Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
Euronet Worldwide Q3 2025 Earnings Call - 19% EPS Growth Despite Immigration-Driven Revenue Softness
Euronet delivered a tidy quarter of profitability, reporting revenue of $1.1 billion, adjusted EBITDA of $245 million and adjusted EPS of $3.62, up 19% year over year. Management blamed softer-than-ex...
- Adjusted EPS $3.62, up 19% year over year; revenue $1.1 billion, operating income $195 million, adjusted EBITDA $245 million.
- Company reaffirmed 2025 adjusted EPS growth guidance of 12% to 16%, and expects Q4 EPS growth roughly similar to Q3.
- Management attributes revenue softness to macroeconomic caution and immigration policy changes that have reduced remittance flows, especially in key corridors.
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Iridium Communications Inc. Q3 2025 Earnings Call - Pivoting to PNT and NTN Direct while Bracing for Starlink D2D Competition
Iridium reported a solid quarter while flagging a strategic pivot to protect and grow margins as new handset-focused D2D entrants reshape the satellite landscape. Q3 operational EBITDA rose 10% to $13...
- Operational EBITDA rose 10% in Q3 to $136.6 million, driven by recurring services and engineering and support revenue.
- Service revenue grew 4% year over year to $138.3 million, with commercial IoT up 7% to $46.7 million and voice and data revenue up 4% to $59.9 million.
- Commercial broadband fell 17% year over year in Q3, skewed by a nonrenewal of a prior-year $1.4 million take-or-pay contract; management expects broadband declines to trend closer to 8% in Q4.
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Integer Holdings Corporation Q3 2025 Earnings Call - New-product adoption slows near-term sales, margins held firm
Integer closed a strong Q3 with $468 million of sales, 7% organic growth, and a 25% jump in adjusted EPS to $1.79, but management cut the 2025 midpoint sales outlook by $16 million after multiple cust...
- Q3 results strong: $468 million sales, reported +8%, organic +7%; adjusted operating income +14%; adjusted EPS $1.79, +25% year over year.
- Company reduced 2025 midpoint sales by $16 million after multiple customer forecast cuts tied to new product adoption.
- Three specific product headwinds for 2026: two electrophysiology products and one neuromodulation product, expected to create a 3% to 4% sales headwind next year.
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Hexcel Third Quarter 2025 Earnings Call - $600M Buyback, ASR Bets on Aerospace Rate Ramps
Hexcel reported a soft Q3 as commercial OEM destocking and tariffs trimmed margins, but management doubled down on a bullish medium-term view of aerospace production. Q3 sales were $456.2 million with...
- Q3 2025 results: sales $456.2 million, adjusted diluted EPS $0.37, gross margin 21.9% (down from 23.3% year over year).
- Commercial aerospace was $274.2 million in Q3, down 7.3% on a constant currency basis, driven primarily by destocking on the A350 and the 787.
- Defense, space, and other sales were $182 million in Q3, up 11.7% constant currency, with strength across fighters, rotorcraft, and space launch programs.
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Darling Ingredients Q3 2025 Earnings Call - Core ingredients strong, DGD hit by policy and accounting (LIFO, LCM)
Darling’s core ingredients business is carrying the quarter, with global rendering, feed and food margins rebounding and combined non-DGD adjusted EBITDA accelerating to $248 million. The renewables a...
- Combined adjusted EBITDA for Q3 2025 was $245 million, up from $237 million a year ago, driven almost entirely by the core ingredients business.
- Core ingredients (feed, food, other fuel excl DGD) delivered $248 million of adjusted EBITDA in the quarter, versus $198 million in Q3 2024.
- Diamond Green Diesel (DGD) produced a negative $3 million EBITDA for the quarter, a sharp swing from +$39 million in Q3 2024.
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Atlantic Union Bankshares Q3 2025 Earnings Call - Sandy Spring Integration Nears Run-Rate, Unlocking 2026 Earnings Power
Atlantic Union delivered a noisy but constructive quarter. Reported results were dragged by merger-related charges and a final CRE settlement, but adjusted operating metrics show a sharper bank: adjus...
- Sandy Spring integration completed core systems conversion on October 11, five overlapping branches closed, and management expects acquisition cost saves to be largely in run-rate by early 2026.
- Merger-related charges were material this quarter, with $34.8 million pretax in Q3; excluding those items adjusted operating EPS was $0.84 versus reported EPS $0.63.
- Adjusted operating profitability metrics were strong: adjusted ROTCE 20.1%, adjusted ROA 1.3%, and adjusted operating efficiency ratio 48.8% in Q3.
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AutoNation Q3 2025 Earnings Call - Aftersales and Finance Offset New-Vehicle Margin Pressure, Driving 25% Adjusted EPS Growth
AutoNation turned a tricky product mix and weak new-vehicle margins into a solid quarter. Revenue rose 7% to $7.0 billion, adjusted EPS gained 25% to $5.01, and adjusted net income climbed to $191 mil...
- Adjusted EPS rose 25% year over year to $5.01, helped by share repurchases and stronger operating results.
- Total revenue was $7.0 billion, up 7% year over year on both total-store and same-store bases.
- Adjusted net income increased to $191 million, an 18% rise from a year ago; adjusted free cash flow and operating cash conversion strengthened materially.
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Hasbro Q3 2025 Earnings Call - Magic: The Gathering Surge Lifts Guidance, Tariffs Bite Consumer Products
Hasbro posted a strong Q3, led by an outsized Magic: The Gathering performance that pushed Wizards revenue up 42% and prompted management to raise full year guidance. Company net revenue was $1.4 bill...
- Hasbro raised full year guidance after Q3 strength, now expecting high single digit revenue growth and adjusted operating margin of 22% to 23%, with adjusted EBITDA roughly $1.25 billion at the midpoint.
- Net revenue in Q3 was $1.4 billion, up 8% year over year; adjusted operating profit was $356 million, and adjusted EPS was $1.68, down 3% due to a higher tax rate and FX impacts.
- Wizards of the Coast was the growth engine, with segment revenue up 42% to $572 million and operating profit up 39% to $252 million, delivering a 44% operating margin.
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Bread Financial Q3 2025 Earnings Call - Credit Metrics Improve, Moody's Upgrade Enables $200M Buyback Increase and Dividend Hike
Bread Financial posted a tidy quarter, with adjusted net income of $191 million and adjusted EPS of $4.02, tangible book value per share up 19% year over year to $56.36, and a return on average tangib...
- Reported Q3 net income of $188 million, adjusted net income of $191 million and adjusted EPS of $4.02, excluding $3 million post-tax repurchased debt expense.
- Tangible book value per common share rose 19% year over year to $56.36; return on average tangible common equity was 28.6% for the quarter.
- Credit sales increased 5% year over year to $6.8 billion, even with the anniversary of the SACS portfolio addition; average loans were $17.6 billion, down 1% YoY.
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United Rentals 3Q 2025 Earnings Call - Demand-driven CapEx lift to $4B+, margins squeezed by delivery and ancillary mix
United Rentals reported a quarter of record revenue and adjusted EBITDA, driven by stronger-than-expected demand from large projects and specialty growth, prompting an accelerated fleet buy that lifts...
- Total revenue grew 5.9% year over year to $4.2 billion, a third quarter record.
- Rental revenue increased 5.8% to $3.67 billion, also a third quarter record.
- Adjusted EBITDA hit an all-time third quarter record of roughly $1.95 billion, with an adjusted EBITDA margin of 46.0% and adjusted EPS of $11.70.
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