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.

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