Taylor Morrison Home (NYSE:TMHC) Q3 2025 Earnings Call October 22, 2025 08:30 AM ET Speaker1Ladies and gentlemen, the Taylor Morrison Q3 2025 earnings webcast and conference call will begin shortly with your host Mackenzie Aaron. We appreciate your patience as we prepare your session today. During the call, we encourage participants to raise any questions they may have. You can raise a question by pressing star followed by one on your telephone keypad to queue up online. To remove yourself from the queue, p ...

Financial Data and Key Metrics Changes - Revenue for Q3 2025 was reported at $464.3 million, an 8.5% increase year-over-year [8] - Net income was reported at $43 million, with diluted earnings per share at $0.59, which includes a $0.39 benefit primarily related to the ERC [10] - Cash flow from operations was reported at $71.3 million, adjusted to $87.1 million after accounting for a decrease in payroll accrual [10] Business Line Data and Key Metrics Changes - Environmental Services segment revenue was reported at $211.8 million, while Dietary Services segment revenue was $252.5 million [8] - Cost of services was reported at $367.9 million, representing 79.2% of revenue, which includes a benefit of $34.2 million related to the ERC [8][9] - Segment margins for Environmental and Dietary Services were reported at 10.7% and 11.5%, respectively [9] Market Data and Key Metrics Changes - The company noted steady occupancy rates and increasing workforce availability in the long-term and post-acute care market [5] - The healthcare sector continues to lead in hiring, with expectations that the skilled nursing industry will return to pre-pandemic job levels by 2026 [27] Company Strategy and Development Direction - The company's top three strategic priorities include driving growth through management development, converting sales pipeline opportunities, and optimizing cash flow [6] - The company is focusing on organic growth, strategic acquisitions, and opportunistic share repurchases, with a $50 million share repurchase plan valid through June 2026 [13][14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding the administration's focus on the healthcare sector and the potential for policy changes that align with operational realities [5] - The company is well-positioned to capitalize on long-term demographic trends and deliver shareholder value [42] Other Important Information - The company reported a strong balance sheet with cash and marketable securities of $207.5 million [11] - The company has incurred $2.1 million in incremental expenses related to ERC professional fees [12] Q&A Session Summary Question: Pipeline of new client wins and future growth - Management indicated that Q3 was marked by the highest growth rate since 2018, driven by new business wins and high client retention rates [16][17] Question: Update on education segment and acquisitions - The company is focusing on a broader "campus" initiative for potential acquisitions, with education as a top target [19][22] Question: Labor market conditions - The labor market remains strong, with expectations for the skilled nursing sector to return to pre-pandemic hiring levels by 2026 [25][27] Question: Outsourcing trends in environmental and dietary services - The company noted an increasing acceptance of outsourcing, with significant growth opportunities in both environmental and dietary services [34][36] Question: Update on Genesis Healthcare - The company continues to provide services to Genesis facilities without disruption, despite ongoing bankruptcy proceedings [38]

Waste Connections (NYSE:WCN) Q3 2025 Earnings Call October 22, 2025 08:30 AM ET Speaker2Ladies and gentlemen, this is the conference operator. Thank you for joining this morning's Waste Connections conference call. The call will begin momentarily. Once again, we do thank you for joining. Please stay on the line and the call will begin momentarily.SA.Good morning everyone and welcome to the Waste Connections Inc. Q3 2025 earnings call. All participants will be in a listen only mode. Should you need assistanc ...

Taylor Morrison Home (NYSE:TMHC) Q3 2025 Earnings Call October 22, 2025 08:30 AM ET Speaker0Ladies and gentlemen, the Taylor Morrison Q3 twenty twenty five Earnings Webcast and Conference Call will begin shortly with your host, Mackenzie Aron. We appreciate your patience as we prepare your session today. During the call, we encourage participants to raise any questions they may have. Good morning, and welcome to Taylor Morrison's Third Quarter twenty twenty five Earnings Conference Call. Currently, all part ...

Wabtec (NYSE:WAB) Q3 2025 Earnings Call October 22, 2025 08:30 AM ET Speaker0Day, and welcome to the Wabtec Third Quarter twenty twenty five Earnings Conference Call. All participants will be in a listen only mode. Please note today's event is being recorded. I would now like to turn the conference over to Ms. Kaya Yates, Vice President of Investor Relations.Please go ahead.Speaker1Thank you, operator. Good morning, everyone, and welcome to Wabtec's third quarter twenty twenty five earnings call. With us to ...

PROG (NYSE:PRG) Q3 2025 Earnings Call October 22, 2025 08:30 AM ET Speaker0Thank you for standing by. Welcome to the PROG Holdings third quarter earnings conference call. At this time, all participants are on a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw a question, please press star 11 a ...

CME Group (NasdaqGS:CME) Q3 2025 Earnings Call October 22, 2025 08:30 AM ET Speaker2Welcome to the CME Group third quarter 2025 earnings call. At this time, I would like to inform all participants that your lines have been placed on a listen-only mode until the question and answer session of today's conference. I would now like to turn the call over to Adam Minick. Please go ahead.Speaker0Good morning, and I hope you're all doing well today. We released our executive commentary earlier this morning, which p ...

Financial Data and Key Metrics Changes - Total revenues grew by 1.6% year over year, while adjusted EBITDA increased by 2.4%, leading to a 30 basis point expansion in adjusted EBITDA margins [10] - Adjusted EPS remained consistent at $0.54, excluding certain gains and costs [10] - Free cash flow for the third quarter was $4.9 billion, up from $4.6 billion a year ago [10] - Capital investment decreased by $200 million year over year to $5.3 billion [10] - Net debt to adjusted EBITDA ratio improved slightly to 2.59 times from 2.64 times in the previous quarter [19] Business Line Data and Key Metrics Changes - Mobility service revenue grew by 2.3% year over year, contributing to a 2.2% increase in EBITDA [11] - The company added 405,000 postpaid phone net adds, slightly up from the previous year [12] - Consumer wireline revenues increased by 4.1%, driven by a 16.8% growth in fiber revenue [16] - Consumer wireline EBITDA grew over 15%, with margins expanding by 350 basis points year over year [16] - AT&T Fiber customer base reached over 10 million, with 288,000 new Fiber customers added in the third quarter [17] Market Data and Key Metrics Changes - The convergence rate of fiber customers who also subscribe to mobility services reached 41.5%, up 180 basis points from a year ago [17] - Business wireline revenues declined by 7.8% year over year, while EBITDA decreased by about 13% [18] - Fiber and advanced connectivity service revenues grew by 6% year over year, accelerating from 3.5% growth in the second quarter [18] Company Strategy and Development Direction - The company aims to become the best advanced communications provider in America and lead in retail connectivity service revenue by the end of the decade [6] - Planned acquisitions of spectrum licenses from EchoStar and fiber assets from Lumen are expected to enhance the connectivity portfolio [6][8] - The company is transitioning away from legacy copper infrastructure to invest in AI-ready connectivity [8] - The focus is on organic growth and improving operational efficiency without the need for further acquisitions [64] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year guidance, with service revenue growth expected in the low single-digit range and adjusted EBITDA growth of 3% or better [20][21] - The competitive environment remains challenging, but the company is well-positioned to manage through it by focusing on converged customer relationships [56] - Management anticipates continued pressure on ARPU due to targeting underpenetrated segments, but overall service revenue growth is expected to remain strong [58] Other Important Information - The company returned $3.5 billion to shareholders, including nearly $1.5 billion in stock repurchases [19] - The company expects to achieve full-year free cash flow in the low to mid-$16 billion range, with capital investments projected at $22 to $22.5 billion [22] Q&A Session Summary Question: Concerns about fiber expansion and competition - Management reassured that they have a strong build strategy and are confident in their ability to penetrate markets effectively, despite competition [28][29][31] Question: Fixed Wireless Access (FWA) market segmentation - Management highlighted a targeted marketing approach to ensure efficient segmentation between fiber and fixed wireless offerings [42][44] Question: Future promotional activity and ARPU pressure - Management indicated that they are well-positioned for competitive markets and expect to manage ARPU pressure through a focus on converged services [56][58] Question: Confidence in Lumen and EchoStar acquisitions - Management expressed confidence in the accretion from these acquisitions, noting that they are on track with their conservative modeling [70][73]

Thermo Fisher Scientific (NYSE:TMO) Q3 2025 Earnings Call October 22, 2025 08:30 AM ET Speaker0Good morning, ladies and gentlemen, and welcome to the Thermo Fisher Scientific twenty twenty five Third Quarter Conference Call. My name is Claire, and I will be coordinating your call today. I would like to introduce our moderator for the call, Mr. Rafael Tejada, Vice President, Investor Relations. Mr.Tejada, you may begin the call.Speaker1Good morning, and thank you for joining us. On the call with me today is ...

Weatherford International (NasdaqGS:WFRD) Q3 2025 Earnings Call October 22, 2025 08:30 AM ET Speaker1Gentlemen, thank you for standing by. Welcome to the Weatherford International Third Quarter 2025 results. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad, a ...