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Vornado Realty Trust CEO Discusses Q2 Results - Earnings Transcript

Start Time: 01:00

End Time: 02:12

Vornado Realty Trust (VNO)

Q2 2012 Earnings Call

August 7, 2012 01:00 PM ET

Executives

Cathy Creswell – Director of Investor Relations

Michael Fascitelli – President and Chief Executive Officer

Joseph Macnow – Chief Financial Officer

Steven Roth – Chairman

David Greenbaum – President - New York City Office Division

Mitchell Schear – President of the Washington D.C. Division

Analysts

Steve Sakwa – ISI Group

Michael Bilerman – Citigroup

Jeff Spector – Bank of America/Merrill Lynch

James Feldman – Bank of America/Merrill Lynch

Anthony Paolone – JPMorgan

Michael Knott – Green Street Advisors, Inc.

Ross Nussbaum – UBS

Chris Caton – Morgan Stanley

Alexander Goldfarb – Sandler O’Neill & Partners

John Guinee – Stifel Nicolaus

David Harris – Imperial Capital

Tom Truxillo – Bank of America

Presentation

Operator

Good afternoon and welcome to the Vornado Realty Trust Second Quarter 2012 Earnings Call. My name is Ellen and I will be your operator for today’s call. This call is being recorded for replay purposes. All lines are in a listen-only mode. Our speakers will address your questions at the end of the presentation during the question-and-answer session. (Operator Instructions)

I will now turn the call over to Ms. Cathy Creswell, Director of Investor Relations. Please go ahead.

Cathy Creswell

Thank you. Welcome to Vornado Realty Trust inaugural quarterly earnings call. Yesterday afternoon we issued our second quarter earnings release and filed our Form 10-Q with the Securities and Exchange Commissions. These documents as well as our supplemental financial information package are available on our website, www.vno.com under the investor relations section. In these documents and during today’s call we will discuss our non-GAAP financial measures. Reconciliation of these measures to the most directly comparable GAAP measures are included our earnings release, Form 10-Q and financial supplements.

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