RPT Realty (NYSE:RPT) Q4 2022 Earnings Conference Call February 16, 2023 9:00 AM ET

Company Participants

Craig Benigno - Senior Analyst, Investor Relations

Brian Harper - President and CEO

Mike Fitzmaurice - CFO

Conference Call Participants

Todd Thomas - KeyBanc Capital Markets

Wes Golladay - Baird

Conor Peaks - Deutsche Bank

R.J. Milligan - Raymond James

Hong Zhang - JPMorgan

Floris Van Dijkum - Compass Point

Linda Tsai - Jefferies

Lizzy Doykan - Bank of America

Operator

[Starts Abruptly] Fourth Quarter 2022 Earnings Conference Call. At this time all participants’ are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Craig Benigno, Senior Analyst, Investor Relations. Thank you, sir. You may begin.

Craig Benigno

Good morning and thank you for joining us for RPT's fourth quarter 2022 earnings conference call. At this time, management would like me to inform you that certain statements made during this conference call, which are not historical, may be deemed forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

Additionally, statements made during the call are made as of the date of this call. Listeners to any replay should understand that the passage of time by itself will diminish the quality of the statements made. Although we believe that the expectations reflected in any forward-looking statements are based on reasonable assumptions, factors and risks could cause actual results to differ from expectations. Certain of these factors are described as risk factors in our annual report on Form 10-K for the fiscal year ended December 31, 2022, that will be filed later today and in our earnings release for the fourth quarter 2022.

Certain of these statements made on today's call also involve non-GAAP financial measures. Listeners are directed to our fourth quarter 2022 press release, which includes definitions of those non-GAAP measures and reconciliations to the nearest GAAP measures and which are available on our website in the Investors section.

I would now like to turn the call over to President and CEO, Brian Harper; and CFO, Mike Fitzmaurice, for their opening remarks, after which, we will open the call for questions.

Brian Harper

Thank you, Craig. Good morning and thank you for joining our call today. The start of 2022, uncertainty around the economic environment, specifically inflation, began to take shape. It was only a matter of time before inflation took over the headlines. As I say often to the team: control the controllables, act with urgency and turn risk into opportunity. Simply put, play offense.