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Forest City Enterprises CEO Discusses Q3 2011 Results - Earnings Call Transcript

Forest City Enterprises Inc. (FCE.A)

Q3 2011 Earnings Call

December 9, 2011; 11:00 am ET


David LaRue - President & Chief Executive Officer

Bob O'Brien - Chief Financial Officer

Matt Messinger - Executive Vice President of Investment Management


Paul Adornato - BMO Capital Markets

Sheila McGrath - KBW

Richard Moore - RBC Capital Markets



Welcome to the Forest City Enterprises third quarter 2011 earnings conference call. The company will like to remind you that today’s remarks include forward-looking comments that are covered under federal Safe Harbor provisions.

Actual results could differ materially from those expressed or implied in such forward-looking statements due to various risks, uncertainties and other factors. Please refer to the risk factors outlined in Forest City’s annual and quarterly reports filed with the SEC for a discussion of factors that could cause results to differ.

This call is being recorded and a replay will be available beginning at 2:00 pm Eastern Time today. Both the telephone replay and the webcast will be available until January 9, 2012 at 11:59 pm Eastern Time.

Also, please note that exhibits referred during today's call are available on the Investor Relations page of the company's website At this time all participants are in listen-only mode. Participants on the call will have the opportunity to ask questions following the company's prepared comments.

I would now like to turn the call over to Forest City's President and CEO, David LaRue. Please go ahead Mr. LaRue.

David LaRue

Thank you operator and good morning everyone. Thank you for joining us today. Sharing remarks with me today is Bob O'Brien, our Chief Financial Officer. Matt Messinger, our EVP of Investment Management of our New York office is also on the call and available to answer questions during Q&A.

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