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

Stewart Enterprises Management Discusses Q3 2012 Results - Earnings Call Transcript

Stewart Enterprises (STEI)

Q3 2012 Earnings Call

September 06, 2012 11:00 am ET

Executives

Martin R. de Laurèal - Senior Vice President of Corporate Development & Investor Relations

Thomas M. Kitchen - Chief Executive Officer, President, Director and Member of Investment Committee

Lewis J. Derbes - Chief Financial Officer, Senior Vice President and Treasurer

Analysts

Albert J. Rice - UBS Investment Bank, Research Division

Christian Rigg - Susquehanna Financial Group, LLLP, Research Division

James Clement - Sidoti & Company, LLC

Dick Innes - JC Clark Ltd.

Clint D. Fendley - Davenport & Company, LLC, Research Division

Nicholas Jansen - Raymond James & Associates, Inc., Research Division

Presentation

Operator

Good day, everyone, and welcome to the Stewart Enterprises Third Quarter 2012 Earnings Conference Call. As a reminder, today's call is being recorded. [Operator Instructions] On the call today is Tom Kitchen, President and Chief Executive Officer; Lew Derbes, Chief Financial Officer; and Martin de Laurèal, Senior Vice President, Corporate Development and Investor Relations. I would now like to turn the conference over to Martin de Laurèal. Please go ahead.

Martin R. de Laurèal

Thank you, operator. Good morning. On behalf of Stewart Enterprises, I would like to welcome everyone. By now, you should have already received a copy of our press release. If not, please visit Stewart's website at www.stei.com. On today's call, management will provide an overview of the third quarter for 2012 and then we'll open up the call for your questions.

The information contained in the call is current only at the time of this call. Statements made by the company that are not historical facts are forward-looking statements. The company assumes no obligation to update any statements, including forward-looking statements made during this call. Examples of forward-looking statements include: projections of revenue or earnings, growth rates, free cash flow, debt levels, tax benefits or other financial items; statements regarding plans and objectives of the company or its management; statements regarding industry trends, competitive trends and their effect on future performance; and assumptions underlying forward-looking statements regarding the company and its business.

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
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs