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Great Lakes Reports Fourth Quarter and Full Year 2025 Results and the Signing of Two International Offshore Energy Contracts
Globenewswire· 2026-02-23 21:05
Record full year revenue of $888.3 millionFull year net income of $73.5 million (Adjusted net income of $81.6 million)Record full year Adjusted EBITDA of $171.3 million HOUSTON, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the fourth quarter and year ended December 31, 2025 and the signing of two international offshore energy contrac ...
V2X Reports Fourth Quarter 2025 Results
Prnewswire· 2026-02-23 21:05
computing arrangements4,9193,314480Gain from acquisitions, net—(2,193)—Impairment of non-operating long-lived asset—2,192—(Gain) loss on disposal of property, plant, and equipment(3,024)1,450683Stock- based compensation11,92415,96932,843Deferred taxes9,3347,730(7,509)Amortization of debt issuance costs6,2317,3809,067Loss on extinguishment of debt2,5271,99822,298Gain on disposition of business——(450)Changes in assets and liabilities:Receivables(23,485)25,18119,064Other assets9,315(42,334)11,285Accounts payab ...
Diamondback Energy, Inc. Announces Fourth Quarter and Full Year 2025 Financial and Operating Results; Increases Base Dividend
Globenewswire· 2026-02-23 21:01
MIDLAND, Texas, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback,” “we,” “our” or the “Company”) today announced financial and operating results for the fourth quarter and full year ended December 31, 2025. FOURTH QUARTER 2025 HIGHLIGHTS Average oil production of 512.8 MBO/d (969.1 MBOE/d)Net cash provided by operating activities of $2.3 billion; Operating Cash Flow Before Working Capital Changes1 of $1.9 billionCash capital expenditures of $943 millionFree Cash Flow1 ...
Viper Energy, Inc., A Subsidiary of Diamondback Energy, Inc., Reports Fourth Quarter and Full Year 2025 Financial and Operating Results; Increases Base Dividend and Share Buyback Authorization
Globenewswire· 2026-02-23 21:01
MIDLAND, Texas, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) (“Viper,” “we,” “our” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced financial and operating results for the fourth quarter and full year ended December 31, 2025. FOURTH QUARTER HIGHLIGHTS Q4 2025 average production of 66,413 bo/d (134,000 boe/d)Q4 2025 consolidated net loss (including non-controlling interest) of $246 million; net loss attributable to Viper of $103 ...
Veris Residential, Inc. Reports Fourth Quarter and Full Year 2025 Results
Prnewswire· 2026-02-23 12:20
Veris Residential, Inc. Reports Fourth Quarter and Full Year 2025 Results [Accessibility Statement] Skip NavigationJERSEY CITY, N.J., Feb. 23, 2026 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today reported results for the fourth quarter and full year 2025.Three Months Ended December 31,Twelve Months Ended December 31,2025202420252024Net Income (loss) per Diluted Share$0.00$(0.13)$0.80$(0.25)Core FFO per Diluted Share$ ...
GRAB Share Price Increases 3% Since Q4 Earnings Release
ZACKS· 2026-02-20 17:56
Core Insights - Grab Holdings Limited (GRAB) reported breakeven earnings in Q4 2025, missing the Zacks Consensus Estimate and declining from the previous year's earnings of 1 cent per share [1][8] - Quarterly revenues of $906 million fell short of the Zacks Consensus Estimate of $933.4 million but showed a 19% year-over-year increase on a reported basis and 17% on a constant currency basis, driven by growth in On-Demand and Financial Services segments [1][8] Revenue Performance - On-Demand Gross Merchandise Value (GMV) increased by 21% year over year to $6.07 billion, with monthly transacting users (MTUs) and total transactions rising by 16% and 24%, respectively [2] - The Deliveries segment revenue grew 18% year over year to $481 million, supported by growth in Deliveries GMV and advertising revenue [4] - Mobility segment revenues rose 15% year over year to $325 million, driven by an increase in Mobility MTUs and transactions [4] - Financial Services segment revenue improved by 34% year over year to $99 million, attributed to growth in the lending business [5] Profitability Metrics - Adjusted EBITDA reached $148 million, reflecting a 54% year-over-year improvement due to increased On-Demand GMV and revenue [3] Liquidity and Cash Flow - Grab ended Q4 2025 with cash liquidity of $7.4 billion, remaining flat sequentially [6] - The company generated $69 million in net cash from operating activities, with capital expenditures totaling $81 million and adjusted free cash flow of $76 million [6] Future Guidance - For 2026, Grab anticipates revenues between $4.04 billion and $4.10 billion, indicating a year-over-year growth of 20-22% [7][8] - Adjusted EBITDA for 2026 is expected to be in the range of $700-$720 million, suggesting a year-over-year growth of 40-44% [7]
Lamar Advertising Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-20 16:00
Reilly outlined category performance, saying strength came from services, healthcare, building and construction, and financial advertising, while telecom and beer and wine were weaker. He later quantified several category moves, including services up 12% in Q4, healthcare up 13%, financial up 17%, and building and construction up 16%, while telecommunications fell 10% and beer and wine fell 20% in the quarter. He also emphasized that Lamar’s largest verticals—services (about 19% of the book) and healthcare ...
Countdown to Oneok (OKE) Q4 Earnings: Wall Street Forecasts for Key Metrics
ZACKS· 2026-02-20 15:15
Core Viewpoint - Wall Street analysts anticipate a quarterly earnings per share (EPS) of $1.50 for Oneok Inc. (OKE), reflecting a year-over-year decline of 4.5%, while revenues are projected to be $9.49 billion, representing a 35.6% increase from the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 2.6% over the past 30 days, indicating a reassessment by analysts [1][2] - Changes in earnings estimates are crucial for predicting investor reactions and have shown a strong correlation with short-term stock performance [2] Revenue Projections - Analysts estimate 'Revenues- Natural Gas Gathering and Processing' at $1.46 billion, indicating a year-over-year decline of 20.1% [4] - 'Revenues- Natural Gas Pipelines' are expected to reach $355.94 million, reflecting a 17.5% increase from the prior year [4] - 'Revenues- Refined Products & Crude' are projected at $2.29 billion, suggesting a year-over-year increase of 39.4% [4] Natural Gas Liquids Metrics - The average prediction for 'Revenues- Natural Gas Liquids' is $2.47 billion, indicating a significant decline of 45.3% from the previous year [5] - 'Raw feed throughput - Natural Gas Liquids' is expected to be 1,650.68 thousand barrels per day, compared to 1,306.00 thousand barrels per day reported in the same quarter last year [5] Adjusted EBITDA Estimates - 'Adjusted EBITDA- Natural Gas Liquids' is projected to be $781.79 million, up from $696.00 million in the same quarter last year [6] - 'Adjusted EBITDA- Refined Products & Crude' is expected to be $608.12 million, slightly up from $603.00 million reported in the previous year [6] - 'Adjusted EBITDA- Natural Gas Pipelines' is estimated at $224.21 million, down from $417.00 million a year ago [7] - 'Adjusted EBITDA- Natural Gas Gathering and Processing' is projected to reach $574.43 million, compared to $489.00 million in the same quarter last year [7] Stock Performance - Over the past month, Oneok shares have returned +10.6%, contrasting with a -0.8% change in the Zacks S&P 500 composite [7] - Currently, Oneok holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the overall market in the near future [7]
Lamar(LAMR) - 2025 Q4 - Earnings Call Transcript
2026-02-20 15:02
Financial Data and Key Metrics Changes - The company ended Q4 2025 with a diluted AFFO per share of $2.24, an increase of 1.4% from $2.21 in Q4 2024 [10] - Full-year AFFO guidance for 2026 is projected to be between $8.50 and $8.70 per share, indicating a year-over-year growth of 4.1% at the midpoint [5][16] - Adjusted EBITDA for Q4 was $288.9 million, up 3.7% from $278.5 million in Q4 2024, with an adjusted EBITDA margin of 48.5%, expanding by 40 basis points year-over-year [10][12] Business Line Data and Key Metrics Changes - Local revenue increased by 1.7% in Q4, while national programmatic revenue grew by 3.3%, marking the third consecutive quarter of growth for national [6] - Digital revenue on a same-store basis increased by 3.7% in Q4, with digital billboards representing 33.7% of the company's business [20] - The company added 111 digital units in Q4, ending the year with 5,553 operating units [7] Market Data and Key Metrics Changes - The Atlantic and Southwest regions showed relative strength in Q4, while the Northeast region exhibited weakness [19] - Political advertising was a headwind in Q4, down approximately $11 million compared to 2024, but is expected to reverse in 2026 [6][58] Company Strategy and Development Direction - The company plans to remain aggressive in digital deployments, targeting a similar number of internal digital deployments as in the previous year [8] - The integration of recent acquisitions is progressing well, with expectations for another active M&A year in 2026 [8] - The company anticipates a cash acquisition spend of at least $200 million in 2026, maintaining a strong ad spend climate [27] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the macro environment for the U.S. ad market in 2026, citing political tailwinds and increased spending around World Cup venues [28] - The company expects to see a gradual increase in growth throughout 2026, with Q1 potentially coming in slightly below guidance [40] Other Important Information - The company has a well-laddered debt maturity schedule with no maturities until October 2027, and total consolidated debt stands at approximately $3.4 billion [14][15] - The proposed cash dividend for Q1 2026 is $1.60 per share, reflecting a yield of 4.8% at the previous closing stock price [18] Q&A Session Summary Question: What is the state of the macro in the U.S. ad market? - Management indicated a strong start to 2026, with expectations for at least $200 million in cash acquisitions and a favorable ad spend climate [27][28] Question: What are the implications of Clear Channel's acquisition? - Management believes there will be no significant changes in the industry structure and does not anticipate asset sales from Clear Channel [32] Question: How should acquisition-adjusted growth be viewed for Q1? - Management expects Q1 growth to be slightly below guidance, with momentum picking up as the year progresses [40] Question: What are the expectations for local versus national growth? - Management anticipates $3 million-$4 million in incremental World Cup business, with positive trends in national advertising [44]
Lamar(LAMR) - 2025 Q4 - Earnings Call Transcript
2026-02-20 15:00
Financial Data and Key Metrics Changes - The company ended Q4 2025 with diluted AFFO per share increasing 1.4% to $2.24 compared to $2.21 in Q4 2024 [9] - Full-year AFFO guidance is projected to be between $8.50 and $8.70 per share, reflecting a year-over-year growth of 4.1% at the midpoint [4][14] - Adjusted EBITDA for Q4 was $288.9 million, an increase of 3.7% from $278.5 million in Q4 2024 [9] Business Line Data and Key Metrics Changes - Local revenue increased by 1.7% while national programmatic revenue grew by 3.3% in Q4, marking the third consecutive quarter of growth for national [5] - Digital revenue on a same-store basis increased by 3.7% in Q4, with digital billboards representing 33.7% of total business [18][19] - The company added 111 digital units in Q4, ending the year with 5,553 operating units [5][19] Market Data and Key Metrics Changes - The Atlantic and Southwest regions showed relative strength in Q4, while the Northeast region exhibited weakness [18] - Political advertising was a headwind in Q4, down about $11 million compared to 2024, but is expected to reverse in 2026 [5][56] Company Strategy and Development Direction - The company plans to remain aggressive in digital deployments, targeting a similar number of internal digital deployments as last year [6] - The integration of acquired assets, including the Verde deal, is progressing well, with expectations for another active M&A year in 2026 [6][14] - The company has an investment capacity exceeding $1 billion while maintaining a target leverage range of 3.5-4 times net debt to EBITDA [14] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about the advertising climate for 2026, citing political tailwinds and increased spending around World Cup venues [27] - The company anticipates a conservative growth pace in Q1, with expectations for momentum to build throughout the year [38] - Management highlighted the positive impact of changes in FDA rules on pharmaceutical advertising, which could enhance revenue from this vertical [51] Other Important Information - The company plans to declare a regular cash dividend of $1.60 per share for Q1, with an expected total of $6.40 per share for 2026 [17] - Total consolidated debt stands at approximately $3.4 billion, with a weighted average interest rate of 4.5% [13] Q&A Session Summary Question: What is the state of the macro U.S. ad market as we enter 2026? - Management expects to maintain acquisition spending close to $200 million, with a positive ad spend climate anticipated for 2026 [26][27] Question: What are the implications of Clear Channel's acquisition for Lamar? - Management does not foresee significant changes in the industry structure and believes Clear Channel may not need to sell assets to deleverage [31][32] Question: How should acquisition-adjusted growth be viewed for Q1? - Management indicated that Q1 growth may be slightly below guidance but expects momentum to increase as the year progresses [38] Question: What are the expectations for local versus national growth and the impact of the World Cup? - Management anticipates $3 million-$4 million in incremental World Cup business, with positive trends in national advertising [42] Question: What is the expected benefit from political advertising in 2026? - Management estimates a conservative increase of around $12 million to $14 million in political advertising revenue compared to the previous year [56]