Post Properties Inc. (PPS)

Q2 2010 Earnings Call Transcript

August 03, 2010 10:00 am

Executives

Dave Stockert - President & CEO

Jamie Teabo - EVP, Property Management

Chris Papa - EVP & CFO

Analysts

Michael Salinsky - RBC Capital Markets

Eric Wolff - Citi

Michelle Ko - Bank of America

Andrew McCulloch - Green Street Advisors

Karin Ford - KeyBanc

Presentation

Operator

Good day, everyone and welcome to the Post Properties second quarter 2010 earnings conference call. This call is being recorded. Today's question-and-answer session will be conducted electronically. (Operator Instructions)

At this time, I will turn the call over to Post Properties President and Chief Executive Officer, Mr. Dave Stockert for opening remarks and introductions. Please go ahead, sir.

Dave Stockert

Thank you very much and good morning. This is Dave Stockert, with me are Chris Papa, our CFO; and Jamie Teabo, Head of Property Management. Welcome to Post Properties second quarter conference call. Statements made on this call regarding expected operating results and other future events are forward-looking statements that involve risks and uncertainties. A number of factors could cause actual results to differ materially from those anticipated, including those discussed in the risk factors section of our 2009 annual report on Form 10-K.

Forward-looking statements are made based on current expectations, assumptions and beliefs as well as information available to us at this time. Post Properties undertakes no obligation to update any information discussed on this conference call. During this call we will discuss certain non-GAAP financial measures. Reconciliations to comparable GAAP financial measures can be found in our earnings release and supplemental financial data.

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