Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
Acme United Corporation Q3 2025 Earnings Call - First aid growth and U.S. reshoring blunt tariff shock, new Spill Magic plant coming Q1 2026
Acme United eked out a modest top line gain, powered by a 9% bump in first aid sales and strong e-commerce and refill revenues, while its Westcott cutting tools business suffered from canceled retail ...
- Revenue up 2% in Q3 to $49.1 million, and up slightly YTD to $149 million versus $148.5 million a year ago.
- Net income fell to $1.9 million, or $0.46 per diluted share, down from $2.2 million and $0.54, largely due to a higher effective tax rate this year (22% vs 8% prior-year Q3 tax benefit).
- First aid and medical products are the growth engine, rising 9% in the quarter and representing about two thirds of corporate revenues, driven by e-commerce and recurring refill demand.
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Steel Dynamics Third Quarter 2025 Earnings Call - Aluminum ramp becomes real as Sinton and record shipments prop up EBITDA
Steel Dynamics delivered a resilient quarter, posting record steel shipments and adjusted EBITDA of $664 million while simultaneously turning its long-telegraphed aluminum buildout into commercial rea...
- Record steel shipments of 3.6 million tons in Q3 supported revenue and cash flow; adjusted EBITDA was $664 million for the quarter.
- Sinton flat rolled mill hit key execution milestones, driving almost 20% sequential shipment improvement at that facility and contributing materially to the record shipments.
- Average scrap costs fell by $27 per ton while realized steel pricing declined by roughly $15 per ton, expanding metal spreads and helping margins.
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Lockheed Martin Q3 2025 Earnings Call - Record $179B Backlog, Demand Fuels Upgraded Guidance and Cash Surge
Lockheed reported a clean quarter: record backlog of $179 billion, multi year missile, helicopter and cruise missile awards, and the definitization of F-35 Lots 18 and 19 lifted near term visibility. ...
- Record backlog at $179.0 billion, driven by significant multi year awards and the F-35 Lot 18 and 19 definitization.
- Q3 sales $18.6 billion, up 9% year over year, and ~5% organic growth after adjusting for last year lot timing.
- Segment operating profit $2.0 billion in Q3, with segment margins of 10.9%.
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Peoples Bancorp Q3 2025 Earnings Call - Took $2.7M securities haircut to lift future yields, core NIM up for a fifth straight quarter
Peoples Bancorp reported Q3 2025 diluted EPS of $0.83, hit by a $2.7 million loss on the opportunistic sale of roughly $75 million of lower yielding securities, a move management said was designed to ...
- Diluted EPS of $0.83 for Q3 2025, reduced by about $0.06 per share from a $2.7 million loss on sales of roughly $75 million of lower yielding securities.
- Management sold $75 million of investment securities to boost portfolio yield, reinvested about half the proceeds into higher yielding securities, and used the remainder to pay down borrowings; investment portfolio fell to 20.5% of assets.
- Net interest income rose nearly $4.0 million quarter over quarter, net interest margin (NIM) expanded 1 basis point, and excluding accretion income core NIM expanded 5 basis points, marking the fifth straight quarter of core NIM expansion.
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Wintrust Financial Corporation Q3 2025 Earnings Call - Record Net Income Fueled by Broad-Based Loan and Deposit Growth, Stable NIM
Wintrust posted a third consecutive quarter of record net income, $216 million, supported by record net interest income of $567 million. Loan balances climbed to $52 billion, driven by diversified CRE...
- Record quarterly net income of $216 million, up about 11% sequentially from Q2.
- Net interest income hit a record $567 million, helped by a $2.4 billion increase in average earning assets.
- Total loans reached $52 billion, roughly 11% year-to-date on an annualized basis, with broad-based growth across CRE, premium finance, leasing, and residential mortgages.
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Cadence Bank Third Quarter 2025 Earnings Call - Industry Acquisition Beats Marks, Fast Capital Recovery and Strong Q3 Earnings
Cadence closed and fully integrated two deals this year, most importantly Industry Bankshares, and turned what looked like a complex securities headache into a capital win. Management sold Industry’s ...
- Closed and fully integrated Industry Bankshares and First Chatham, completing operational conversions and consolidating both into the Cadence brand.
- Management sold 100% of Industry’s securities portfolio in Q3, at marks better than initial estimates, and unwound related hedges, resulting in a net zero impact on other non-interest revenue after offsets.
- Refined purchase accounting and tax work added roughly $143 million of tangible common equity versus initial estimates, led by an $80 million deferred tax asset, limiting tangible book value per share decline to $0.12 to $22.82.
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RLI Corp Third Quarter 2025 Earnings Call - 85% Combined Ratio, 26% YTD Book Value Gain Despite Property Market Softening
RLI reported a clean quarter: operating earnings of $0.83 per share, GAAP earnings of $1.35, comprehensive earnings of $1.65, and a total combined ratio of 85.1% as underwriting profits held across al...
- Total combined ratio improved to 85.1% in Q3 2025, down from 89.6% a year earlier, with underwriting profits across all segments.
- Operating earnings were $0.83 per share; GAAP net earnings were $1.35 per share in Q3 2025, versus $1.03 in Q3 2024; comprehensive earnings were $1.65 per share.
- Book value per share rose 26% year to date (inclusive of dividends), supporting a return on equity north of 20% YTD.
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GATX Corporation 2025 Q3 Earnings Call - Remarketing and Engine Leasing Offset European Softness; Wells Fargo Deal Expected Q1 2026
GATX reported Q3 2025 net income of $82.2 million, or $2.25 per diluted share, down from $89.0 million a year ago. Year-to-date results improved to $236.3 million or $6.46 per diluted share, helped by...
- Q3 2025 net income $82.2 million, $2.25 per diluted share, versus Q3 2024 $89.0 million, $2.43 per diluted share.
- Year-to-date 2025 net income $236.3 million, $6.46 per diluted share, up from $207.7 million, $5.68 per share in 2024; includes $5.3 million positive tax/other items year-to-date.
- Full-year 2025 guidance reiterated at $8.50 to $8.90 per diluted share, excluding tax adjustments and any impact from the Wells Fargo transaction.
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Badger Meter Third Quarter 2025 Earnings Call - 13% Sales Growth, Record Free Cash Flow and Raised Normalized Gross Margin to 39% to 42%
Badger Meter delivered a clean, resilient quarter: total sales rose 13% year over year to $236 million, BASE sales up 8%, operating earnings climbed 13% and free cash flow hit a record $48.2 million. ...
- Total sales of $236 million in Q3 2025, up 13% year over year, with BASE sales growth of 8% excluding SmartCover.
- Management defines BASE metrics as excluding the SmartCover acquisition for comparability.
- Operating earnings rose 13% year over year to $46.1 million, with operating margin of 19.6%.
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Community Financial System, Inc. Q3 2025 Earnings Call - Record operating EPS as diversified businesses drive high-return capital deployment
Community Financial System posted a clean quarter, with record operating earnings per share and broad-based revenue gains across banking, insurance, benefits, and wealth. Net interest income expanded ...
- GAAP EPS for Q3 2025 was $1.04, up 25.3% year over year; operating EPS was $1.09, up from $0.88 a year ago and a quarterly record.
- Total operating revenues hit a quarterly high of $206.8 million, driven by both net interest income and non-interest revenue growth across all four business lines.
- Net interest income was $128.2 million, up 13.7% year over year and marking the sixth consecutive quarter of NII expansion.
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