Red Robin Hires Long-Time Bloomin’ Exec as CFO
Red Robin announced the appointment of Mark Graff, a former Bloomin’ Brands executive, as its new chief financial officer effective May 4, 2026. Graff previously oversaw Bloomin’s $900 million Bonefish Grill and fine‑dining segment across more than 220 locations, giving him experience with a scale comparable to Red Robin’s roughly 500 restaurants. The hire concludes a five‑month search and follows the brand’s shift from the North Star turnaround to the First Choice initiative, which emphasizes partial refranchising, cost cuts, and strategic investments. Graff will replace interim CFO Chris Meyer, who stepped in after Todd Wilson’s departure.
Tax Considerations CFOs Need to Factor Into Tariff Refund Planning
The U.S. Supreme Court ruled the International Emergency Economic Powers Act cannot be used to impose tariffs, prompting the Court of International Trade to order Customs and Border Protection to refund unlawfully collected duties. Phase 1 of the refund program has...
TMTB Morning Wrap; Google, Amazon, MSFT, META KLAC EQIX & More Earnings Roundups
The earnings season highlighted AI and compute as the dominant theme, with Google delivering the cleanest results—search up 19% and cloud revenue soaring 63%—while raising FY26 capex to $180‑190 billion and hinting at a steep FY27 increase. Amazon posted solid growth,...
Hammerson CFO Himanshu Raja to Retire
Hammerson plc announced that its chief financial officer, Himanshu Raja, will retire after a 40‑year finance career, including 15 years as a CFO of listed companies. Raja, who has steered Hammerson’s balance sheet through the post‑COVID recovery and the recent...
Greybull Stewardship Taps Kevin Mohr as CFO Operating Partner
Greybull Stewardship announced the appointment of Kevin Mohr as its new CFO operating partner. Mohr brings two decades of financial leadership from the U.S. Coast Guard, including roles as chief of financial analysis in Washington, D.C., and chief of waterways...
Mercedes-Benz Posts Lower Q1 Profit, Keeps Full-Year Outlook
Mercedes‑Benz Group reported Q1 2026 revenue of €31.6 bn ($36.9 bn), down 4.9% year‑on‑year, while EBIT fell 16.8% to €1.9 bn and net profit slipped 17.2% to €1.43 bn. Unit sales dropped 6% to 419,430 vehicles, but excluding China the figure rose 5%. Battery‑electric...
Puma Names Mark Langer CFO as Turnaround Gains Traction
Puma SE announced Mark Langer will assume the chief financial officer role on May 1, succeeding Markus Neubrand. The appointment comes as the German sportswear maker posted first‑quarter results that edged ahead of analyst forecasts, underscoring progress in its multi‑year turnaround...
Hammerson CFO Raja Announces Retirement
Hammerson CFO Himanshu Raja announced he will retire on 12 August, after five years steering the UK‑based REIT’s turnaround. Deputy CFO Richard Shaw will serve as interim CFO while the board launches a formal search for a permanent replacement. Raja will...
Kier Turnaround CFO to Join SIG
Simon Kesterton, who spent six years guiding Kier through its most significant financial reset in a generation, has been appointed chief financial officer of SIG. He left Kier after tightening cash discipline, overhauling IT systems and revamping procurement processes, leaving...
Investors Want Capex to Translate Into Cloud Revenue
4 earnings calls landed after the bell tonight, and the market sorted them in under an hour. Every one of them beat Wall Street estimates. None of that mattered as much as one question: can you show me where the...
Pebblebrook Q2 2025 Earnings Beat Forecast, Highlights AI Pilot for Property Management
Pebblebrook Hotel Trust (PEB) reported adjusted EBITDA of $117 million and adjusted FFO of $0.65 per share for Q2 2025, both topping guidance. Management pointed to robust RevPAR gains in key urban markets and a new AI‑enabled productivity pilot aimed at cutting...
Clearwater Paper's Augusta Acquisition Drives 46% Sales Surge, Boosts Q1 EBITDA
Clearwater Paper Corp. reported a 46% jump in Q1 2025 net sales to $378 million and adjusted EBITDA more than double to $30 million, crediting the recent Augusta acquisition. The deal lifted full‑year revenue guidance and sparked a cost‑reduction program, underscoring a...
Two Harbors Posts $80.2M Loss After $375M Litigation Settlement, Shifts Credit Strategy
Two Harbors Investment Corp (NYSE:TWO) posted a $80.2 million comprehensive loss for Q3 2025 after paying a $375 million litigation settlement and selling $19.1 billion of mortgage‑servicing‑rights (MSR) assets. The firm’s cash fell to $770.5 million, its expense ratio rose, and management outlined a pivot...
AllianceBernstein Posts $871 M Q1 Revenue, CFO Simeone Flags $100 B Merger Asset Boost
AllianceBernstein announced first‑quarter net revenues of $871 million, a 4% year‑over‑year rise, while CFO Thomas Simeone highlighted the firm’s ability to manage at least $100 billion of additional assets after the Equitable‑Corebridge merger. The earnings release also showed mixed flows, margin pressure...
Belden Inc (BDC) Q1 2026 Earnings Call Transcript
Belden Inc. reported record Q4 2025 revenue of $720 million, an 8% year‑over‑year increase, and an all‑time high adjusted EPS of $2.08. Full‑year 2025 results also set new highs with $2.7 billion in revenue (10% growth) and adjusted EPS of $7.54,...
Southern Co (SO) Q1 2026 Earnings Call Transcript
Southern Company raised its five‑year base capital plan by $13 billion to $76 billion, driven by $12 billion of state‑regulated generation projects and an $800 million wind‑repowering program. A settlement in Georgia extended the 2022 alternate rate plan, eliminating a 2025 base‑rate case and...
Acadian Asset Management Inc (AAMI) Q1 2026 Earnings Call Transcript
Acadian Asset Management reported a record $177.5 billion in assets under management, a 52% jump from the prior year, driven by strong net client cash flows and robust management fee growth. While US GAAP net income and EPS fell due to...
Phathom Pharmaceuticals Inc (PHAT) Q1 2026 Earnings Call Transcript
Phathom Pharmaceuticals reported Q4 2025 results that hit the top of its guidance, delivering $57.6 million in quarterly revenue—a 16% sequential increase—and $175.1 million for the full year, up 217% year‑over‑year. Cash operating expenses fell roughly 50% versus peak quarters, limiting net...
Monolithic Power Systems Inc (MPWR) Q1 2026 Earnings Call Transcript
Monolithic Power Systems reported record full‑year revenue of $2.8 billion, a 26.4% increase year‑over‑year, and quarterly revenue of $751.2 million, up 20.8% YoY. Management lifted its enterprise data growth outlook, setting a 50% floor for 2025, while the automotive segment surged 43%...
Matthews International Corp (MATW) Q2 2026 Earnings Call Transcript
Matthews International reported a transformed balance sheet in Q1 FY2026, achieving a leverage ratio below 3x after divesting its warehouse automation business for $225 million and selling Saueressig for $41 million. Net debt fell to $506 million, and pension liabilities were slashed to...
Caterpillar Inc (CAT) Q1 2026 Earnings Call Transcript
Caterpillar reported a 5% drop in quarterly sales to $16.2 billion, driven by lower volume and weaker price realization, while its adjusted operating margin slipped to 18.3%. The company posted adjusted earnings of $5.14 per share and generated $3 billion of ME&T...
CRH PLC (CRH) Q1 2026 Earnings Call Transcript
CRH plc reported a resilient first‑half 2020 performance despite a 3% drop in like‑for‑like sales. EBITDA reached $1.6 billion, a 2% increase year‑over‑year, while operating cash flow hit a record $1 billion. The group trimmed fixed costs and capital expenditures by $200 million...
A O Smith Corp (AOS) Q1 2026 Earnings Call Transcript
A. O. Smith reported record 2025 earnings, posting EPS of $3.85—a 6% increase—driven by higher commercial water‑heater and boiler volumes and stronger water‑treatment margins. Total sales rose modestly to $3.8 billion, offset by a 12% decline in China after subsidy cuts....
Pro-Dex Inc (PDEX) Q3 2026 Earnings Call Transcript
Becton Dickinson reported Q3 fiscal 2025 revenue of $5.5 billion, up 8.5% year‑over‑year and 3% organically, while adjusted gross margin rose to 54.8% and adjusted EPS reached $3.68, beating expectations. The company announced a definitive agreement to divest its Biosciences and...
IRhythm Holdings, Inc (IRTC) Q1 2026 Earnings Call Transcript
iRhythm reported Q2 2025 revenue of $186.7 million, up 26.1% year‑over‑year, driven by strong long‑term monitoring sales, Zio AT growth, and innovative channel partners. The company lifted its full‑year 2025 non‑GAAP revenue outlook to $720‑$730 million and raised adjusted EBITDA margin guidance to...
Acres Commercial Realty Corp (ACR) Q1 2026 Earnings Call Transcript
Acres Commercial Realty Corp reported a $1 billion CRE securitization that lifted GAAP leverage to 3.4 times and expanded its loan portfolio by $374.4 million to $2.2 billion across 60 assets. Book value per share rose to $29.98, a 66 % increase since 2020, while...
Intercontinental Exchange Inc (ICE) Q1 2026 Earnings Call Transcript
Intercontinental Exchange reported a record 2025 with adjusted EPS of $6.95, a 14% increase, and net revenues of $9.9 billion, up 6%. The company exceeded Black Knight acquisition synergies, delivering $230 million annually and raising the 2028 target to $275 million. Volume metrics...
Wayfair Inc (W) Q1 2026 Earnings Call Transcript
Wayfair reported fourth‑quarter 2025 revenue growth of 6.9% year‑over‑year, or 7.8% when excluding the Germany exit, driven by strong U.S. demand and higher average order values. Adjusted EBITDA more than doubled to $224 million, representing 6.7% of net revenue, while contribution...
Alliant Energy Corp (LNT) Q1 2026 Earnings Call Transcript
Alliant Energy reported 2025 ongoing EPS growth of $0.18, outpacing the midpoint of its guidance and extending a decade‑long 6%+ earnings trajectory. The utility raised its dividend for the 22nd straight year while confirming 2026 earnings guidance and a 7%+...
LKQ Corp (LKQ) Q1 2026 Earnings Call Transcript
LKQ Corp reported Q1 2026 revenue of $3.3 billion, a 2.7% year‑over‑year increase, while diluted EPS fell to $0.29 due to a $52 million goodwill impairment in its Specialty segment. Adjusted diluted EPS was $0.59, and free cash flow reached $847 million for...
Mohawk Industries Inc (MHK) Q1 2026 Earnings Call Transcript
Mohawk Industries reported Q1 2026 net sales of $2.7 billion, up 2.4% on a reported basis but down 3.3% in constant currency, reflecting mixed global demand. Adjusted earnings per share rose 3% to $2.00, driven by productivity gains, restructuring savings and...
Exponent Inc (EXPO) Q1 2026 Earnings Call Transcript
Exponent Inc. posted a strong first‑quarter 2026, with total revenues climbing 14% to $166.3 million and EBITDA rising 15% to $43.1 million, lifting the margin to 28.4% of net revenues. Billable hours increased 6% and utilization improved to 76%, reflecting higher demand...
DTE Energy Co (DTE) Q1 2026 Earnings Call Transcript
DTE Energy announced a leadership change, with President Joi Harris becoming CEO on September 8 and Chairman Jerry Norcia moving to Executive Chairman. The company reaffirmed its 2025 operating EPS guidance of $7.09‑$7.23 and a $4.36 annualized dividend, targeting the high...
Patrick Industries Inc (PATK) Q1 2026 Earnings Call Transcript
Patrick Industries posted Q1 2026 net sales of $924 million, a 9% year‑over‑year increase, while adjusted EPS reached $0.84 despite $0.06 per share dilution from convertible notes. The company generated $246 million of free cash flow, funded $122 million of acquisitions and...
Tanger Inc (SKT) Q1 2026 Earnings Call Transcript
Tanger Inc. reported full‑year core FFO of $2.33 per share, a 9.4% increase year‑over‑year, driven by record leasing activity and solid same‑center NOI growth. Occupancy rose to 98.1% and the company leased over 3 million square feet, the highest in its...
CNX Resources Corp (CNX) Q1 2026 Earnings Call Transcript
CNX Resources outlined a front‑loaded 2026 capital plan, allocating roughly 60% of annual CapEx to the first half while maintaining a flat production outlook for the year. The Deep Utica program will complete five laterals at an average cost of...
Darling Ingredients Inc (DAR) Q1 2026 Earnings Call Transcript
Darling Ingredients reported a strong Q1 2026, with combined adjusted EBITDA of $407 million, more than double the year‑ago quarter, driven by robust performance in its core ingredients and Diamond Green Diesel (DGD) segments. Net sales rose to $1.6 billion and gross margin...
Smurfit WestRock PLC (SW) Q1 2026 Earnings Call Transcript
WestRock reported record packaging sales in Q4 2020, with volumes up 6.9% sequentially and $4.5 billion in revenue. Adjusted free cash flow reached $630 million, enabling a $578 million reduction in net debt for the quarter and over $800 million for the full year....
ADT Inc (ADT) Q1 2026 Earnings Call Transcript
ADT Inc. posted full‑year 2025 revenue of $5.1 billion, a 5% increase, and adjusted EBITDA of $2.68 billion, up 4%. Adjusted earnings per share rose 19% to $0.89, while free cash flow grew 16% and the company returned nearly $800 million to shareholders....
Park Hotels & Resorts Inc (PK) Q1 2026 Earnings Call Transcript
Park Hotels & Resorts reported a strong 2025 finish, completing over $120 million of non‑core hotel sales at a 21‑times EBITDA multiple and investing roughly $300 million in capital projects. Core portfolio RevPAR rose 3.2% in Q4 (5.7% excluding Royal Palm) while...
Willis Towers Watson PLC (WTW) Q1 2026 Earnings Call Transcript
Willis Towers Watson reported 5% organic revenue growth for the full year, surpassing its mid‑single‑digit target, while adjusted operating margin expanded 130 basis points to 25.2%. Adjusted diluted EPS rose 13% on a comparable basis, and free cash flow reached...
PBF Energy Inc (PBF) Q1 2026 Earnings Call Transcript
PBF Energy disclosed that the COVID‑19 pandemic forced its refineries to run at historically low utilization, prompting a $1.8 billion liquidity raise and an aggressive cost‑reduction program. The company completed an East Coast reconfiguration that should save $150 million annually and contributed...
Xerox Holdings Corp (XRX) Q1 2026 Earnings Call Transcript
Xerox Holdings reported Q1 2026 revenue of $2.03 billion, a 26% increase in actual currency but a 9% decline on a pro‑forma basis after accounting for recent acquisitions. Adjusted operating margin slipped to 5% and free cash flow fell to $184 million,...
Hamilton Insurance Group Ltd (HG) Q1 2026 Earnings Call Transcript
Hamilton Insurance Group reported record Q4 2025 results, posting $577 million net income—a 44% year‑over‑year rise—and a 22% return on average equity. Gross premiums written hit $2.9 billion, up 21%, while the combined ratio improved to 92.9% overall and 87% in the...
Sinclair Inc (SBGI) Q1 2026 Earnings Call Transcript
Sinclair Inc. reported Q1 2026 revenue of $836 million, a drop from $1.0 billion driven primarily by a steep decline in political advertising. Core advertising rebounded 14% year‑over‑year, boosted by live‑sports demand and the Digital Remedy acquisition. Management highlighted early signs...
ConocoPhillips (COP) Q1 2026 Earnings Call Transcript
ConocoPhillips wrapped 2025 with strong financial results, highlighting the successful Marathon Oil integration that doubled planned synergies and eliminated the Marathon capital program. The company generated $4.3 billion of operating cash flow, returned $9 billion to shareholders, and cut net debt by...
Alphabet Exceeds $100 Billion In Q1 And Its Profits Almost Doubled
Alphabet reported a record $109.9 billion in first‑quarter revenue, up from $90.2 billion a year earlier, while net income surged to $62.6 billion, almost double the prior year’s profit. The growth comes despite a modest decline in the Google Network ad segment, which...
GOOG CFO Predicts Capex Surge, Likely 20‑30% Rise
$GOOG CFO says capex in 2027 will increase "substantially" over 2026. Street is expecting up 10%. My take: I bet it's up 20-30% next year.
Meta Q1 2026 Earnings: AI Capex Raised to $145B
Meta reported Q1 2026 revenue of $56.31 billion, up 33% year‑over‑year, and net income of $26.77 billion, beating analyst forecasts. The company raised its full‑year capital‑expenditure outlook to a range of $125 billion‑$145 billion, citing higher component costs and additional data‑center spend for future...
Markel Corporation Q1 2026 Earnings Call Summary
Markel Corp is deepening its "business of businesses" model by giving 14 profit‑center heads more authority, while deliberately shrinking gross written premiums by 21% after exiting Global Re and moving Hagerty to a fronting structure. Underwriting quality rose, with the...