Public Storage Management Discusses Q2 2012 Results - Earnings Call Transcript

Public Storage (PSA)

Q2 2012 Earnings Call

August 03, 2012 1:00 pm ET

Executives

Clemente Teng - Vice President of Investor Services

Edward John Reyes - Chief Financial Officer, Principal Accounting Officer and Senior Vice President

Ronald L. Havner - Chairman, Chief Executive Officer and President

Analysts

Christy McElroy - UBS Investment Bank, Research Division

Michael Bilerman - Citigroup Inc, Research Division

Todd M. Thomas - KeyBanc Capital Markets Inc., Research Division

Michael Knott - Green Street Advisors, Inc., Research Division

Gaurav Mehta - Cantor Fitzgerald & Co., Research Division

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

Neil Malkin - RBC Capital Markets, LLC, Research Division

Todd Stender - Wells Fargo Securities, LLC, Research Division

Paula J. Poskon - Robert W. Baird & Co. Incorporated, Research Division

David Harris - Imperial Capital, LLC, Research Division

Jordan Sadler - KeyBanc Capital Markets Inc., Research Division

Ross T. Nussbaum - UBS Investment Bank, Research Division

Presentation

Operator

Good afternoon. My name is Maria, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Public Storage Second Quarter 2012 Earnings Conference Call. [Operator Instructions] After the speakers' remarks, there will be a question-and-answer session. Thank you.

I would now like to turn the call over to Mr. Clem Teng to begin. Please go ahead, sir.

Clemente Teng

Good morning, and thank you for joining us for our second quarter earnings call. Here with me today are Ron Havner and John Reyes.

All statements other than statements of historical facts included in this conference call are forward-looking statements, subject to a number of risks and uncertainties that could cause actual results to differ materially from those projected in these statements. These risks and other factors that could adversely affect our business and future results are described in today's earnings press release and in our reports filed with the SEC.

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