Parkway Properties, Inc. Q1 2010 Earnings Call Transcript

Parkway Properties, Inc. (PKY)

Q1 2010 Earnings Conference Call

May 4, 2010 11:00 AM ET

Executives

Sarah Clark – IR

Steve Rogers – CEO

Will Flatt – COO

Mandy Pope – Chief Investment Officer

Jim Ingram – Chief Investment Officer

Analysts

Jordan Sadler – KeyBanc Capital Markets

Brendan Maiorana – Wells Fargo

Michael Bilerman – Citigroup

Ross Nussbaum – UBS

Mitch Germain – JMP Securities

Dan Donlan – Janney Montgomery Scott

Rich Anderson – BMO Capital Markets

John Guinee – Stifel Nicolaus

Presentation

Operator

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Good day everyone and welcome to the Parkway Properties First Quarter Earnings Conference call. Today’s call is being recorded. With us today are Chief Executive Officer, Mr. Steve Rogers, Chief Financial Officer, Mr. Richard Hickson; Chief Operating Officer, Mr. Will Flatt; Chief Investment Officer, Ms. Mandy Pope; Chief Investment Officer Mr. Jim Ingram and Ms. Sarah Clark, Investor Relations. At this time, I would like to turn the conference over to Ms. Sarah Clark. Please go ahead.

Sarah Clark

Thank you. Good morning everyone and welcome to Parkway’s 2010 first quarter conference call. Before we get started with this morning’s presentation, I would like to direct you to our website at www.pky.com where you can find a printable version of today’s presentation. On our website you will also find copies of our earnings press release from May 3 and a supplemental information package for the first quarter. Both of which include a reconciliation of non-GAAP measures that will be discussed today to the most directly comparable GAAP financial measures.

Certain statements contained in this presentation that are not in the present tense are that discuss the Company’s expectations are forward-looking statements within the meaning of the Federal Securities Laws. Although the company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that these expectations will be achieved.