ITT Educational Services Management Discusses Q2 2012 Results - Earnings Call Transcript

ITT Educational Services (ESI)

Q2 2012 Earnings Call

July 26, 2012 11:00 am ET

Executives

Kevin M. Modany - Chairman and Chief Executive Officer

Daniel M. Fitzpatrick - Chief Financial Officer, Principal Accounting Officer and Executive Vice President

Analysts

Kelly A. Flynn - Crédit Suisse AG, Research Division

Suzanne E. Stein - Morgan Stanley, Research Division

Jeffrey Y. Volshteyn - JP Morgan Chase & Co, Research Division

Paul Ginocchio - Deutsche Bank AG, Research Division

Robert L. Craig - Stifel, Nicolaus & Co., Inc., Research Division

Sara Gubins - BofA Merrill Lynch, Research Division

George K. Tong - Piper Jaffray Companies, Research Division

James Samford - Citigroup Inc, Research Division

Gary E. Bisbee - Barclays Capital, Research Division

Corey Greendale - First Analysis Securities Corporation, Research Division

Jeffrey P. Meuler - Robert W. Baird & Co. Incorporated, Research Division

Trace A. Urdan - Wells Fargo Securities, LLC, Research Division

Timo Connor

Presentation

Operator

Greetings, ladies and gentlemen, and welcome to the ITT Educational Services 2012 Second Quarter Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. Joining us today from the management of ITT Educational Services, we have Kevin Modany, Chief Executive Officer and Chairman; and Dan Fitzpatrick, Executive Vice President and Chief Financial Officer.

Before we begin, ITT Educational Services, Inc. wishes to remind you that this conference call may include forward-looking information. Actual results may differ from the information presented during this call. For additional information, please review the section on forward-looking information contained in today's news release or in the company's public filings with the Securities and Exchange Commission. Thank you, Mr. Modany, you may begin.

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