Tricon Residential Inc. (NYSE:TCN) Q3 2022 Results Conference Call November 9, 2022 11:00 AM ET

Company Participants

Wojtek Nowak - MD, Capital Markets

Gary Berman - President, CEO

Wissam Francis - CFO

Jonathan Ellenzweig - CIO

Kevin Baldridge - COO

Andrew Joyner - ND, Investments

Conference Call Participants

Adam Kramer - Morgan Stanley

Brad Sturges - Raymond James

Brad Heffern - RBC Capital Markets

Chandni Luthra - Goldman Sachs

Jade Rahmani - KBW

Mario Saric - Scotiabank

Nicholas Joseph - Citi

Stephen MacLeod - BMO Capital Markets

Tal Woolley - National Bank Financial.

Operator

Good morning. My name is Colby, and I will be your conference operator today. At this time, I would like to welcome everyone to the Tricon Residential's Third Quarter 2022 Analyst Conference Call. [Operator Instructions]

I would now like to hand the conference over to your speaker today, Wojtek Nowak, Managing Director of Capital Markets. Thank you. Please go ahead.

Wojtek Nowak

Thank you, Colby. Good morning, everyone, and thank you for joining us to discuss Tricon's third quarter results for the 3 and 9 months ended September 30, 2022, which were shared in the news release distributed yesterday.

I'd like to remind you that our remarks and answers to your questions may contain forward-looking statements and information. This information is subject to risks and uncertainties that may cause actual events or results to differ materially. For more information, please refer to our most recent management's discussion and analysis and Annual Information Form, which are available on SEDAR, EDGAR and our company website as well as the supplementary package on our website.

Our remarks also include references to non-GAAP financial measures, which are explained and reconciled in our MD&A. I would also like to remind everyone that all figures are being quoted in U.S. dollars unless otherwise stated. Please note that this call is available by webcast on our website, and a replay will be accessible there following the call. Lastly, please note that during this call, we will be referring to a slide presentation that you can follow along by joining our webcast or you can access directly through our website. You can find both the webcast registration and the presentation in the Investors section of triconresidential.com under News & Events.

With that, I will turn the call over to Gary Berman, President and CEO of Tricon.

Gary Berman

Thank you, Wojtek. Good morning, and welcome, everyone. I hope you're all doing well. Let me start by saying that we are living through some unprecedented times with geopolitical and financial experiments that have yet to run their course. But from where we sit today, this looks a lot more like a Wall Street recession than a Main Street recession. I would never suggest that we are a mean to macro-economic trends. But as we've seen in the past and continue to see, the demand for our high-quality professionally managed rental homes remains incredibly strong. Our business continues to be resilient and defensive, and I'm pleased to report that we delivered another solid quarter.