Q2 2025 Earnings Call July 23, 2025 © 2025 OTIS WORLDWIDE CORPORATION. Forward-Looking Statements © 2025 OTIS WORLDWIDE CORPORATION. 2 Q2 2025 highlights Solid second quarter performance driven by Service strength... Note: All results and expectations in this presentation reflect continuing operations unless otherwise noted. ...Delivering long-term value to all stakeholders This communication contains statements which, to the extent they are not statements of historical or present fact, constitute "forward- ...

Core Insights - AutoNation, Inc. will release its financial results for the second quarter ended June 30, 2025, on July 25, 2025, before market opens [1] - A conference call and audio webcast will be held on the same day at 9:00 a.m. Eastern Time to discuss the results [1] Company Overview - AutoNation is one of the largest automotive retailers in the United States, providing a wide range of new and used vehicles, customer financing, parts, and maintenance services [3] - The company has raised over $40 million for cancer-related causes through its initiative DRV PNK, showcasing its commitment to community support [3]

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Sc ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores a ...

Group 1 - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1][2] - The Zacks Style Scores provide ratings based on value, growth, and momentum characteristics, helping investors identify stocks with high potential for market outperformance [2][3] Group 2 - Stocks are rated from A to F, with A indicating the highest potential for outperforming the market [3] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [3][4] - The Growth Score assesses a company's financial health and future growth potential based on earnings and sales projections [4] - The Momentum Score identifies stocks with favorable price trends, utilizing recent price changes and earnings estimate revisions [5] Group 3 - The VGM Score combines all three Style Scores, providing a comprehensive indicator for stock selection [6] - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in building successful portfolios [7][10] Group 4 - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41%, significantly outperforming the S&P 500 [8] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal returns [10][11] Group 5 - AutoNation, Inc. is a major automotive retailer in the U.S., offering vehicle sales, maintenance, and financing services [12] - AutoNation holds a Zacks Rank of 3 (Hold) and has a VGM Score of A, indicating solid performance potential [12] - The company has seen a 4.1% increase in shares over the past four weeks, with upward revisions in earnings estimates for fiscal 2025 [13]

Company Overview - AutoNation, Inc. is one of the largest automotive retailers in the United States, offering new and used vehicles, maintenance and repair services, vehicle parts, extended service contracts, and financing options through third-party sources [12]. Investment Ratings - AutoNation has a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating a solid position in the market [12]. - The company also has a Value Style Score of A, supported by attractive valuation metrics such as a forward P/E ratio of 9.95, which is appealing to value investors [13]. Earnings Estimates - In the last 60 days, five analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.43 to $18.67 per share [13]. - AutoNation has an average earnings surprise of 1.6%, suggesting a positive outlook for its earnings performance [13]. Investment Considerations - With a strong Zacks Rank and top-tier Value and VGM Style Scores, AutoNation is recommended for investors' consideration [13].

Core Viewpoint - Group 1 Automotive, Inc. has expanded its luxury brand portfolio by acquiring three additional dealerships, which are expected to enhance its market presence and generate significant annual revenues [1][2][4]. Group 1 Automotive Expansion - The company has added a Lexus and an Acura dealership in Fort Myers, Florida, and a Mercedes-Benz dealership in South Austin, Texas, increasing its dealership count in these key markets [1][2]. - The new dealerships are projected to generate approximately $330 million in annual revenues [2][8]. Financial Performance and Share Repurchase - As of May 19, 2025, Group 1 has repurchased 401,649 shares at an average price of $416.62, totaling $167.3 million [3]. - The company has acquired an estimated $430 million in annual revenues in 2025, following $3.9 billion in acquired revenues in 2024 [4]. Company Overview - Group 1 operates 263 automotive dealerships, 335 franchises, and 39 collision centers across the U.S. and the U.K., offering a wide range of automotive services and products [5].

Contact Jennifer Harper, Vice President, Investor Relations & Treasurer, MYR Group Inc., (847) 979-5835, investorinfo@myrgroup.com About MYR Group Inc. MYR Group is a holding company of leading, specialty electrical contractors providing services throughout the United States and Canada through two business segments: Transmission & Distribution (T&D) and Commercial & Industrial (C&I). MYR Group subsidiaries have the experience and expertise to complete electrical installations of any type and size. Through t ...

Core Viewpoint - The Zacks Auto Retail and Wholesale industry shows robust prospects despite a challenging tariff environment, driven by a diversified product mix and multiple income streams [1] Industry Overview - The automotive sector's performance is heavily reliant on retail and wholesale networks, involving operations through dealerships and retail chains, including the sale of new and used vehicles, light trucks, auto parts, and providing repair and maintenance services [2] - The industry's success is closely tied to economic conditions, with higher disposable income leading to increased investment in big-ticket items, while tighter budgets result in reduced discretionary spending [2] - The COVID-19 pandemic has significantly reshaped the industry, increasing the focus on e-commerce [2] Factors Influencing Industry Prospects - Auto retailers benefit from a diversified product mix and multiple income streams, which reduce risk and position them for long-term growth, generating income from new and used vehicle retail, finance, insurance, and automotive repair [3] - Strategic acquisitions are being utilized by auto dealers to expand into new markets, thereby increasing market share and enhancing offerings [4] - Investment in digital platforms aligns with consumer preferences for online transactions, enabling dealers to reach a broader audience and drive higher profitability [4] Tariff Impact - A 25% tariff on imported vehicles and auto parts, imposed by the U.S. government, is expected to increase manufacturing costs and disrupt supply chains, potentially raising car prices by $5,000 to $15,000 [5] - Rising vehicle prices may lead consumers to consider used vehicles, increasing demand and prices for used cars, which could negatively impact new and used vehicle retailers' top-line growth [5] Industry Ranking and Performance - The Zacks Auto Retail & Wholesale industry ranks 46, placing it in the top 19% of around 250 Zacks industries, indicating bright near-term prospects [6][7] - The industry has outperformed the S&P 500 and the Auto, Tires, and Truck sector over the past year, returning 8.8% compared to the S&P 500's growth of 5.2% and the sector's decline of 9.8% [10] Current Valuation - The industry is currently trading at an EV/EBITDA ratio of 8.18X, significantly lower than the S&P 500's 15.58X and the sector's 14.97X [13] - Over the past five years, the industry has traded between 4.78X and 10.79X, with a median of 7.13X [14] Company Highlights - **Lithia Motors, Inc. (LAD)**: A leading automotive retailer with strategic acquisitions increasing market share and enhancing its portfolio. The company achieved a cost-saving plan of $200 million and expects an additional $50-$70 million in interest cost savings in 2025 [19][20] - **AutoNation, Inc. (AN)**: One of the largest automotive retailers, improving its finance division and after-sales gross profit margin by nearly 250 basis points since 2019. The company anticipates mid-single-digit growth in its after-sales business [23][24][25] - **Group 1 Automotive, Inc. (GPI)**: A leading automotive retailer focusing on acquisitions and restructuring to improve operational efficiency. The company expects year-over-year growth of 9.91% in sales and 4.51% in EPS for 2025 [29][30]

Core Viewpoint - Otis Worldwide reported mixed results for Q4 2024, with adjusted earnings missing estimates while net sales exceeded expectations, marking the second consecutive earnings miss after a strong performance in prior quarters [2][5]. Financial Performance - Adjusted earnings were 93 cents per share, missing the Zacks Consensus Estimate of 95 cents by 2.1%, but increased 6.9% year-over-year from 87 cents [5]. - Net sales reached $3.68 billion, slightly above the consensus mark of $3.65 billion, reflecting a 1.5% year-over-year growth, with organic sales increasing by 1.9% [5]. - Adjusted operating margin expanded by 30 basis points to 15.9%, driven by favorable performance in the Service segment [6]. Segment Analysis - **New Equipment Segment**: - Net sales were $1.36 billion, down 7.4% year-over-year, with organic sales declining 6.8% [7]. - Orders decreased by 4% at constant currency, with significant declines in China and EMEA [8]. - Operating margin contracted by 140 basis points to 4.7% due to lower volume and unfavorable mix [9]. - **Service Segment**: - Net sales increased by 7.6% year-over-year to $2.32 billion, supported by a 7.8% rise in organic sales [10]. - Operating margin improved by 50 basis points to 24.5%, aided by higher volume and favorable pricing [11]. Annual Highlights - For 2024, Otis Worldwide reported annual revenues of $14.26 billion, a 0.4% increase from $14.21 billion in 2023, with adjusted EPS rising to $3.83 from $3.54 [12]. - Adjusted operating margin for the year expanded by 50 basis points to 16.5% [12]. Financial Position - As of December 31, 2024, cash and cash equivalents were $2.3 billion, up from $1.27 billion at the end of 2023, while long-term debt increased to $6.97 billion [13]. - Net cash flows from operating activities were $1.56 billion, down from $1.63 billion a year ago, with adjusted free cash flow totaling $1.57 billion [13]. 2025 Outlook - Otis expects net sales between $14.1 billion and $14.4 billion, with organic sales growth projected between 2% and 4% [14]. - Adjusted EPS is anticipated to be between $4 and $4.10, indicating a year-over-year growth of 4-7% [15]. Estimate Trends - There has been a downward trend in estimates, with the consensus estimate shifting down by 5.23% [16]. VGM Scores - Otis Worldwide has a Growth Score of A but lags in Momentum with an F, resulting in an aggregate VGM Score of C [17].