FPL Group, Inc. (FPL)
Q1 2010 Earnings Call Transcript
April 27, 2010 9:00 am ET
Armando Pimentel – EVP, Finance and CFO
Lew Hay – Chairman and CEO
Daniel Eggers – Credit Suisse
Paul Patterson – Glenrock Associates
Jonathan Arnold – Deutsche Bank
Paul Ridzon – KeyBanc Capital Markets
Brian Chin – Citi
Reza Hatefi – Decade Capital Management
Phyllis Gray – Dwight Asset Management
Good day everyone and welcome to the FPL Group’s first quarter 2010 earnings release conference call. Today’s conference is being recorded. At this time for opening remarks, I would like to turn the conference over to Ms. Rebecca Kujawa. Ms. Kujawa, please go ahead.
Thank you Mike. Good morning everyone, and welcome to our first quarter 2010 earnings conference call. Armando Pimentel, FPL Group’s Chief Financial Officer will provide an overview of our performance for the quarter. Also joining us this morning are Lew Hay, FPL Group’s Chairman and Chief Executive Officer; Jim Robo, President and Chief Operating Officer of FPL Group; and Armando Olivera, President and Chief Executive Officer of Florida Power & Light Company.
Following our prepared remarks, our senior management team will be available to take your questions. We will be making statements during this call that are forward-looking. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially from our forward-looking statements if any of our key assumptions are incorrect or because of other factors discussed in today’s earnings release, in the comments made during this conference call, in the risk factors section of the accompanying presentation or in our latest reports and filings with the Securities & Exchange Commission each of which can be found on the Investors section of our Website at www.FPLGroup.com.
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