Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
CenterPoint Energy Q3 2025 Earnings Call - $2.4B Ohio Sale Funds Texas-Focused $65B Growth Plan
CenterPoint reported a strong Q3, with non-GAAP EPS of $0.50, up 60% year over year, and reiterated full-year 2025 guidance of $1.75 to $1.77 and 2026 guidance of $1.89 to $1.91. Management rolled out...
- Q3 non-GAAP EPS was $0.50, a 60% increase year over year; GAAP EPS was $0.45.
- Full-year 2025 non-GAAP EPS guidance reiterated at $1.75 to $1.77, representing ~9% growth versus 2024; 2026 guidance reiterated at $1.89 to $1.91.
- Management unveiled a 10-year capital plan of at least $65 billion through 2030, with visibility to an additional approximately $10 billion of upside opportunities.
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Allegion Q3 2025 Earnings Call - Raises 2025 EPS View as M&A and Electronics Growth Offset Cost Pressures
Allegion closed Q3 with double digit reported revenue growth and a raised full year EPS guide, leaning on a heavy cadence of acquisitions and accelerating electronics adoption to power performance. Re...
- Allegion reported Q3 revenue of just over $1 billion, up 10.7% year over year, with organic revenue growth of 5.9%.
- Adjusted EPS for Q3 was $2.30, a 6.5% increase versus prior year, and management raised full-year 2025 adjusted EPS guidance to $8.10 to $8.20.
- Adjusted operating margin for Q3 was 24.1%, essentially flat year over year, with segment margin expansion offset by higher corporate expenses.
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Lazard Q3 2025 Earnings Call - Financial Advisory record revenue and Asset Management inflection
Lazard reported a strong Q3 with record firm-wide revenue and clear momentum across both businesses. Financial Advisory posted robust activity and helped drive record year-to-date advisory revenue, wh...
- Q3 firm-wide revenue was $725 million, up 12% year over year, driven by both Financial Advisory and Asset Management.
- For the first nine months of 2025, firm revenue totaled $2.1 billion, including record Financial Advisory revenue of $1.3 billion year to date.
- Financial Advisory revenue in Q3 was $422 million, up 14% versus Q3 2024, with strength in M&A across healthcare, industrials, consumer and retail, plus restructuring and fundraising mandates.
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ARMOUR Residential REIT Q3 2025 Earnings Call - 7.75% quarterly economic return as Fed easing tightens MBS spreads
ARMOUR posted a strong Q3 2025, with total economic return of 7.75% driven by a Fed pivot, falling Treasury yields, and roughly 20 basis points of MBS spread compression. The company leaned into that ...
- Total economic return for Q3 2025 was 7.75%, the quarter’s headline performance metric.
- GAAP net income available to common stockholders was $156.3 million, or $1.49 per common share.
- Net interest income for the quarter was $38.5 million; distributed earnings were $75.3 million, or $0.72 per common share.
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Ermenegildo Zegna Group Q3 2025 Earnings Call - DTC Momentum Cushions FX Headwind
Q3 revenue came in at €398 million, up 4% organic, led by a pronounced acceleration in direct-to-consumer sales. DTC grew 9% in the quarter and accounted for 82% of nine months revenues, making it the...
- Group Q3 revenues €398m, +4% organic; nine months revenues €1.3bn.
- DTC accelerated to +9% in Q3 and represented 82% of group revenues for the first nine months.
- Zegna brand Q3 revenues €249m, +6% organic, driven by DTC strength in EMEA and Americas.
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IHG Hotels & Resorts Q3 2025 Earnings Call - Record development momentum masks flat RevPAR as U.S. lags
IHG reported a quarter of two stories. Global RevPAR was essentially flat in Q3 (+0.1%) and +1.4% year to date, driven by resilient EMEA-A and improving Greater China, while the U.S. remained soft. At...
- Global RevPAR +0.1% in Q3, +1.4% year to date — essentially flat quarter after quarter.
- Occupancy edged up 0.4 percentage points globally, while average rate eased 0.4% in Q3.
- Americas RevPAR down 0.9% in Q3; U.S. RevPAR down 1.6%, weighed by ~20% lower government travel, weaker international inbound, and holiday timing effects.
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Rentokil Initial Q3 2025 Earnings Call - North America shows early net-gain momentum, needs Q4/Q1 proof
Rentokil reported solid Q3 trading with group revenue of $1.8bn, up 4.6% year on year and organic growth of 3.4%. Management flagged encouraging but early signs of a North America recovery, driven by ...
- Q3 group revenue was $1.8 billion, up 4.6% year on year, with organic revenue growth of 3.4% for the quarter.
- North America organic growth improved to 3.4% in Q3, with pest control organic growth in North America at 1.8% versus 0.3% in Q2.
- North America business services delivered strong organic revenue growth of 11.9% in Q3, but this is a lower margin mix and may not be sustainable at the same rate.
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STMicroelectronics Q3 2025 Earnings Call - Sequential recovery and inventory drawdown, margins pressured by capacity fees and factory reshaping
ST reported a quarter of steady recovery: $3.19 billion in revenue, a small beat of $17 million versus the midpoint, a sequential top-line uptick across most end markets, and a positive free cash flow...
- Q3 revenue $3.19 billion, $17 million above the midpoint of guidance, driven by personal electronics strength and sequential recovery across most end markets.
- All end markets except automotive returned to year-on-year growth; personal electronics jumped 40% sequentially, industrial up 8% sequentially, automotive up about 10% sequentially but still down ~17% year on year.
- Gross margin was 33.2%, down 460 basis points year over year, though improving sequentially; non-U.S. GAAP operating margin excluding restructuring was 6.8%.
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Tesla Q3 2025 Earnings Call - Unsupervised FSD Imminent, Production Expansion to Follow
Tesla told investors this quarter the narrative is shifting from promise to deployment. Management says unsupervised Full Self-Driving is now on a clear path, with safety drivers expected to be remove...
- Management says unsupervised Full Self-Driving is at a clear inflection point, with safety drivers expected to be removed in large parts of Austin within months and full removal in Austin shortly thereafter.
- Tesla expects to operate robotaxi services in about 8–10 metro areas by year-end, subject to local regulatory approvals, naming Nevada, Florida, Arizona among targets.
- Robotaxi fleet milestones: Austin fleet has driven more than 250,000 unsupervised miles, Bay Area fleet has crossed more than 1 million supervised miles, and customers have used supervised FSD for roughly 6 billion miles cumulatively.
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SAP Q3 2025 Earnings Call - AI-infused cloud suite fuels 27% cloud growth and underpins revenue acceleration through 2027
SAP delivered a clean quarter of execution, with cloud revenue up 27%, current cloud backlog up 27% to about €18.8 billion, and cloud gross margin near 75%. Cloud ERP suite remains the engine, growing...
- Cloud momentum remains real, cloud revenue grew 27% in Q3, and cloud gross margin expanded to roughly 75%, showing the business is scaling profitably.
- Current cloud backlog (account cloud backlog) rose 27% to about €18.8 billion, providing sizable near-term visibility but leaving Q4 conversion as the critical execution point.
- Cloud ERP suite is the growth engine, up 31% for its 15th consecutive quarter above 30%, representing 87% of cloud revenues and over 100% of the year on year increase in cloud revenue.
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