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Camden Property Trust's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Camden Property Trust (CPT)

Q1 2012 Earnings Call

April 27, 2012 12:00 PM ET

Executives

Kimberly Callahan – VP, IR

Richard Campo – Chairman and CEO

Keith Oden – President and Trust Manager

Dennis Steen – SVP- Finance and CFO

Analysts

Alex Goldfarb – Sandler O’Neill

Dave Bragg – Zelman & Associates

Rich Anderson – BMO Capital Markets

Eric Wolfe – Citigroup

Seth Laughlin – ICI Group

Michael Salinsky – RBC Capital Markets

Paula Poskon – Robert W Baird

Rob LaQuaglia – Wells Fargo

Presentation

Operator

Good afternoon. And welcome to the Camden Property Trust First Quarter 2012 Earnings Release Conference Call. All participants will be in listen only-mode. (Operator Instructions) After today’s presentation, there will be an opportunity to ask questions. (Operator Instructions) Please note this event is being recorded.

I would now like to turn the conference over to Kim Callahan, Vice President of Investor Relations. Please go ahead.

Kimberly Callahan

Good morning and thank you for joining Camden’s first quarter 2012 earnings conference call. Before we begin our prepared remarks, I would like to advise everyone that we will be making forward-looking statements based on our current expectations and beliefs. These statements are not guarantees of future performance and involve risks and uncertainties that could cause actual results to differ materially from expectations. Further information about these risks can be found in our filings with the SEC, and we encourage you to review them.

As a reminder, Camden’s complete first quarter 2012 earnings release is available in the Investor Relations section of our website at camdenliving.com, and it includes reconciliations to non-GAAP financial measures which will be discussed on the call.

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