Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
Allstate Q2 2025 Earnings Call - Transformative Growth Drives Market Share and Profitability Gains
Allstate reported solid second-quarter 2025 results, with revenues rising 5.8% to $16.6 billion and adjusted net income of $1.6 billion. The company highlighted its transformative growth strategy focu...
- Allstate achieved $16.6 billion in Q2 2025 revenues, up 5.8% year-over-year, with adjusted net income of $1.6 billion or $5.94 per diluted share.
- Policies in force grew 4.2% to 208 million, driven primarily by Allstate Protection Plans and the acquisition integration of National General.
- The company’s transformative growth strategy is in phase four, expanding new affordable, simple, and connected auto and homeowners insurance products across multiple states and channels.
- +12 more takeaways
KKR 2Q 2025 Earnings Call - Record Fee-Related Earnings Amid Diversified Global Deployment and Growing Alternative Credit
KKR reported some of the strongest fee-related earnings in its public company history, with annualized fee-related earnings per share up 33% and a 360 basis point margin expansion over the past year. ...
- KKR reported fee-related earnings of $0.98 per share and total operating earnings of $1.33 per share in 2Q 2025, among the highest in its public company history.
- Annualized fee-related earnings per share increased 33% year-over-year, with a 360 basis point improvement in fee-related earnings margin to 69%.
- Management fees rose 18% year-over-year to $996 million, supported by the activation of the Americas 14 fund and diversified capital deployment.
- +7 more takeaways
Xenia Hotels & Resorts Q3 2025 Earnings Call - Strong Group Demand and Grand Hyatt Scottsdale Drive Resilience Amid Leisure Softness
Xenia Hotels & Resorts reported a challenging Q3 2025 with a net loss of $13.7 million but maintained resilience thanks to strong group demand and the post-renovation ramp of the Grand Hyatt Scottsdal...
- Xenia reported a Q3 2025 net loss of $13.7 million but adjusted EBITDAre was $42.2 million, down 8% year-over-year.
- Same property REvPAR was flat year-over-year, with a 100 bps occupancy decline offset by a 1.6% increase in ADR.
- Houston market dragged performance due to a tough comparison with hurricane-boosted demand in Q3 2024.
- +7 more takeaways
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.
- +16 more takeaways
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.
- +11 more takeaways
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.
- +11 more takeaways
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.
- +13 more takeaways
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.
- +9 more takeaways
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.
- +9 more takeaways
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.
- +13 more takeaways