Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
Valley National Bancorp Fourth Quarter 2025 Earnings Call - Core Deposit Surge Fuels 15-20bp NIM Expansion
Valley closed 2025 with record fourth quarter earnings, driven by a material improvement in funding mix and accelerating loan pipelines. Q4 net income was about $195 million ($180 million adjusted), a...
- Q4 2025 net income of ~$195 million, adjusted net income ~$180 million, EPS $0.33 reported and $0.31 adjusted.
- Adjusted return on average assets 1.14% in Q4, highest since Q4 2022; full-year 2025 net income ~$598 million (~$585 million adjusted).
- Core deposit growth of nearly $4 billion year over year, about 9% growth, with ~ $1.5 billion of core deposit inflows in Q4; noninterest deposits grew over 15% (late-quarter spike likely to moderate).
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Caterpillar Q4 2025 Earnings Call - Record Sales and Backlog Led by Power and Energy, But Tariffs and Capacity Buildout Cloud Margins
Caterpillar closed its centennial year with an all-time high $67.6 billion in sales and revenues and a blistering fourth quarter of $19.1 billion driven by power and energy. Backlog exploded to $51 bi...
- Record full-year sales and revenues of $67.6 billion in 2025, the highest in company history.
- Fourth quarter sales and revenues hit an all-time quarterly record of $19.1 billion, +18% year-over-year, driven by stronger-than-expected volume in power and energy.
- Backlog surged to a record $51 billion, up $21 billion or 71% year-over-year, with roughly 62% of backlog expected to deliver in the next 12 months.
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Ameriprise Financial Q4 2025 Earnings Call - Record $1.7T AUM, double-digit EPS growth and 53.2% ROE
Ameriprise closed 2025 with momentum, posting record assets under management, administration, and advisement of $1.7 trillion, double-digit revenue and EPS growth, and an all-time high return on equit...
- Ameriprise reported record assets under management, administration, and advisement of $1.7 trillion at year-end, up 11% year-over-year.
- Adjusted operating revenue was $4.9 billion, up 10% year-over-year, and adjusted operating EPS rose 16% to $10.83.
- Return on equity reached a company record of 53.2%, and firm-wide operating margin was about 27%.
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Calix Q4 2025 Earnings Call - Third-gen platform and Agent Workforce push company into a sustained growth phase
Calix closed 2025 with record results and a bullish narrative: Q4 revenue of $272 million (32% year over year), over $1 billion in full-year revenue (20% growth), an all-time high non-GAAP gross margi...
- Record Q4 revenue of $272 million, up 32% year over year, capping a >$1 billion 2025 year at 20% growth versus 2024.
- Non-GAAP gross margin hit a record 58%, the eighth consecutive quarter of margin improvement, driven by platform adoption and appliance economics.
- Remaining performance obligation (RPO) reached a record $385 million, with current RPO at $152 million, signaling strong revenue visibility.
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United Rentals Q4 2025 Earnings Call - Record revenue and EBITDA, but 2026 comes with margin headwinds from repositioning and ancillary services
United Rentals closed 2025 with record revenue, rental revenue, and adjusted EBITDA, generating strong free cash flow and returning roughly $2.4 billion to shareholders. Management is confident in a 2...
- Q4 total revenue $4.2 billion, up 2.8% year-over-year; rental revenue $3.58 billion, up 4.6% y/y, both Q4 records.
- Adjusted EBITDA for Q4 was $1.901 billion, with an adjusted EBITDA margin of 45.2%, implying about 120 basis points of margin compression year-over-year.
- Adjusted EPS for Q4 was $11.09.
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Allegro MicroSystems Q3 FY2026 Earnings Call - Strong momentum in automotive and data center, record data center contribution and multiple high-value design wins
Allegro reported a beat in Q3 FY2026, with sales of $229 million and non-GAAP EPS of $0.15, driven by content gains in automotive and a record quarter for data center. Management flagged multi-quarter...
- Q3 sales $229 million, non-GAAP EPS $0.15, both above guidance; sales up 7% sequentially and 29% year-over-year.
- Bookings and backlog reached multi-quarter highs, management cites strong momentum across automotive, xEV, ADAS, and data center.
- Automotive sales increased 6% sequentially and 28% year-over-year, with e-mobility up 46% year-over-year driving the auto strength.
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Univest Financial Corporation Q4 2025 Earnings Call - Record EPS, loan rebound and buybacks planned
Univest closed 2025 on a solid note, reporting Q4 net income of $22.7 million, or $0.79 per share, and a record full-year EPS of $3.13. After a year of elevated prepayments that crimped growth, loans ...
- Q4 net income $22.7 million, EPS $0.79, and record full-year EPS of $3.13 for 2025.
- Loans grew $129.3 million in Q4 (7.6% annualized); full-year 2025 loan growth was $88.2 million or 1.3%.
- Early-2025 elevated payoffs and paydowns eased in Q4, enabling the loan rebound.
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Eagle Materials Q3 FY2026 Earnings Call - Heavy Materials Hold Up as $750M Notes Fund Plant Modernizations
Eagle Materials reported steady results in a mixed construction backdrop, with Q3 revenue of $556 million, EPS of $3.22, and a 28.9% gross margin. The heavy materials business, led by cement and aggre...
- Q3 FY2026 revenue was $556 million, with EPS of $3.22 and a gross profit margin of 28.9%.
- Heavy materials revenue rose 11%, driven by a 9% increase in cement sales volume and a 22% jump in concrete and aggregates revenue.
- Aggregate sales volume climbed 81% to a record 1.6 million tons, reflecting a 34% organic increase plus the contribution from a recent aggregates acquisition.
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Silicom Q4 2025 Earnings Call - Design-win Momentum and Fortress Balance Sheet Position Company for Double-Digit Growth and AI/PQC Upside
Silicom closed Q4 2025 with a clear, tangible beat: revenue of $16.9 million, up 17% year-over-year and above prior guidance. Management points to eight major design wins in 2025, a broadened pipeline...
- Q4 2025 revenue $16.9 million, up 17% year-over-year, beating guidance ($15–$16M).
- Management expects Q1 2026 revenue $16.5–$17.5 million, ~18% YoY growth at the midpoint, and targets double-digit annual growth for 2026.
- Silicom secured eight major design wins in 2025 across edge systems, SmartNIC, and FPGA solutions, and is targeting 7–9 design wins in 2026.
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Plexus Q1 FY2026 Earnings Call - Record A&D Wins and Revenue Momentum Put Full-Year Growth at or Above 12%
Plexus opened fiscal 2026 with a bang. Q1 revenue of $1.07 billion matched guidance midpoint and rose 10% year over year, while non-GAAP EPS of $1.78 hit the high end of guidance. Management pointed t...
- Q1 revenue $1.07 billion, met guidance midpoint and rose 10% year over year, marking the fourth consecutive quarter of sequential growth.
- Non-GAAP EPS $1.78, at the high end of guidance, supported by a non-GAAP operating margin of 5.8% and gross margin of 9.9% in Q1.
- Management now sees potential to meet or exceed the high end of its 9% to 12% fiscal 2026 revenue growth target, driven by program ramps, share gains, and improving end markets.
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