Louisiana-Pacific (LPX) Q1 2025 Earnings Call May 06, 2025 11:00 AM ET Company Participants Aaron Howald - Vice President of Investor Relations and Business DevelopmentBrad Southern - Chair & CEOAlan Haughie - EVP & CFOKetan Mamtora - Director - Building Products Equity ResearchMichael Roxland - MD - Equity ResearchSteven Ramsey - Deputy Director of ResearchSean Steuart - Managing DirectorJeffrey Stevenson - Vice President Conference Call Participants Susan Maklari - Senior Equity Research AnalystMatthew Mc ...

L.B. Foster Company (FSTR) Q1 2025 Earnings Call May 06, 2025 11:00 AM ET Company Participants Lisa Durante - Investor RelationsJohn Kasel - President & CEOWilliam Thalman - Executive VP & CFOLiam Burke - Managing Director Conference Call Participants Julio Romero - Equity AnalystChristopher Sakai - AnalystJustin Bergner - Portfolio Manager, Research Analyst Operator Good day and thank you for standing by. Welcome to the L. B. Foster First Quarter twenty twenty five Earnings Conference Call. At this time, a ...

Kosmos Energy (KOS) Q1 2025 Earnings Call May 06, 2025 11:00 AM ET Company Participants Jamie Buckland - Vice President, Investor RelationsAndrew Inglis - Chairman & CEONeal Shah - Senior VP & CFODavid Round - Managing DirectorMatthew Smith - Vice President, Data and Analytics ManagerStella Cridge - MD, Head of EEMEA Corporate Credit ResearchNikhil Bhat - Executive DirectorMark Wilson - Managing Director Conference Call Participants Lydia Gould - Research AnalystBob Brackett - Senior Research Analyst Operat ...

Knife River (KNF) Q1 2025 Earnings Call May 06, 2025 11:00 AM ET Company Participants Nathan Ring - VP & CFOBrian Gray - CEO & PresidentTrey Grooms - Managing DirectorKathryn Thompson - Founding Partner & CEOGarik Shmois - Managing DirectorIan Zaffino - Managing Director Conference Call Participants Brent Thielman - MD & Senior Research AnalystGabe Hajde - Analyst Operator Good morning, ladies and gentlemen, and welcome to the KnifeRiver Corporation First Quarter Results Conference Call. At this time, note ...

Inter Parfums (IPAR) Q1 2025 Earnings Call May 06, 2025 11:00 AM ET Company Participants Karin Daly - Investor RelationsJean Madar - Chairman, CEO & Co-FounderMichel Atwood - CFOAshley Helgans - Senior Vice PresidentHamed Khorsand - Principal Conference Call Participants Susan Anderson - Managing Director & Senior AnalystKorinne Wolfmeyer - Vice President & Senior Equity Research Analyst - Beauty and WellnessLuca Codagnone - Analyst Operator Greetings, and welcome to the Interperform's First Quarter twenty ...

FreightCar America (RAIL) Q1 2025 Earnings Call May 06, 2025 11:00 AM ET Company Participants Chris Odeh - Investor RelationsNicholas Randall - President & CEOMatthew Tonn - Chief Commercial OfficerMike Riordan - CFO Conference Call Participants Mark Reichman - Senior Natural Resource AnalystBrendan McCarthy - Equity Research AnalystAaron Reed - Research Analyst Operator Welcome to FreightCar America's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants' lines are in a ...

Crescent Energy Co (CRGY) Q1 2025 Earnings Call May 06, 2025 11:00 AM ET Company Participants Reid Gallagher - Director - Investor RelationsDavid Rockecharlie - Chief Executive OfficerBrandi Kendall - CFO & DirectorOliver Huang - DirectorClay Rynd - Executive Vice President, InvestmentsJohn Freeman - Managing DirectorMichael Scialla - Managing DirectorCarlos Escalante - Senior AssociateMichael Furrow - Vice PresidentArun Jayaram - Vice PresidentNevin Athwal - Executive Director Conference Call Participants ...

Banco Latinoamericano de Comercio Exterior (BLX) Q1 2025 Earnings Call May 06, 2025 11:00 AM ET Company Participants Jorge L. Salas Taurel - CEOAnnette van Hoorde - EVP & CFOInigo Vega - Managing DirectorSamuel Canineu - EVP- Commercial BankingRicardo Buchpiguel - Equity Research Director Operator Good morning, ladies and gentlemen, and welcome to Bladex First Quarter twenty twenty five Earnings Conference Call. A slide presentation is accompanying today's webcast and is also available on the Investors sect ...

Ball (BALL) Q1 2025 Earnings Call May 06, 2025 11:00 AM ET Company Participants Brandon Potthoff - Head of Investor RelationsDaniel Fisher - Chairman & CEOHoward Yu - Executive VP & CFOStefan Diaz - Vice President, Equity ResearchPhilip Ng - Managing DirectorJosh Spector - Executive DirectorGeorge Staphos - Managing DirectorNiccolo Piccini - Equity Research AssociateChristopher Parkinson - Managing Director Conference Call Participants Ghansham Panjabi - Senior Research AnalystAnthony Pettinari - AnalystEdl ...

Financial Data and Key Metrics Changes - The company reported an 85% growth in adjusted net income, reaching $51.3 million or $1.87 per share compared to $27.8 million or $1.09 per share in Q1 2024 [30] - The adjusted combined ratio improved to 68.5% from 73% in the same quarter last year, indicating better underwriting performance [31] - Gross written premiums increased by 20% year over year to $442.2 million, with a 37% growth rate when excluding runoff business [32] Business Line Data and Key Metrics Changes - The casualty gross written premium grew by 113% year over year, driven by strong performance across various segments [20] - The earthquake franchise saw a 23% year-over-year growth in gross written premium, with record new business in the residential segment [14] - The crop franchise generated $48 million in written premium, a 25% increase year over year, despite seasonal limitations [23] Market Data and Key Metrics Changes - The company noted pressure in the commercial accounts market, with rate decreases of approximately 5% in small commercial accounts and 7.5% in large commercial accounts [16] - The Hawaii hurricane segment experienced an 82% growth, with new business written at rates 26% higher than the previous year [18] - The company is facing increased competition in the commercial all-risk segment, leading to significant pricing pressure [19] Company Strategy and Development Direction - The company is focused on executing its strategic imperatives, including integrating and operating new acquisitions, building new market leaders, and maintaining a conservative risk appetite [7][10] - The acquisition of Advanced Ag Protection is expected to enhance the crop business and contribute to long-term growth [24] - The company aims to build a leading specialty insurance franchise with a diversified portfolio, targeting $500 million in premium for the crop business in the intermediate future [25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating economic uncertainties, noting that the insurance sector is less impacted by tariffs compared to other industries [11] - The company raised its full-year 2025 adjusted net income guidance to a range of $186 million to $200 million, reflecting strong performance and growth potential [29] - Management acknowledged that a recession could have a more significant impact on the portfolio than tariffs, but emphasized the diversity of the portfolio as a strength [13] Other Important Information - The company secured $525 million of earthquake limit through a catastrophe bond issuance, exceeding its target [26] - The net investment income for Q1 was $12.1 million, a 69.1% increase year over year, attributed to higher yields on invested assets [36] - The company is committed to investing in talent across various departments to support growth and operational efficiency [28] Q&A Session Summary Question: Can you help us think through the flat to down five that you're assuming in your outlook? - Management indicated that all placements to date have come in better than the forecast of flat to down 5%, with a conservative approach to future placements [44] Question: Could you talk about the thought process around splitting out Laulima separately? - The decision to separate Laulima stems from the desire to establish it as an independent entity, allowing for better management and fee generation [47] Question: What sort of growth did you see in the residential and commercial sides? - Management noted strong growth in both residential and commercial segments, with residential benefiting from heightened awareness and new partnerships [52][55] Question: How much of the acceleration in the casualty book was due to market growth versus internal ramp-up? - Management stated that the acceleration was a combination of both new hires and favorable market conditions, allowing for broader distribution and service capabilities [61] Question: Are you keeping the commercial all-risk program in the portfolio? - Management confirmed that they will maintain a minimal presence in the commercial all-risk market, ready to re-enter when conditions improve [73]