Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
CBRE Group Q3 2025 Earnings Call - Data center and transactional strength lift guidance
CBRE reported a strong Q3, driven by broad transactional strength and a surge in data center activity that together pushed core EPS guidance higher. Management raised full-year core EPS to $6.25 to $6...
- CBRE raised full-year core EPS guidance to $6.25 to $6.35, up from $6.10 to $6.20, citing outperformance and a strong Q4 pipeline.
- Q3 core EPS grew 34% year over year, core EBITDA grew 19% for the quarter.
- Data center revenue totaled nearly $700 million in Q3, up about 40% versus Q3 2023, and accounted for roughly 10% of EBITDA in the quarter.
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Veris Residential Q3 2025 Earnings Call - Asset Sales Drive Faster Deleveraging and Raised Core FFO Guidance
Veris reported a solid operating quarter, with blended net rental growth of 3.9% and Core FFO per share of $0.20, and raised full-year Core FFO guidance to $0.67 to $0.68, or roughly 12.5% above 2024....
- Blended net rental growth of 3.9% in Q3, driven by 3.6% in new leases and 4.3% in renewals, outpacing national trends.
- Core FFO per share was $0.20 for the quarter, up $0.03 from Q2, and year-to-date Core FFO is $0.52 versus $0.49 last year.
- Full-year Core FFO guidance raised to $0.67 to $0.68, implying roughly 12% to 13% growth versus 2024, lifted by one-time tax appeal benefits.
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West Pharmaceutical Services Q3 2025 Earnings Call - HVP components momentum, led by GLP-1s and Annex 1, lifts guidance
West reported a beat in Q3 with $805 million in revenue, organic growth of 5%, adjusted operating margin of 21.1%, and adjusted EPS of $1.96, prompting management to raise full-year guidance. The quar...
- Q3 revenue was $805 million, organic growth 5.0%, adjusted EPS $1.96, up 6% year over year, and management raised full-year guidance.
- Proprietary HVP components were the standout, $390 million in Q3, up 13.3% organically, and represent roughly 48% of company sales.
- GLP-1 elastomers are a growing engine, now about 9% of total company sales, contributing materially to HVP components growth.
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Dow Q3 2025 Earnings Call - Strategic actions boost cash, cut costs and guide Q4 EBITDA ~$725M
Dow delivered sequential earnings and cash improvement in Q3 despite a prolonged industry downcycle. Net sales were $10.0 billion, adjusted EBITDA $868 million, and operating cash rose to $1.1 billion...
- Q3 net sales $10.0 billion, adjusted EBITDA $868 million, sequential earnings and cash improvement versus Q2 but lower year over year.
- Operating cash from operations was $1.1 billion in Q3, up $1.6 billion sequentially, driven by working capital releases and advanced payments under long-term supply agreements.
- Management has executed or begun more than $6.5 billion of strategic actions and cash support items year to date, including portfolio moves, asset partnerships, and cost programs.
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T-Mobile US Inc. Q3 2025 Earnings Call - Widening Network and Digital Differentiation fuels record postpaid growth and raised guidance
T-Mobile reported a blowout Q3 marked by record postpaid account growth, over 1 million postpaid phone net adds, and outsized revenue and cash conversion. Management says widening network leadership p...
- T‑Mobile delivered an exceptionally strong Q3: best ever postpaid account growth, best ever total postpaid net additions, and over 1 million postpaid phone net additions, its best Q3 in over a decade.
- Management raised full-year customer guidance: total postpaid net additions now expected at 7.2 to 7.4 million, and postpaid phone net additions at ~3.3 million.
- Postpaid ARPA growth is accelerating, now guided to at least 3.5% for the full year including dilutive M&A impacts; ex-M&A ARPA growth is expected around 4%.
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Core Laboratories Inc. Q3 2025 Earnings Call - Sequential margin recovery as international services offset U.S. onshore weakness
CoreLab delivered a quietly constructive quarter. Revenue was essentially flat year over year at $134.5 million, but the story is sequential: revenue, operating income, and EPS all improved as interna...
- Total revenue $134.5 million in Q3 2025, up 3% sequentially and flat year over year.
- Service revenue, more international, was $101.1 million, up 5% sequentially and up over 2% year over year.
- Product sales were $33.4 million, down slightly sequentially and down about 6% year over year, reflecting weaker U.S. onshore completion activity.
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Dime Community Bancshares Q3 2025 Earnings Call - NIM tops 3% with a clear path to further expansion via deposit cuts and backbook repricing
Dime reported a quarter of accelerating core earnings and margin improvement, with pre-tax, pre-provision income rising to $54.4 million and NIM crossing the 3.00% threshold. Management credits discip...
- Core pre-tax, pre-provision income rose to $54.4 million in Q3, up from $49.4 million in Q2 and $29.8 million a year ago, signaling accelerating core earnings power.
- Reported NIM increased to 3.01% in Q3 (2.98% excluding prepayment fees and purchase accounting), marking the sixth consecutive quarter of margin expansion.
- Management sees meaningful NIM expansion into Q4 driven by lower deposit costs after the September Fed cut and sustained loan yields; they estimate roughly +5 basis points of NIM per 25 bp cut from deposit-side savings.
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OceanFirst Financial Corp. Q3 2025 Earnings Call - Loan-fueled NII growth and residential outsourcing to boost margins above 3%
OceanFirst delivered a quarter of clear momentum and careful housekeeping. Loan originations hit $1 billion, driving $373 million of loan growth and a fourth consecutive quarter of rising net interest...
- Reported EPS of $0.30 GAAP and $0.36 on a core basis for Q3 2025.
- Net interest income grew for the fourth straight quarter, rising $3 million quarter over quarter, fueled by loan growth.
- Total loans increased $373 million in the quarter, a 14% annualized growth rate, supported by $1 billion of originations.
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Churchill Downs Incorporated 2025 Q3 Earnings Call - Record Q3 Results and a $280-300M Victory Run bet to upgrade the Derby
Churchill Downs posted record net revenue and record adjusted EBITDA in Q3 2025, driven by strong performance across live and historical racing, Exacta wagering tech, and regional gaming. Management d...
- Q3 2025 delivered record net revenue and record adjusted EBITDA company wide, with record results in Live and Historical Racing and Wagering Services and Solutions.
- Live and Historical Racing segment grew revenue 21% and adjusted EBITDA 25% year over year; this marks the 21st consecutive quarter of year over year record growth for that segment.
- Churchill announced Victory Run, a $280 to $300 million build just past the finish line, replacing dated seating with premium suites, covered boxes, and indoor/outdoor dining, targeting completion for the 2028 Derby.
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Gentherm Q3 2025 Earnings Call - Record revenue, $745M awards and Mercedes-Benz conquest
Gentherm reported a beat in Q3 2025, driven by record quarterly revenue of $387 million, stronger-than-expected light vehicle production, and a surge in automotive new business awards. The headline: $...
- Record quarterly revenue of $387 million in Q3 2025, up 4.1% year-over-year (2.4% ex-FX).
- Automotive new business awards hit $745 million in Q3, bringing year-to-date awards to $1.8 billion and keeping the company on track for full-year awards above $2 billion.
- Mercedes-Benz conquest win on high-volume platforms (S-Class, GLS, GLE, CLS) includes Gentherm’s Pulse A massage system, is 100% incremental revenue, and will more than double lumbar and massage revenue with that customer when production begins in 2028.
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