CEMEX (NYSE:CX) Q4 2025 Earnings call February 05, 2026 10:00 AM ET Company ParticipantsAlejandra Obregón - VP of ResearchAnne Milne - Managing DirectorBen Theurer - Managing DirectorDaniel Rojas - VPFrancisco Suarez - Managing DirectorJaime Muguiro - CEOJorel Guilloty - VPLucy Rodriguez - Chief Communications OfficerMaher Al-Haffar - CFOConference Call ParticipantsGordon Lee - AnalystMarcelo Furlan - AnalystOperatorHello, good morning, and welcome everyone to the CEMEX Fourth Quarter 2025 conference call a ...

Patterson-UTI Energy (NasdaqGS:PTEN) Q4 2025 Earnings call February 05, 2026 10:00 AM ET Company ParticipantsAndy Hendricks - President and CEOAndy Smith - CFOAti Modak - Vice President Energy Services and E&PsEddie Kim - VP of Equity ResearchJeff Bellman - Managing Director, Gas, LNG and PowerJim Rollyson - Director of Oilfield Services ResearchKeith Mackey - Director, Global Equity Research, Oil & Gas ServicesMike Sabella - VP of Investor RelationsStephen Gengaro - Managing DirectorConference Call Partici ...

Regal Rexnord (NYSE:RRX) Q4 2025 Earnings call February 05, 2026 10:00 AM ET Company ParticipantsJeffrey Hammond - Managing DirectorJoe Ritchie - Managing DirectorLouis Pinkham - CEONigel Coe - Managing DirectorRandy Marker - Equity Research AssociateRob Barry - VP of Investor RelationsRobert Rehard - CFOTomohiko Sano - Managing DirectorConference Call ParticipantsChristopher Glynn - Equity AnalystJulian Mitchell - Equity Research AnalystMichael Halloran - Associate Director of Research and Senior AnalystOp ...

Financial Data and Key Metrics Changes - Full-year non-GAAP operating earnings were $5.64 per share, or $6.21 per share after adjusting for notable items, up 1% over 2024, with growth held back by elevated mortality claims [7][8] - Full-year organic cash generation was $1.6 billion, consistent with guidance, expected to increase to approximately $1.8 billion in 2026, and on track to reach $2 billion in 2027 [8][25] - Assets under management and administration ended 2025 at a record $1.1 trillion, up 10% year-over-year [8][18] Business Line Data and Key Metrics Changes - In Retirement, net flows were $5.9 billion in 2025, a 4% organic growth rate, supported by record RILA sales [9] - Wealth Management saw full-year net inflows of $8.4 billion, a 13% organic growth rate, with the number of wealth planners increasing by 12% [9][21] - AllianceBernstein experienced overall net outflows of $11.3 billion, but its private markets business increased AUM by 18% to $82 billion [10] Market Data and Key Metrics Changes - The retirement segment's net interest margin increased 2% sequentially, driven by growth in general account assets [19] - The adjusted operating margin for AllianceBernstein was reported at 33.7%, at the upper end of its targeted range [13][21] - The company expects mid to high single-digit growth in pre-tax earnings for the retirement segment in 2026 [28] Company Strategy and Development Direction - The company is focused on refining its business mix to emphasize U.S. retirement, asset management, and wealth management as core growth engines [5] - A life reinsurance transaction with RGA freed $2 billion of capital and reduced mortality exposure by 75%, supporting growth in asset and wealth management [11] - The company aims to achieve $150 million in expense savings by 2027, with $120 million already in run rate results [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving 2027 financial targets, citing solid momentum entering 2026 and reduced mortality exposure [6][31] - The company anticipates continued growth in assets under management and advice, supported by healthy organic growth trends [16] - Management acknowledged competitive market conditions but remains optimistic about the company's ability to execute and capture growth opportunities [5][32] Other Important Information - The company returned $1.8 billion to shareholders in 2025, including $500 million of additional share repurchases [8][24] - The full-year payout ratio was 68% at the high end of the target range of 60%-70% [8][14] - The company ended 2025 with a combined NAIC RBC ratio of approximately 475%, above the target of 400% [25] Q&A Session Summary Question: Insights on private credit portfolio quality - Management indicated that private credit constitutes about 16% of the total general account, with minimal exposure to software, which is only 1% of the total [35][36] Question: Competition for advisors in wealth management - Management noted that organic growth is strong, with a distinct model attracting new advisors, and emphasized disciplined hiring practices [40][42] Question: Addressing valuation gap between AB and Equitable - Management acknowledged the valuation gap and emphasized the focus on growing the business and improving execution to close the gap [45][48] Question: Mortality exposure and potential reduction - Management discussed the manageable nature of remaining mortality exposure and the potential for further reductions through strategic actions [49][52] Question: Retirement segment commission and distribution expenses - Management explained that commission expenses are expected to normalize over time, with earnings growth anticipated to exceed commission expenses [55][56]

Patrick Industries (NasdaqGS:PATK) Q4 2025 Earnings call February 05, 2026 10:00 AM ET Company ParticipantsAndy Nemeth - CEOJeff Rodino - PresidentMatthew Filer - CFOSteve O'Hara - VP of Investor RelationsConference Call ParticipantsCraig Kennison - AnalystDaniel Moore - AnalystJack Weisberger - AnalystJoe Altobello - AnalystMike Albanese - AnalystNoah Zatzkin - AnalystTristan Thomas-Martin - AnalystOperatorGood morning, ladies and gentlemen, and welcome to Patrick Industries' fourth quarter 2025 earnings c ...

InterDigital (NasdaqGS:IDCC) Q4 2025 Earnings call February 05, 2026 10:00 AM ET Company ParticipantsLiren Chen - President and CEORaiford Garrabrant - Head of Investor RelationsRichard Brezski - EVP, Treasurer, and CFOConference Call ParticipantsKevin Garrigan - SVP and Equity Research AnalystOlinda Lee - Research AnalystScott Searle - Managing Director and Senior Research AnalystOperatorGood morning, everyone, and thank you for standing by. My name is Gail, and I will be your operator for today. At this t ...

AGCO (NYSE:AGCO) Q4 2025 Earnings call February 05, 2026 10:00 AM ET Company ParticipantsDamon Audia - SVP and CFOEric Hansotia - Chairman, President, and CEOGreg Peterson - Head of Investor RelationsJerry Revich - MD of Equity ResearchTami Zakaria - Executive DirectorConference Call ParticipantsEsther Osinaiya - Research AnalystJamie Cook - MD and Senior Equity AnalystKristen Owen - Equity Research AnalystMircea Dobre - Senior Research AnalystStephen Volkmann - Equity AnalystOperatorGood day, and welcome t ...

Golub Capital BDC (NasdaqGS:GBDC) Q1 2026 Earnings call February 05, 2026 10:00 AM ET Company ParticipantsChristopher Ericson - CFODavid Golub - CEOEthan Kaye - VP of Equity ResearchFinian O'Shea - DirectorRobert Dodd - DirectorTim Topicz - Directorof the Global Product GroupConference Call ParticipantsPaul Johnson - Equity Research AnalystOperatorHello everyone, and welcome to GBDC's earnings call for the fiscal quarter ended December 31st, 2025. Before we begin, I'd like to take a moment to remind our lis ...

Madison Square Garden Sports (NYSE:MSGS) Q2 2026 Earnings call February 05, 2026 10:00 AM ET Company ParticipantsAri Danes - Head of Investor RelationsJamaal Lesane - COOVictoria Mink - EVP, CFO and TreasurerConference Call ParticipantsDavid Joyce - Senior Equity AnalystDouglas Wardlaw - Equity Research AnalystJoseph Stauff - Senior Equity AnalystPeter Supino - Managing Director and Senior AnalystStephen Laszczyk - VP and Equity Research AnalystOperatorGood morning! Thank you for standing by, and welcome to ...

EastGroup Properties (NYSE:EGP) Q4 2025 Earnings call February 05, 2026 10:00 AM ET Company ParticipantsBrent Wood - EVP and COOMarshall Loeb - CEOMichael Griffin - DirectorReid Dunbar - PresidentStaci Tyler - EVP and CFOConference Call ParticipantsAlexander Goldfarb - Managing Director and Senior Equity Research AnalystBlaine Heck - AnalystBrendan Lynch - VP and Senior Research AnalystCraig Mailman - VP and Equity Research AnalystEric Borden - Senior Associate and Equity AnalystJessica Zheng - AnalystMike ...