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Brookfield Business Partners L.P.(BBU) - 2025 Q1 - Earnings Call Transcript
2025-05-02 15:02
Brookfield Business Partners (BBU) Q1 2025 Earnings Call May 02, 2025 10:00 AM ET Company Participants Alan Fleming - MD & Investor RelationsAnuj Ranjan - Chief Executive OfficerAdrian Letts - Managing Partner of Private Equity & Head of Business OperationsJaspreet Dehl - Managing Partner of Private Equity & Chief Financial OfficerDevin Dodge - Director - Equity Research Conference Call Participants Gary Ho - Research Analyst - Financial ServicesJaeme Gloyn - Equity Research AnalystNik Priebe - Equity Resea ...
Fluor(FLR) - 2025 Q1 - Earnings Call Transcript
2025-05-02 13:32
Fluor (FLR) Q1 2025 Earnings Call May 02, 2025 08:30 AM ET Company Participants Jason Landkamer - VP - IRJim Breuer - CEOJohn Regan - CFOJamie Cook - Managing Director - Equity ResearchAndrew Kaplowitz - Managing DirectorJudah Aronovitz - Associate Director - Equity Research Conference Call Participants Michael Dudas - Equity Research AnalystAndrew Wittmann - Senior Research Analyst Operator replay of today's conference call will be available at approximately 10:30 a. M. Eastern Time today, accessible at Fl ...
Construction contract (Cristella VT project management)
Globenewswire· 2025-05-02 13:30
AS Nordecon group company Embach Ehitus OÜ and Cristella VT OÜ have signed a project management agreement for overseeing the design and construction work of Cristella's technological warehouse in Võru. The estimated cost of the work under the management agreement is approximately 4 million euros, excluding VAT. The works will be completed in November 2025. Nordecon (www.nordecon.com) is a group of construction companies whose core business is construction project management and general contracting in the bu ...
Terex (TEX) Q1 Earnings and Revenues Surpass Estimates
ZACKS· 2025-05-02 12:55
Group 1: Earnings Performance - Terex reported quarterly earnings of $0.83 per share, exceeding the Zacks Consensus Estimate of $0.49 per share, but down from $1.60 per share a year ago, representing an earnings surprise of 69.39% [1] - The company has surpassed consensus EPS estimates in all four of the last quarters [2] - Terex's revenues for the quarter ended March 2025 were $1.23 billion, surpassing the Zacks Consensus Estimate by 0.64%, but down from $1.29 billion year-over-year [2] Group 2: Stock Performance and Outlook - Terex shares have declined approximately 21.3% since the beginning of the year, compared to a decline of 4.7% for the S&P 500 [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters [4] - The current consensus EPS estimate for the next quarter is $1.47 on revenues of $1.43 billion, and for the current fiscal year, it is $4.49 on revenues of $5.29 billion [7] Group 3: Industry Context - The Manufacturing - Construction and Mining industry, to which Terex belongs, is currently ranked in the top 6% of over 250 Zacks industries, indicating strong performance potential [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Terex's stock performance [5][6]
Fluor(FLR) - 2025 Q1 - Earnings Call Transcript
2025-05-02 12:30
Fluor (FLR) Q1 2025 Earnings Call May 02, 2025 08:30 AM ET Speaker0 replay of today's conference call will be available at approximately 10:30 a. M. Eastern Time today, accessible at Fluor's website at investor.fluor.com. The web replay will be available for thirty days. A telephone replay will also be available for seven days through a registration link, also accessible on website at investor.fluor.com. At this time, for opening remarks, I would like to turn the call over to Jason Landkammer, Vice Presiden ...
MasTec(MTZ) - 2025 Q1 - Earnings Call Presentation
2025-05-02 11:36
May 2, 2025 NYSE: MTZ MasTec Inc. First Quarter 2025 Earnings This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Forward-looking statements include, but are not limited to, statements relating to expectations regarding the future financial and operational performance of MasTec; expectations regarding MasTec's business or financial outlook; expectations regarding MasTec's plans, strategies and opportunities; expectations regarding opportu ...
Brookfield Business Partners Reports First Quarter 2025 Results
Globenewswire· 2025-05-02 10:45
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 ...
Everus Construction Group, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - ECG
Prnewswire· 2025-05-02 09:45
NEW YORK, May 2, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Everus Construction Group, Inc. ("Everus Construction " or the "Company") (NYSE: ECG) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Everus Construction investors who were adversely affected by alleged securities fraud between October 31, 2024 and February 11, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/psl ...
ECG INVESTOR ALERT: Kirby McInerney LLP Notifies Everus Construction Group, Inc. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit
GlobeNewswire News Room· 2025-05-02 00:00
Core Viewpoint - A federal securities class action has been filed on behalf of investors in Everus Construction Group, Inc. due to undisclosed issues regarding the company's backlog conversion cycle and revenue recognition delays [1][5]. Company Overview - Everus Construction Group, Inc. was formerly known as MDU Construction Services Group, Inc. and operated as a wholly owned subsidiary of CEHI, LLC, which is a subsidiary of MDU Resources [3]. - The company's stock began trading on the NYSE following its spinoff on October 31, 2024 [3]. Financial Performance - On February 11, 2025, Everus reported its fourth quarter and full year 2024 financial results, projecting revenue between $3.0 billion and $3.1 billion and EBITDA between $210 million and $225 million for 2025 [4]. - The company indicated that its backlog conversion would be extended due to larger and more complex projects, which would affect revenue recognition [4]. Stock Market Reaction - Following the financial results announcement, Everus shares fell by $12.43, approximately 18%, from $68.42 to $55.99 per share [4]. Legal Action - The class action complaint alleges that the company failed to disclose critical information regarding the elongation of its backlog conversion cycle and the resulting delays in revenue recognition during the class period [5].