Latest news with #MichaelMiller
Bloomberg
5 days ago
- Business
- Bloomberg
Genesee & Wyoming - The Little Rail that Does: Talking Transports
Short line railroads are critical and sometimes underappreciated part of local, national and global supply chains. They provide first mile and last mile services to connect shippers and extend Class I rails' reach. In this Talking Transports podcast, Michael Miller, the CEO of Genesee & Wyoming, joins Lee Klaskow, Bloomberg Intelligence senior transportation and logistics analyst, to share his insights about the evolution of the company from a consolidator to an organization focused on organic growth and how it benefits from being a private company and investing through the cycle. Miller also talks railroad demand, consolidation, regulations, technology, pricing, free cash flow, tariffs and how his wife got him into railroading.
Yahoo
30-06-2025
- Business
- Yahoo
5 Revealing Analyst Questions From Installed Building Products's Q1 Earnings Call
Installed Building Products' first quarter results drew a negative market response as profit margins and non-GAAP earnings per share fell short of Wall Street expectations, despite revenue coming in ahead of consensus. Management attributed the softer results to lower installation volumes in core residential markets, driven by challenging housing affordability and a slower start to the spring selling season. CEO Jeffrey Edwards cited weather disruptions and one fewer selling day as further obstacles, particularly in new single-family installation work. On the profit side, higher vehicle insurance, depreciation, and administrative costs weighed on margins, and CFO Michael Miller noted that fixed and lagging variable costs became more pronounced as volumes declined. Is now the time to buy IBP? Find out in our full research report (it's free). Revenue: $684.8 million vs analyst estimates of $674.4 million (1.2% year-on-year decline, 1.5% beat) Adjusted EPS: $2.08 vs analyst expectations of $2.20 (5.5% miss) Adjusted EBITDA: $102.4 million vs analyst estimates of $107.6 million (15% margin, 4.9% miss) Operating Margin: 10.2%, down from 12.7% in the same quarter last year Organic Revenue fell 4.2% year on year (2.9% in the same quarter last year) Market Capitalization: $4.9 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Stephen Kim (Evercore ISI) asked about labor management in a weak demand environment. CFO Michael Miller explained that install labor adjusts with job volumes, while further G&A reductions are planned for the rest of the year. Michael Rehaut (JPMorgan) inquired about trends across builder types and regions. Miller noted regional/local builders outperformed public builders, and strength varied geographically, with Texas and the West Coast remaining solid. Susan Maklari (Goldman Sachs) questioned gross margin drivers and future outlook. Miller cited higher fleet expenses and a segment mix shift as margin pressures, with expectations for continued headwinds through 2025. Phil Ng (Jefferies) asked about the resilience of price/mix and SG&A reduction opportunities. Miller indicated that pricing remains stable due to carryover increases, and at least $15 million in cost savings are targeted in G&A, with impacts expected later in the year. Adam Baumgarten (Zelman & Associates) explored material pricing and branch consolidation. Management said material prices are stable unless volumes fall sharply, and ongoing efforts to consolidate branches should yield incremental cost savings. In the coming quarters, our analysts will closely watch (1) signs of stabilization or improvement in residential installation volumes, (2) the pace and financial impact of cost reduction initiatives across general and administrative functions, and (3) continued momentum in heavy commercial project wins, especially data center construction. Acquisition activity and successful integration, as well as any shifts in housing affordability trends, will also serve as important indicators of Installed Building Products' execution against its strategic priorities. Installed Building Products currently trades at $178.56, up from $163.94 just before the earnings. Is there an opportunity in the stock?The answer lies in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CBS News
28-06-2025
- CBS News
One man killed in Washington County crash
One man has died following a single-vehicle crash Friday night in Hanover Township, Washington County. According to Washington County Coroner Tim Warco, Michael Miller, 28, was the only person in his car when it went off the road on State Route 22 and collided with a tree. A passing motorist called Washington County 911 just before 9:30 p.m. to report the incident. Miller was not wearing a seatbelt at the time of the accident, Coroner Warco added. State police are investigating.
ABC News
19-06-2025
- ABC News
Boodjamulla National Park (Lawn Hill) set to reopen after devastating floods
Almost two and a half years after severe flooding caused its closure, Boodjamulla National Park (Lawn Hill) is set to reopen. The iconic outback destination gained international fame during a 2018 Super Bowl advertisement. The park encompasses the Riversleigh fossil deposit, heralded by Sir David Attenborough as one of the great wonders of the palaeontological world. People from far and wide visited the park every year, but in March 2023 the Gregory River flooded, tearing through trees and tourist infrastructure. Now, after a multi-million-dollar restoration, the national park will reopen on July 4, just in time to catch the outback tourist season. The Boodjamulla Cooperative Management Council, comprised of the Department of the Environment, Tourism, Science and Innovation and the Waanyi Native Title Aboriginal Corporation, has been working since to reopen the park since the flood. Principal ranger Marnie Augusteyn said the Queensland government had put almost $13 million toward the effort. "The funding includes an investment of $6.7 million for repairs and the construction of new visitor infrastructure within the Lawn Hill Gorge section," she said. "We're also investing $6.1 million for reconstruction work on water treatment, sewage management, power supply and flood resilience work into our ranger residences." Waanyi Native Title Aboriginal Corporation chief executive Michael Miller said he was on country recently to inspect the progress. "On behalf of the Waanyi Native Title Aboriginal Corporation, we welcome visitors back to the national park," he said. "This is our backyard, and please treat it with the same respect that you would your own backyard. "Please pay attention to restricted access areas for your own safety and pay respect to our culture." Mr Miller said elder Everyl Johnny will personally welcome visitors to the gorge and give insight into Waanyi culture. Tourism Tropical North Queensland chief executive Mark Olsen said the Lawn Hill Gorge section of Boodjamulla National Park is an iconic location. "Reopening Boodjamulla National Park for winter will provide a much needed boost to the North West and the communities along the Savannah Way that have faced difficult times over the past three years," he said. In early 2023 catastrophic floods hit the Gulf of Carpentaria. In the 48 hours to March 9, 533 millimetres of rain fell on the Nicholson, Gregory and Leichhardt river catchments. The Gregory River peaked at 18 metres, far above the previous 1971 record of 10.8m. In Boodjamulla National Park trees were flattened, rockslides were triggered and park facilities such as cabins and walking tracks were destroyed. Rangers were concerned the cultural heritage sites of the Waanyi people had also been damaged. Boodjamulla includes the Riversleigh World Heritage Site, described by UNESCO as one of the world's greatest fossil sites. Its specimens date back 30 million years.
Vancouver Sun
16-06-2025
- Business
- Vancouver Sun
Sold Bought: Beach Avenue apartment offers stunning water views
Weekly roundup of three properties that recently sold in Metro Vancouver. Type: Two-bedroom, three-bathroom apartment Size: 1,579 square feet B.C. Assessment: $2,408,000 Listed for: $2,749,000 Sold for: $2,618,000 Sold on: March 4 Days on market in this listing: Seven Listing agent: Michael Miller at Engel & Volkers Vancouver Buyers agent: Salina Kai PREC at Rennie & Associates Realty Stay on top of the latest real estate news and home design trends. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Westcoast Homes will soon be in your inbox. Please try again Interested in more newsletters? Browse here. The big sell: One of Beach Avenue's most distinctive buildings is the timber-clad Tudor Manor that was originally built as a three-level apartment complex in the 1920s before a 23-storey residential tower was constructed behind the refurbished facade in the late 1980s. This particular home has water views from Granville Island to English Bay, and is one of only two units on this floor. Renovated in 2018 by Rodrozen Design + Build, the suite shines with a custom kitchen, blue Cambria quartz countertops, imported Spanish porcelain tiles, radiant floor heating, a sumptuous primary ensuite with steam sauna shower, an ensuited second bedroom, a spacious den, a full laundry room, and intelligent home technology. The home comes with two side-by-side parking stalls, a storage locker, and a monthly maintenance fee of $1,215.54. Tudor Manor offers residents the use of a fitness centre, landscaped garden courtyard, and concierge services. Type: Five-bedroom, three-bathroom detached Size: 2,597 square feet B.C. Assessment: $2,071,100 Listed for: $1,975,000 Sold for: $1,895,000 Sold on: March 25 Days on market in this listing: Seven Listing agent: Shafik Ladha PREC at ReMax Westcoast Buyers agent: Garry Nip PREC at ReMax Crest Realty The big sell: This five-bedroom, three-bathroom house resides in West Richmond's Riverdale district with not only a spacious interior but a sizable 7,200-square-foot lot as well. The home was built in 1972 with a clever design that offers versatile accommodation with a fully-equipped one-bedroom suite on the ground floor, alongside an additional bedroom and laundry room that could be converted into a studio suite with separate entry. Upstairs, there are formal living and dining rooms, an open-concept kitchen with an eating area and access to a wraparound deck, a primary bedroom complete with ensuite and a walk-in closet, and two additional bedrooms served by a family bathroom. There are two brick-surround gas fireplaces, textured ceilings, and carpeted rooms. The rear garden is fenced and bordered by hedging, and there is a carport with a single garage behind. Type: Two-bedroom, two-bathroom apartment Size: 1,017 square feet B.C. Assessment: $1,145,000 Listed for: $1,278,800 Sold for: $1,265,000 Sold on: April 29 Days on market in this listing: 40 Listing agent: Stephen Morris at Oakwyn Realty Buyers agent: Robert Palm PREC at Rennie & Associates Realty The big sell: According to developer Cressey's website, the name of their 165-unit complex at the corner of Quebec Street and East 1st Avenue, Meccanica, was inspired by the replica Porsche roadsters that were previously built on this site. This upper-level southwest-facing home has a light-filled interior thanks to a ceiling height in excess of nine feet, engineered hardwood floors, a primary bedroom with a walk-in closet and ensuite bathroom with double sinks, a useful laundry/storage room, a solarium as well as a balcony, and a designer kitchen with high-gloss cabinetry, quartz counters, a built-in pantry, and eating bar. Listing agent Stephen Morris reports that more than $40,000 was spent in custom millwork to add extra style and functionality. Building amenities include a fully-equipped gym, rooftop deck, and a party room. This home comes with parking, a storage locker, and a monthly maintenance fee of $689.78. These transactions were compiled by Nicola Way of . Realtors — send your recent sales to nicola@
