Packaging Corporation of America (NYSE:PKG) Q4 2025 Earnings call January 28, 2026 09:00 AM ET Company ParticipantsAnojja Shah - Director of Equity ResearchCharlie Muir-Sands - Head of Paper and Packaging Equity ResearchGeorge Staphos - Managing DirectorKent Pflederer - EVP and CFOMark Kowlzan - Chairman and CEOMark Weintraub - Partner and Managing DirectorMichael Roxland - Managing Director of Equity ResearchPhilip Ng - Managing DirectorTom Hassfurther - PresidentConference Call ParticipantsAnthony Pettina ...

Financial Data and Key Metrics Changes - In Q1 fiscal 2026, the company reported revenue of CAD 4.1 billion, an increase of 7.7% year-over-year, or 3.4% when excluding foreign exchange impacts [5] - Adjusted EBIT was CAD 655 million, up 7.1% year-over-year, with a margin of 16.1%, down 10 basis points [9] - Adjusted net earnings were CAD 461 million, with a margin of 11.3%, and diluted EPS was CAD 2.12, an increase of 8% compared to Q1 last year [10] - Cash generated from operations was CAD 872 million, representing 21.4% of total revenue, with DSO improving to 37 days [10][11] Business Line Data and Key Metrics Changes - The APAC delivery center reported growth of 5.8%, driven by managed services [5] - The UK and Australia segment grew by 31% due to the acquisition of BJSS, enhancing the company's service offerings [5] - The Western and Southern Europe segment saw a growth of 9%, led by the acquisition of Apside [7] - Managed services had a book-to-bill ratio of 122%, indicating strong demand [8] Market Data and Key Metrics Changes - Bookings in the quarter reached CAD 4.5 billion, resulting in a book-to-bill ratio of 110% [7] - The U.S. commercial and state government segment had a book-to-bill ratio of 169% [7] - The government sector pipeline of opportunities increased by 30% compared to the previous year [16] Company Strategy and Development Direction - The company is focused on a build and buy strategy, emphasizing investments in AI and strategic acquisitions [12][22] - The capital allocation priorities include investing back into the business, pursuing accretive acquisitions, and share buybacks [12][22] - The company aims to leverage its local presence and global scale to enhance client relationships and service delivery [12][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the U.S. federal market despite recent shutdowns, viewing it as a long-term opportunity [34] - The company anticipates gradual improvement in various industries and geographies, driven by strong client demand for AI and digital transformation [28] - Management highlighted the importance of trust and industry knowledge in navigating the current geopolitical and economic landscape [27] Other Important Information - The board approved a quarterly cash dividend of CAD 0.17 per share, payable on March 20, 2026 [12] - The company has CAD 2.4 billion in capital resources available and a net debt leverage ratio of 1, indicating strong balance sheet capacity [12] Q&A Session Summary Question: Impact of AI volatility on acquisitions - Management stated that AI remains an enabler for future growth and does not change their M&A strategy [32][33] Question: U.S. federal government business outlook - Management believes the federal government remains a strong client despite recent shutdowns, viewing it as a long-term market [34] Question: Margins in U.S. federal business - Margins were impacted by the shutdown, but management expects improvement as operations normalize [40][41] Question: Vendor consolidation trends - Management noted an increase in vendor consolidation among clients, providing opportunities for the company [45][46] Question: Enterprise AI adoption cycle - Management indicated that while many companies have deployed AI tools, realizing outcomes requires addressing data quality and infrastructure challenges [49][56] Question: Internal AI use and margin improvement - Management confirmed that AI is already contributing to efficiency and margin improvements, with expectations for continued gains [60][61]

Bridgewater Bancshares (NasdaqCM:BWB) Q4 2025 Earnings call January 28, 2026 09:00 AM ET Company ParticipantsJerry Baack - Chairman and CEOJoseph Chybowski - President and CFOJustin Horstman - VP of Investor RelationsKatie Morrell - Chief Credit OfficerNick Place - Chief Banking OfficerConference Call ParticipantsBrendan Nosal - AnalystJeff Rulis - AnalystNathan Race - AnalystOperatorGood morning, and welcome to the Bridgewater Bancshares 2025 fourth quarter earnings call. My name is Betsy, and I will be yo ...

ASML (NasdaqGS:ASML) Q4 2025 Earnings call January 28, 2026 09:00 AM ET Company ParticipantsC.J. Muse - Senior Managing DirectorChristophe Fouquet - CEODidier Scemama - Managing Director and Senior analystJim Kavanagh - Head of Investor RelationsRoger Dassen - CFOConference Call ParticipantsAlexander Duval - AnalystAndrew Gardiner - Managing Director and Senior Equity AnalystChris Caso - Managing Director and Senior Equity AnalystFrançois Bouvignies - Research AnalystJoe Quatrochi - AnalystKrish Sankar - Ma ...

Packaging Corporation of America (NYSE:PKG) Q4 2025 Earnings call January 28, 2026 09:00 AM ET Company ParticipantsAnojja Shah - Director of Equity ResearchCharlie Muir-Sands - Head of Paper and Packaging Equity ResearchGeorge Staphos - Managing DirectorKent Pflederer - EVP and CFOMark Kowlzan - Chairman and CEOMark Weintraub - Partner and Managing DirectorMichael Roxland - Managing Director of Equity ResearchPhilip Ng - Managing DirectorTom Hassfurther - PresidentConference Call ParticipantsAnthony Pettina ...

WesBanco (NasdaqGS:WSBC) Q4 2025 Earnings call January 28, 2026 09:00 AM ET Company ParticipantsDaniel Weiss - Senior EVP and CFOJeffrey Jackson - President and CEOJohn Iannone - SVP of Investor RelationsConference Call ParticipantsCatherine Mealor - AnalystDaniel Tamayo - AnalystDavid Bishop - AnalystKarl Shepard - AnalystManuel Navas - AnalystRussell Gunther - AnalystOperatorGood day, and welcome to the WesBanco Fourth Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode. Sh ...

Littelfuse (NasdaqGS:LFUS) Q4 2025 Earnings call January 28, 2026 09:00 AM ET Company ParticipantsAbhi Khandelwal - EVP and CFODavid Kelley - Head of Investor RelationsGreg Henderson - President and CEOConference Call ParticipantsChristopher Glynn - Managing Director and Senior AnalystDavid Williams - Equity Research AnalystLuke Junk - Senior Research AnalystOperatorGood day, everyone, and welcome to the Littelfuse Fourth Quarter 2025 Earnings Conference Call. Today's call is being recorded. At this time, I ...

Orrstown Financial Services (NasdaqCM:ORRF) Q4 2025 Earnings call January 28, 2026 09:00 AM ET Company ParticipantsAdam Metz - COOKyle Gierman - Equity Research AssociateNeelesh Kalani - CFOTimothy P. Switzer - VP, Equity ResearchTom Quinn - President and CEOConference Call ParticipantsGregory Zingone - Equity Research AnalystOperatorGood morning. My name is Sarah, and I will be your conference operator today. At this time, I would like to welcome everyone to the Orrstown Financial Services, Inc., fourth qu ...

General Dynamics (NYSE:GD) Q4 2025 Earnings call January 28, 2026 09:00 AM ET Company ParticipantsDanny Deep - PresidentKimberly Kuryea - CFONicole Shelton - Head of Investor RelationsPhebe Novakovic - Chairman and CEOConference Call ParticipantsAndre Madrid - AnalystDouglas Harned - AnalystGautam Khanna - AnalystJohn Good - AnalystMatthew Akers - AnalystMyles Walton - AnalystRobert Stallard - AnalystRonald Epstein - AnalystScott Deuschle - AnalystSeth Seifman - AnalystSheila Kahyaoglu - AnalystOperatorGood ...

WesBanco (NasdaqGS:WSBC) Q4 2025 Earnings call January 28, 2026 09:00 AM ET Company ParticipantsDaniel Weiss - Senior EVP and CFOJeffrey Jackson - President and CEOJohn Iannone - SVP of Investor RelationsConference Call ParticipantsCatherine Mealor - AnalystDaniel Tamayo - AnalystDavid Bishop - AnalystKarl Shepard - AnalystManuel Navas - AnalystRussell Gunther - AnalystOperatorGood day, and welcome to the WesBanco Fourth Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode. Sh ...