AGNC Investment (NasdaqGS:AGNC) Q4 2025 Earnings call January 27, 2026 08:30 AM ET Speaker7Good morning, and welcome to the AGNC Investment Corp.'s Fourth Quarter 2025 shareholder call. 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 touch-tone phone. To withdraw your questi ...

Financial Data and Key Metrics Changes - For Q4 2025, American Airlines reported adjusted earnings per share of $0.16 and full-year adjusted earnings per share of $0.36, which were below guidance primarily due to a prolonged government shutdown impacting revenue by approximately $325 million [19][20] - System-wide revenue intakes for the first three weeks of 2026 are up double digits year-over-year, with premium revenue outperforming main cabin revenue throughout the quarter [20][21] - The company expects adjusted earnings per diluted share for 2026 to be approximately $1.70-$2.70, with first-quarter revenue projected to increase by 7%-10% year-over-year [27][28] Business Line Data and Key Metrics Changes - Premium unit revenue outpaced main cabin by seven points in Q4 2025, indicating strong demand for premium products [20][21] - Managed corporate revenue increased by 12% year-over-year, reflecting strength in indirect channels [20] - The company anticipates continued improvement in premium unit revenue in 2026, with a focus on expanding premium offerings across the customer journey [23][24] Market Data and Key Metrics Changes - Atlantic unit revenue was up 4% year-over-year, making it the most profitable region during Q4 2025, while Latin America faced revenue pressure [21][22] - Domestic unit revenue had inflected positive in September and remained positive before the government shutdown, indicating a strong recovery trajectory [20][21] - The company expects mixed performance in international unit revenue for Q1 2026, with strong transatlantic performance and flat unit revenue in Latin America and Pacific entities [23] Company Strategy and Development Direction - The company’s strategy focuses on delivering a consistent customer experience, maximizing network and fleet power, building loyalty partnerships, and advancing sales and revenue management efforts [9][18] - American Airlines plans to expand its international fleet and premium seating, with a goal to increase its international capable fleet from 139 to 200 aircraft by the end of the decade [14][24] - The company is committed to reducing total debt to below $35 billion by the end of 2026, having already reduced total debt by $2.1 billion in 2025 [28][29] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges faced in 2025, including significant operational disruptions due to Winter Storm Fern, but emphasized the strength of the balance sheet and the foundation built for future growth [6][19] - The company is optimistic about the opportunities in 2026, citing strong booking trends and a record Net Promoter Score for on-time customers [9][20] - Management expressed confidence in the ability to deliver efficient capacity and improve customer satisfaction through operational changes and investments in technology [26][50] Other Important Information - The company has fully restored its historical sales and distribution indirect share and is focused on further growth in 2026 and beyond [7][18] - American Airlines is investing in enhancing customer experience through new products and services, including the introduction of complimentary high-speed satellite Wi-Fi [11][12] - The company is also making significant investments in its lounges and onboard experience to differentiate itself in the market [10][11] Q&A Session Summary Question: Discussion on hub structure and profitability - Management confirmed that Chicago is strategically important and plans to grow back to 500 flights, expecting it to return to average profitability levels [32][42] Question: Cost trajectory in 2026 - Management indicated that unit cost growth is expected to be low single-digit, with adjustments based on demand and competitive environment [34] Question: Premium growth rate and revenue outlook - Premium performance in Q4 2025 was strong, and management expects continued growth in premium seats and revenue in 2026 [36] Question: Full-year guidance and booking strength - Management acknowledged strong bookings but did not build this strength into the full-year guidance, indicating potential conservatism [40][64] Question: Impact of Winter Storm Fern on revenue - Management assessed that the revenue impact from the storm would likely be largely foregone, with limited recapture expected [46] Question: Operations and capacity growth - Management confirmed plans for significant capacity growth in 2026, particularly in Philadelphia, Miami, and Phoenix, while maintaining a focus on operational reliability [54][62]

General Motors Company (NYSE:GM) Q4 2025 Earnings call January 27, 2026 08:30 AM ET Speaker2Good morning and welcome to the General Motors Company fourth quarter and full year 2025 conference call. During the opening remarks, all participants will be in a listen-only mode. After the opening remarks, we will conduct a question-and-answer session. We are asking analysts to limit their questions to one and a brief follow-up. To ask a question, press star then one on your telephone keypad to join the queue. To ...

UPS (NYSE:UPS) Q4 2025 Earnings call January 27, 2026 08:30 AM ET Speaker13Good morning. My name is Matthew, and I'll be your facilitator today. I would like to welcome everyone to the UPS Fourth Quarter 2025 Earnings Conference Call. All lines have been placed on mute to prevent any background noise, and after the speaker's remarks, there'll be a question-and-answer period. Any analyst that would like to ask a question, now is the time to press star, then one on your telephone keypad. It is now my pleasure ...

RTX (NYSE:RTX) Q4 2025 Earnings call January 27, 2026 08:30 AM ET Speaker1Good day, ladies and gentlemen, and welcome to the RTX Fourth Quarter 2025 earnings conference call. My name is Livia and I'll be your operator for today. As a reminder, this conference is being recorded for replay purposes. On the call today are Chris Calio, Chairman and Chief Executive Officer; Neil Mitchill, Chief Financial Officer; and Nathan Ware, Vice President of Investor Relations. This call is being webcast live on the Intern ...

Roper Technologies (NasdaqGS:ROP) Q4 2025 Earnings call January 27, 2026 08:00 AM ET Company ParticipantsBrad Reback - Managing DirectorBrent Thill - JefferiesDean Dray - Managing DirectorJason Conley - EVP and CFOJoseph Giordano - Managing DirectorJoshua Tilton - DirectorNeil Hunn - President and CEOTerry Tillman - Managing DirectorZack Moxcey - VP and Head of Investor RelationsConference Call ParticipantsClarke Jeffries - VP and Senior Research AnalystDylan Baker - AnalystGeorge Kurosawa - Equity Research ...

Kimberly-Clark (NYSE:KMB) Q4 2025 Earnings call January 27, 2026 08:00 AM ET Company ParticipantsChris Carey - Head of Consumer Staples ResearchChris Jakubik - Head of Investor RelationsMike Hsu - Chairman and CEONelson Urdaneta - CFONik Modi - Managing DirectorRuss Torres - President and COOConference Call ParticipantsBonnie Herzog - Managing Director and Senior Equity Research AnalystBrent Hickman - Senior Customer Logistics AnalystEdward Lewis - Senior AnalystLauren Lieberman - Managing Director and Equi ...

Financial Data and Key Metrics Changes - For the full year, the company grew revenue by 23%, with cash flow from operations increasing by nearly 24% [6][10] - In Q4, total revenues reached $1.6 billion, a growth of 35.7%, while organic revenue decreased by 2.8% [9][10] - Adjusted EBITDAC margin remained flat at 32.9%, and adjusted earnings per share grew over 8% to $0.93 [9][19] Business Line Data and Key Metrics Changes - The Retail segment grew total revenues by 44.4%, primarily driven by acquisition activity, but EBITDAC margin decreased by 120 basis points to 26.6% [21] - Specialty Distribution segment saw total revenues grow by 27%, with EBITDAC margin decreasing by 60 basis points to 41.3% due to lower flood claims processing revenue [22][23] - Organic growth for Retail was 2.8% for the full year, while Specialty Distribution experienced a decline of 7.8% in Q4 [15][16] Market Data and Key Metrics Changes - Casualty and cat property rates showed moderation, with casualty rates increasing by 3-6% for primary layers [11][12] - Rates in the admitted P&C market moderated slightly, remaining flat to up 5%, while workers' compensation rates were flat to down 3% [12] - The E&S property market saw rate changes similar to the previous quarter, generally down 15-30% [13] Company Strategy and Development Direction - The company emphasizes competition and integrity, focusing on customer outcomes and defending its rights against competitors [7][8] - Integration efforts from the Accession acquisition are progressing well, with expected EBITDA synergies of approximately $30 million-$40 million in 2026 [26][27] - The long-term margin target range has been increased to 32%-37%, reflecting a focus on balanced, profitable growth [31] Management's Comments on Operating Environment and Future Outlook - The management believes economic growth will remain stable, with a cautiously optimistic outlook from customers [10][32] - The company anticipates continued competition in pricing, particularly in casualty lines, while expecting some moderation in admitted property rates [32][33] - The management is confident in the company's ability to deliver solid results and drive shareholder value, aiming for $8 billion in revenue and beyond [35] Other Important Information - The company generated $1.45 billion in cash flow from operations, growing 23.5% over the prior year [25] - The effective tax rate for the quarter was 21%, a decrease from the previous year's rate of 24.9% [19][20] - The company paid $100 million on its revolving credit facility and bought back $100 million of shares [25] Q&A Session Summary Question: Impact of former teammates leaving for a competitor - Management stated that the compensation structure remains unchanged and that the departure of 275 individuals, mostly in non-production roles, is being addressed legally [40][72] Question: Shift of business from E&S to standard - Management noted that there is a cyclical movement of accounts between E&S and standard markets, particularly in smaller accounts [45][46] Question: Deceleration in casualty pricing increases - Management indicated that the moderation in casualty pricing is a normal market trend and not indicative of a structural change [54][56] Question: Contingent commissions and accident years - Contingent commissions are generally calculated over a 12-month horizon, with some rolling adjustments [68] Question: Future impact of lost revenues from departed employees - Management clarified that the $23 million in lost revenue is currently the assessed impact, but future retention could be affected [78][79]

Synchrony Financial (NYSE:SYF) Q4 2025 Earnings call January 27, 2026 08:00 AM ET Company ParticipantsBrian Doubles - CEOBrian Wenzel - CFOKathryn Miller - SVP of Investor RelationsConference Call ParticipantsErika Najarian - AnalystMihir Bhatia - AnalystMoshe Orenbuch - AnalystRyan Nash - AnalystSanjay Sakrani - AnalystOperatorGood morning, and welcome to the Synchrony Financial fourth quarter 2025 earnings conference call. Please refer to the company's investor relations website for access to their earnin ...

Synchrony Financial (NYSE:SYF) Q4 2025 Earnings call January 27, 2026 08:00 AM ET Company ParticipantsBrian Doubles - CEOBrian Wenzel - CFOKathryn Miller - SVP of Investor RelationsConference Call ParticipantsErika Najarian - AnalystMihir Bhatia - AnalystMoshe Orenbuch - AnalystRyan Nash - AnalystSanjay Sakrani - AnalystOperatorGood morning, and welcome to the Synchrony Financial fourth quarter 2025 earnings conference call. Please refer to the company's investor relations website for access to their earnin ...