HCP's CEO Discusses Q4 2011 Results - Earnings Call Transcript


Q4 2011 Earnings Call

February 14, 2012 12:00 pm ET


John Lu - Vice President of Investment Management

James F. Flaherty - Chairman and Chief Executive Officer

Timothy M. Schoen - Chief Financial officer and Executive Vice President

Paul F. Gallagher - Chief Investment Officer and Executive Vice President


Adam T. Feinstein - Barclays Capital, Research Division

Bryan Sekino - Barclays Capital, Research Division

Dan Bernstein - Stifel, Nicolaus & Co., Inc., Research Division

Paul Morgan - Morgan Stanley, Research Division

Jeff Theiler - Green Street Advisors, Inc., Research Division

Ross T. Nussbaum - UBS Investment Bank, Research Division

Quentin Velleley - Citigroup Inc, Research Division

Michael Bilerman - Citigroup Inc, Research Division

James Milam - Sandler O'Neill + Partners, L.P., Research Division

Richard C. Anderson - BMO Capital Markets U.S.

Todd Stender - Wells Fargo Securities, LLC, Research Division

Omotayo T. Okusanya - Jefferies & Company, Inc., Research Division

Michael W. Mueller - JP Morgan Chase & Co, Research Division

Nicholas Yulico - Macquarie Research



Good day, ladies and gentlemen, and welcome to the Fourth Quarter 2011 HCP Earnings Conference Call. My name is Zenita and I will be your coordinator today. [Operator Instructions] Now I would like to turn the presentation over to your host for today's conference call, John Lu, Senior Vice President. You may go ahead, sir.

John Lu

Thank you, Zenita. Good afternoon, and good morning. Some of the statements to be made during today’s conference call will contain forward-looking statements, including the statements about our guidance. These statements are made as of today’s date and reflect the company’s good faith, beliefs and best judgment based upon currently available information. The statements are subject to the risks, uncertainties and assumptions that are described from time to time in the company’s press releases and SEC filings.

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