Rogers Communications (NYSE:RCI) Q3 2025 Earnings Call October 23, 2025 08:00 AM ET Company ParticipantsGlenn Brandt - CFODrew McReynolds - Managing DirectorTony Staffieri - President and CEOMatt Griffiths - Research AssociatePaul Carpino - VP of Investor RelationsConference Call ParticipantsDavid McFadgen - Director, Analyst, Communications and MediaVince Valentini - Managing Director and Senior Equity AnalystAravinda Galappatthike - Equity Research AnalystJérome Dubreuil - Senior Equity AnalystStephanie P ...

Dow (NYSE:DOW) Q3 2025 Earnings Call October 23, 2025 08:00 AM ET Company ParticipantsJeff Tate - CFOAndrew Riker - VP of Investor RelationsKaren S. Carter - COOJim Fitterling - Chair and CEOConference Call ParticipantsKevin McCarthy - Senior Equity AnalystHassan Ahmed - Senior AnalystPatrick Cunningham - Senior Equity AnalystMatthew Blair - AnalystJeff Stokvis - AnalystChris Parkinson - Equity Research AnalystDuffy Fischer - Chemicals Equity Research AnalystJosh Spector - Equity AnalystVincent Andrews - An ...

Lazard (NYSE:LAZ) Q3 2025 Earnings Call October 23, 2025 08:00 AM ET Company ParticipantsAlexandra Deignan - Head of Investor Relations and TreasuryPeter Orszag - CEO and ChairmanMary Ann - CFOConference Call ParticipantsRyan Kenny - AnalystBrendan O’Brien - AnalystAlex Bond - AnalystJim Mitchell - AnalystBrennan Hawken - AnalystJames Yaro - AnalystOperatorGood morning and welcome to Lazard's third quarter and first nine months 2025 earnings. Call is being recorded. Currently, all participants are in a list ...

Lazard (NYSE:LAZ) Q3 2025 Earnings Call October 23, 2025 08:00 AM ET Company ParticipantsAlexandra Deignan - Head of Investor Relations and TreasuryPeter Orszag - CEO and ChairmanMary Ann - CFOConference Call ParticipantsRyan Kenny - AnalystBrendan O’Brien - AnalystAlex Bond - AnalystJim Mitchell - AnalystBrennan Hawken - AnalystJames Yaro - AnalystOperatorGood morning and welcome to Lazard's third quarter and first nine months 2025 earnings. Call is being recorded. Currently, all participants are in a list ...

CenterPoint Energy (NYSE:CNP) Q3 2025 Earnings Call October 23, 2025 08:00 AM ET Company ParticipantsChris Foster - CFOBen Vallejo - Director of Investor Relations and Corporate PlanningJason Wells - CEONick Campanella - DirectorConference Call ParticipantsJulien Dumoulin-Smith - Research AnalystJeremy Tonet - Research Analyst and Managing DirectorSteve Fleishman - Stock AnalystOperatorGood morning and welcome to CenterPoint Energy's third quarter 2025 earnings conference call with Senior Management. During ...

Financial Data and Key Metrics Changes - Revenues for Q3 2025 were $805 million, representing a 5% increase on an organic basis and a 7.7% increase on a reported basis [5][14] - Adjusted operating margins were 21.1%, while adjusted EPS was $1.96, up 6% compared to the prior year [5][17] - Year-to-date operating cash flow reached $504 million, up 9%, and free cash flow was $294 million, a 54% increase from last year [17][18] Business Line Data and Key Metrics Changes - Proprietary product segment revenues were $648 million, up 5.1% organically, driven by HVP components, which saw a 13% organic growth [7][14] - HVP delivery device revenues declined to $99 million, down 16.7% year-on-year organically, primarily due to a prior year incentive payment [10][14] - Contract manufacturing segment revenues were $157 million, growing by 4.9% organically [11][15] Market Data and Key Metrics Changes - Biologics revenue was $329 million, up 8.3% organically, while pharma revenue rose 1.4% to $183 million [15] - GLP-1s accounted for 9% of total company sales, with strong growth expected to continue [8][12] - The company is experiencing a normalization in demand trends for biologics and biosimilars, with a participation rate above 90% year-to-date [8] Company Strategy and Development Direction - The company is increasing its guidance for 2025 due to strong performance and improving business momentum [5][18] - Focus on high-value product components, particularly in the GLP-1 and Annex 1 markets, is expected to drive future growth [21][46] - The company is actively working on optimizing its manufacturing network and consolidating operations to enhance efficiency [75][82] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the sustainability of positive trends due to strong execution and improving market conditions [22][66] - The company anticipates that destocking is largely behind them, with demand expected to improve for key growth drivers [21][66] - There are ongoing discussions with customers regarding new business opportunities to replace the CGM contract expected to conclude in mid-2026 [35][36] Other Important Information - The company has appointed a new CFO and CTO to strengthen its leadership team and drive innovation [6][7] - The company is ramping up production in its Dublin facility for drug handling, expected to add approximately $20 million in revenue next year [12][56] Q&A Session Summary Question: Long-term growth outlook for 7%-9% - Management believes they are on track to achieve long-term growth targets, driven by HVP components and biologics [24][25] Question: Sustainability of HVP components growth - Management is confident in the sustainability of double-digit growth for HVP components, supported by GLP-1s and Annex 1 [28][30] Question: Visibility on CGM contract exit - Management is engaged in discussions with potential customers to fill the gap left by the CGM contract, expecting healthy revenues and margins [35][36] Question: Margin opportunities - Management sees opportunities for margin expansion through operational efficiencies and higher-value products [34][60] Question: Impact of Annex 1 on customer decisions - Annex 1 projects are accelerating, with more conversations with EU regulators, leading to increased customer interest [54][56] Question: Growth in GLP-1s - Management expects continued healthy growth in GLP-1s, driven by market dynamics and new approvals [42][45]

OceanFirst Financial (NasdaqGS:OCFC) Q3 2025 Earnings Call October 23, 2025 08:00 AM ET Company ParticipantsAlfred Goon - SVP Corporate Development and Investor RelationsChristopher Maher - Chairman and CEOJoseph Lebel III - PresidentTyler Cacciatori - Research AssociateChristopher Marinac - Director of ResearchPatrick Barrett - CFOTim Switzer - VP Equity ResearchDavid Bishop - Director of Research DepartmentConference Call ParticipantsDaniel Tamayo - VP and Bank Industry AnalystModeratorThank you for atten ...

Financial Data and Key Metrics Changes - Core pre-tax, pre-provision income for Q3 2025 was $54.4 million, up from $49.4 million in Q2 2025 and $29.8 million year-over-year [3][4] - Core EPS for Q3 was $0.61, representing a 110% year-over-year increase [10] - Reported NIM increased to 3.01%, with a significant increase in the spread between loans and deposits following the Fed rate cut [10][5] Business Line Data and Key Metrics Changes - Business loans grew over $160 million in Q3, compared to $110 million in Q2, with year-over-year growth exceeding $400 million [7] - Loan originations, including new lines of credit, increased to $535 million, with a weighted average rate of approximately 6.95% [7] - Core deposits increased by $1 billion year-over-year, with total deposits up approximately $320 million from the prior quarter [4][10] Market Data and Key Metrics Changes - Non-performing assets (NPAs) were up slightly but represented only 50 basis points of total assets, which is favorable compared to peers [4] - The company maintained a strong liquidity position with a core deposit-funded balance sheet [4] Company Strategy and Development Direction - The company is focused on organic growth, particularly in business loans and core deposits, while managing its commercial real estate concentration ratio [8][38] - New branch openings in Manhattan and New Jersey are part of the strategy to expand market presence [8] - The company aims for NIM expansion in the fourth quarter and significant opportunities in 2026 based on loan repricing [8][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the credit quality and expects resolution of legacy NPAs in Q4 [22] - The company anticipates a gradual improvement in NIM due to reduced deposit costs and stable loan yields [12][13] - Management believes the industry is in the later innings of the credit cycle, with a strong local economy and no significant stress expected [49] Other Important Information - Non-interest income for the quarter was $12.2 million, including a $1.5 million fraud recovery [11][46] - The common equity tier 1 ratio grew to over 11.5%, and total capital ratio increased to over 16% [11][12] Q&A Session Summary Question: Inquiry about charge-offs related to non-performing loans - Management clarified that charge-offs were primarily related to owner-occupied and non-owner-occupied commercial real estate, with no multifamily loans involved [21][22] Question: Expectations on multifamily payoffs and future prepayments - Management indicated that while there were significant payoffs this quarter, future prepayments are expected to normalize [24] Question: Discussion on normalized charge-offs and future expectations - Management stated that charge-offs are currently at 31 basis points and expect to return to historical levels as new businesses are built out [30][31] Question: Insights on deposit betas with potential rate cuts - Management noted that gradual rate cuts would help maintain deposit costs, with current costs in the low 190s [34][35] Question: Thoughts on M&A and strategic alternatives - Management emphasized a focus on organic growth and deploying excess liquidity rather than pursuing M&A at this time [38][45] Question: Discussion on stock repurchases given capital ratios - Management confirmed that discussions on stock repurchases have begun, with a focus on deploying capital effectively before considering buybacks [44][45]

Textron (NYSE:TXT) Q3 2025 Earnings Call October 23, 2025 08:00 AM ET Company ParticipantsDavid Rosenberg - EVP and CFOScott Hegstrom - Vice President, Investor RelationsScott Donnelly - Chairman, President, and CEORonald Epstein - Managing DirectorConference Call ParticipantsRobert Stallard - AnalystMyles Walton - Senior AnalystSeth Seifma - VP and Equity Research AnalystPeter Arment - Senior AnalystNone - Analyst 1None - Analyst 2None - Analyst 3Sheila Kahyaoglu - Senior AnalystOperatorGood morning, ladie ...

Allegion (NYSE:ALLE) Q3 2025 Earnings Call October 23, 2025 08:00 AM ET Company ParticipantsJohn Stone - President and CEOMike Wagnes - SVP and CFOJosh Pokrzywinski - VP of Investor RelationsConference Call ParticipantsJoe O'Dea - AnalystJoe Ritchie - AnalystTim Wojs - AnalystJulian Mitchell - AnalystJeff Sprague - AnalystTomo Sano - AnalystOperatorOkay, and welcome to the Allegion Third Quarter 2025 Earnings Conference Call. All participants will be in a listen-only mode. Should you need assistance, please ...