]. - Revenue from Messaging surcharges was $57.41 million, surpassing the average estimate of $56.83 million, but down -12.9% year over year [4]. - Revenue from Cloud communications was $150.26 million, slightly below the average estimate of $150.36 million, with a year-over-year increase of +4.3% [4]. Stock Performance - Bandwidth shares have returned -4.6% over the past month, underperforming the Zacks S&P 500 composite, which changed by -0.8% [3]. - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance in the near term [3].

Core Insights - USA Compression Partners (USAC) reported a fourth-quarter adjusted net profit of 28 cents per common unit, matching the Zacks Consensus Estimate and improving from 18 cents per common unit in the previous year [1][8] - The company generated revenues of $252.5 million, a 2.7% increase from the prior year, and exceeded the Zacks Consensus Estimate by $1 million [2][8] - Distributable cash flow (DCF) rose to $103.2 million, up 7.2% year-over-year, with a declared cash distribution of 52.5 cents per unit [5][8] Revenue and Profitability - The revenue growth was attributed to a 3.9% increase in contract operations and a 3.4% rise in related-party revenues [2] - Adjusted EBITDA decreased by 0.6% to $154.5 million, missing the estimate of $156.2 million [2] - The average monthly revenue per horsepower increased to $21.69 from $20.85, although it was lower than the estimate of $21.91 [4] Operational Metrics - The company's revenue-generating capacity slightly declined to 3.58 million horsepower, exceeding the estimate of 3.57 million horsepower [4] - The average quarterly horsepower utilization rate remained stable at 94.5%, consistent with the prior year [4] Financial Position - Total costs and expenses increased by 2.7% to $175.9 million, with growth capital expenditures of $40 million and maintenance capital expenditures of $7.8 million [6] - As of December 31, 2025, USAC had a net long-term debt of $2.5 billion [6] Future Guidance - For full-year 2026, USAC expects adjusted EBITDA to be between $770 million and $800 million, with distributable cash flow projected to range from $480 million to $510 million [7] - Expansion capital expenditures are anticipated to be between $230 million and $250 million, while maintenance capital expenditures are expected to total between $60 million and $70 million [7]

Clearwater Paper Corporation (NYSE:CLW) is a prominent supplier of bleached paperboard in North America. The company recently reported its earnings for the fourth quarter of 2025, revealing a mixed financial performance. The company reported earnings per share of $2.39, which significantly exceeded the estimated loss of $0.48 per share.  However, it continues to navigate challenges related to pricing pressures and operational costs.The company reported revenue of approximately $386 million, slightly exceedi ...

Core Insights - ONE Gas reported revenue of $689.37 million for the quarter ended December 2025, reflecting a 9.3% increase year-over-year and a 2.1% surprise over the Zacks Consensus Estimate of $675.21 million [1] - The earnings per share (EPS) for the quarter was $1.48, up from $1.34 in the same quarter last year, with a surprise of 4.04% over the consensus estimate of $1.42 [1] Financial Performance Metrics - Natural gas sales volumes for transportation were reported at 56,800.00 MMcf, below the average estimate of 58,722.75 MMcf [4] - Total sales volumes delivered were 46,900.00 MMcf, exceeding the average estimate of 45,791.98 MMcf [4] - Total volumes delivered were 103,700.00 MMcf, slightly below the average estimate of 104,514.70 MMcf [4] - Residential natural gas sales volumes were 34,900.00 MMcf, compared to the average estimate of 35,944.91 MMcf [4] - Commercial and industrial sales volumes were reported at 11,200.00 MMcf, close to the average estimate of 11,281.46 MMcf [4] - Total customers were reported at 2,290, slightly below the average estimate of 2,292 [4] Revenue Breakdown - Transportation revenues were $39.1 million, lower than the average estimate of $47.38 million, but showed a year-over-year increase of 4.6% [4] - Natural gas sales revenues reached $629.1 million, surpassing the average estimate of $580.05 million, marking a year-over-year increase of 9.7% [4] Stock Performance - ONE Gas shares have returned +9.1% over the past month, contrasting with the Zacks S&P 500 composite's -1.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Core Viewpoint - Carvana is facing scrutiny following fraud allegations, which have impacted its stock performance, and the upcoming Q4 earnings report is critical for addressing investor concerns and expectations [1]. Group 1: Earnings Expectations - Carvana is expected to report Q4 earnings with analysts predicting over 150,000 retail units sold and full-year 2025 adjusted EBITDA at or above $2.2 billion [1]. - Wall Street consensus anticipates revenues of $5.27 billion and EPS of $1.12, with a 56.5% probability of beating the $1.08 consensus EPS estimate [1]. Group 2: Recent Performance - Carvana's stock has decreased by 18.7% over the past month, following a 14% drop on January 28 due to fraud allegations [1]. - In Q3, Carvana reported $5.647 billion in revenue, exceeding the $5.1 billion consensus, but missed EPS expectations with $1.03 compared to the $1.36 estimate [1]. Group 3: Management's Response - The management's response to the fraud allegations will be crucial, as they previously labeled the claims as "inaccurate and intentionally misleading" [1]. - Investors are looking for transparency regarding related-party transactions and operational insights, particularly on same-day delivery expansion and logistics costs [1].

Core Viewpoint - Air T, Inc. reported a decline in revenues and increased net losses for the third quarter of fiscal 2026, despite a recent acquisition aimed at expanding its market presence in the Australian regional airline sector [2][8]. Financial Performance - For the third quarter ended Dec. 31, 2025, Air T reported revenues of $71.1 million, down 8.7% from $77.9 million in the prior-year quarter [2]. - The company experienced an operating loss of $3.8 million compared to an operating income of $1.4 million a year earlier [2]. - Net loss attributable to Air T stockholders widened to $2.5 million, or $(0.91) per share, from a loss of $1.3 million, or $(0.47) per share, in the prior-year period [2]. Year-to-Date Performance - On a nine-month basis, revenue declined 8.6% to $206.2 million from $225.5 million [3]. - Net income attributable to Air T stockholders fell 69.8% to $0.3 million, or $0.10 per share, from $0.9 million, or $0.32 per share, a year earlier [3]. Segment Performance - Overnight air cargo revenue was flat at $30.6 million [4]. - Ground support equipment sales rose 7.9% to $12.8 million from $11.8 million [4]. - Commercial aircraft, engines, and parts revenue fell 42.4% to $18.8 million from $32.7 million [4]. - Digital solutions revenue increased 24.9% to $2.5 million from $1.9 million [4]. - The newly added regional airline segment contributed $5.2 million for the partial quarter following the Rex acquisition [4]. Key Business Metrics - Adjusted EBITDA for the quarter was $0.2 million, down from $2.7 million in the prior-year period [5]. - Ground support equipment generated $1.7 million in adjusted EBITDA, up from $0.2 million a year earlier [5]. - Overnight air cargo produced $1 million, down 48.6% from $1.9 million [5]. - The commercial aircraft, engines, and parts segment posted an adjusted EBITDA loss of $0.2 million against a $2.9 million profit last year [6]. - The regional airline segment reported a $0.5 million adjusted EBITDA loss for its initial 13 days of operations under Air T ownership [6]. - Order backlog in the ground support equipment segment nearly doubled to $12.9 million as of Dec. 31, 2025, from $6.2 million a year earlier [6]. Investments and Acquisitions - The equity method investments balance increased to $33.6 million as of Dec. 31, 2025, from $19 million as of March 31, 2025 [7]. - The acquisition of Rex Regional Airlines was described as a strategic entry into the Australian regional airline market, with a preliminary bargain purchase gain of $95.8 million recorded as a deferred credit on the balance sheet [8][10]. - The preliminary fair value of assets acquired from Rex totaled $164.8 million against liabilities of $57.9 million, resulting in net assets of $106.9 million [12]. Management Commentary - Management did not provide formal financial guidance for upcoming quarters, focusing instead on operational integration of Rex and execution priorities [11].

Shares of Flanigan's Enterprises, Inc. (BDL) have lost 0.9% since the company reported its earnings for the quarter ended Dec. 27, 2025. This compares with the S&P 500 Index’s 1.7% decline over the same time frame. Over the past month, the stock slipped 0.2%, while the broader index fell 1.9%.BDL’s Earnings SnapshotFor the 13 weeks ended Dec. 27, 2025, total revenues rose 5.1% year over year to $52.6 million from $49.9 million in the prior-year period. Net income attributable to Flanigan’s surged to $0.9 mi ...