Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
Hilton Grand Vacations Q2 2025 Earnings Call - HGV Max lifts VPG, securitization fuels free cash flow while guidance holds
Hilton Grand Vacations delivered a clean quarter: contract sales up 10% to $834 million, adjusted EBITDA $278 million, and VPG up 11% to about $3,690. Management credited HGV Max, improved pre-screeni...
- Contract sales rose 10% year over year to $834 million in Q2 2025.
- Adjusted EBITDA to shareholders was $278 million, with margins excluding reimbursements of 23%.
- Volume per guest (VPG) increased 11% year over year to about $3,690, driven by owner sales and HGV Max.
- +12 more takeaways
Riot Platforms Q2 2025 Earnings Call - Pivoting to Data Centers to Monetize Megawatts While Mining Funds the Transition
Riot used a strong quarter in mining cash flow and a hefty Bitcoin mark-to-market gain to put muscle behind a clear strategic pivot: build a scalable data center platform that monetizes its ready-for-...
- Riot is explicitly transitioning from pure Bitcoin miner to a combined mining and data center developer, framing the strategy as monetizing megawatts and progressively shifting capacity to data centers where valuations can be higher.
- Company hired Jonathan Gibbs as Chief Data Center Officer and is building a hyperscale-capable data center team to lead commercial leasing and design, with a stated basis of design targeted for completion by end of Q3 2025.
- Corsicana is the strategic focal point: Riot is developing a 600 megawatt substation (part of a 1 GW target), with 400 MW on track for Q1 2026 and the remaining 200 MW expected in H2 2026, and has expanded contiguous landholdings to 858 acres to support varied tenant density needs.
- +13 more takeaways
Bright Horizons Family Solutions Q2 2025 Earnings Call - Backup Care Roars, Full-Service Steady but Patchy
Bright Horizons posted a clean quarter: revenue +9% to $732m and adjusted EPS +22% to $1.07, driven by a breakout Backup Care business and steady recovery in full-service child care. Management raised...
- Q2 revenue grew 9% to $732 million; adjusted EPS rose 22% to $1.07, both ahead of expectations.
- Company raised full-year guidance: revenue now expected $2.90 to $2.92 billion (8% to 9% growth), adjusted EPS $4.15 to $4.25.
- Backup Care is the momentum engine, revenue up 19% to $163 million, with segment operating margins around 25% and management guiding 25% to 30% for the year.
- +12 more takeaways
Hub Group Q2 2025 Earnings Call - Raises Cost-Save Target to $50M; Final Mile and Martin Deal to Drive Growth Amid Soft Import Demand
Hub Group reported a revenue hit from tariff-driven import shifts, but the quarter was a textbook example of operational defense. Revenue fell 8% to $906 million as intermodal and brokerage faced lowe...
- Revenue fell 8% year over year to $906 million in Q2 2025, driven by weaker import activity late in the quarter and tariff-driven shipping pattern changes.
- Intermodal revenue declined 6% to $528 million, yet intermodal operating income increased 6% year over year, reflecting margin resilience.
- Intermodal volumes rose 2% year over year, with refrigerated intermodal volume up 18% and Mexico volumes up over 300% year over year.
- +13 more takeaways
DXC Technology Q1 FY2026 Earnings Call - Bookings Momentum and AI Push Cushion Near‑Term Revenue Declines
DXC reported a quarter of two narratives: near-term revenue pressure and improving commercial momentum. Organic revenue fell 4.3% year over year, but bookings rose 14% and trailing 12-month book-to-bi...
- Total revenue for Q1 FY2026 was $3.2 billion, organic decline of 4.3% year over year, toward the high end of guidance.
- Adjusted EBIT margin was 6.8%, down slightly (10 bps) year over year, with non-GAAP diluted EPS of $0.68.
- Free cash flow improved to $97 million vs $45 million in prior-year Q1, driven by lower in‑period capex and software payment timing.
- +15 more takeaways
Corcept Therapeutics Q2 2025 Earnings Call - Demand surge outpaces pharmacy capacity as relacorilant and ROSELLA set stage for multi-billion growth
Corcept reported a strong Q2 with revenue of $194.4 million, but the call was dominated by an operational bottleneck: pharmacy fulfillment lagged a demand surge driven by wider physician screening and...
- Q2 revenue was $194.4 million, up from $163.8 million year over year, but net income was essentially flat at $35.1 million versus $35.5 million last year.
- Corcept narrowed its 2025 revenue guidance to $850 to $900 million, citing fulfillment delays that reduced near-term revenue.
- Pharmacy capacity constraints materially limited sales, with management estimating roughly a $15 million negative impact on Q2 results.
- +13 more takeaways
Kilroy Realty Corporation Q2 2024 Earnings Call - Monetization and Flower Mart Rework Lift 2025 FFO Guidance
Kilroy used the quarter to accelerate capital recycling and tighten focus on core markets, announcing land and property dispositions that, together with assets already sold, will generate roughly $480...
- Company raised 2025 FFO guidance to $4.05 to $4.15 per share, a $0.15 increase at the midpoint.
- Q2 FFO was $1.13 per diluted share, which included approximately $0.11 per share of one-time items (notably a $10.7M lease termination fee and $6.9M of bad debt reversals/tax refunds).
- Kilroy has four transactions either closed or under contract expected to generate about $480M of gross proceeds in total.
- +12 more takeaways
PotlatchDeltic Second Quarter 2025 Earnings Call - Timberlands and Real Estate Cushion Weak Wood Products, Aggressive Buybacks and Q3 Rebound Expected
PotlatchDeltic reported Q2 adjusted EBITDA of $52.0 million, with Timberlands and Real Estate doing the heavy lifting while Wood Products stumbled on soft lumber prices and a cluster of one time opera...
- Total adjusted EBITDA was $52.0 million in Q2 2025, down from $63.0 million in Q1 2025.
- Timberlands adjusted EBITDA was $40.0 million in Q2, only slightly below Q1, helped by favorable weather and stronger Idaho sawlog realizations.
- Wood Products adjusted EBITDA collapsed to $2.0 million in Q2 from $12.0 million in Q1, hit by lower lumber prices and about $7.0 million of one time adverse items.
- +13 more takeaways
Exponent Q2 2025 Earnings Call - Disputes and utility risk work buoy revenue as utilization and lease costs squeeze margins
Exponent delivered a flat top-line quarter that beat internal expectations, powered by a continued build in high-margin litigation and utility risk engagements even as utilization slipped and non-cash...
- Total revenues rose 1% to $142.0 million; net revenues (before reimbursements) were essentially flat at $132.9 million year over year.
- Net income declined to $26.6 million, or $0.52 per diluted share, down from $29.2 million ($0.57) in Q2 2024.
- EBITDA fell 7% to $37.0 million, compressing the EBITDA margin to 27.8% of net revenues from 30.2% a year earlier.
- +15 more takeaways
IDACORP Q2 2025 Earnings Call - Historic customer surge forces bigger build, higher spending, and regulatory asks
IDACORP reported steady results in Q2 with diluted EPS of $1.76 and first-half EPS of $2.87, nudging full-year guidance up to $5.70 to $5.85 as Idaho Power plans to use $60 million to $77 million of a...
- Q2 diluted EPS $1.76 versus $1.71 a year ago; first half 2025 EPS $2.87 versus $2.67 in 2024, and full-year guidance raised to $5.70 to $5.85, assuming $60M to $77M of additional ADITC amortization.
- Idaho Power recorded $17.2M of additional investment tax credit (ADITC) amortization in Q2 2025 versus $7.5M in Q2 2024; first-half ADITC was $36.5M versus $20M a year ago.
- Customer growth continues to accelerate, up 2.5% year over year overall and 2.7% for residential customers; management highlighted new wins in technology, food processing, mining, and data centers.
- +13 more takeaways