Watts Water Technologies, Inc. (NYSE:WTS) Q3 2022 Earnings Conference Call November 3, 2022 9:00 AM ET
Company Participants
Diane McClintock - SVP, FP&A and IR
Robert Pagano - Chairman & President, CEO
Shashank Patel - CFO
Conference Call Participants
Jeffrey Hammond - KeyBanc Capital Markets
Tristan Margot - Cowen & Company
Brian Lee - Goldman Sachs
Nathan Jones - Stifel, Nicolaus & Company
Michael Halloran - Robert W. Baird & Co.
Ryan Connors - Northcoast Research
Operator
Ladies and gentlemen, thank you for standing by. My name is Brent, and I will be your conference operator today. At this time, I would like to welcome everyone to the Watts Water Technologies, Inc. Third Quarter 2022 Earnings Call. [Operator Instructions].
It is now my pleasure to turn today's call over to Diane McClintock, Senior Vice President of Investor Relations. Ma'am, please go ahead.
Diane McClintock
Thank you, and good morning, everyone. Welcome to our third quarter earnings conference call. Joining me today are Bob Pagano, President and CEO; and Shashank Patel, our CFO.
During today's call, Bob will provide an overview of the third quarter and update you on our end markets and our operations. Shashank will discuss the details of our third quarter performance and provide our initial outlook for the fourth quarter and for the full year. Following our remarks, we will address questions related to the information covered during the call.
Today's webcast is accompanied by a presentation, which can be found in the Investor Relations section of our website. We will reference this presentation throughout our prepared remarks. Any reference to non-GAAP financial information is reconciled in the appendix to the presentation.
Before we begin, I'd like to remind everyone that during this call, we may be making certain comments that constitute forward-looking statements. These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially. For information concerning these risks, see Watts' publicly available filings with the SEC. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
With that, I will now turn the call over to Bob.
Robert Pagano
Thank you, Diane, and good morning, everyone. Please turn to Slide 3, and I'll provide an overview of our Q3 performance. I would like to start by thanking the entire Watts Water team who have continued to execute and provide outstanding service to our customers despite escalating inflation, supply chain challenges and labor shortages. I would also like to express my sympathy and support to our colleagues in Southern Florida, who have suffered significant losses in the wake of Hurricane Ian. Although our site in Fort Myers did not sustain significant damage, many of our employees were impacted, and we are providing them with support.