Kimco Realty (KIM) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 Good day, everyone, and welcome to The Estee Lauder Companies Fiscal twenty twenty five Third Quarter Conference Call. Today's webcast is being recorded. For opening remarks and introductions, I would like to turn the call over to the Senior Vice President of Investor Relations, Ms. Rainey Mancini. Speaker1 Hello. On today's webcast are Stephane Della Pavri, President and Chief Executive Officer and Akhil Srivastava, Executive Vice P ...

AMETEK (AME) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 and welcome to the First Quarter twenty twenty five AMETEK Earnings Conference Call. At this time, all participants are in a listen only mode. After the speaker presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. It is now my pleasure to introduce Vice President of Investor Relations and Treasurer, Kevin Coleman. Speaker1 Thank you, Andrew. Good morning, and welcome to AME ...

Financial Data and Key Metrics Changes - Total company revenue for Q1 was $44 billion, up 2% year over year, with EBIT adjusted at $3.5 billion and EBIT adjusted margins at 7.9% [26][27] - EPS diluted adjusted was $2.78, with EBIT adjusted slightly down from last year's Q1 performance [26][27] - The company updated its full year EBIT adjusted guidance to a range of $10 billion to $12.5 billion, reflecting a current tariff exposure of $4 billion to $5 billion [8][41] Business Line Data and Key Metrics Changes - U.S. deliveries were up 17% year over year, with market share growing to 17.2%, marking a nearly two-point improvement from the prior year [24][32] - EV sales achieved over 90% year-over-year growth, securing the number two position in the U.S. EV market [28][42] - The margin in North America was 8.8%, well within the target range of 8% to 10% [32][16] Market Data and Key Metrics Changes - The company gained almost two full points of market share year over year in the U.S., with a first-quarter share of the U.S. EV market at 10%, rising to 12% in March [15][32] - Sales of new energy vehicles in China increased by 53% year over year, contributing positively to equity income [33] Company Strategy and Development Direction - The company is focused on increasing U.S. manufacturing capability and supply chains, with a 27% increase in direct purchases in the U.S. for North American production since 2019 [9][10] - GM is moderating EV production to align with consumer demand and avoid heavy discounts, focusing on efficiency and cost reductions across the value chain [12][13] - The company is developing a next-generation software-defined vehicle platform and enhancing Super Cruise capabilities [20][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in adapting to the new trade policy environment and maintaining strong consumer demand for vehicles [14][40] - The company anticipates a $4 billion to $5 billion impact from tariffs, with expectations to offset at least 30% through self-help initiatives [41][67] - Management highlighted the importance of maintaining cost discipline and focusing on profitable growth despite challenges [30][46] Other Important Information - The company has invested $60 billion in U.S. manufacturing over the last five years and operates a network of 50 manufacturing plants [7][8] - GM Financial performed well with Q1 EBT adjusted of almost $700 million, in line with last year [33] Q&A Session Summary Question: Is there scope for the industry to receive relief on imported vehicle tariffs? - Management expressed hope for continued trade agreements and indicated that implementing offsets will take time [51][52] Question: How does the pace of investments in AV and AI change due to recent disruptions? - Management confirmed ongoing investments in AV and AI, with a focus on personal autonomy and leveraging partnerships to improve efficiency [60][61] Question: Can you clarify the tariff impact and mitigation strategies? - The estimated tariff impact is $4 billion to $5 billion, with a 30% offset from self-help initiatives, not including pricing increases [67][68] Question: How does the company manage vehicles assembled outside the U.S.? - Management stated that they have excess capacity in the U.S. and can adjust production quickly based on market conditions [92] Question: What are the expectations for capital expenditures and potential shifts in production? - The capital expenditure outlook remains unchanged at $10 billion to $11 billion, with decisions on production and capacity being made independently based on returns [95][96]

ATI (ATI) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 Hello, and welcome, everyone, to the ATI First Quarter twenty twenty five Earnings Call. My name is Becky, and I'll be your operator today. I will now hand over to your host, David Weston, Vice President of Investor Relations, to begin. Please go ahead. Speaker1 Thank you. Good morning and welcome to ATI's first quarter twenty twenty five earnings call. Today's discussion is being webcast online at atimaterials.com. Participating in today's c ...

Financial Data and Key Metrics Changes - Q1 2025 revenue was $1,035 million, up 29% year on year, exceeding guidance of $990 million to $1,015 million [5] - Q1 bookings were $1,207 million, up 31% year on year, surpassing the high end of guidance which was $1,125 million to $1,150 million [5] - Q1 Daily Active Users (DAUs) reached 97.8 million, up 26% year on year [5] - Cash from operations was $443 million, up 86% year on year, exceeding guidance of $380 million [8] - Free cash flow in Q1 was $406 million, up 123%, also above guidance [8] - The company reported a strong balance sheet with $4.5 billion in gross cash and $3.5 billion in net cash [34] Business Line Data and Key Metrics Changes - Developer Exchange (DevEx) increased by 39% year on year to $281 million, representing 27% of revenue [11] - The company noted that the top 100 creators earned an average of $6.7 million over the last twelve months, up 35% year on year [16] Market Data and Key Metrics Changes - DAUs in the US and Canada grew by 22%, while APAC saw a 40% increase, Japan 48%, and India 77% year on year [6] - Engagement hours reached 21.7 billion, up 30% year on year, with significant growth in various regions [7] Company Strategy and Development Direction - The company aims to capture 10% of the gaming market by consumer spending, focusing on genre expansion and technological improvements [19] - Emphasis on AI-driven tools for operational efficiency and creator support, with plans for full 3D scene creation and interactive assets [25][81] - The company is enhancing its advertising capabilities through partnerships, including a collaboration with Google [22] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's resilience during potential economic downturns, citing past performance during recessions [50] - The focus remains on innovation as a key driver for growth, with a belief that the platform can thrive even in challenging economic conditions [52] Other Important Information - The company is actively working on improving its search and discovery algorithms to enhance content visibility for creators [15] - The integration of differential pricing is still in early stages but shows promising results [42][44] Q&A Session Summary Question: What steps is the company taking to ensure continued growth from smaller developers? - The company is tracking various genres and believes that technological advancements will support growth across the platform [38] Question: What is the status of the differential pricing initiative? - The initiative is in its early stages, with positive early results, but it is too soon to determine its full impact [42][44] Question: How does the company view the potential impact of macroeconomic conditions on its business? - Management noted that the majority of users do not spend significant amounts, which may buffer against economic downturns [50] Question: What are the biggest opportunities for improving passive hourly monetization? - The focus is on genre expansion and increasing DAU, with ongoing efforts to optimize pricing and payment methods [60][63] Question: Can you discuss the Shopify partnership and its importance for e-commerce? - The Shopify integration is still in early phases, but the company sees significant potential for e-commerce growth on the platform [88][89]

Financial Data and Key Metrics Changes - Total operating revenues for Q1 were $571.6 million, a decrease of 10.1% year-over-year, or 7.7% on a same-store basis [30] - Adjusted EBITDA totaled $50.5 million, representing a margin of 8.8%, with a year-over-year decline in line with expectations [31] - The company reported a net loss of $7 million in Q1, an improvement of approximately $77 million compared to the previous year [33] - Free cash flow in Q1 totaled $10.2 million, growing 7.6%, with expectations for similar performance in Q2 [38] Business Line Data and Key Metrics Changes - Total digital revenues in Q1 were $250.4 million, down 6.4% year-over-year, representing approximately 44% of total revenues [34] - Digital-only subscription revenues exceeded $43 million, reflecting minor same-store growth, impacted by elevated customer churn [34] - Adjusted EBITDA for the Digital Marketing Solutions (DMS) segment totaled $8.5 million, with core platform revenue at $108.2 million [37] Market Data and Key Metrics Changes - The company had 195 million average monthly unique visitors, growing over 4% compared to the prior year [14] - The UK market experienced a slowdown in digital advertising trends, reflective of the local economy [36] Company Strategy and Development Direction - The company aims to leverage its industry-leading scale and diverse digital businesses to drive long-term growth [11] - A key focus is on enhancing monetization opportunities through investments in digital initiatives and expanding first-party data [13] - The recent DOJ ruling against Google is seen as a potential catalyst for a more equitable digital advertising marketplace, benefiting the company [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year 2025 business outlook despite a challenging first quarter [7] - The company anticipates a marked improvement in top-line trends, particularly in digital revenue, as it moves past unique first-quarter challenges [6] - Management noted that the fundamentals of the business are improving, with stronger retention and a more diversified revenue base [56] Other Important Information - The company reduced its debt by approximately $75 million in Q1, strengthening its capital structure [8] - A leadership transition occurred with the appointment of Tricia Gosser as Chief Financial Officer [9] Q&A Session Summary Question: Impact of DOJ case against Google - Management believes the DOJ's win sets the stage for a more favorable ad marketplace, leading to greater transparency and higher revenue shares for publishers [44] Question: Adjustments to affiliate revenue business - The company is working with affiliate partners to navigate changes and reenergize revenue growth through leveraging existing content [50] Question: Confidence in 2025 guidance - Management remains confident in the guidance, citing improvements in fundamentals and operational efficiencies [56] Question: Digital subscription revenue trends - On a same-store basis, there was some growth in digital subscriptions, but impacted by higher revenue reversals [73] Question: Tools to aggregate budgets onto the platform - The company is leveraging relationships with advertisers and building out first-party data solutions to drive up CPM [79] Question: Status of non-strategic asset sales - The company has largely worked through its real estate portfolio and does not feel pressured to sell assets that could negatively impact the business [83]

Tanger (SKT) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 Good morning. I'm Ashley Curtis, Assistant Vice President of Investor Relations, and I would like to welcome you to Tanger Inc. First Quarter twenty twenty five Conference Call. Yesterday evening, we issued our earnings release as well as our supplemental information package and investor presentation. This information is available on our website, tango.com. Please note that the call may contain forward looking statements that are subject t ...

Amicus Therapeutics (FOLD) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 Good morning, ladies and gentlemen, and welcome to the Amicus Therapeutics first quarter twenty twenty five financial results conference call and webcast. At this time, participants are in a listen only mode. Later, we will conduct a question and answer session, and instructions will follow at that time. As a reminder, this conference call, it is being recorded. I would now like to turn the conference call over to your host, ...

Broadridge Financial Solutions (BR) Q3 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 Please note this event is being recorded. I would now like to turn the conference over to Eddings Tivo, Head of Investor Relations. Please go ahead. Speaker1 Thank you, Dave, and good morning, everybody, and welcome to Broadridge's third quarter and fiscal year twenty twenty five earnings call. The earnings release and the slides that accompany this call may be found on the Investor Relations section of broadridge.co ...

Cardinal Health (CAH) Q3 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 Hello, and welcome to the Third Quarter Fiscal Year twenty twenty five Cardinal Health Incorporated Earnings Conference Call. My name is George, I'll be your coordinator for today's event. Please note this conference is being recorded. And for the duration of the call, your lines will be in listen only mode. However, you will have the opportunity to ask questions towards the end of the presentation. On your top of the keypad to as ...