EnPro Industries, Inc. (NYSE:NPO) Q3 2022 Results Conference Call November 1, 2022 8:30 AM ET
Company Participants
James Gentile - VP, IR
Eric Vaillancourt - CEO
Milt Childress - CFO
Conference Call Participants
Jeff Hammond - KeyBanc Capital Markets
Steve Ferazani - Sidoti
Ian Zaffino - Oppenheimer
Operator
Greetings, and welcome to the EnPro Industries' Third Quarter 2022 Earnings Review Conference. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, James Gentile, Vice President, Investor Relations. Thank you. Please go ahead.
James Gentile
Thank you, Donna, and good morning, everyone. Welcome to EnPro's Third Quarter 2022 Earnings Conference Call. I'll remind you that our call is being webcast at enproindustries.com, where you can find the presentation that accompanies this call. With me today is Eric Vaillancourt, our President and Chief Executive Officer; and Milt Childress, Executive Vice President and Chief Financial Officer.
Please note that in the third quarter of 2022, the Engineered Materials segment has been classified as a discontinued operation following the early September announcement to divest the remaining Engineered Materials businesses, GGB and GPT both of which are expected to close this month. All financial information discussed in this conference call is based on the continuing operations of EnPro, which exclude the Engineered Materials segment.
Included in the press release are schedules showing quarterly recasted financial data based on continuing operations since the first quarter of 2021. Before we continue today's discussion, a friendly reminder that we will be making forward-looking statements on this call that are not historical facts. These statements involve a number of risks and uncertainties, including those described in our filings with the SEC, including our most recent Form 10-K and Form 10-Q.
Also during the call, we will reference a number of non-GAAP financial measures, tables reconciling these measures to the comparable GAAP measures are included in the appendix in the presentation materials. Also note that during this call, we will be providing full year guidance which excludes changes in the numbers of shares outstanding, impacts from future acquisitions, dispositions and related transaction costs, restructuring costs incremental impacts of inflation, geopolitical variables and trade tensions on market demand and costs subsequent to the end of the third quarter.
The impact of foreign exchange rate changes subsequent to the end of the third quarter, interest rate increases differing from assumptions outlined in guidance, impacts from further spread of COVID-19 or other variants and environmental and litigation charges. We do not undertake any obligation to update these forward-looking statements. And now it is my pleasure to turn the call over to Eric.