Axalta Coating Systems Ltd. (NYSE:AXTA) Q4 2022 Earnings Conference Call January 26, 2023 9:00 AM ET
Company Participants
Chris Evans - Vice President, Investor Relations
Rakesh Sachdev - Non-Executive Board Chair
Chris Villavarayan - Chief Executive Officer and President
Sean Lannon - Chief Financial Officer
Conference Call Participants
Christopher Parkinson - Mizuho Securities
John McNulty - BMO Capital Markets
Ghansham Panjabi - Robert W. Baird
Vincent Andrews - Morgan Stanley
Alex Yefremov - KeyBanc Capital Markets
Jeff Zekauskas - J.P. Morgan
Mike Leithead - Barclays Capital
Steve Byrne - Bank of America
Kevin McCarthy - Vertical Research Partners
John Roberts - Credit Suisse
David Begleiter - Deutsche Bank
Mike Sison - Wells Fargo
PJ Juvekar - Citi
Josh Spector - UBS
Operator
Hello, and welcome to the Axalta Coating Systems' Fourth Quarter and Full-Year 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
It's now my pleasure to turn the call over to Chris Evans, Vice President, Investor Relations. Please go ahead, Chris.
Chris Evans
Thank you, and good morning. This is Chris Evans, VP of Investor Relations. We appreciate your continued interest in Axalta and welcome you to our fourth quarter and full-year 2022 financial results conference call. Joining me today is Rakesh Sachdev, Non-Executive Board Chair; Chris Villavarayan, CEO and President; and Sean Lannon, CFO.
Yesterday afternoon, we released our quarterly and full-year financial results, and posted a slide presentation along with commentary to the Investor Relations section of our Web site at axalta.com, which we will be referencing during this call.
Our prepared remarks, the slide presentation, and our discussion today may contain forward-looking statements, reflecting the company's current view of future events and their potential effect on Axalta's operating and financial performance. These statements involve uncertainties and risks, and actual results may differ materially from those forward-looking statements. Please note that the company is under no obligation to provide updates to these forward-looking statements.
Our remarks, the slide presentation, and our discussion may also contain various non-GAAP financial measures. In the Appendix to the slide presentation, we've included reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures. For additional information regarding forward-looking statements and non-GAAP financial measures, please refer to our filings with the SEC.
I will now turn the call over to Rakesh.
Rakesh Sachdev
Thank you, Chris. And welcome, everyone, to our fourth quarter and full-year 2022 earnings call. Let me begin by expressing my appreciation to the team for delivering another strong quarter. The company showed substantial improvement in profitability, most notably in our Mobility Coatings segment, and achieved earnings near the top of our fourth quarter guidance range, setting us on a positive trajectory into 2023.