Waste Management
Q4 2022 Earnings Call
Feb 01, 2023, 10:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good day and thank you for standing by. Welcome to the WM fourth-quarter 2022 earnings conference call. At this time, all participants are in a listen-only mode. After the speakers presentation, there will be a question-and-answer session.[Operator instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your speaker today, Ed Egl, senior director of investor relations.
Ed Egl -- Senior Director, Investor Relations
Thank you, Josh. Good morning, everyone, and thank you for joining us for our fourth-quarter 2022 earnings conference call. With me this morning are Jim Fish, president and chief executive officer; John Morris, executive vice president, chief operating officer; Devina Rankin, executive vice president and chief financial officer; and Tara Hemmer, senior vice president and chief sustainability officer. During their prepared comments, Jim will cover high-level financials and provide a strategic update.
John will cover an operating overview, and Devina will cover the details of the financials. Following comments, Jim, John, and Devina will be available to answer questions. Before we get started, please note that we have filed a Form 8-K this morning that includes the earnings press release and is available on our website at www.wm.com. In addition, we have published a supplemental presentation with additional information about our multiyear plan for investments in our renewable energy and recycling businesses, and it is also available on our Form 8-K and our website at investors.wm.com.
The Form 8-K, the press release, the supplemental presentation, and the schedules in the press release included important information. During the call, you'll hear forward-looking statements which are based on current expectations, projections, or opinions about future periods. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Some of these risks and uncertainties are discussed in today's press release and our filings with the SEC, including our most recent Form 10-K.
Jim will discuss our results in the areas of yield and volume, which, unless otherwise stated, are more specifically references to internal revenue growth or IRG from yield or volume. During the call, Jim, John and Devina will discuss operating EBITDA, which is income from operations before depreciation and amortization. Any comparisons, unless otherwise stated, will be with the fourth quarter of 2021. Net income, EPS, operating EBITDA and margin and SG&A expense results have been adjusted to enhance comparability by excluding certain items that management believes do not reflect our fundamental business performance or results of operations.