Trinity Industries, Inc. (NYSE:TRN) Q2 2022 Earnings Conference Call July 27, 2022 8:30 AM ET
Company Participants
Leigh Anne Mann - VP of IR
Jean Savage - CEO and President
Eric Marchetto - CFO
Conference Call Participants
Matt Elkott - Cowen
Bascome Majors - Susquehanna
Brady Lierz - Stephens
Gordon Johnson - GLJ
Operator
Good day and welcome to Trinity Industries Second Quarter Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note, today's event is being recorded.
Before we get started let me remind you that today's conference call contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 and includes statements as to estimates, expectations, intentions and predictions of future financial performance. Statements that are not historical facts are forward-looking. Participants are directed to Trinity's Form 10-K and other SEC filings for a description of certain of the business issues and risks, a change in any of which could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements.
I would now like to turn the conference over to Leigh Anne Mann, Vice President of Investor Relations. Please go ahead.
Leigh Anne Mann
Thank you, operator. Good morning, everyone. We appreciate you joining us for the company's second quarter 2022 financial results conference call. Our prepared remarks will include comments from Jean Savage, Trinity's Chief Executive Officer and President, and Eric Marchetto, the Company's Chief Financial Officer. We will hold a Q&A session following the prepared remarks from our leaders.
During the call today, we will reference slides highlighting key points of discussion as well as certain non-GAAP financial metrics. The reconciliation of the non-GAAP metrics to comparable GAAP measures are provided in the Appendix of the supplemental slides, which are accessible on our Investor Relations website at www.trin.net. These slides can be found under the Events & Presentations portion of the website along with the Second Quarter Earnings Conference Call event link.
A replay of today's call will be available after 10:30 AM Eastern Time through midnight on August 3, 2022. Replay information is available under the Events & Presentations page on our Investor Relations website.
It is now my pleasure to turn the call over to Jean.
Jean Savage
Thank you, Leigh Anne, and good morning everyone.
As you will hear in our remarks this morning, we think that today's results are proof that our hard work is paying off and we are seeing improvement around our business and we see utilization renewal rates and the FLRD are all up, sequentially. Margins have improved and our lease fleet continues to be optimized to meet changing demand in the markets we serve.