Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
AbbVie Q3 2025 Earnings Call - Robust Growth Platform Drives Multiple Guidance Raises and Pipeline Confidence
AbbVie posted another strong quarter in Q3 2025, beating revenue and earnings expectations and raising its full-year guidance for the third time this year. The company’s growth is powered by its immun...
- AbbVie beat Q3 revenue ($15.8B) and adjusted EPS ($1.86), raising full-year 2025 guidance for the third time.
- Immunology sales led by SKYRIZI (+46%) and RINVOQ (+34%) grew over 40% combined, with strong momentum in IBD including Crohn’s disease and ulcerative colitis.
- Neuroscience sales rose 19.6%, boosted by migraine portfolio (Ubrelvy, Qulipta, BOTOX Therapeutic), Vraylar, and Parkinson’s treatments Violev and tevapadon.
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Apollo Commercial Real Estate Finance Inc. Q3 2025 Earnings Call - Strong Origination Activity and Focus Asset Monetization Drive Outlook
Apollo Commercial Real Estate Finance reported robust Q3 2025 results highlighted by $1 billion in new loan originations and continued capital deployment across the US and Europe. The company’s loan p...
- Apollo closed $1 billion in new loan originations during Q3, bringing year-to-date originations to $3 billion.
- The loan portfolio's carrying value reached $8.3 billion with a weighted average unleveraged yield of 7.7%.
- Focus assets, notably 111 West 57th Street and The Brooke, have ongoing sales momentum with expected exits primarily in 2026.
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Oil States International Q3 2025 Earnings Call - Strategic Shift to Offshore and International Markets Propels Strong Backlog and Cash Flow
Oil States International reported Q3 2025 results amid a challenging macro environment marked by lower crude prices and shifting U.S. trade policies. The firm notably delivered solid performance drive...
- Oil States International reported Q3 2025 revenues of $165 million and adjusted EBITDA of $21 million, meeting guidance amid lower crude oil prices and volatile U.S. trade policies.
- 75% of consolidated revenues now derive from offshore and international projects, up from prior quarters, reflecting a strategic focus on longer cycle, higher margin work.
- Offshore manufactured products segment revenues rose 2% sequentially with a 6% adjusted EBITDA increase, driving backlog to $399 million, the highest since June 2015.
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ExxonMobil Q3 2025 Earnings Call - Delivering Record Production and Advancing Proprietary Technologies Amid Disciplined Capital Deployment
ExxonMobil reported record production in the third quarter of 2025, setting new highs in Guyana at over 700,000 barrels per day and the Permian Basin nearing 1.7 million oil-equivalent barrels per day...
- ExxonMobil achieved record Q3 production in Guyana (700,000+ barrels/day) and the Permian Basin (~1.7 million barrels/day), driven by early Yellowtail FPSO startup and technology deployment.
- Yellowtail FPSO was delivered 4 months early, with a 70% higher facility weight yet maintained GHG performance improvements.
- The company sanctioned the Hammerhead project, expected to start production in 2029, building on Guyana's momentum with significant local employment and supplier integration.
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Erie Indemnity Company Q3 2025 Earnings Call - Steady Progress on Profitability Amid Weather Challenges
Erie Indemnity Company's third quarter 2025 results mark cautious optimism as the insurer navigates a tough period dominated by severe weather and inflationary pressures. The recent downgrade by AM Be...
- AM Best downgraded Erie Insurance's financial strength rating from A-plus superior to A-excellent citing underwriting losses and claim severity, though Erie’s surplus remains robust at $9.6 billion.
- Severe weather events in 2023 and 2024 were nearly double historical averages, causing elevated underwriting losses, including a record $370 million hailstorm loss in 2025.
- Claim severity on auto and homeowners policies has increased faster than rate increases, despite Erie’s steady and measured rate hikes to maintain competitiveness.
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OFS Capital Corporation Q3 2025 Earnings Call - Debt Refinancing and Distribution Cut Amid Portfolio Stability
OFS Capital reported a mixed third quarter with net investment income slipping to $0.22 per share, down from $0.25 last quarter, pressured by higher financing costs tied to proactive refinancing effor...
- Net investment income decreased to $0.22 per share from $0.25 due to higher interest expenses from refinancing.
- Net asset value per share declined to $10.17 from $10.91, driven by markdowns on equity investments and CLO equity depreciation.
- Fansteel Holdings equity position marked down despite improved company fundamentals, reflecting challenging exit environment.
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Brookfield Infrastructure Partners Q2 2025 Earnings Call - Robust Growth Amid Capital Recycling and Strategic Midstream Expansion
Brookfield Infrastructure Partners reported solid Q2 2025 results, driven by 5% growth in funds from operations (FFO), or 9% excluding foreign exchange impacts, showcasing robust organic growth and su...
- Brookfield Infrastructure delivered 5% FFO growth in Q2 2025, or 9% excluding FX effects, highlighting strong organic and acquisition-driven growth.
- Utilities segment posted stable results aided by inflation indexing and $450 million rate base additions, despite divesting Mexican gas transmission asset.
- Transportation segment saw slight FFO increase, supported by strong rail, port, toll road volumes and high intermodal logistics utilization.
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American Water Works Company Q2 2025 Earnings Call - Solid EPS Growth and Expanding Footprint via Strategic Acquisitions
American Water Works Company reported solid second-quarter 2025 earnings of $1.48 per share, up from $1.42 a year ago, driving a narrowed full-year EPS guidance range to $5.70-$5.75. The company’s div...
- Q2 2025 diluted EPS rose to $1.48 versus $1.42 in Q2 2024, showing steady earnings growth.
- First half 2025 EPS increased to $2.53 compared to $2.37 last year.
- Full-year 2025 EPS guidance narrowed upward to $5.70–$5.75, reflecting business strength and regulatory momentum.
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OneMain Financial Q3 2025 Earnings Call - Strong Capital Generation and Conservative Credit Management Drive Growth
OneMain Financial delivered robust Q3 2025 results highlighted by a 29% year-over-year increase in capital generation to $272 million and a 51% jump in adjusted earnings per share to $1.90. The compan...
- OneMain generated $272 million in capital during Q3 2025, a 29% increase from the prior year, driven by revenue growth and credit improvement.
- Adjusted earnings per share rose 51% year-over-year to $1.90, reflecting strong operational performance.
- Total revenue increased 9% year-over-year to $1.6 billion, supported by receivables growth and improved yields.
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Lear Corporation Q3 2025 Earnings Call - Navigating Jaguar Land Rover Disruption Amid Strong Operational Momentum
Lear Corporation reported third quarter 2025 revenue of $5.7 billion, up 2% year-over-year, with core operating earnings of $241 million and an operating margin of 4.2%. The quarter's performance was ...
- Lear reported Q3 2025 revenue of $5.7 billion, a 2% increase over Q3 2024, despite a major production disruption at Jaguar Land Rover (JLR) impacting the entire month of September.
- The JLR cybersecurity disruption cut third quarter operating earnings by $31 million and revenue by $111 million; excluding this, Lear's earnings and margins would have increased year-over-year.
- Operating cash flow was a robust $444 million, the second highest third quarter in company history, enabling accelerated share repurchases totaling $100 million in the quarter.
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