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Corporate Office Properties' CEO Discusses Q2 2012 Results - Earnings Call Transcript

Corporate Office Properties Trust (OFC)

Q2 2012 Earnings Call

July 26, 2012 11:00 am ET


Stephanie Krewson –Vice President, Investor Relations

Roger Waesche – President and Chief Executive Officer

Steve Riffee – Executive Vice President and Chief Financial Officer

Steve Budorick – Executive Vice President and Chief Operating Officer

Wayne Lingafelter – President, COPT Development & Construction Services


Jamie C. Feldman – Bank of America/Merrill Lynch

Brendan Maiorana – Wells Fargo Securities

John W. Guinee – Stifel Nicolaus & Co.

George Auerbach – ISI Group



Welcome to the Corporate Office Properties Trust Seond Quarter 2012 Earnings Conference Call. As a reminder, today's call is being recorded.

At this time, I will turn the call over to Stephanie Krewson, COPT's Vice President of Investor Relations.

Ms. Krewson, please go ahead.

Stephanie M. Krewson

Thank you, [Janita]. Good morning and welcome to the COPT's conference call to discuss the Company's second quarter 2012 results. With me today are Roger Waesche, President and CEO; Steve Riffee, Executive VP and CFO; Steve Budorick, Executive VP and COO; and Wayne Lingafelter, EVP of Development & Construction.

As management discusses GAAP and non-GAAP measures, you will find a reconciliation of such financial measures in the press release issued earlier this morning, and under the Investor Relations section of our website. At the conclusion of management's remarks, the call will be opened up for your questions.

Before turning the call over to management, let me remind all of you that certain statements made during this call regarding anticipated operating results and future events are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although such statements and projections are based upon what we believe to be reasonable assumptions, actual results may differ from those projected.

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