This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

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

Executives

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

Analysts

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

Presentation

Operator

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.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,689.86 -56.12 -0.32%
S&P 500 2,103.84 -4.79 -0.23%
NASDAQ 5,128.2810 -0.5040 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs