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ITC Holdings' CEO Discusses Q2 2012 Results - Earnings Call Transcript

Start Time: 11:00

End Time: 11:42

ITC Holdings Corp. (ITC)

Q2 2012 Earnings Call

August 1, 2012 11:00 a.m. ET



Executives

Gretchen Holloway – Head – IR

Joe Welch – Chairman, President & CEO

Cameron Bready – EVP, Treasurer & CFO

Analysts

Kevin L. Cole – Credit Suisse

Caroline V. Bone – Deutsche Bank.

Neil A. Kalton – Wells Fargo Securities

Presentation



Operator

Good day, ladies and gentlemen, and welcome to ITC Holdings Corp. Second Quarter 2012 Earnings Conference Call. (Operator Instructions) As a reminder, this call may be recorded.

I would now like to introduce your host for today’s conference, Gretchen Holloway. Ma’am, you may begin.

Gretchen Holloway

Good morning, everyone, and thank you for joining us for ITC’s 2012 Second Quarter Earnings Conference Call. Joining me on today’s call are Joseph Welch, Chairman, President and CEO of ITC, and Cameron Bready, our Executive Vice President and CFO.

Last night, we issued a press release summarizing our results for the second quarter and for the six months ended June 30, 2012. We expect to file our Form 10-Q with the Securities and Exchange Commission today.

Before we begin, I would like to remind everyone of the cautionary language contained in the Safe Harbor statement. Certain statements made during today’s call that are not historical facts such as those regarding our future plans, objectives and expected performance are considered forward-looking statements under Federal Securities Laws. While we believe these statements are reasonable, they are subject to various risks and uncertainties and actual results may differ materially from our projections and expectations.

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