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Federal Realty Investment Trust's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Federal Realty Investment Trust (FRT)

Q2 2012 Earnings Call

August 2, 2012 11:00 AM ET


Kristina Lennox – IR Coordinator

Andy Blocher – SVP and CFO

Dawn Becker – EVP and COO

Don Wood – President and CEO

Jeff Berkes – VP, Leasing West Coast

Jim Taylor


Jeffrey Donnelly – Wells Fargo

Craig Schmidt – Bank of America

Paul Morgan – Morgan Stanley

Alex Goldfarb – Sandler O’Neill

Joe Dazzio – JP Morgan

Tayo Okusanya – Jefferies

Quentin Velleley – Citi

Rich Moore – RBC Capital

Michael Bilerman – Citi

Nathan Isbee – Stifel Nicolaus



Good morning and welcome to the Federal Realty Investment Trust Second Quarter 2012 Earnings Conference Call. (Operator Instructions) This conference is being recorded. If you have any objections you may disconnect at this time.

I would now like to introduce the conference leader Ms. Kristina Lennox. Ma’am you may begin.

Kristina Lennox

Good morning. I’d like to thank everyone for joining us today for Federal Realty’s second quarter 2012 conference call.

Joining me on the call are Don Wood, Dawn Becker, Andy Blocher, Jeff Berkes, Chris Weilminster, Jim Taylor and (inaudible). These and other members of our management team are available to take your questions at the conclusion of our prepared remarks.

Our second quarter 2012 supplemental disclosure package provides a significant amount of valuable information with respect to the Trust’s operating and financial performance. This document is currently available on our website. Certain matters discussed on this call may be deemed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include any annualized or projected information as well as statements referring to expected or anticipated events or results. Although Federal Realty believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, Federal Realty’s future operations and its actual performance may differ materially from the information contained in our forward-looking statements and we can give no assurance that these expectations will be attained.

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