TWFG (NasdaqGS:TWFG) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsBob Huang - Equity Research Executive DirectorGordy Bunch - Founder, Chairman, and CEOJanice Zwinggi - Chief Financial OfficerMolly Knoell - Equity Research AssociateConference Call ParticipantsMichael Zaremski - Senior Equity Research Analyst and Managing DirectorPablo Singzon - Equity Research AnalystPaul Newsome - Managing Director and Senior Research AnalystRowland Mayor - Senior Sell-Side Equity Research Analys ...

Permian Resources (NYSE:PR) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsDerrick Whitfield - Md and Head of Energy Equity ResearchGuy Oliphint - EVP and CFOHays Mabry - VP of Investor RelationsJames Walter - Co-CEO and DirectorJohn Freeman - Md and the Head of Energy ResearchJosh Silverstein - Md and the Head of Energy ResearchKevin MacCurdy - Md and Director of Upstream ResearchNeil Mehta - Md and the Head of Americas Natural Resources Equity ResearchPhillip Jungwirth - MdWill Hi ...

NWPX Infrastructure (NasdaqGS:NWPX) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsAaron Wilkins - CFOJustin Mechetti - Equity Research AssociateScott Montross - President and CEOConference Call ParticipantsBrent Thielman - Managing Director and Senior Research AnalystTed Jackson - Managing Director and Senior Research AnalystOperatorGreetings, welcome to the NWPX Infrastructure Fourth Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode. A brief ques ...

TORM (NasdaqGS:TRMD) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsCliment Molins - Head of Shipping ResearchJacob Meldgaard - CEOKim Balle - CFOConference Call ParticipantsFrode Mørkedal - Senior Equity Research AnalystOperatorHello, welcome to the TORM full year 2025 results conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question, press star o ...

Chemed (NYSE:CHE) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsHolley Schmidt - Vice President and Assistant ControllerJoanna Gajuk - Director of US Equity ResearchJoel Wherley - COOKevin McNamara - President and CEOMichael Witzeman - CFOConference Call ParticipantsBen Hendrix - AnalystBrian Tanquilut - Senior Equity Analyst and Healthcare Services Equity ResearchOperatorGood day, and thank you for standing by. Welcome to the Chemed Corporation fourth quarter 2025 earnings confere ...

Installed Building Products (NYSE:IBP) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsBrad Wheeler - COODarren Hicks - VP of Investor RelationsJeff Edwards - Chairman and CEOMichael Miller - CFOConference Call ParticipantsAatish Shah - Equity Research AnalystAdam Baumgarten - VP and Equity Research AnalystCollin Verron - Equity Research AnalystKeith Hughes - Managing Director and Senior Equity Research AnalystKen Zener - Senior Equity Research AnalystMichael Rehaut - Managing Direct ...

Nexstar Media Group (NasdaqGS:NXST) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsJoe Jaffoni - Investor Relations ContactLee Ann Gliha - EVP and CFOMichael Biard - President and COOPerry Sook - Founder, Chairman, and CEOConference Call ParticipantsAaron Watts - AnalystBenjamin Soff - AnalystCraig Huber - AnalystDan Kurnos - AnalystJason Bazinet - AnalystPatrick Sholl - AnalystSteven Cahall - AnalystOperatorGood day. Welcome to the Nexstar Media Group's fourth quarter 2025 conferen ...

The Middleby (NasdaqGS:MIDD) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsBryan Mittelman - CFOMark Salman - President of Middleby Food Processing GroupSteve Spittle - Chief Commercial OfficerTim FitzGerald - CEOConference Call ParticipantsBrian McNamara - Managing Director and Senior AnalystJeff Hammond - Managing Director and Equity Research AnalystMircea Dobre - Senior Research Analyst and Associate Director of ResearchTami Zakaria - Executive Director and Equity Research Analy ...

Bristow Group (NYSE:VTOL) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsAlex Rygiel - Managing DirectorChris Bradshaw - President and CEOJennifer Whalen - SVP and CFOJosh Sullivan - Managing Director of Aerospace & Defense / Industrial TechnologyRedeate Tilahun - Senior Manager of Investor Relations and Financial ReportingConference Call ParticipantsJason Bandel - Equity Research AnalystSavi Syth - Managing Director and Senior Equity AnalystSteve Silver - Senior Equity Research Ana ...

Financial Data and Key Metrics Changes - Total company sales for 2025 were $1.3 billion, an 8% decline compared to the previous year [8] - GAAP net loss for 2025 was $167 million, which included $337 million in pre-tax special charges [9] - Adjusted gross profit increased by 6.8% year-over-year to $556 million, with gross margin expanding by 610 basis points [9] - Total adjusted EBITDA rose 10% year-over-year to $398 million, with margins expanding 500 basis points to 30.8% [10] - Total diluted adjusted EPS improved by 30% to $4.55 [10] - Free cash flow reached $274 million, the highest level in the past five years, exceeding updated guidance [11] Business Line Data and Key Metrics Changes - Performance Materials sales remained flat at $607 million, despite lower auto production due to industry volatility [12] - Performance Chemicals sales declined by $86 million, primarily due to repositioning actions within Industrial Specialties [8] - Pavement Technologies' sales remained flat year-over-year, benefiting from pricing and favorable mix shifts [15] - Advanced Polymer Technologies faced a 15% sales decline and an 18% drop in segment EBITDA due to market pressures [17] Market Data and Key Metrics Changes - The automotive industry faced significant disruptions from tariff uncertainties and supply chain challenges, impacting production volumes [12][36] - Demand for Performance Materials is expected to remain stable, with potential upside if supply chain issues abate [36] - The company anticipates a stable environment for auto production in 2026, with a focus on hybrids and fuel-efficient ICE vehicles [36][55] Company Strategy and Development Direction - The company aims to grow adjusted earnings per share by 10% and free cash flow per share by 5% through 2027 [4] - Plans to initiate sales processes for Advanced Polymer Technologies segments and Road Markings product line were announced [4] - The company is focused on optimizing its portfolio and generating cash flow while reducing leverage [21] - Future growth opportunities are being explored in higher value applications within filtration and energy solutions [40] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence and optimism for 2026, emphasizing strong execution in core businesses [7] - The company does not expect a meaningful recovery in the global economy for 2026, with sales projected between $1.1 billion and $1.2 billion [19] - Management highlighted the importance of regulatory changes in China and India as potential growth drivers for Performance Materials [55] Other Important Information - The company completed the sale of its North Charleston CTO refinery and the majority of the Industrial Specialties product line [5] - The remaining share repurchase authorization at year-end was just under $300 million [11] Q&A Session Summary Question: Update on potential asset sales and share buybacks - Management is encouraged by the interest in both APT and Road Markings assets and expects to announce updates before the end of the year [26] - Share buybacks of $300 million are expected to continue regardless of asset sales [27] Question: Stranded costs and their timing - Management has clear visibility on eliminating $15 million in stranded costs by year-end, with accumulation expected more in the latter half of the year [29] Question: Performance Materials and auto production assumptions - Management expects stable auto production with potential upside if supply chain issues improve, particularly in North America [36] Question: Peak margins for new segments - Management anticipates maintaining EBITDA margins above 50% for Performance Materials and expects mid-teens margins for Performance Chemicals [46] Question: Seasonal EBITDA recognition for Pavement Technologies - Approximately 90% of annual EBITDA for Pavement Technologies is expected to be recognized in Q2 and Q3 due to seasonality [48]