Core Natural Resources (CEIX) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Company Participants Deck Slone - SVP, Strategy & Public PolicyPaul Lang - CEOMitesh Thakkar - President & CFORobert Braithwaite - SVP, Marketing & Sales Conference Call Participants Nathan Martin - Senior Research AnalystChris LaFemina - AnalystNick Giles - Senior Research AnalystGeorge Eadie - Equity Analyst Operator Good morning, ladies and gentlemen, and welcome to the Core Natural Resources Corporation First Quarter twenty twe ...

Permian Resources (PR) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Company Participants Hays Mabry - VP - IRWill Hickey - Director & Co-CEOJames Walter - Director & Co-CEOKevin MacCurdy - Managing DirectorJohn Freeman - Managing DirectorScott Hanold - Managing Director - Energy ResearchZach Parham - Executive DirectorGabe Daoud - Managing Director, Energy Equity ResearchJohn Annis - Vice PresidentGeoff Jay - PartnerOliver Huang - Director Conference Call Participants Neil Mehta - AnalystLeo Mariani - Man ...

Global Partners (GLP) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Company Participants Sean T. Geary - Chief Legal OfficerEric Slifka - President, CEO & DirectorGregory Hanson - Chief Financial OfficerSelman Akyol - Managing Director - Energy & Power sectorMark Romaine - COO Operator Good day, everyone, and welcome to the Global Partners First Quarter twenty twenty five Financial Results Conference Call. Today's call is being recorded. All lines have been placed in listen only mode. With us from Global P ...

Financial Data and Key Metrics Changes - Revenues increased by 15% year over year to a record $222.3 million in Q1 2025, driven by strong organic growth in both residential and multifamily commercial businesses [6][20] - Adjusted EBITDA for Q1 2025 was $70.2 million, representing a margin of 31.6%, compared to $51 million and a margin of 26.5% in the prior year [21] - Gross profit was $97.5 million with a gross margin of 43.9%, up from $74.7 million and a margin of 38.8% in the prior year [21] Business Line Data and Key Metrics Changes - Single-family residential revenues grew by 21.6% year over year to $88.9 million, reflecting strength in Florida operations and geographic expansion [6][13] - Multifamily and commercial revenues increased by 11.6% year over year to $133.4 million, supported by a growing backlog [7][15] - The company ended the quarter with a record backlog of $1.14 billion, approximately 2.2 times the last twelve months' multifamily and commercial revenues [15][16] Market Data and Key Metrics Changes - The company reported strong order traction and market share growth across various U.S. regions, including Florida, Texas, and California [11][64] - Residential orders were up 17% year over year, indicating continued demand in the market [65] Company Strategy and Development Direction - The acquisition of Continental Glass Systems enhances production capabilities in the U.S. and diversifies the company's manufacturing footprint [10][32] - The company plans to develop a fully automated and vertically integrated operation in the U.S. over the next five to seven years [25][61] - Strategic pricing adjustments and supply chain modifications are being implemented to mitigate tariff impacts [22][30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory for 2025, despite macroeconomic uncertainties, citing strong performance and a robust project backlog [11][29] - The company anticipates that strategic actions will offset the projected $25 million tariff impact for the year [26][30] - Management highlighted the importance of geographic diversification in mitigating regional market risks [17] Other Important Information - The company achieved record cash of $157.3 million at the end of Q1 2025, reflecting strong cash generation and working capital management [11][27] - Total liquidity was approximately $330 million, providing financial flexibility for growth initiatives and shareholder returns [28] Q&A Session Summary Question: Insights on the architectural glass industry and imports - Management noted that U.S. manufacturers import a significant portion of raw materials, presenting opportunities for growth [36][37] Question: Breakdown of residential growth and vinyl expectations - The legacy Florida business grew by approximately 15%, with other regions starting to contribute more significantly [41] Question: Details on the Continental acquisition and its benefits - The acquisition provides manufacturing capabilities in the U.S. and access to the growing replacement market for condominiums [45][46] Question: Plans for U.S. manufacturing development - The company plans to establish a foundry and eventually a fully integrated facility in the U.S. to enhance production efficiency [60][61] Question: Trends in commercial orders and geographic diversification - Management reported booming business with increasing orders from various regions, indicating a diversified order pipeline [64][68]

Capital Clean Energy Carriers (CCEC) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Company Participants Brian Gallagher - Executive Vice President of Investor RelationGerasimos Kalogiratos - CEO and DirectorNikos Tripodakis - Chief Commercial OfficerJonathan Chappell - Senior Managing DirectorLiam Burke - Managing DirectorNikos Kalapotharakos - CFOOmar Nokta - Managing DirectorCliment Molins - Head of Shipping Research Conference Call Participants Alexander Bidwell - Associate Analyst Operator Thank you fo ...

Trinseo (TSE) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Company Participants Bregje Roseboom-Van Kessel - SVP Corporate Development, Investor RelationsFrank Bozich - President & Chief Executive OfficerDavid Stasse - EVP & CFOMatthew Blair - Managing DirectorDan Rizzo - Senior Vice PresidentFrank Mitsch - President Conference Call Participants Hassan Ahmed - Senior Equity Analyst Operator Good morning, ladies and gentlemen, and welcome to the Trinseo First Quarter twenty twenty five Financial Results Co ...

Financial Data and Key Metrics Changes - In Q1 2025, consolidated net revenue was $259.9 million, reflecting a sequential increase of $1.7 million or 0.7% quarter over quarter, but a decrease of $2.5 million or 1% year over year [16] - Consolidated adjusted EBITDA was $26.6 million, an increase of $1.5 million or 6% sequentially, and up $1.3 million or 5.1% year over year, with an overall EBITDA margin of 10.2%, an increase of 60 basis points from the prior year [17] - The leverage ratio improved to 4.4 times, below the covenant of 4.5 times, allowing for better pricing under existing agreements and additional flexibility for acquisitions [22][24] Business Line Data and Key Metrics Changes - Home Health segment revenue was $200.6 million, a slight increase of $200,000 or 0.1%, with a 3.7% increase in average daily census [18] - Hospice segment revenue reached $59.3 million, reflecting a sequential increase of $1.5 million or 2.6% and a year-over-year increase of $10.1 million or 20.5% [19] - Home Health adjusted EBITDA totaled $38.3 million, reflecting a sequential increase of $2.8 million or 7.9% [18] Market Data and Key Metrics Changes - Non-Medicare admissions in Home Health were up 7.4% year over year, driven by payer innovation contracts [8] - Hospice admissions grew 8% year over year, with same-store growth of 5.2% [10] - Average daily census in hospice reached 38.09 in Q1, an improvement of 2.1% sequentially and 12.3% year over year [20] Company Strategy and Development Direction - The company is focusing on payer contract initiatives to drive growth, with a significant increase in the percentage of home health visits under payer innovation contracts from 30.8% to 44% [9] - A de novo strategy is being implemented, with one new hospice location opened and 13 projects underway [11] - The company aims to continue leveraging technology to improve efficiency and reduce costs, including piloting two internally developed apps [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to build capacity in a normalizing labor market, with a 4% increase in capacity from December to March [29] - The company reaffirmed its 2025 guidance based on strong Q1 results and business momentum [24] - Management noted that the focus remains on balancing admissions to maintain a healthy payer mix, especially in light of negative growth in Medicare [26] Other Important Information - The company completed the transition to outsourced coding resources, expected to deliver $1.5 million in cost savings for the remainder of 2025 [12] - Free cash flow generated in Q1 was approximately $17 million, with a 63.5% conversion rate [21] Q&A Session Summary Question: Thoughts on volume growth within the non-Medicare book of business - Management noted that payer innovation contracts contributed significantly to positive growth, with a focus on hiring to improve average daily census and admissions [26][27] Question: Expectations for labor market inflation - Management indicated a return to normal salary inflation rates of 2% to 3%, with some markets experiencing tighter conditions [28] Question: Initiatives for gaining share in hospice - Management highlighted the combination of increased referrals and the establishment of regional admissions departments to improve conversion rates [31][32] Question: Dynamics behind business per episode in home health - The use of the Metalogics Pulse tool has been critical in optimizing visits per episode, focusing on higher acuity patients [33][34] Question: Capacity and productivity in hospice - Management confirmed that they are maintaining capacity at the branch level and do not anticipate changes in growth trajectory [42][43] Question: Rate increases and inflation protection in payer contracts - Most contracts are two to three years long, with some having escalators tied to quality metrics, and management is actively renegotiating contracts [48][49] Question: Declining research rates - Management acknowledged challenges in securing research for patients, particularly as Medicare Advantage grows, but emphasized a focus on overall census growth [50][52]

Core Molding (CMT) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Company Participants Sandy Martin - Managing DirectorDavid Duvall - President , CEO & DirectorAlex Panda - VP, Corporate Controller Conference Call Participants Chip Moore - Managing Director & Senior Research Analyst Operator Good morning, everyone. Welcome to the Core Molding Technologies First Quarter twenty twenty five Financial Results Conference Call. At this time, all participants are in a listen only mode. A question and answer sessio ...

Nexstar Media Group (NXST) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Company Participants Joseph Jaffoni - JCIRPerry Sook - Founder, Chairman & CEOMichael Biard - President & COOLee Gliha - Executive VP & CFOJason Bazinet - DirectorPatrick Sholl - Vice PresidentAlan Gould - Managing Director Conference Call Participants Daniel Kurnos - Equity Research AnalystSteven Cahall - Managing Director, Senior Analyst - Media, Advertising & CableBenjamin Soff - AnalystAaron Watts - Managing Director, Media, Enter ...

DLH (DLHC) Q2 2025 Earnings Call May 08, 2025 10:00 AM ET Company Participants Chris Witty - Managing Director - Investor RelationsZachary Parker - President & CEOKathryn Johnbull - CFO Conference Call Participants Joe Gomes - Senior Generalist Analyst Operator Good morning, and welcome to the DLH Fiscal twenty twenty five Second Quarter Earnings Conference Call. All participants will be in listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is ...