Whirlpool (WHR) Q1 2025 Earnings Call April 24, 2025 02:59 PM ET Company Participants Scott Cartwright - Head of Investor RelationsMarc Bitzer - CEO & Chairman of The BoardJames Peters - Executive VP, Chief Financial & Administrative Officer and President of Whirlpool AsiaLaura Champine - Director of ResearchSam Darkatsh - Managing DirectorMichael Rehaut - Executive DirectorDavid Macgregor - PresidentMichael Dahl - Managing DirectorEric Bosshard - CEO Conference Call Participants Susan Maklari - Senior Equi ...

Valley National Bancorp (NASDAQ:VLY) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Travis Lan - Senior Executive Vice President and Chief Financial Officer Ira Robbins - Chief Executive Officer Mark Saeger - Chief Credit Officer Conference Call Participants Frank Schiraldi - Piper Sandler Christopher McGratty - KBW Manan Gosalia - Morgan Stanley Anthony Elian - JPMorgan Matthew Breese - Stephens Jared David Shaw - Barclays Stephen Moss - Raymond James Jon Arfstrom - RBC Ca ...

CNX Resources (CNX) Q1 2025 Earnings Call April 24, 2025 02:54 PM ET Company Participants Tyler Lewis - VP of Investor RelationsZach Parham - Executive DirectorAlan Shepard - Chief Financial OfficerGabe Daoud - Managing Director, Energy Equity ResearchNoah Hungness - Equity Research AssociateJake Roberts - Director - E&P Research Conference Call Participants Leo Mariani - Managing Director, Senior Research Analyst Operator Good day, and welcome to the CNX Resources First Quarter twenty twenty five Q and A C ...

Live Oak Bancshares, Inc. (NYSE:LOB) Q1 2025 Earnings Conference Call April 24, 2025 9:00 AM ET Company Participants Greg Seward - General Counsel and Chief Risk Officer Chip Mahan - Chairman and Chief Executive Officer BJ Losch - President Walt Phifer - Chief Financial Officer Michael Cairns - Chief Credit Officer Conference Call Participants Crispin Love - Piper Sandler Tim Switzer - KBW David Feaster - Raymond James Operator Good morning, ladies and gentlemen, and welcome to the Q1 2025 Live Oak Bancshar ...

TransUnion (NYSE:TRU) Q1 2025 Earnings Conference Call April 24, 2025 9:30 AM ET Company Participants Greg Bardi – Vice President-Investor Relations Chris Cartwright – President and Chief Executive Officer Todd Cello – Executive Vice President and Chief Financial Officer Conference Call Participants Jeff Meuler – Baird Andrew Steinerman – JPMorgan Toni Kaplan – Morgan Stanley Faiza Alwy – Deutsche Bank Jason Haas – Wells Fargo Ashish Sabadra – RBC Capital Markets Tom Roesch – William Blair Manav Patnaik – B ...

Beam Global (NYSE:OII) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Hilary Frisbie - Senior Director-IR Rod Larson - President and CEO Alan Curtis - SVP and CFO Conference Call Participants David Smith - Pickering Energy Partners Eddie Kim - Barclays Colby Sasso - Daniel Energy Partners Operator Welcome to Oceaneering International, Inc.'s First Quarter 2025 Earnings Conference Call. My name is Julianne, and I will be your conference operator. All lines have been placed o ...

Financial Data and Key Metrics Changes - The company reported diluted earnings per share of $0.65, a 6¢ increase compared to Q1 2024, while adjusted diluted earnings per share decreased by $0.03 to $0.79 [28][29] - North America's organic revenue fell by 4.1% per day, which is less than the decline seen in the last three quarters of 2024 [13] - The overall EBITDA margin for North America was 15.7%, a 60 basis point decrease year-over-year, while Europe reported a segment EBITDA margin of 9.3%, a 60 basis point improvement [31][33] Business Line Data and Key Metrics Changes - North America experienced a decline in repairable claims, impacting organic revenue, but managed to generate positive growth in lead tech calibration and diagnostics [13][14] - Specialty's organic revenue declined by 4.9% on a per-day basis, although there was sequential improvement compared to Q4 of 2024 [19] - Self-service operations delivered a year-over-year improvement in both EBITDA dollars and percentage, generating $20 million in segment EBITDA for Q1 [36] Market Data and Key Metrics Changes - In Europe, organic revenue declined by 1.8% per day compared to a growth of 4.4% in Q1 of 2024, with noticeable softness in many markets due to consumer confidence [14][15] - The company noted that competitive pricing in some countries contributed to challenging conditions, but they expect stabilization in the long term [16] - The SKU rationalization project in Europe has led to a reduction of 17,000 SKUs, with private label penetration increasing by 20 basis points [17] Company Strategy and Development Direction - The company remains committed to a balanced capital allocation strategy, incorporating dividends, share repurchases, and maintaining an investment-grade rating [12] - The ongoing strategy to simplify the portfolio included divesting two operations, demonstrating a commitment to streamlining [11] - The focus is on people, process, and performance, with an emphasis on talent development and leadership competencies [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the potential for repairable claims to improve due to rising used car prices and stabilizing insurance premiums [56][58] - The company established a global tariff task force to navigate the complexities of the current tariff situation, with less than 15% of U.S. business costs directly imported from outside the U.S. [22][21] - Management expects headwinds on repairable claims to continue in 2025 but anticipates some easing in the latter half of the year [33] Other Important Information - The company plans to publish its 2024 sustainability report in May, emphasizing sustainability in its operations [24] - Free cash flow during the quarter was a net outflow of $57 million, but positive free cash flow is anticipated in the next three quarters [37][38] - The company borrowed approximately $170 million in the quarter, with total debt at $4.4 billion and a leverage ratio of 2.5 times EBITDA [40][41] Q&A Session Summary Question: Trends from insurance companies regarding used car pricing - Management noted a shift in market share with insurance carriers and indicated that used car pricing has plateaued and started to improve [55][56] Question: Impact of tariffs on business - Management discussed the complexities of tariffs, indicating that they have historically been beneficial for the industry and that they are working with suppliers to mitigate impacts [60][67] Question: Impact of SKU reduction program in Europe - Management confirmed that there has been no negative impact on revenue from the SKU reduction program, as they have been able to offset sales through private labels [80][81] Question: Percentage of revenue from private label and future targets - Current private label revenue is in the 21-22% range, with a target of reaching around 30% by 2030 [86] Question: Link between pricing initiatives and competitive landscape - Management clarified that improvements in market share were not driven by pricing actions but by enhanced service levels and inventory management [96][97] Question: Clarification on aftermarket part imports and tariffs - Management explained the complexity of tariffs and confirmed that most aftermarket collision parts are already branded under private labels [101][102]

PROCEPT BioRobotics Corporation (NASDAQ:PRCT) Q1 2025 Earnings Conference Call April 24, 2025 8:00 AM ET Company Participants Matt Bacso - Vice President, Investor Relations & Business Operations Reza Zadno - President & Chief Executive Officer Sham Shiblaq - Executive Vice President & Chief Commercial Officer Kevin Waters - Executive Vice President & Chief Financial Officer Conference Call Participants Matthew O'Brien - Piper Sandler Craig Bijou - Bank of America Securities Patrick Wood - Morgan Stanley Ri ...

Horizon Bancorp, Inc. (NASDAQ:HBNC) Q1 2025 Earnings Conference Call April 24, 2025 8:30 AM ET Company Participants Thomas Prame - Chief Executive Officer and President Lynn Kerber - Executive Vice President and Chief Commercial Banking Officer John Stewart - Executive Vice President and Chief Financial Officer Conference Call Participants Brendan Nosal - Hovde Group Terry McEvoy - Stephens Damon DelMonte - KBW Nathan Race - Piper Sandler David Long - Raymond James Brian Martin - Janney Montgomery Operator ...

The Shyft Group, Inc. (NASDAQ:SHYF) Q1 2025 Results Conference Call April 24, 2025 8:30 AM ET Company Participants Randy Wilson - Vice President of Investor Relations & Treasury John Dunn - President and Chief Executive Officer Scott Ocholik - Interim Chief Financial Officer, Chief Accounting Officer, and Corporate Controller Conference Call Participants Matt Koranda - ROTH Capital Mike Shlisky - D.A. Davidson Tyler DiMatteo - BTIG Operator Good morning, and welcome to The Shyft Group First Quarter 2025 Con ...