Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
Knight-Swift Transportation 4th Quarter 2025 Earnings Call - Capacity cleanup and cost cuts position firm for margin recovery
Knight-Swift finished 4Q25 with muted demand but meaningful operational progress. Revenue ex-fuel slipped, and GAAP EPS swung to a small loss after a $52.9 million non-cash impairment tied to folding ...
- Truckload demand was generally stable but weaker than expected through most of 4Q25, with seasonal projects concentrated in October and a disappointing November.
- Management attributes late-quarter market tightening more to capacity reduction than a surge in demand, a dynamic they say persisted into early January.
- Regulatory enforcement by FMCSA and DOT is removing lower-cost, noncompliant capacity, which Knight-Swift sees as a structural tailwind for one-way truckload pricing.
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NVE Corporation Q3 FY2026 Earnings Call - 23% Revenue Surge, New Wafer-Level Packaging Comes Online
NVE reported a strong quarter with revenue up 23% year over year, driven by a 16% lift in product sales and a 335% jump in contract R&D revenue. Net income rose 11% to $3.38 million, and profitability...
- Q3 revenue +23% year over year; product sales +16% and contract R&D revenue +335%.
- Q3 gross margin fell to 79% from 84% a year ago, blamed on a less profitable product mix and higher distributor sales.
- Net income for the quarter rose 11% to $3.38 million, or $0.70 per diluted share.
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Kinder Morgan Q4 2025 Earnings Call - Natural gas surge drives record results, $10B backlog and take-or-pay LNG demand
Kinder Morgan closed 2025 with a clean, loud message. Q4 and full-year results were records, driven by a tight natural gas market, booming LNG feed-gas demand and a growing pipeline of sanctioned proj...
- Q4 and full-year 2025 produced all-time records for Kinder Morgan, led by natural gas, with Adjusted EBITDA up 10% in Q4 versus Q4 2024 and adjusted EPS up 22% year over year excluding certain items.
- Management increased the near-term annualized CapEx target to at least $3 billion, largely to execute a $10 billion approved project backlog that grew during 2025.
- Project backlog hit $10.0 billion after net additions of $3.7 billion during the year, despite placing $1.8 billion of projects into service; management says the backlog multiple remains below six times.
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Prologis Fourth Quarter 2025 Earnings Call - Occupancy and Rents Inflect; Data Centers Ramp
Prologis closed 2025 with clear operational momentum, hitting the high end of guidance and signaling an inflection across occupancy and rents. Core FFO came in at $1.44 per share in 4Q25 including net...
- Core FFO for 4Q25 was $1.44 per share including net promote expense, $1.46 excluding net promote expense.
- Full-year core FFO guidance for 2026 is $6.00 to $6.20 per share including net promote expense, $6.05 to $6.25 excluding it.
- Average owned-and-managed occupancy was 95.3% in the quarter, 95% for the full year, and period-end occupancy was 95.8%.
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Wintrust Financial Corporation Q4 2025 Earnings Call - Record 2025 Profit, disciplined mid-to-high single-digit growth and a stable ~3.5% margin
Wintrust closed 2025 with a clean set of numbers: record full-year net income of $824 million, EPS $11.40, tangible book value up to nearly $89, and total assets just over $71 billion. Management deli...
- Full-year 2025 net income reached a record $824 million, up 19% from $695 million in 2024, with diluted EPS of $11.40.
- Q4 2025 net income was $223 million, a quarterly record and up 3% sequentially.
- Tangible book value rose by over $13 during 2025 to nearly $89 per share; total assets ended just above $71 billion.
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United Airlines Q4 2025 Earnings Call - EPS Grows Despite Major Disruptions, Investment-Grade in Sight
United leaned into its decade-long premium strategy and came away with a tidy proof point: resilient earnings and operational outperformance through a year of one-off shocks. Q4 delivered $3.10 EPS (w...
- Q4 EPS of $3.10, within company guidance of $3.00–$3.50; full-year 2025 EPS $10.62, slightly up versus 2024 despite major headwinds.
- Company estimates a ~$250 million pre-tax earnings hit in Q4 from the U.S. government shutdown and cites an additional ~$0.85 EPS drag for the year from Newark-specific issues.
- Top-line: Q4 revenues rose 4.8% to $15.4 billion on a 6.5% capacity increase; consolidated RASM fell 1.6% in the quarter.
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Teledyne Q4 2025 Earnings Call - Record Q4 Results and 2026 Guidance Backed by Defense and FLIR Strength
Teledyne closed 2025 on a high note, delivering the largest quarterly orders, sales, non-GAAP earnings, and operating margin in company history. Defense programs, Teledyne FLIR infrared components, an...
- Q4 2025 was the company’s largest quarter ever for orders, sales, non-GAAP earnings, and operating margin.
- Q4 sales rose 7.3% year over year, and Q4 non-GAAP earnings increased 14.1%; full year sales rose 7.9% with non-GAAP earnings up 11.5%.
- Teledyne expects full year 2026 revenue around $6.37 billion and non-GAAP EPS near $23.65 at the midpoint, roughly in line with consensus.
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Charles Schwab Winter 2026 Earnings Call - Record 2025 Results and $519B Core NNA, Guiding to $5.70-$5.80 2026 EPS
Schwab closed 2025 with a clean, loud scoreboard: $519 billion in core net new assets, record $23.9 billion of net revenue, and adjusted EPS of $4.87, up 50% year over year. Management stresses a two‑...
- Record 2025 performance: $23.9 billion total net revenues, adjusted EPS $4.87, up 50% year over year.
- Core net new assets (NNA) reached $519 billion in 2025, a 42% increase versus 2024; 4.7 million new brokerage accounts opened, +13% year over year.
- Client scale and engagement: more than 46 million accounts and nearly $12 trillion in client assets; year avg daily trades hit a record 7.7 million, Q4 daily average was 8.3 million.
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Northpointe Bancshares Q4 2025 Earnings Call - Robust Loan Growth and Positive Operating Leverage Drive Strong 2025 Results
Northpointe Bancshares capped 2025 with impressive growth, pushing total assets from $5.2 billion pre-IPO to over $7 billion. The mortgage purchase program (MPP) led the charge with a $1.7 billion ann...
- Northpointe grew total assets from $5.2 billion at end-2024 to over $7 billion by end-2025, driven primarily by strong growth in its mortgage purchase program (MPP).
- Earnings per diluted share increased by 15% year-over-year to $2.11 in 2025, with returns on average assets (ROA) and tangible common equity (ROTE) improving to 1.33% and 14.43%, respectively.
- Tangible book value per share rose 13.9% annually, reflecting solid profitability and shareholder return focus since the 2025 IPO.
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SmartFinancial Q4 2025 Earnings Call - Strong Organic Growth and Strategic Expansion Drive Record Earnings
SmartFinancial closed 2025 on a high note, posting record earnings of over $51 million with solid 13% annualized loan growth and an 8% rise in deposits. The company emphasized a disciplined, organic g...
- SmartFinancial reported its best year ever with record net earnings over $51 million in 2025.
- Tangible book value per share increased to $26.85, a 17% annual growth rate.
- Loan balances grew by 13% annualized in Q4, with an overall 12% increase for 2025.
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