Martin Marietta Materials, Inc. (MLM) Q4 2022 Earnings Call Transcript

Martin Marietta Materials, Inc. (NYSE:MLM) Q4 2022 Earnings Conference Call February 15, 2023 10:00 AM ET

Company Participants

Jennifer Park - VP, IR

Ward Nye - Chairman and CEO

Jim Nickolas - SVP and CFO

Conference Call Participants

Kathryn Thompson - Thompson Research Group

Trey Grooms - Stephens

Stanley Elliott - Stifel

Anthony Pettinari - Citi

Jerry Revich - Goldman Sachs

Tyler Brown - Raymond James

Keith Hughes - Truist

Phil Ng - Jefferies

Michael Dudas - Vertical Research Partners

Michael Feniger - Bank of America

Brent Thielman - D.A. Davidson

Garik Shmois - Loop Capital

David MacGregor - Longbow Research

Joe Nolan - Longbow Research

Rohit Seth - Seaport Research Partners

Operator

Hello and welcome to Martin Marietta's Full Year and Fourth Quarter 2022 Earnings Conference Call. All participants are now in a listen-only mode. A question-and-answer session will follow the company's prepared remarks. As a reminder, today's call is being recorded and will be available for replay on the company's website.

I will now turn the call over to your host, Ms. Jennifer Park, Martin Marietta's Vice President of Investor Relations. Jennifer, you may begin.

Jennifer Park

Good morning. It's my pleasure to welcome you to our full year and fourth quarter 2022 earnings call. Joining me today are Ward Nye, Chairman and Chief Executive Officer, and Jim Nickolas, Senior Vice President and Chief Financial Officer.

Today's discussion may include forward-looking statements as defined by United States securities laws in connection with future events, future operating results or financial performance. Like other businesses, Martin Marietta is subject to risks and uncertainties that could cause actual results to differ materially. We undertake no obligation except as legally required to publicly update or revise any forward-looking statements, whether resulting from new information, future developments or otherwise.

Please refer to the legal disclaimers contained in today's earnings release and other public filings, which are available on both our own and the Securities and Exchange Commission's website. We have made available during this webcast and on the Investors section of our website, supplemental information that summarizes our financial results and trends and 2023 guidance.

As a reminder, all financial and operating results discussed today are for continuing operations. In addition, non-GAAP measures are defined and reconciled to the most directly comparable GAAP measure in the appendix to the supplemental information as well as our filings with the SEC and are also available on our website.