Realogy Holdings Corp. (RLGY) Q1 2022 Earnings Conference Call April 28, 2022 8:30 AM ET

Company Participants

Alicia Swift – Senior Vice President-Financial Planning and Investor Relations

Ryan Schneider – Chief Executive Officer and President

Charlotte Simonelli – Executive Vice President, Chief Financial Officer and Treasurer

Conference Call Participants

Ryan McKeveny – Zelman & Associates

Anthony Paolone – J.P. Morgan

John Campbell – Stephens

Matthew Bouley – Barclays

Tommy McJoynt – KBW

Justin Ages – Berenberg Capital Markets

Kwaku Abrokwah – Goldman Sachs

Operator

Good morning, and welcome to the Realogy Holdings Corp First Quarter 2022 Earnings Conference Call via webcast. Today's call is being recorded, and a written transcript will be made available in the Investor Information section of the company's website tomorrow. A webcast replay will also be made available on the company's website.

At this time, I would like to turn the conference over to Realogy's Senior Vice President, Alicia Swift. Please go ahead, Alicia.

Alicia Swift

Thank you, Craig. Good morning and welcome to Realogy's first quarter 2022 earnings conference call. On the call with me today are Realogy's CEO and President, Ryan Schneider; and Chief Financial Officer, Charlotte Simonelli. As shown on Slide 3 of the presentation, the company will be making statements about its future results and other forward-looking statements during this call. These statements are based on the current expectations and the current economic environment. Forward-looking statements and projections are inherently subject to significant economic, competitive and other uncertainties and contingencies, many of which are beyond the control of management, including among others, constrained inventory levels, rising inflation and mortgage rate and uncertainties raised related to the continued strength of the housing market and the ongoing COVID crisis. Actual results may differ materially from those expressed or implied in the forward-looking statements.

For those who listen to the rebroadcast of this presentation, we remind you that the remarks made herein are as of today, April 28, and have not been updated subsequent to the initial earnings call. Important assumptions and factors that cause actual results to differ materially from those in the forward-looking statements are specified in our earnings release issued today as well as in our annual and quarterly SEC filings. Also, certain non-GAAP financial measures will be discussed on this call and per SEC rules. Important information regarding these non-GAAP financial measures is included in our earnings press release and slides. Last the industry data referenced during today's call is based on NAR's most recent public estimates, which are subject to review and revision. Factors that may impact the comparability of our home sales statistics to NAR are outlined in our annual and quarterly reports filed with the SEC.