Aon (NYSE:AON) Q4 2025 Earnings call January 30, 2026 08:30 AM ET Speaker2Good morning, and thank you for holding. Welcome to Aon PLC's fourth quarter 2025 conference call. At this time, all parties will be in a listen-only mode until the question and answer portion of today's call. I'd also like to remind all parties that this call is being recorded. If anyone has an objection, you may disconnect your line at this time. It is important to note that some of the comments in today's call may constitute certai ...

American Express Company (NYSE:AXP) Q4 2025 Earnings call January 30, 2026 08:30 AM ET Speaker11Ladies and gentlemen, thank you for standing by. Welcome to the American Express Q4 2025 earnings call. At this time, all participants are on a listen-only mode. Later, we will conduct a question-and-answer session. If you wish to ask a question, please press star, then one on your touch-tone phone. You will hear a tone indicating you have been placed in queue. You may remove yourself from the queue at any time b ...

Canadian National Railway Company (NYSE:CNI) Q4 2025 Earnings call January 30, 2026 08:30 AM ET Speaker20Good morning! CN's fourth quarter 2025 financial and operating results conference call will begin momentarily. Thank you for your patience.Speaker11Good morning. My name is Krista, and I will be your operator today. All participants are now in a listen-only mode. After the speaker's remarks, there will be a question-and-answer session, during which we ask that you kindly limit yourself to one question. A ...

Regeneron Pharmaceuticals (NasdaqGS:REGN) Q4 2025 Earnings call January 30, 2026 08:30 AM ET Speaker4Welcome to the Regeneron Pharmaceuticals fourth quarter 2025 earnings conference call. My name is Shannon, and I will be your operator for today's call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. Please note that this conference call is being recorded. I will now turn the call over to Ryan Crowe, Senior Vice President of Investor Relations. ...

SoFi Technologies (NasdaqGS:SOFI) Q4 2025 Earnings call January 30, 2026 08:00 AM ET Company ParticipantsAndrew Jeffrey - Partner and ResearchAnthony Noto - CEOBrian Denyeau - Head of Investor RelationsChris Lapointe - CFOJohn Hecht - Managing DirectorKyle Joseph - Managing DirectorNoah Katz - Senior Equity Research AssociatePeter Christiansen - DirectorReggie Smith - Executive Director of Equity ResearchWilliam Nance - VP of Equity ResearchConference Call ParticipantsDan Dolev - FinTech Equity Research Sen ...

Eastman Chemical Company (NYSE:EMN) Q4 2025 Earnings call January 30, 2026 08:00 AM ET Company ParticipantsDavid Begleiter - Managing DirectorFrank Mitsch - PresidentGreg Riddle - VP of Investor Relations and Corporate CommunicationsJake LaRoe - Senior Manager, Investor RelationsJohn Roberts - Managing DirectorJosh Spector - Executive Director of Chemicals Equity ResearchLydia Huang - VP of Equity ResearchMark Costa - Board Chair and CEOMike Sisson - Client Service AssociateRachel Li - Citigold AssociateTur ...

Eastman Chemical Company (NYSE:EMN) Q4 2025 Earnings call January 30, 2026 08:00 AM ET Company ParticipantsDavid Begleiter - Managing DirectorFrank Mitsch - PresidentGreg Riddle - VP of Investor Relations and Corporate CommunicationsJohn Roberts - Managing DirectorJosh Spector - Executive Director of Chemicals Equity ResearchLydia Huang - VP of Equity ResearchMark Costa - Board Chair and CEOMike Sisson - Client Service AssociateRachel Li - Citigold AssociateTurner Hinrichs - Equity Research AssociateWillie ...

Verizon (NYSE:VZ) Q4 2025 Earnings call January 30, 2026 08:00 AM ET Company ParticipantsBrady Connor - Head of Investor RelationsDan Schulman - CEOTony Skiadas - CFOConference Call ParticipantsBen Swinburne - AnalystJohn Hodulik - AnalystMichael Ng - AnalystMichael Rollins - AnalystOperatorGood morning, and welcome to Verizon's fourth quarter 2025 earnings conference call. At this time, all participants have been placed in a listen-only mode, and the call will be open for questions following the presentati ...

Financial Data and Key Metrics Changes - The company reported a 12% improvement in adjusted operating income and a 10% increase in earnings per share (EPS) to $3.16 compared to the prior year, driven by stronger productivity despite weak economic conditions [5][15] - The operating margin increased to 24.4%, while return on capital (ROC) was 11%, slightly lower than last year but stable sequentially [5][15] Business Line Data and Key Metrics Changes - Sales in the Americas increased by 4%, driven by higher energy pass-through, while operating income improved due to price, on-site volume, and lower maintenance costs [17] - Asia segment sales rose by 2%, with operating income up 7%, attributed to productivity improvements and reduced depreciation from certain gasification assets [17] - Europe saw increases in both sales and operating income due to volume and price improvements, although higher costs from depreciation and fixed cost inflation impacted margins [17] - The Middle East and India segment experienced improved operating income due to lower costs, while the corporate segment also saw improvements from lower costs [18] Market Data and Key Metrics Changes - The company noted resilience in key sectors such as refining, electronics, and aerospace, with new supply contracts announced with NASA for liquid hydrogen [7][8] - The company expects continued headwinds from helium, projecting a 4% decline in EPS effect for the year [25] Company Strategy and Development Direction - The company is focused on three key priorities for 2026: unlocking earnings growth, optimizing large projects, and maintaining capital discipline [7] - Capital expenditures are expected to be reduced by approximately $1 billion in fiscal 2026, with a commitment to disciplined capital allocation and returning cash to shareholders [9][18] - The company is in advanced negotiations with Yara International for low-emission ammonia projects in Saudi Arabia and the U.S., which aligns with its clean energy strategy [10][11] Management Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the macroeconomic environment, affirming full-year earnings guidance with an expected improvement of 7%-9% at the midpoint [7][19] - The company anticipates challenges from helium headwinds but remains focused on pricing actions and productivity improvements to drive results [20][64] Other Important Information - The company returned nearly $400 million to shareholders and increased its dividend for the 44th consecutive year [18] - The net debt to EBITDA ratio stands at 2.2 times, reflecting a strong balance sheet position [18] Q&A Session Summary Question: How should we think about the returns on the $2 billion of capital already invested in the project? - The 45Q credit is included in the return, and the overall return for the project will be disclosed later [22][23] Question: How much of the continuing business is still down regarding helium? - The company expects a 4% decline in EPS effect for the year, with strong volume from the aerospace segment in the Americas [25] Question: What was the benefit from moving gasification plants in China to for sale? - The impact was about 1% on overall results for the quarter, with ongoing negotiations for asset sales [26] Question: Is Air Products receiving full income from Gulf Coast Ammonia? - The plant is running at 80-90% capacity, and the company owns the hydrogen production and air separation assets [30][31] Question: What is the expected timing for the deconsolidation of NEOM? - The deconsolidation is expected to occur in mid-2027 when the joint venture becomes operational [73][74] Question: How is the company addressing the impact of CBAM on ammonia? - The company believes the impact of CBAM is indirect and is closely monitoring the situation [14][99] Question: What portion of customers are running below take-or-pay minimums? - Utilization across regions is in the mid- to high 70s, with some cases in Europe but not significantly impacting overall business [84][89]

Verizon (NYSE:VZ) Q4 2025 Earnings call January 30, 2026 08:00 AM ET Company ParticipantsBrady Connor - Head of Investor RelationsDan Schulman - CEOTony Skiadas - CFOConference Call ParticipantsBen Swinburne - AnalystJohn Hodulik - AnalystMichael Ng - AnalystMichael Rollins - AnalystOperatorGood morning, and welcome to Verizon's fourth quarter 2025 earnings conference call. At this time, all participants have been placed in a listen-only mode, and the call will be open for questions following the presentati ...