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Piedmont Office Realty Trust CEO Discusses Q2 2011 Results - Earnings Call Transcript

Stocks in this article: PDM

Piedmont Office Realty Trust ( PDM)

Q2 2011 Earnings Call

August 10, 2011 10:00 am ET

Executives

Robert E. Bowers – Chief Financial Officer

Donald A. Miller – Chief Executive Officer

Raymond L. Owens - Executive Vice President, Capital Markets

Analysts

Chris Caton – Morgan Stanley & Co. LLC

John W. Guinee – Stifel, Nicolaus & Co., Inc.

Anthony Paolone – JPMorgan Securities LLC

John J. Stewart – Green Street Advisors, Inc.

Paul E. Adornato – BMO Capital Markets

Dave Rodgers – RBC Capital Markets

Young Ku – Wells Fargo Advisors LLC

Presentation

Operator

Greetings, and welcome to the Piedmont Office Realty Trust’s Second Quarter 2011 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. (Operator Instructions) As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Bobby Bowers, Chief Financial Officer of Piedmont Office Realty Trust. Thank you, Mr. Bowers. You may begin.

Robert E. Bowers

Thank you, operator. Good morning everyone and welcome to Piedmont's second quarter 2011 conference call. Last night, in addition to posting our earnings release, we also filed our quarterly Form 10-Q and a Form 8-K including our unaudited quarterly supplemental information. This information is also available for your review on our website at www.piedmontreit.com under the Investor Relations section.

On today’s call, the company’s prepared remarks and answers to your questions will contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements address matters, which are subject to risk and uncertainties that may cause actual results to differ from those discussed today. Examples of forward-looking statements include those related to Piedmont Office Realty Trust revenues, operating income, financial guidance, as well as leasing and acquisition activity. You should not place any undue reliance on any of these forward-looking statements and those statements speak only as of the date they are made.

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