First Industrial Realty Trust, Inch. (FR) CEO Peter Baccile on Q2 2022 Results - Earnings Call Transcript

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Q2: 2022-07-20 Earnings Summary

EPS of $0.88 beats by $0.61
 | Revenue of $130.05M (10.78% Y/Y) beats by $2.50M

First Industrial Realty Trust, Inch. (NYSE:FR) Q2 2022 Earnings Conference Call July 21, 2022 11:00 AM ET

Company Participants

Arthur Harmon - VP, IR & Marketing
Scott Musil - CFO, SVP, Treasurer & Assistant Secretary
Peter Baccile - President, CEO & Director
Johannson Yap - Co-Founder, CIO & EVP, West Region
Robert Walter - SVP
Christopher Schneider - SVP, Operations & Chief Information Officer
Peter Schultz - EVP

Conference Call Participants

David Rodgers - Robert W. Baird & Co.
Robert Stevenson - Janney Montgomery Scott
Todd Thomas - KeyBanc Capital Markets
Richard Anderson - SMBC
Michael Carroll - RBC Capital Markets
Ki Bin Kim - Truist Securities
Anthony Powell - Barclays Bank
Greg McGinniss - Scotiabank
Michael Mueller - JPMorgan Chase & Co.
Vince Tibone - Green Street Advisors

Operator

Good day, and welcome to the First Industrial Second Quarter Results Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Art Harmon, VP of Investor Relations and Marketing. Please go ahead.

Arthur Harmon

Thank you, Samara. Hello, everyone, and welcome to our call.

Before we discuss our second quarter 2022 results and our updated guidance for the year. Let me remind everyone that our call may include forward-looking statements as defined by federal securities laws. These statements are based on management's expectations, plans and estimates of our prospects. Today's statements may be time sensitive and accurate only as of today's date, July 21, 2022. We assume no obligation to update our statements or the other information we provide. Actual results may differ materially from our forward-looking statements and factors which could cause this are described in our 10-K and other SEC filings.

You can find a reconciliation of non-GAAP financial measures discussed in today's call in our supplemental report and our

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